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: Coinbase International against Gate−0.118%7-day average −0.270% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$590.591% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.187%−$19 on $10k
Price spread, last 3 days (all we have)+0.032%+$3 · spread now −0.118%, 7d avg −0.270%
Together, before fees−0.155%−$16 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: Coinbase International is 0.152% dearer against Gate than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.270%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LITE_USDT959.330get 0.0000% / 8h1h 49m$8.0M$6.3M50x
ShortCoinbase International LITE-PERP-INTX958.200.0008get 0.0001% / 1h49m 25s$115K$321K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Gate. 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: −0.118% → −0.270%
$15.19
Slippage, 4 orders
−$34.14
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$42.27
Costs to cover
0.591%
Break-even
183.1 days
Slippage from Gate: live order book, 4 min ago; Coinbase International: live order book, 34 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 Gate live order book, 4 min ago4.22 bp16.7 bp −$1743.6 bp −$43664.2 bp −$6,416doesn't fit
Sell Coinbase International live order book, 34 min ago9.04 bp14.7 bp −$1524.8 bp −$248doesn'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%1h958.69−0.067%$19K$36K10xas long as short
BloFin LITE-USDT−0.0030%8h958.66−0.070%$223K$235K20xas long as short
Aster LITEUSDT0.0000%8h958.34−0.103%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h958.72−0.064%$9K$209K10xas long as short
Binance LITEUSDT0.0000%8h958.81−0.054%$13.8M$45.3M25xas long as short
Bybit LITEUSDT0.0000%8h958.66−0.070%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h958.95−0.040%$3.8M$18.0M25xas long as short
Gate LITE_USDTlong0.0000%8h959.33long leg$8.0M$6.3M50x
Bitget LITEUSDT0.0000%8h958.53−0.083%$2.8M$3.0M20xas long as short
Variational Omni LITE0.0000%8h958.62−0.074%$241K$142Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h958.75−0.060%$594$253K10xas long as short
SunX LITE-USDT0.0000%8h958.70−0.066%$613$4.2M10xas long as short
HTX LITE-USDT0.0000%8h959.08−0.026%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h959.00−0.034%$1.5M$691K10xas long as short
Coinbase International LITE-PERP-INTXshort+0.0008%1h958.20−0.118%$115K$321K10x
Lighter LITE+0.0032%1h958.88−0.047%$27K$102K10xas long as short
Vest LITE-USD-PERP+0.0046%1h958.44−0.093%$3K10xas long as short
QFEX LITE-USD+0.0047%1h958.67−0.069%$1.1M$5.2M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h958.96−0.039%$29K$489K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h958.85−0.050%$176K$159K10xas long as short
KuCoin LITEUSDTM+0.0100%8h958.29−0.108%$516K$38K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h959.00−0.034%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h958.83−0.052%$932$3K10xas long as short
Aevo LITE-PERP+0.0104%1h958.85−0.050%10xas long as short
tradeXYZ xyz:LITE+0.0199%1h959.09−0.025%$7.2M$5.1M10xas long as short
SoDEX LITE-USD+0.0260%1h958.78−0.057%$23K$10K10xas long as short
edgeX LITEUSDC+0.0982%4h958.66−0.070%$69K$460K10xas long as short