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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.08 per $10,000 · paid last 24h +0.054%
Price spread now: Extended against Coinbase International−0.394%7-day average +0.237% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$460.461% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.246%+$25 on $10k
Price spread, last 3 days (all we have)+0.544%+$54 · spread now −0.394%, 7d avg +0.237%
Together, before fees+0.790%+ Points / potential airdropExtended: Active · farm board+$79 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.631% cheaper against Coinbase International than usual: you would sell low and buy high (−$63 if the spread goes back to its 7-day average of +0.237%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.246%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LITE-PERP-INTX960.480.0064pay 0.0008% / 1h30m 35s$119K$335K10x
ShortExtended LITE-USD956.690get 0.0000% / 1h30m 35s$9K$209K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$13.44
Price spread: −0.394% → +0.237%
−$63.14
Slippage, 4 orders
−$31.12
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$122.7
Costs to cover
0.461%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 18 min ago; Extended: live order book, 16 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, 18 min ago6.80 bp11.9 bp −$1219.9 bp −$199doesn't fitdoesn't fit
Sell Extended live order book, 16 min ago0.94 bp10.8 bp −$11117.4 bp −$1,174doesn'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
BloFin LITE-USDT−0.0028%8h956.42−0.423%$224K$236K20xas long as short
Aster LITEUSDT0.0000%8h955.66−0.502%$107K$17K20xas long as short
Extended LITE-USDshort0.0000%1h956.69−0.394%$9K$209K10x
Binance LITEUSDT0.0000%8h956.79−0.384%$14.0M$44.4M25xas long as short
Bybit LITEUSDT0.0000%8h956.53−0.411%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h956.53−0.411%$3.8M$17.9M25xas long as short
Gate LITE_USDT0.0000%8h956.91−0.372%$7.9M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h956.31−0.434%$2.7M$3.0M20xas long as short
Variational Omni LITE0.0000%8h957.10−0.352%$235K$138Kas long as short
GRVT LITE_USDT_Perp0.0000%8h956.87−0.376%$392$258K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX LITE-USDT0.0000%8h956.60−0.404%$673$4.2M10xas long as short
HTX LITE-USDT0.0000%8h956.66−0.398%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h956.81−0.382%$1.5M$669K10xas long as short
QFEX LITE-USD+0.0022%1h956.78−0.385%$1.1M$4.9M10xas long as short
Lighter LITE+0.0032%1h956.39−0.426%$27K$103K10xas long as short
Vest LITE-USD-PERP+0.0046%1h956.09−0.457%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h956.73−0.390%$31K$485K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h956.14−0.452%$204K$121K10xas long as short
Coinbase International LITE-PERP-INTXlong+0.0064%1h960.48long leg$119K$335K10x
SoDEX LITE-USD+0.0068%1h956.46−0.419%$23K$10K10xas long as short
KuCoin LITEUSDTM+0.0100%8h955.90−0.477%$515K$38K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h955.81−0.486%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h956.58−0.406%$930$3K10xas long as short
Aevo LITE-PERP+0.0104%1h956.53−0.411%10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0189%1h956.43−0.422%$19K$35K10xas long as short
tradeXYZ xyz:LITE+0.0276%1h956.94−0.369%$7.1M$5.0M10xas long as short
edgeX LITEUSDC+0.0432%4h957.05−0.358%$68K$459K10xas long as short