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

LITE

RWAall LITE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0176%/8h= +19.2% APRpaid last 24h +0.052%
Price spread now: tradeXYZ against Phemex+0.001%7-day average −0.108% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.106%+$11 on $10k
Price spread, last 3 days (all we have)−0.055%−$5 · spread now +0.001%, 7d avg −0.108%
Together, before fees+0.051%+ Points / potential airdroptradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.109% dearer against Phemex than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.108%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex LITEUSDT956.550get 0.0000% / 8h6h 13m$1.5M$683K10x
ShorttradeXYZ xyz:LITE956.560.0176get 0.0022% / 1h13m 02s$7.2M$5.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Phemex. 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
$36.87
Price spread: +0.001% → −0.108%
$10.88
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$17.75
Costs to cover
0.300%
Break-even
3.6 days
Slippage unknown: Phemex: live order book, 5 min ago; tradeXYZ: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 5 min ago4.32 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 5 min ago1.20 bp14.2 bp −$14doesn't fitdoesn't fitdoesn't fit

LITE on 26 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−0.0232%1h953.57−0.312%$110K$194K10xas long as short
Aster LITEUSDT0.0000%8h958.71+0.226%$107K$17K20xas long as short
Bybit LITEUSDT0.0000%8h956.52−0.003%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h956.22−0.034%$3.8M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h956.64+0.009%$8.0M$6.0M50xas long as short
Bitget LITEUSDT0.0000%8h956.46−0.009%$2.7M$2.9M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h960.15+0.376%$759$190K10xas long as short
SunX LITE-USDT0.0000%8h960.00+0.361%$894$3.9M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h956.28−0.028%$18K$37K10xas long as short
HTX LITE-USDT0.0000%8h957.40+0.089%$7K$32K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex LITEUSDTlong0.0000%8h956.55long leg$1.5M$683K10x
QFEX LITE-USD+0.0028%1h959.78+0.338%$1.1M$5.0M10xas long as short
Lighter LITE+0.0032%1h956.35−0.021%$27K$101K10xas long as short
Vest LITE-USD-PERP+0.0046%1h957.64+0.114%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h956.43−0.013%$75K$228K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h959.64+0.323%$167K$166K10xas long as short
SoDEX LITE-USD+0.0051%1h956.27−0.029%$23K$10K10xas long as short
KuCoin LITEUSDTM+0.0100%8h956.68+0.014%$518K$39K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h960.25+0.387%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h957.95+0.146%$931$3K10xas long as short
Aevo LITE-PERP+0.0104%1h957.70+0.121%10xas long as short
Variational Omni LITE+0.0154%8h960.29+0.391%$266K$147Kas long as short
tradeXYZ xyz:LITEshort+0.0176%1h956.56+0.001%$7.2M$5.3M10x
Extended LITE-USD+0.0264%1h956.23−0.034%$9K$203K10xas long as short
Binance LITEUSDT+0.0265%8h956.47−0.008%$13.7M$45.3M25xas long as short
edgeX LITEUSDC+0.0826%4h960.23+0.384%$70K$456K10xas long as short