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 +0.052%
Price spread now: Bybit against Coinbase International+0.052%7-day average +0.221% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$580.578% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.183%+$18 on $10k
Price spread, last 3 days (all we have)−0.037%−$4 · spread now +0.052%, 7d avg +0.221%
Together, before fees+0.146%+$15 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: Bybit is 0.169% cheaper against Coinbase International than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.221%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LITE-PERP-INTX958.200.0008pay 0.0001% / 1h49m 35s$115K$321K10x
ShortBybit LITEUSDT958.700get 0.0000% / 8h1h 49m$1.9M$1.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.052% → +0.221%
−$16.86
Slippage, 4 orders
−$36.75
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$76.3
Costs to cover
0.578%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 33 min ago; Bybit: live order book, 2 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, 33 min ago9.04 bp14.7 bp −$1522.7 bp −$227doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.70 bp11.8 bp −$1279.7 bp −$797doesn'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
Deribit LITE_USDC-PERPETUAL−0.0032%1h958.69+0.051%$19K$36K10xas long as short
BloFin LITE-USDT−0.0030%8h958.66+0.048%$223K$235K20xas long as short
Aster LITEUSDT0.0000%8h958.35+0.016%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h958.72+0.054%$9K$209K10xas long as short
Binance LITEUSDT0.0000%8h958.86+0.069%$13.8M$45.3M25xas long as short
Bybit LITEUSDTshort0.0000%8h958.70+0.052%$1.9M$1.8M25x
OKX LITE-USDT-SWAP0.0000%8h959.09+0.093%$3.8M$18.0M25xas long as short
Gate LITE_USDT0.0000%8h959.33+0.118%$8.0M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h958.55+0.037%$2.8M$3.0M20xas long as short
Variational Omni LITE0.0000%8h958.62+0.044%$241K$142Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h958.42+0.023%$594$253K10xas long as short
SunX LITE-USDT0.0000%8h958.70+0.052%$613$4.2M10xas long as short
HTX LITE-USDT0.0000%8h959.08+0.092%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h959.00+0.083%$1.5M$691K10xas long as short
Coinbase International LITE-PERP-INTXlong+0.0008%1h958.20long leg$115K$321K10x
Lighter LITE+0.0032%1h958.88+0.071%$27K$102K10xas long as short
Vest LITE-USD-PERP+0.0046%1h958.44+0.025%$3K10xas long as short
QFEX LITE-USD+0.0047%1h958.67+0.049%$1.1M$5.2M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h958.93+0.076%$29K$489K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h958.85+0.068%$176K$159K10xas long as short
KuCoin LITEUSDTM+0.0100%8h958.29+0.009%$516K$38K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h959.00+0.083%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h958.83+0.066%$932$3K10xas long as short
Aevo LITE-PERP+0.0104%1h958.85+0.068%10xas long as short
tradeXYZ xyz:LITE+0.0207%1h959.09+0.093%$7.2M$5.1M10xas long as short
SoDEX LITE-USD+0.0260%1h958.78+0.061%$23K$10K10xas long as short
edgeX LITEUSDC+0.0982%4h958.66+0.048%$69K$460K10xas long as short