Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.035%

Price spread now: OKX against ApeX Omni−0.253%90s7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$630.634% of the position

Long on ApeX Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.126%−$13 on $10k

Price spread, last 3 days (all we have)+0.112%+$11 · spread now −0.253%, 7d avg +0.021%

Together, before fees−0.013%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.274% cheaper against ApeX Omni than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.021%). Swap the legs. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni LITEUSDT	965.30	0.0100	pay 0.0013% / 1h	57m 58s	$16K	$265K	50x
Short	OKX LITE-USDT-SWAP	962.86	0	get 0.0000% / 8h	6h 57m	$3.8M	$17.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against ApeX Omni. 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 ApeX OmnibpFee OKXbpOrdersPrice spread, now −0.253%Rate

Funding earned: −$21
Price spread: −0.253% → +0.021%: −$27.4
Slippage, 4 orders: −$43.43
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$111.83
Costs to cover: 0.634%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 9 min ago; OKX: live order book, just now.

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 ApeX Omni live order book, 9 min ago	10.04 bp	22.3 bp −$22	201.1 bp −$2,011	doesn't fit	doesn't fit
Sell OKX live order book, just now	1.61 bp	9.9 bp −$10	20.0 bp −$200	doesn't fit	doesn't fit

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
Coinbase International LITE-PERP-INTX	−0.0232%	1h	965.50	+0.021%	$111K	$213K	10x	as long as short
BloFin LITE-USDT	−0.0009%	8h	965.27	−0.003%	$225K	$236K	20x	as long as short
Aster LITEUSDT	0.0000%	8h	964.72	−0.060%	$108K	$17K	20x	as long as short
Bybit LITEUSDT	0.0000%	8h	963.08	−0.230%	$1.9M	$1.6M	25x	as long as short
OKX LITE-USDT-SWAPshort	0.0000%	8h	962.86	−0.253%	$3.8M	$17.9M	25x
Gate LITE_USDT	0.0000%	8h	963.65	−0.171%	$8.1M	$5.8M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	962.81	−0.258%	$2.8M	$2.8M	20x	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	965.83	+0.055%	$483	$205K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	965.10	−0.021%	$991	$4.0M	10x	as long as short
Deribit LITE_USDC-PERPETUAL	0.0000%	1h	963.17	−0.221%	$19K	$37K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX LITE-USDT	0.0000%	8h	964.64	−0.068%	$7K	$31K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	963.56	−0.180%	$1.5M	$683K	10x	as long as short
QFEX LITE-USD	+0.0028%	1h	963.09	−0.229%	$1.1M	$5.2M	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	963.44	−0.193%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	963.44	−0.193%	$75K	$228K	10x	as long as short
SoDEX LITE-USD	+0.0050%	1h	963.02	−0.236%	$23K	$10K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	964.43	−0.090%	$168K	$166K	10x	as long as short
Lighter LITE	+0.0056%	1h	962.77	−0.262%	$27K	$101K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	963.10	−0.228%	$519K	$38K	20x	as long as short
ApeX Omni LITEUSDTlong	+0.0100%	1h	965.30	long leg	$16K	$265K	50x
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	963.49	−0.188%	$937	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	963.20	−0.218%	—	—	10x	as long as short
edgeX LITEUSDC	+0.0114%	4h	965.54	+0.025%	$73K	$457K	10x	as long as short
tradeXYZ xyz:LITE	+0.0199%	1h	963.24	−0.213%	$7.2M	$5.0M	10x	as long as short
Variational Omni LITE	+0.0244%	8h	965.51	+0.022%	$242K	$142K	—	as long as short
Binance LITEUSDT	+0.0357%	8h	963.23	−0.214%	$13.9M	$44.1M	25x	as long as short
Extended LITE-USD	+0.0360%	1h	963.00	−0.239%	$9K	$200K	10x	as long as short