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+0.0014%/8h= +1.6% APRpaid last 24h +0.001%
Price spread now: QFEX against BloFin+0.072%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.072%, 7d avg −0.027%
Together, before fees−0.079%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.099% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LITE-USDT947.21−0.0012get 0.0012% / 8h9m 56s$216K$243K20x
ShortQFEX LITE-USD947.890.0002get 0.0000% / 1h9m 56s$1.1M$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against BloFin. 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
$2.99
Price spread: +0.072% → −0.027%
$9.87
Slippage, 4 orders
−$12.76
Fee BloFin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$21.91
Costs to cover
0.348%
Break-even
58.4 days
Slippage from BloFin: live order book, 61 min ago; QFEX: live order book, 4 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 BloFin live order book, 61 min ago0.10 bp10.1 bp −$1015.6 bp −$156doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago1.42 bp7.1 bp −$712.6 bp −$126doesn'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
Coinbase International LITE-PERP-INTX−0.0120%1h946.24−0.102%$93K$215K10xas long as short
Bitget LITEUSDT−0.0105%8h947.78+0.060%$2.6M$3.1M20xas long as short
BloFin LITE-USDTlong−0.0012%8h947.21long leg$216K$243K20x
Aster LITEUSDT0.0000%8h948.59+0.145%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h947.47+0.027%$49K$247K10xas long as short
Binance LITEUSDT0.0000%8h947.70+0.052%$12.1M$49.4M25xas long as short
Bybit LITEUSDT0.0000%8h947.84+0.067%$1.8M$2.0M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h947.84+0.067%$3.6M$18.6M25xas long as short
Gate LITE_USDT0.0000%8h948.36+0.121%$8.0M$6.5M50xas long as short
Variational Omni LITE0.0000%8h947.49+0.029%$260K$140Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h948.26+0.111%$1K$194K10xas long as short
SunX LITE-USDT0.0000%8h947.20−0.001%$814$3.7M10xas long as short
HTX LITE-USDT0.0000%8h947.43+0.023%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h948.09+0.093%$1.5M$742K10xas long as short
QFEX LITE-USDshort+0.0002%1h947.89+0.072%$1.1M$3.8M10x
Lighter LITE+0.0032%1h947.64+0.045%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h947.210.000%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h948.18+0.102%$74K$229K10xas long as short
SoDEX LITE-USD+0.0050%1h947.39+0.019%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h947.63+0.044%$32K$353K10xas long as short
KuCoin LITEUSDTM+0.0100%8h947.41+0.021%$520K$49K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h948.54+0.140%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h947.52+0.033%$921$3K10xas long as short
Aevo LITE-PERP+0.0104%1h947.39+0.019%10xas long as short
tradeXYZ xyz:LITE+0.0227%1h947.83+0.065%$7.7M$5.8M10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0246%1h947.79+0.061%$18K$41K10xas long as short
edgeX LITEUSDC+0.0592%4h947.93+0.076%$63K$474K10xas long as short