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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0040%/8h= −4.3% APRpaid last 24h −0.017%
Price spread now: Bitget against QFEX−0.049%56s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.477% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.022%−$2 on $10k
Price spread, last 7 days+0.093%+$9 · spread now −0.049%, 7d avg +0.013%
Together, before fees+0.071%+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.063% cheaper against QFEX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.013%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX LITE-USD949.600.0040pay 0.0005% / 1h48m 46s$1.1M$3.7M10x
ShortBitget LITEUSDT949.130get 0.0000% / 8h5h 48m$2.6M$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against QFEX. 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
−$8.3
Price spread: −0.049% → +0.013%
−$6.27
Slippage, 4 orders
−$25.73
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$62.31
Costs to cover
0.477%
Break-even
never at this rate
Slippage from QFEX: live order book, 3 min ago; Bitget: live order book, 2 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 QFEX live order book, 3 min ago1.42 bp8.7 bp −$916.6 bp −$166doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.26 bp16.1 bp −$1626.0 bp −$26061.9 bp −$6,187doesn't fit

LITE on 27 exchanges

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−0.0056%1h950.35+0.079%$122K$171K10xas long as short
Aster LITEUSDT0.0000%8h947.97−0.172%$106K$30K20xas long as short
Extended LITE-USD0.0000%1h949.25−0.037%$46K$250K10xas long as short
Binance LITEUSDT0.0000%8h949.38−0.023%$12.1M$51.6M25xas long as short
Bybit LITEUSDT0.0000%8h949.52−0.008%$1.8M$2.1M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h949.44−0.017%$3.5M$19.0M25xas long as short
Bitget LITEUSDTshort0.0000%8h949.13−0.049%$2.6M$3.4M20x
Variational Omni LITE0.0000%8h949.13−0.050%$260K$129Kas long as short
SunX LITE-USDT0.0000%8h950.10+0.053%$983$3.5M10xas long as short
HTX LITE-USDT0.0000%8h950.36+0.080%$7K$30K20xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex LITEUSDT0.0000%8h950.37+0.081%$1.5M$748K10xas long as short
BloFin LITE-USDT+0.0013%8h950.13+0.056%$216K$257K20xas long as short
Deribit LITE_USDC-PERPETUAL+0.0013%1h949.69+0.009%$18K$41K10xas long as short
QFEX LITE-USDlong+0.0040%1h949.60long leg$1.1M$3.7M10x
Vest LITE-USD-PERP+0.0046%1h949.67+0.007%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h949.64+0.004%$73K$224K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h949.25−0.037%$32K$363K10xas long as short
Lighter LITE+0.0072%1h949.23−0.039%$26K$102K10xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h949.86+0.027%$923$3K10xas long as short
KuCoin LITEUSDTM+0.0100%8h948.59−0.106%$519K$203K20xas long as short
Aevo LITE-PERP+0.0104%1h949.92+0.034%10xas long as short
Gate LITE_USDT+0.0110%8h950.02+0.044%$8.0M$6.6M50xas long as short
ApeX Omni LITEUSDT+0.0134%1h950.78+0.124%$16K$268K50xas long as short
tradeXYZ xyz:LITE+0.0139%1h949.56−0.004%$7.7M$5.6M10xas long as short
GRVT LITE_USDT_Perp+0.0212%8h948.89−0.075%$313$191K10xas long as short
edgeX LITEUSDC+0.0332%4h948.82−0.082%$63K$489K10xas long as short
SoDEX LITE-USD+0.0426%1h950.01+0.043%$23K$9K10xas long as short