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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against KuCoin−0.005%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$319as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$2982.982% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.005%, 7d avg +0.021%
Together, before fees−0.222%−$22 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 SunX is 0.026% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LITEUSDTM946.750.0100pay 0.0100% / 8h2h 09m$520K$43K20x
ShortSunX LITE-USDT946.700get 0.0000% / 8h2h 09m$566$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$21
Price spread: −0.005% → +0.021%
−$2.61
Slippage, 4 orders
−$278.23
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$321.84
Costs to cover
2.982%
Break-even
never at this rate
Slippage from KuCoin: live order book, 49 min ago; SunX: live order book, 8 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, 49 min ago16.29 bp98.1 bp −$98doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 8 min ago45.58 bp64.7 bp −$65doesn'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
Bitget LITEUSDT−0.0760%8h947.41+0.070%$2.6M$3.1M20xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h941.39−0.566%$95K$208K10xas long as short
QFEX LITE-USD0.0000%1h946.15−0.063%$1.1M$3.5M10xas long as short
Aster LITEUSDT0.0000%8h947.90+0.122%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h947.51+0.080%$14K$215K10xas long as short
Binance LITEUSDT0.0000%8h947.90+0.122%$12.2M$48.9M25xas long as short
Bybit LITEUSDT0.0000%8h947.56+0.086%$1.8M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h948.14+0.147%$3.6M$18.1M25xas long as short
Gate LITE_USDT0.0000%8h948.27+0.161%$7.9M$6.5M50xas long as short
Variational Omni LITE0.0000%8h946.50−0.026%$260K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h943.26−0.369%$679$194K10xas long as short
SunX LITE-USDTshort0.0000%8h946.70−0.005%$566$3.8M10x
HTX LITE-USDT0.0000%8h947.43+0.072%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h947.97+0.129%$1.5M$713K10xas long as short
BloFin LITE-USDT+0.0030%8h947.10+0.037%$218K$237K20xas long as short
Lighter LITE+0.0032%1h946.90+0.016%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h945.55−0.127%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h947.01+0.027%$73K$228K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h945.71−0.110%$32K$341K10xas long as short
KuCoin LITEUSDTMlong+0.0100%8h946.75long leg$520K$43K20x
ApeX Omni LITEUSDT+0.0100%1h945.30−0.153%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h947.02+0.029%$921$3K10xas long as short
Aevo LITE-PERP+0.0104%1h946.77+0.002%10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0130%1h946.89+0.015%$18K$40K10xas long as short
SoDEX LITE-USD+0.0151%1h946.80+0.005%$23K$9K10xas long as short
tradeXYZ xyz:LITE+0.0168%1h947.38+0.067%$7.5M$5.8M10xas long as short
edgeX LITEUSDC+0.0711%4h944.94−0.191%$61K$468K10xas long as short