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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0144%/8h= +15.8% APRpaid last 24h +0.056%
Price spread now: Aster against Coinbase International+0.327%7-day average +0.269% · you sell dearer than you buy
Net, funding: paid 7d − costs−$385as in the Funding arb table
Net, price: spread back to 7d avg − costs−$395as in the Price arb table
costs, in and out, $10k−$4004.004% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.154%+$15 on $10k
Price spread, last 3 days (all we have)−0.230%−$23 · spread now +0.327%, 7d avg +0.269%
Together, before fees−0.076%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.058% dearer against Coinbase International than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.269%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LITE-PERP-INTX956.17−0.0144get 0.0018% / 1h53m 09s$107K$197K10x
ShortAster LITEUSDT959.300get 0.0000% / 8h5h 53m$107K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$30.24
Price spread: +0.327% → +0.269%
$5.81
Slippage, 4 orders
−$382.44
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$364.39
Costs to cover
4.004%
Break-even
91.3 days
Slippage from Coinbase International: live order book, 10 min ago; Aster: live order book, 8 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, 10 min ago7.21 bp12.2 bp −$1221.7 bp −$217doesn't fitdoesn't fit
Sell Aster live order book, 8 min ago80.21 bp88.1 bp −$88doesn't fitdoesn't fitdoesn't fit

LITE on 26 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−0.0144%1h956.17long leg$107K$197K10x
Aster LITEUSDTshort0.0000%8h959.30+0.327%$107K$17K20x
Bybit LITEUSDT0.0000%8h959.17+0.314%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h958.82+0.277%$3.8M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h959.38+0.336%$8.0M$6.2M50xas long as short
Bitget LITEUSDT0.0000%8h958.66+0.260%$2.6M$3.0M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h958.70+0.265%$307$189K10xas long as short
SunX LITE-USDT0.0000%8h958.90+0.286%$921$3.8M10xas long as short
HTX LITE-USDT0.0000%8h959.69+0.368%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h959.18+0.315%$1.5M$683K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USD+0.0008%1h958.80+0.275%$1.1M$4.9M10xas long as short
Lighter LITE+0.0032%1h958.77+0.272%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h958.74+0.269%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h958.90+0.286%$74K$228K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h958.10+0.202%$96K$244K10xas long as short
KuCoin LITEUSDTM+0.0100%8h958.21+0.213%$525K$42K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h958.66+0.260%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h958.79+0.274%$932$3K10xas long as short
Aevo LITE-PERP+0.0104%1h958.75+0.270%10xas long as short
Variational Omni LITE+0.0113%8h959.06+0.302%$266K$147Kas long as short
Deribit LITE_USDC-PERPETUAL+0.0157%1h958.75+0.270%$19K$37K10xas long as short
Extended LITE-USD+0.0208%1h958.62+0.256%$13K$203K10xas long as short
Binance LITEUSDT+0.0211%8h958.88+0.284%$12.8M$46.5M25xas long as short
SoDEX LITE-USD+0.0261%1h958.91+0.287%$23K$9K10xas long as short
tradeXYZ xyz:LITE+0.0312%1h958.81+0.276%$7.1M$5.4M10xas long as short
edgeX LITEUSDC+0.0705%4h958.67+0.261%$69K$454K10xas long as short