Settings8H · net · $10k
Funding arb · Price arb /

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.032%
Price spread now: Lighter against Aster−0.011%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1911.912% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.417%+$42 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.011%, 7d avg −0.031%
Together, before fees+0.384%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.020% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LITEUSDT946.580get 0.0000% / 8h2h 01m$106K$17K20x
ShortLighter LITE946.480.0032get 0.0004% / 1h1m 36s$25K$104K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$6.72
Price spread: −0.011% → −0.031%
$2.01
Slippage, 4 orders
−$183.19
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$182.45
Costs to cover
1.912%
Break-even
197.1 days
Slippage from Aster: live order book, 44 min ago; Lighter: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 44 min ago46.80 bp89.5 bp −$89doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 28 min ago1.38 bp2.6 bp −$331.8 bp −$318doesn't fitdoesn't fit

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LITEUSDT−0.0650%8h946.64+0.006%$2.6M$3.1M20xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h946.50−0.009%$93K$211K10xas long as short
QFEX LITE-USD0.0000%1h946.44−0.015%$1.1M$3.5M10xas long as short
Aster LITEUSDTlong0.0000%8h946.58long leg$106K$17K20x
Extended LITE-USD0.0000%1h946.09−0.052%$14K$220K10xas long as short
Binance LITEUSDT0.0000%8h946.54−0.005%$12.1M$49.0M25xas long as short
Bybit LITEUSDT0.0000%8h946.54−0.005%$1.8M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h947.11+0.056%$3.6M$18.2M25xas long as short
Gate LITE_USDT0.0000%8h947.12+0.057%$7.9M$6.5M50xas long as short
Variational Omni LITE0.0000%8h947.18+0.064%$260K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h946.81+0.024%$1K$194K10xas long as short
SunX LITE-USDT0.0000%8h946.90+0.034%$699$3.8M10xas long as short
HTX LITE-USDT0.0000%8h946.97+0.041%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h947.32+0.078%$1.5M$717K10xas long as short
BloFin LITE-USDT+0.0024%8h946.580.000%$215K$237K20xas long as short
Lighter LITEshort+0.0032%1h946.48−0.011%$25K$104K10x
Deribit LITE_USDC-PERPETUAL+0.0035%1h946.36−0.024%$18K$40K10xas long as short
Vest LITE-USD-PERP+0.0046%1h945.87−0.075%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h946.82+0.025%$73K$228K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h947.17+0.062%$32K$343K10xas long as short
KuCoin LITEUSDTM+0.0100%8h946.04−0.057%$519K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h946.93+0.037%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h946.47−0.012%$920$3K10xas long as short
Aevo LITE-PERP+0.0104%1h946.40−0.019%10xas long as short
tradeXYZ xyz:LITE+0.0178%1h946.77+0.020%$7.5M$5.8M10xas long as short
SoDEX LITE-USD+0.0192%1h946.59+0.001%$23K$9K10xas long as short
edgeX LITEUSDC+0.0269%4h946.39−0.020%$62K$471K10xas long as short