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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Bybit+0.023%102s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.499% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 4 days (all we have)+0.094%+$9 · spread now +0.023%, 7d avg +0.040%
Together, before fees+0.146%+$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LITEUSDT938.160get 0.0000% / 8h7h 37m$1.8M$2.1M25x
ShortBloFin LITE-USDT938.380.0005get 0.0005% / 8h7h 37m$216K$242K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$1.12
Price spread: +0.023% → +0.040%
−$1.67
Slippage, 4 orders
−$26.86
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$50.41
Costs to cover
0.499%
Break-even
322.1 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 29 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 Bybit live order book, 4 min ago4.63 bp18.0 bp −$1884.6 bp −$846doesn't fitdoesn't fit
Sell BloFin live order book, 29 min ago1.27 bp8.5 bp −$915.9 bp −$159doesn'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−0.0112%1h946.24+0.861%$93K$215K10xas long as short
Bitget LITEUSDT−0.0080%8h937.68−0.051%$2.6M$3.1M20xas long as short
Aster LITEUSDT0.0000%8h938.97+0.087%$105K$30K20xas long as short
Extended LITE-USD0.0000%1h938.04−0.012%$45K$249K10xas long as short
Binance LITEUSDT0.0000%8h938.13−0.003%$12.0M$49.9M25xas long as short
Bybit LITEUSDTlong0.0000%8h938.16long leg$1.8M$2.1M25x
OKX LITE-USDT-SWAP0.0000%8h938.52+0.038%$3.5M$18.5M25xas long as short
Gate LITE_USDT0.0000%8h938.67+0.054%$7.8M$6.4M50xas long as short
Variational Omni LITE0.0000%8h939.61+0.155%$258K$139Kas long as short
GRVT LITE_USDT_Perp0.0000%8h938.72+0.060%$451$191K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX LITE-USDT0.0000%8h937.80−0.038%$789$3.6M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h937.68−0.051%$18K$41K10xas long as short
HTX LITE-USDT0.0000%8h938.62+0.049%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h939.42+0.134%$1.5M$742K10xas long as short
BloFin LITE-USDTshort+0.0005%8h938.38+0.023%$216K$242K20x
QFEX LITE-USD+0.0014%1h937.58−0.062%$1.1M$3.9M10xas long as short
Lighter LITE+0.0032%1h937.73−0.046%$24K$102K10xas long as short
Vest LITE-USD-PERP+0.0046%1h937.63−0.056%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h937.01−0.123%$7.6M$5.7M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h936.00−0.230%$73K$220K10xas long as short
SoDEX LITE-USD+0.0050%1h937.89−0.029%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h937.61−0.059%$33K$355K10xas long as short
KuCoin LITEUSDTM+0.0100%8h938.55+0.042%$515K$82K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h938.92+0.081%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h938.36+0.021%$912$3K10xas long as short
Aevo LITE-PERP+0.0104%1h938.19+0.003%10xas long as short
edgeX LITEUSDC+0.0455%4h939.51+0.144%$58K$478K10xas long as short