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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0213%/8h= −23.4% APRnext payment $2.13 per $10,000 · paid last 24h −0.042%
Price spread now: Aster against Binance+0.054%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$407as in the Funding arb table
Net, price: spread back to 7d avg − costs−$392as in the Price arb table
costs, in and out, $10k−$3953.952% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.113%−$11 on $10k
Price spread, last 2 days (all we have)−0.051%−$5 · spread now +0.054%, 7d avg +0.021%
Together, before fees−0.164%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.033% dearer against Binance than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of +0.021%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.113% in total) that is about 2.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.113% in total (about -5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LITEUSDT958.910.0213pay 0.0213% / 8h5h 55m$12.8M$46.5M25x
ShortAster LITEUSDT959.430get 0.0000% / 8h5h 55m$107K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$44.79
Price spread: +0.054% → +0.021%
$3.29
Slippage, 4 orders
−$377.23
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$436.72
Costs to cover
3.952%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; Aster: live order book, 5 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, 2 min ago0.78 bp10.5 bp −$1122.3 bp −$22382.8 bp −$8,282doesn't fit
Sell Aster live order book, 5 min ago80.21 bp88.1 bp −$88doesn't fitdoesn't fitdoesn't fit

LITE on 26 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
Coinbase International LITE-PERP-INTX−0.0144%1h956.17−0.286%$107K$197K10xas long as short
Aster LITEUSDTshort0.0000%8h959.43+0.054%$107K$17K20x
Bybit LITEUSDT0.0000%8h958.94+0.003%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h958.89−0.002%$3.8M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h959.53+0.064%$8.0M$6.2M50xas long as short
Bitget LITEUSDT0.0000%8h958.76−0.016%$2.6M$3.0M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h958.70−0.022%$307$189K10xas long as short
SunX LITE-USDT0.0000%8h958.70−0.022%$898$3.9M10xas long as short
HTX LITE-USDT0.0000%8h959.28+0.038%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h959.89+0.102%$1.5M$683K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USD+0.0008%1h958.77−0.015%$1.1M$4.9M10xas long as short
Lighter LITE+0.0032%1h958.50−0.043%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h958.51−0.042%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h959.22+0.032%$74K$228K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h958.10−0.085%$96K$244K10xas long as short
KuCoin LITEUSDTM+0.0100%8h958.14−0.081%$525K$42K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h958.66−0.026%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h959.02+0.011%$932$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.00+0.009%10xas long as short
Variational Omni LITE+0.0113%8h959.06+0.015%$266K$147Kas long as short
Deribit LITE_USDC-PERPETUAL+0.0167%1h959.39+0.050%$19K$37K10xas long as short
Binance LITEUSDTlong+0.0213%8h958.91long leg$12.8M$46.5M25x
Extended LITE-USD+0.0216%1h958.54−0.039%$13K$203K10xas long as short
edgeX LITEUSDC+0.0276%4h958.32−0.062%$69K$454K10xas long as short
tradeXYZ xyz:LITE+0.0310%1h958.66−0.026%$7.1M$5.4M10xas long as short
SoDEX LITE-USD+0.0452%1h958.72−0.020%$23K$9K10xas long as short