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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h +0.059%
Price spread now: Bitget against Coinbase International+0.171%47s7-day average +0.215% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$560.561% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.266%+$27 on $10k
Price spread, last 3 days (all we have)−0.155%−$16 · spread now +0.171%, 7d avg +0.215%
Together, before fees+0.111%+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.044% cheaper against Coinbase International than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.215%. The two prices were read 47 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-INTX958.200.0008pay 0.0001% / 1h8m 24s$115K$256K10x
ShortBitget LITEUSDT959.840get 0.0000% / 8h1h 08m$2.8M$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$1.68
Price spread: +0.171% → +0.215%
−$4.39
Slippage, 4 orders
−$34.14
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$62.21
Costs to cover
0.561%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 10 min ago; Bitget: live order book, 4 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 ago6.52 bp12.3 bp −$1221.5 bp −$215doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago1.72 bp14.2 bp −$1422.1 bp −$22153.9 bp −$5,385doesn'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
BloFin LITE-USDT−0.0015%8h959.92+0.180%$223K$235K20xas long as short
Aster LITEUSDT0.0000%8h960.05+0.193%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h959.76+0.163%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h959.84+0.171%$3.8M$18.0M25xas long as short
Gate LITE_USDT0.0000%8h960.46+0.236%$8.0M$6.3M50xas long as short
Bitget LITEUSDTshort0.0000%8h959.84+0.171%$2.8M$3.0M20x
Variational Omni LITE0.0000%8h960.00+0.187%$241K$142Kas long as short
SunX LITE-USDT0.0000%8h960.10+0.198%$578$4.2M10xas long as short
HTX LITE-USDT0.0000%8h960.45+0.235%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h960.23+0.212%$1.5M$689K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LITE-PERP-INTXlong+0.0008%1h958.20long leg$115K$256K10x
Lighter LITE+0.0032%1h960.05+0.193%$27K$102K10xas long as short
Extended LITE-USD+0.0040%1h960.03+0.191%$9K$209K10xas long as short
Binance LITEUSDT+0.0045%8h960.23+0.212%$13.8M$45.4M25xas long as short
Vest LITE-USD-PERP+0.0046%1h959.59+0.145%$3K10xas long as short
QFEX LITE-USD+0.0047%1h960.09+0.197%$1.1M$5.3M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h960.06+0.194%$30K$489K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h960.05+0.193%$175K$160K10xas long as short
KuCoin LITEUSDTM+0.0100%8h959.60+0.146%$517K$38K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h959.48+0.134%$16K$264K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h960.06+0.194%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.98+0.186%10xas long as short
SoDEX LITE-USD+0.0112%1h959.93+0.181%$23K$10K10xas long as short
GRVT LITE_USDT_Perp+0.0158%8h960.10+0.198%$710$237K10xas long as short
tradeXYZ xyz:LITE+0.0233%1h960.22+0.211%$7.2M$5.1M10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0240%1h959.92+0.180%$19K$36K10xas long as short
edgeX LITEUSDC+0.0982%4h960.02+0.190%$70K$459K10xas long as short