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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0184%/8h= +20.1% APRpaid last 24h +0.034%
Price spread now: Lighter against OKX+0.011%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$210.210% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.305%+$31 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.011%, 7d avg −0.009%
Together, before fees+0.324%+ Points / potential airdropLighter: Season 3 · farm board+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.021% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LITE-USDT-SWAP960.630get 0.0000% / 8h36m 26s$3.8M$18.0M25x
ShortLighter LITE960.740.0184get 0.0023% / 1h36m 26s$27K$102K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against OKX. 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
$38.64
Price spread: +0.011% → −0.009%
$2.07
Slippage, 4 orders
−$10.98
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$19.74
Costs to cover
0.210%
Break-even
3.4 days
Slippage from OKX: live order book, 2 min ago; Lighter: live order book, 23 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 OKX live order book, 2 min ago0.05 bp8.9 bp −$914.7 bp −$147doesn't fitdoesn't fit
Sell Lighter live order book, 23 min ago0.94 bp2.1 bp −$24.6 bp −$46doesn'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−0.0064%1h958.20−0.253%$115K$232K10xas long as short
BloFin LITE-USDT−0.0019%8h961.07+0.046%$223K$235K20xas long as short
Aster LITEUSDT0.0000%8h960.42−0.022%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h960.43−0.021%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAPlong0.0000%8h960.63long leg$3.8M$18.0M25x
Gate LITE_USDT0.0000%8h961.17+0.056%$8.0M$6.2M50xas long as short
Bitget LITEUSDT0.0000%8h960.24−0.041%$2.8M$3.1M20xas long as short
SunX LITE-USDT0.0000%8h960.50−0.014%$600$4.2M10xas long as short
HTX LITE-USDT0.0000%8h961.15+0.054%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h961.18+0.057%$1.5M$685K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USD+0.0033%1h960.40−0.024%$1.1M$5.3M10xas long as short
Vest LITE-USD-PERP+0.0046%1h960.42−0.022%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h960.40−0.024%$30K$489K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h960.43−0.021%$175K$160K10xas long as short
KuCoin LITEUSDTM+0.0100%8h960.21−0.044%$517K$38K20xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h960.55−0.008%$934$3K10xas long as short
Aevo LITE-PERP+0.0104%1h960.62−0.001%10xas long as short
Variational Omni LITE+0.0141%8h960.68+0.005%$241K$142Kas long as short
Lighter LITEshort+0.0184%1h960.74+0.011%$27K$102K10x
SoDEX LITE-USD+0.0226%1h960.54−0.009%$23K$10K10xas long as short
Extended LITE-USD+0.0256%1h960.45−0.019%$9K$209K10xas long as short
Binance LITEUSDT+0.0258%8h960.61−0.002%$13.8M$45.1M25xas long as short
GRVT LITE_USDT_Perp+0.0352%8h960.57−0.006%$932$234K10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0490%1h960.65+0.002%$19K$37K10xas long as short
tradeXYZ xyz:LITE+0.0492%1h961.11+0.050%$7.2M$5.1M10xas long as short
ApeX Omni LITEUSDT+0.0518%1h959.85−0.081%$16K$265K50xas long as short
edgeX LITEUSDC+0.0942%4h960.56−0.007%$70K$459K10xas long as short