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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0228%/8h= +24.9% APRpaid last 24h +0.056%
Price spread now: BloFin against Coinbase International−0.909%58s7-day average +0.254% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.259%+$26 on $10k
Price spread, last 4 days (all we have)+0.982%+$98 · spread now −0.909%, 7d avg +0.254%
Together, before fees+1.241%+$124 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 1.163% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.909% now, against its 7-day average of +0.254%). If the spread goes back, that is −$116 on $10k: about 17 days of funding at the current rate (+$7 a day). The two prices were read 58 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-INTX957.73−0.0224get 0.0028% / 1h15m 49s$101K$203K10x
ShortBloFin LITE-USDT949.020.0004get 0.0004% / 8h3h 15m$221K$234K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$47.78
Price spread: −0.909% → +0.254%
−$116.33
Slippage, 4 orders
−$19.35
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$109.9
Costs to cover
0.414%
Break-even
23.1 days
Slippage from Coinbase International: live order book, 37 min ago; BloFin: live order book, 5 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, 37 min ago3.40 bp9.9 bp −$1018.6 bp −$186doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.53 bp9.5 bp −$1013.7 bp −$137doesn'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−0.0224%1h957.73long leg$101K$203K10x
Bitget LITEUSDT−0.0191%8h949.09−0.902%$2.6M$3.0M20xas long as short
QFEX LITE-USD−0.0002%1h949.18−0.893%$1.1M$3.5M10xas long as short
Aster LITEUSDT0.0000%8h949.85−0.823%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h949.23−0.887%$18K$209K10xas long as short
Binance LITEUSDT0.0000%8h949.19−0.892%$12.3M$47.2M25xas long as short
Bybit LITEUSDT0.0000%8h949.51−0.858%$1.8M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h949.44−0.866%$3.7M$17.5M25xas long as short
Gate LITE_USDT0.0000%8h949.79−0.829%$7.9M$6.3M50xas long as short
Variational Omni LITE0.0000%8h949.38−0.871%$260K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h949.58−0.851%$304$184K10xas long as short
SunX LITE-USDT0.0000%8h949.90−0.818%$611$3.8M10xas long as short
HTX LITE-USDT0.0000%8h947.62−1.056%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h949.43−0.867%$1.5M$702K10xas long as short
BloFin LITE-USDTshort+0.0004%8h949.02−0.909%$221K$234K20x
Lighter LITE+0.0032%1h949.42−0.868%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h948.72−0.941%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h949.37−0.873%$7.2M$5.6M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h949.35−0.875%$73K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h948.71−0.942%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h949.00−0.912%$34K$314K10xas long as short
edgeX LITEUSDC+0.0072%4h949.99−0.808%$64K$456K10xas long as short
KuCoin LITEUSDTM+0.0100%8h948.98−0.914%$522K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h947.97−1.019%$16K$267K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h948.73−0.940%$922$3K10xas long as short
Aevo LITE-PERP+0.0104%1h948.42−0.972%10xas long as short
Deribit LITE_USDC-PERPETUAL+0.1132%1h949.16−0.895%$18K$39K10xas long as short