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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.065%
Price spread now: Coinbase International against KuCoin−0.087%7-day average −0.206% · you buy dearer than you sell
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2242.239% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.377%−$38 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.087%, 7d avg −0.206%
Together, before fees−0.364%−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.119% dearer against KuCoin than usual: you sell high and buy low (spread −0.087% now, against its 7-day average of −0.206%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 43 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LITEUSDTM947.060.0100pay 0.0100% / 8h7m 10s$520K$51K20x
ShortCoinbase International LITE-PERP-INTX946.24−0.0120pay 0.0015% / 1h7m 10s$93K$215K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against KuCoin. 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
−$46.2
Price spread: −0.087% → −0.206%
$11.94
Slippage, 4 orders
−$201.86
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$258.12
Costs to cover
2.239%
Break-even
never at this rate
Slippage from KuCoin: live order book, 27 min ago; Coinbase International: live order book, 31 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 KuCoin live order book, 27 min ago17.24 bp101.0 bp −$101doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 31 min ago7.58 bp12.6 bp −$1319.3 bp −$193doesn'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-INTXshort−0.0120%1h946.24−0.087%$93K$215K10x
Bitget LITEUSDT−0.0106%8h947.47+0.043%$2.6M$3.1M20xas long as short
BloFin LITE-USDT−0.0027%8h946.88−0.019%$216K$243K20xas long as short
Aster LITEUSDT0.0000%8h948.30+0.131%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h947.060.000%$49K$247K10xas long as short
Binance LITEUSDT0.0000%8h947.43+0.039%$12.1M$49.4M25xas long as short
Bybit LITEUSDT0.0000%8h947.39+0.035%$1.8M$2.0M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h946.91−0.016%$3.6M$18.6M25xas long as short
Gate LITE_USDT0.0000%8h947.82+0.080%$8.0M$6.5M50xas long as short
Variational Omni LITE0.0000%8h947.49+0.045%$260K$140Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h947.69+0.067%$1K$194K10xas long as short
SunX LITE-USDT0.0000%8h947.30+0.025%$719$3.7M10xas long as short
HTX LITE-USDT0.0000%8h947.68+0.065%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h947.80+0.078%$1.5M$742K10xas long as short
QFEX LITE-USD+0.0002%1h947.37+0.033%$1.1M$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0003%1h947.25+0.020%$18K$41K10xas long as short
Lighter LITE+0.0032%1h947.21+0.016%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h946.88−0.019%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h947.44+0.040%$73K$229K10xas long as short
SoDEX LITE-USD+0.0050%1h947.38+0.034%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h947.38+0.034%$32K$353K10xas long as short
KuCoin LITEUSDTMlong+0.0100%8h947.06long leg$520K$51K20x
ApeX Omni LITEUSDT+0.0100%1h946.95−0.012%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h947.12+0.006%$921$3K10xas long as short
Aevo LITE-PERP+0.0104%1h947.02−0.004%10xas long as short
tradeXYZ xyz:LITE+0.0218%1h947.49+0.045%$7.7M$5.7M10xas long as short
edgeX LITEUSDC+0.0496%4h947.04−0.003%$63K$472K10xas long as short