Funding arb · Price arb /

LITE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h +0.063%

Price spread now: Deribit against SunX+0.086%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.086% dearer against SunX than usual: you sell high and buy low (spread +0.086% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LITE-USDT	946.70	0	get 0.0000% / 8h	1h 22m	$799	$3.8M	10x
Short	Deribit LITE_USDC-PERPETUAL	947.51	−0.0024	pay 0.0003% / 1h	22m 59s	$18K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee DeribitbpOrdersPrice spread, now +0.086%Rate

Funding earned: −$5.11
Price spread: +0.086% → 0.000%: $8.56
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$11.55
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 5 min ago	46.04 bp	64.3 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget LITEUSDT	−0.0611%	8h	947.75	+0.111%	$2.6M	$3.1M	20x	as long as short
Coinbase International LITE-PERP-INTX	−0.0072%	1h	946.65	−0.005%	$92K	$212K	10x	as long as short
Deribit LITE_USDC-PERPETUALshort	−0.0024%	1h	947.51	+0.086%	$18K	$40K	10x
BloFin LITE-USDT	−0.0024%	8h	948.29	+0.168%	$216K	$239K	20x	as long as short
Aster LITEUSDT	0.0000%	8h	947.46	+0.081%	$106K	$17K	20x	as long as short
Extended LITE-USD	0.0000%	1h	947.78	+0.114%	$14K	$218K	10x	as long as short
Binance LITEUSDT	0.0000%	8h	947.97	+0.134%	$12.1M	$49.3M	25x	as long as short
Bybit LITEUSDT	0.0000%	8h	947.95	+0.132%	$1.7M	$1.9M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	947.74	+0.110%	$3.5M	$18.4M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	948.44	+0.184%	$7.9M	$6.5M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni LITE	0.0000%	8h	945.21	−0.157%	$260K	$154K	—	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	944.68	−0.214%	$1K	$195K	10x	as long as short
SunX LITE-USDTlong	0.0000%	8h	946.70	long leg	$799	$3.8M	10x
HTX LITE-USDT	0.0000%	8h	948.01	+0.138%	$7K	$31K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	948.30	+0.169%	$1.5M	$727K	10x	as long as short
QFEX LITE-USD	+0.0012%	1h	947.17	+0.050%	$1.1M	$3.6M	10x	as long as short
edgeX LITEUSDC	+0.0031%	4h	944.88	−0.192%	$61K	$470K	10x	as long as short
Lighter LITE	+0.0032%	1h	947.87	+0.124%	$25K	$104K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	947.01	+0.033%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	948.05	+0.143%	$73K	$229K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	943.29	−0.360%	$32K	$347K	10x	as long as short
tradeXYZ xyz:LITE	+0.0089%	1h	948.00	+0.137%	$7.5M	$5.8M	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	947.34	+0.068%	$520K	$43K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	944.93	−0.187%	$16K	$265K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	947.35	+0.069%	$921	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	947.32	+0.066%	—	—	10x	as long as short
SoDEX LITE-USD	+0.0115%	1h	947.05	+0.037%	$23K	$9K	10x	as long as short