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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h −0.022%
Price spread now: QFEX against KuCoin−0.092%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2122.120% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.102%−$10 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.092%, 7d avg +0.018%
Together, before fees−0.060%−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and QFEX is 0.110% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LITEUSDTM937.900.0100pay 0.0100% / 8h7h 35m$515K$85K20x
ShortQFEX LITE-USD937.040.0014get 0.0002% / 1h35m 16s$1.1M$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$17.98
Price spread: −0.092% → +0.018%
−$10.98
Slippage, 4 orders
−$190.01
Fee KuCoin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$240.97
Costs to cover
2.120%
Break-even
never at this rate
Slippage from KuCoin: live order book, 59 min ago; QFEX: live order book, 3 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, 59 min ago17.24 bp101.0 bp −$101doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago1.65 bp7.0 bp −$712.4 bp −$124doesn'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−0.0358%1h936.66−0.132%$18K$41K10xas long as short
Coinbase International LITE-PERP-INTX−0.0112%1h946.24+0.889%$93K$215K10xas long as short
Bitget LITEUSDT−0.0079%8h936.64−0.134%$2.6M$3.1M20xas long as short
Aster LITEUSDT0.0000%8h938.49+0.063%$105K$30K20xas long as short
Extended LITE-USD0.0000%1h936.65−0.134%$45K$249K10xas long as short
Binance LITEUSDT0.0000%8h936.65−0.134%$12.0M$50.0M25xas long as short
Bybit LITEUSDT0.0000%8h937.36−0.058%$1.8M$2.1M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h936.95−0.101%$3.5M$18.5M25xas long as short
Gate LITE_USDT0.0000%8h937.41−0.052%$7.8M$6.4M50xas long as short
Variational Omni LITE0.0000%8h937.50−0.043%$258K$139Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h938.72+0.088%$451$191K10xas long as short
SunX LITE-USDT0.0000%8h937.30−0.064%$692$3.6M10xas long as short
HTX LITE-USDT0.0000%8h937.33−0.061%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h937.27−0.067%$1.5M$742K10xas long as short
QFEX LITE-USDshort+0.0014%1h937.04−0.092%$1.1M$3.9M10x
BloFin LITE-USDT+0.0016%8h936.79−0.118%$215K$242K20xas long as short
Lighter LITE+0.0032%1h937.13−0.082%$26K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h936.91−0.106%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h937.18−0.077%$7.6M$5.7M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h937.14−0.081%$73K$220K10xas long as short
SoDEX LITE-USD+0.0050%1h936.49−0.150%$22K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h937.61−0.031%$33K$355K10xas long as short
KuCoin LITEUSDTMlong+0.0100%8h937.90long leg$515K$85K20x
ApeX Omni LITEUSDT+0.0100%1h938.20+0.032%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h937.19−0.076%$911$3K10xas long as short
Aevo LITE-PERP+0.0104%1h937.06−0.089%10xas long as short
edgeX LITEUSDC+0.0455%4h939.51+0.172%$58K$478K10xas long as short