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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0009%/8hpaid last 24h −0.010%
Price spread now: SunX against QFEX−0.133%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1431.430% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.016%−$2 on $10k
Price spread, last 3 days (all we have)+0.143%+$14 · spread now −0.133%, 7d avg +0.008%
Together, before fees+0.127%+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and SunX is 0.141% cheaper against QFEX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX LITE-USD962.780.0009pay 0.0001% / 1h21m 30s$1.1M$4.8M10x
ShortSunX LITE-USDT961.500get 0.0000% / 8h4h 21m$913$4.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$1.93
Price spread: −0.133% → +0.008%
−$14.14
Slippage, 4 orders
−$125.05
Fee QFEX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$159.12
Costs to cover
1.430%
Break-even
never at this rate
Slippage from QFEX: live order book, 11 min ago; SunX: live order book, 11 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, 11 min ago1.76 bp6.8 bp −$712.1 bp −$121doesn't fitdoesn't fit
Sell SunX live order book, 11 min ago45.21 bp64.3 bp −$64doesn'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
Coinbase International LITE-PERP-INTX−0.0008%1h960.48−0.239%$119K$337K10xas long as short
Aster LITEUSDT0.0000%8h962.25−0.055%$108K$14K20xas long as short
Extended LITE-USD0.0000%1h963.37+0.061%$9K$209K10xas long as short
Binance LITEUSDT0.0000%8h962.83+0.005%$14.0M$43.2M25xas long as short
Bybit LITEUSDT0.0000%8h962.84+0.006%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h962.79+0.001%$3.8M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h963.04+0.027%$8.0M$6.1M50xas long as short
Bitget LITEUSDT0.0000%8h962.71−0.007%$2.7M$2.9M20xas long as short
Variational Omni LITE0.0000%8h961.97−0.085%$237K$138Kas long as short
GRVT LITE_USDT_Perp0.0000%8h961.53−0.129%$721$250K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX LITE-USDTshort0.0000%8h961.50−0.133%$913$4.2M10x
HTX LITE-USDT0.0000%8h961.58−0.125%$7K$30K20xas long as short
Phemex LITEUSDT0.0000%8h962.48−0.031%$1.5M$643K10xas long as short
BloFin LITE-USDT+0.0007%8h961.92−0.089%$227K$234K20xas long as short
QFEX LITE-USDlong+0.0009%1h962.78long leg$1.1M$4.8M10x
Lighter LITE+0.0032%1h962.85+0.007%$31K$94K10xas long as short
Vest LITE-USD-PERP+0.0046%1h961.56−0.127%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h962.07−0.074%$32K$480K10xas long as short
SoDEX LITE-USD+0.0050%1h962.31−0.049%$23K$10K10xas long as short
edgeX LITEUSDC+0.0050%4h962.33−0.047%$71K$451K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h961.44−0.139%$205K$116K10xas long as short
KuCoin LITEUSDTM+0.0100%8h962.26−0.054%$518K$37K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h961.45−0.138%$16K$267K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h962.11−0.070%$935$3K10xas long as short
Aevo LITE-PERP+0.0104%1h961.91−0.091%10xas long as short
tradeXYZ xyz:LITE+0.0218%1h963.00+0.023%$7.2M$4.9M10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0457%1h962.41−0.038%$19K$35K10xas long as short