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

LITE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0241%/8h= +26.4% APRpaid last 24h +0.059%
Price spread now: tradeXYZ against Gate−0.016%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$570.569% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 7 days−0.156%−$16 · spread now −0.016%, 7d avg −0.122%
Together, before fees−0.078%+ Points / potential airdroptradeXYZ: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and tradeXYZ is 0.107% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.122%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LITE_USDT949.330get 0.0000% / 8h32m 25s$8.0M$6.5M50x
ShorttradeXYZ xyz:LITE949.180.0241get 0.0030% / 1h32m 25s$7.7M$6.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$50.7
Price spread: −0.016% → −0.122%
$10.67
Slippage, 4 orders
−$23.94
Fee Gate: 7.5 bp × 2 orders
−$15
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$4.43
Costs to cover
0.569%
Break-even
6.4 days
Slippage from Gate: live order book, 1 min ago; tradeXYZ: live order book, 6 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, 1 min ago4.26 bp15.9 bp −$1640.6 bp −$40667.8 bp −$6,784doesn't fit
Sell tradeXYZ live order book, 6 min ago1.21 bp10.5 bp −$11doesn'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−0.0120%1h947.41−0.202%$94K$214K10xas long as short
Bitget LITEUSDT−0.0118%8h948.87−0.048%$2.6M$3.1M20xas long as short
BloFin LITE-USDT−0.0004%8h949.14−0.020%$217K$242K20xas long as short
Aster LITEUSDT0.0000%8h949.17−0.017%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h948.71−0.065%$49K$252K10xas long as short
Binance LITEUSDT0.0000%8h948.89−0.046%$12.1M$49.4M25xas long as short
Bybit LITEUSDT0.0000%8h949.01−0.034%$1.8M$2.0M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h949.09−0.025%$3.6M$18.6M25xas long as short
Gate LITE_USDTlong0.0000%8h949.33long leg$8.0M$6.5M50x
Variational Omni LITE0.0000%8h949.77+0.046%$261K$140Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h949.94+0.064%$969$194K10xas long as short
SunX LITE-USDT0.0000%8h948.90−0.045%$629$3.7M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h948.70−0.066%$18K$41K10xas long as short
HTX LITE-USDT0.0000%8h949.76+0.045%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h949.23−0.011%$1.5M$737K10xas long as short
QFEX LITE-USD+0.0002%1h948.47−0.091%$1.1M$3.7M10xas long as short
Lighter LITE+0.0032%1h948.96−0.039%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h948.30−0.108%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h948.93−0.042%$74K$229K10xas long as short
SoDEX LITE-USD+0.0050%1h948.81−0.055%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h948.04−0.136%$32K$352K10xas long as short
KuCoin LITEUSDTM+0.0100%8h948.86−0.050%$520K$44K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h949.44+0.012%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h948.89−0.046%$922$3K10xas long as short
Aevo LITE-PERP+0.0104%1h948.74−0.063%10xas long as short
tradeXYZ xyz:LITEshort+0.0241%1h949.18−0.016%$7.7M$6.0M10x
edgeX LITEUSDC+0.0991%4h949.90+0.060%$64K$473K10xas long as short