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

LITE

RWAall LITE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0374%/8h= +41.0% APRpaid last 24h +0.110%
Price spread now: edgeX against Bybit−0.089%71s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$640.638% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.242%+$24 on $10k
Price spread, last 4 days (all we have)+0.256%+$26 · spread now −0.089%, 7d avg +0.028%
Together, before fees+0.498%+ Points / potential airdropedgeX: Active · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.117% cheaper against Bybit than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of +0.028%). If the spread goes back, that is −$12 on $10k: about 25 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.242% in total) that is about 3.4 days. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.242% in total (about 12.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LITEUSDT943.650get 0.0000% / 8h1h 42m$1.8M$1.8M25x
ShortedgeX LITEUSDC942.810.0374get 0.0187% / 4h1h 42m$60K$472K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$78.56
Price spread: −0.089% → +0.028%
−$11.74
Slippage, 4 orders
−$43.76
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$3.06
Costs to cover
0.638%
Break-even
6.7 days
Slippage from Bybit: live order book, 4 min ago; edgeX: live order book, 1 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 ago3.39 bp15.4 bp −$1586.2 bp −$862doesn't fitdoesn't fit
Sell edgeX live order book, 1 min ago2.76 bp7.5 bp −$79.9 bp −$99doesn'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−0.0667%8h943.40−0.026%$2.6M$3.1M20xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h946.65+0.318%$92K$212K10xas long as short
Aster LITEUSDT0.0000%8h943.46−0.020%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h942.97−0.072%$14K$220K10xas long as short
Binance LITEUSDT0.0000%8h943.54−0.012%$12.1M$49.2M25xas long as short
Bybit LITEUSDTlong0.0000%8h943.65long leg$1.8M$1.8M25x
OKX LITE-USDT-SWAP0.0000%8h943.91+0.028%$3.6M$18.2M25xas long as short
Gate LITE_USDT0.0000%8h944.27+0.066%$7.9M$6.4M50xas long as short
Variational Omni LITE0.0000%8h942.46−0.126%$259K$154Kas long as short
GRVT LITE_USDT_Perp0.0000%8h942.09−0.165%$499$194K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX LITE-USDT0.0000%8h943.70+0.005%$583$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h943.40−0.026%$18K$40K10xas long as short
HTX LITE-USDT0.0000%8h942.94−0.075%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h943.91+0.028%$1.5M$723K10xas long as short
QFEX LITE-USD+0.0012%1h943.48−0.018%$1.1M$3.5M10xas long as short
BloFin LITE-USDT+0.0019%8h943.58−0.007%$217K$237K20xas long as short
Lighter LITE+0.0032%1h943.15−0.053%$24K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h943.02−0.067%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h943.71+0.006%$73K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h943.13−0.055%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h943.29−0.038%$32K$347K10xas long as short
tradeXYZ xyz:LITE+0.0097%1h943.78+0.014%$7.5M$5.8M10xas long as short
KuCoin LITEUSDTM+0.0100%8h943.32−0.035%$518K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h942.32−0.141%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h943.19−0.049%$917$3K10xas long as short
Aevo LITE-PERP+0.0104%1h943.23−0.044%10xas long as short
edgeX LITEUSDCshort+0.0374%4h942.81−0.089%$60K$472K10x