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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0252%/8h= +27.6% APRnext payment +$0.32 per $10,000 · paid last 24h +0.088%
Price spread now: ApeX Omni against Coinbase International+0.270%75s7-day average +0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$640.637% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.376%+$38 on $10k
Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.270%, 7d avg +0.227%
Together, before fees+0.215%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and ApeX Omni is 0.043% dearer against Coinbase International than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.227%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LITE-PERP-INTX957.73−0.0152get 0.0019% / 1h36m 05s$101K$203K10x
ShortApeX Omni LITEUSDT960.320.0100get 0.0013% / 1h36m 05s$16K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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
$52.92
Price spread: +0.270% → +0.227%
$4.32
Slippage, 4 orders
−$43.75
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$6.51
Costs to cover
0.637%
Break-even
7.9 days
Slippage from Coinbase International: live order book, 22 min ago; ApeX Omni: live order book, 21 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 Coinbase International live order book, 22 min ago5.73 bp11.5 bp −$1220.7 bp −$207doesn't fitdoesn't fit
Sell ApeX Omni live order book, 21 min ago9.94 bp21.0 bp −$21198.7 bp −$1,987doesn'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-INTXlong−0.0152%1h957.73long leg$101K$203K10x
BloFin LITE-USDT−0.0002%8h959.31+0.165%$224K$236K20xas long as short
QFEX LITE-USD0.0000%1h959.49+0.184%$1.1M$4.1M10xas long as short
Aster LITEUSDT0.0000%8h960.12+0.249%$108K$17K20xas long as short
Extended LITE-USD0.0000%1h959.33+0.167%$9K$211K10xas long as short
Binance LITEUSDT0.0000%8h959.59+0.194%$12.6M$46.6M25xas long as short
Bybit LITEUSDT0.0000%8h959.59+0.194%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h959.26+0.160%$3.8M$17.5M25xas long as short
Gate LITE_USDT0.0000%8h960.06+0.243%$8.1M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h959.70+0.206%$2.6M$2.9M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITE0.0000%8h959.35+0.169%$266K$147Kas long as short
GRVT LITE_USDT_Perp0.0000%8h960.21+0.258%$326$185K10xas long as short
SunX LITE-USDT0.0000%8h959.50+0.185%$600$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h959.29+0.163%$19K$38K10xas long as short
HTX LITE-USDT0.0000%8h959.61+0.196%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h960.00+0.237%$1.5M$690K10xas long as short
Lighter LITE+0.0032%1h959.47+0.182%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.51+0.186%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h959.77+0.213%$74K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h959.46+0.181%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h960.72+0.312%$48K$292K10xas long as short
KuCoin LITEUSDTM+0.0100%8h959.20+0.153%$526K$42K20xas long as short
ApeX Omni LITEUSDTshort+0.0100%1h960.32+0.270%$16K$266K50x
Orderly PERP_LITE_USDC_mythos+0.0100%8h959.43+0.178%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.21+0.155%10xas long as short
tradeXYZ xyz:LITE+0.0126%1h960.01+0.238%$7.2M$5.4M10xas long as short
edgeX LITEUSDC+0.0631%4h959.81+0.217%$70K$451K10xas long as short