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−0.0023%/8h= −2.5% APRnext payment $0.23 per $10,000 · paid last 24h +0.001%
Price spread now: SunX against BloFin−0.462%715s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1451.453% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.088%−$9 on $10k
Price spread, last 3 days (all we have)+0.473%+$47 · spread now −0.462%, 7d avg −0.013%
Together, before fees+0.384%+$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.449% cheaper against BloFin than usual: you would sell low and buy high (−$45 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 715 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LITE-USDT962.750.0023pay 0.0023% / 8h6h 36m$227K$236K20x
ShortSunX LITE-USDT958.300get 0.0000% / 8h6h 36m$586$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$4.75
Price spread: −0.462% → −0.013%
−$44.9
Slippage, 4 orders
−$125.33
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$194.97
Costs to cover
1.453%
Break-even
never at this rate
Slippage from BloFin: live order book, 24 min ago; SunX: live order book, 12 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, 24 min ago0.57 bp8.0 bp −$813.3 bp −$133doesn't fitdoesn't fit
Sell SunX live order book, 12 min ago45.26 bp64.4 bp −$64doesn't fitdoesn'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−0.0232%1h965.50+0.286%$111K$195K10xas long as short
Aster LITEUSDT0.0000%8h959.84−0.302%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h958.58−0.433%$1.9M$1.6M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h958.72−0.419%$3.8M$17.7M25xas long as short
Gate LITE_USDT0.0000%8h958.81−0.409%$8.0M$5.9M50xas long as short
Bitget LITEUSDT0.0000%8h958.60−0.431%$2.8M$2.8M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h959.74−0.313%$326$194K10xas long as short
SunX LITE-USDTshort0.0000%8h958.30−0.462%$586$3.9M10x
HTX LITE-USDT0.0000%8h958.65−0.426%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h958.81−0.409%$1.5M$683K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LITE-USDTlong+0.0023%8h962.75long leg$227K$236K20x
QFEX LITE-USD+0.0028%1h958.42−0.450%$1.1M$5.1M10xas long as short
Lighter LITE+0.0032%1h958.11−0.482%$27K$101K10xas long as short
Vest LITE-USD-PERP+0.0046%1h957.66−0.529%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h958.51−0.440%$75K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h958.17−0.476%$23K$10K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h957.90−0.504%$168K$163K10xas long as short
KuCoin LITEUSDTM+0.0100%8h958.54−0.437%$519K$39K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h959.34−0.354%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h958.52−0.439%$932$3K10xas long as short
Aevo LITE-PERP+0.0104%1h958.52−0.439%10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0115%1h958.15−0.478%$19K$37K10xas long as short
edgeX LITEUSDC+0.0170%4h959.42−0.346%$70K$454K10xas long as short
tradeXYZ xyz:LITE+0.0204%1h958.57−0.434%$7.2M$5.1M10xas long as short
Variational Omni LITE+0.0207%8h960.81−0.202%$241K$122Kas long as short
Binance LITEUSDT+0.0312%8h958.70−0.421%$13.8M$43.9M25xas long as short
Extended LITE-USD+0.0320%1h958.01−0.493%$10K$202K10xas long as short