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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.007%
Price spread now: ApeX Omni against Binance−0.035%89s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$590.592% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.105%+$10 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.035%, 7d avg −0.012%
Together, before fees+0.073%+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.023% cheaper against Binance than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.012%). If the spread goes back, that is −$2 on $10k: about 18 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.105% in total) that is about 37 hours. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LITEUSDT945.790get 0.0000% / 8h1h 26m$12.1M$49.2M25x
ShortApeX Omni LITEUSDT945.460.0100get 0.0013% / 1h26m 03s$16K$265K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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
$21
Price spread: −0.035% → −0.012%
−$2.28
Slippage, 4 orders
−$39.24
Fee Binance: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$40.52
Costs to cover
0.592%
Break-even
20.5 days
Slippage from Binance: live order book, 16 min ago; ApeX Omni: live order book, 16 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 Binance live order book, 16 min ago0.58 bp11.4 bp −$1128.3 bp −$28392.3 bp −$9,225doesn't fit
Sell ApeX Omni live order book, 16 min ago8.00 bp19.0 bp −$19178.3 bp −$1,783doesn'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−0.0643%8h945.45−0.036%$2.6M$3.1M20xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h946.65+0.091%$92K$212K10xas long as short
Deribit LITE_USDC-PERPETUAL−0.0046%1h945.09−0.074%$18K$40K10xas long as short
Aster LITEUSDT0.0000%8h945.64−0.016%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h945.14−0.068%$14K$218K10xas long as short
Binance LITEUSDTlong0.0000%8h945.79long leg$12.1M$49.2M25x
Bybit LITEUSDT0.0000%8h945.89+0.011%$1.7M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h945.93+0.015%$3.6M$18.3M25xas long as short
Gate LITE_USDT0.0000%8h946.31+0.055%$7.9M$6.5M50xas long as short
Variational Omni LITE0.0000%8h944.27−0.161%$259K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h944.14−0.174%$1K$195K10xas long as short
SunX LITE-USDT0.0000%8h945.70−0.010%$810$3.8M10xas long as short
HTX LITE-USDT0.0000%8h945.37−0.044%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h946.11+0.034%$1.5M$726K10xas long as short
QFEX LITE-USD+0.0012%1h944.85−0.099%$1.1M$3.6M10xas long as short
BloFin LITE-USDT+0.0019%8h944.48−0.139%$215K$238K20xas long as short
Lighter LITE+0.0032%1h945.62−0.018%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h944.77−0.108%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h945.94+0.016%$73K$229K10xas long as short
SoDEX LITE-USD+0.0050%1h945.27−0.055%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h943.29−0.264%$32K$347K10xas long as short
tradeXYZ xyz:LITE+0.0094%1h945.93+0.015%$7.5M$5.8M10xas long as short
KuCoin LITEUSDTM+0.0100%8h945.22−0.060%$519K$43K20xas long as short
ApeX Omni LITEUSDTshort+0.0100%1h945.46−0.035%$16K$265K50x
Orderly PERP_LITE_USDC_mythos+0.0100%8h945.26−0.056%$919$3K10xas long as short
Aevo LITE-PERP+0.0104%1h945.34−0.048%10xas long as short
edgeX LITEUSDC+0.0286%4h945.07−0.076%$61K$472K10xas long as short