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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate+0.107%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2332.326% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.184%+$18 on $10k
Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.107%, 7d avg −0.043%
Together, before fees+0.074%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.150% dearer against Gate than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LITE_USDT937.470get 0.0000% / 8h7h 36m$7.8M$6.4M50x
ShortKuCoin LITEUSDTM938.470.0100get 0.0100% / 8h7h 36m$515K$84K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.107% → −0.043%
$15
Slippage, 4 orders
−$205.57
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$196.57
Costs to cover
2.326%
Break-even
72.5 days
Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 58 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, 2 min ago1.54 bp21.9 bp −$2246.3 bp −$46361.4 bp −$6,139doesn't fit
Sell KuCoin live order book, 58 min ago17.24 bp95.4 bp −$95doesn't fitdoesn'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-INTX−0.0112%1h946.24+0.935%$93K$215K10xas long as short
Deribit LITE_USDC-PERPETUAL−0.0091%1h937.01−0.049%$18K$41K10xas long as short
Bitget LITEUSDT−0.0078%8h937.17−0.032%$2.6M$3.1M20xas long as short
Aster LITEUSDT0.0000%8h938.86+0.148%$105K$30K20xas long as short
Extended LITE-USD0.0000%1h937.10−0.039%$45K$249K10xas long as short
Binance LITEUSDT0.0000%8h937.42−0.005%$12.0M$49.9M25xas long as short
Bybit LITEUSDT0.0000%8h937.64+0.018%$1.8M$2.1M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h936.88−0.063%$3.5M$18.5M25xas long as short
Gate LITE_USDTlong0.0000%8h937.47long leg$7.8M$6.4M50x
Variational Omni LITE0.0000%8h939.61+0.228%$258K$139Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h938.72+0.134%$451$191K10xas long as short
SunX LITE-USDT0.0000%8h937.00−0.050%$844$3.6M10xas long as short
HTX LITE-USDT0.0000%8h938.62+0.123%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h939.50+0.217%$1.5M$742K10xas long as short
BloFin LITE-USDT+0.0011%8h938.29+0.087%$215K$243K20xas long as short
QFEX LITE-USD+0.0014%1h936.44−0.110%$1.1M$3.9M10xas long as short
Lighter LITE+0.0032%1h937.49+0.002%$24K$102K10xas long as short
Vest LITE-USD-PERP+0.0046%1h936.92−0.059%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h937.45−0.002%$7.6M$5.7M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h937.45−0.002%$73K$220K10xas long as short
SoDEX LITE-USD+0.0050%1h937.42−0.005%$22K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h937.61+0.015%$33K$355K10xas long as short
KuCoin LITEUSDTMshort+0.0100%8h938.47+0.107%$515K$84K20x
ApeX Omni LITEUSDT+0.0100%1h938.92+0.155%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h937.77+0.032%$912$3K10xas long as short
Aevo LITE-PERP+0.0104%1h937.67+0.021%10xas long as short
edgeX LITEUSDC+0.0455%4h939.51+0.218%$58K$478K10xas long as short