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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0171%/8h= −18.7% APRnext payment $1.71 per $10,000 · paid last 24h −0.012%
Price spread now: KuCoin against Binance−0.025%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1601.601% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 2 days (all we have)−0.014%−$1 · spread now −0.025%, 7d avg −0.032%
Together, before fees+0.083%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.097%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LITEUSDT960.210.0271pay 0.0271% / 8h6h 15m$13.7M$44.0M25x
ShortKuCoin LITEUSDTM959.970.0100get 0.0100% / 8h6h 15m$519K$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
−$35.83
Price spread: −0.025% → −0.032%
$0.64
Slippage, 4 orders
−$138.09
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$195.27
Costs to cover
1.601%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 23 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 Binance live order book, 12 min ago0.88 bp10.4 bp −$1021.9 bp −$21991.2 bp −$9,117doesn't fit
Sell KuCoin live order book, 23 min ago23.03 bp65.5 bp −$66doesn'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%1h965.50+0.550%$111K$195K10xas long as short
Aster LITEUSDT0.0000%8h961.12+0.094%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h959.85−0.038%$1.9M$1.6M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h959.87−0.036%$3.8M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h960.44+0.024%$8.0M$6.0M50xas long as short
Bitget LITEUSDT0.0000%8h959.74−0.049%$2.8M$2.8M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h959.38−0.087%$892$192K10xas long as short
SunX LITE-USDT0.0000%8h960.00−0.022%$1K$3.9M10xas long as short
HTX LITE-USDT0.0000%8h960.68+0.048%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h960.08−0.014%$1.5M$683K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USD+0.0028%1h959.86−0.037%$1.1M$5.0M10xas long as short
Lighter LITE+0.0032%1h960.02−0.020%$27K$101K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.53−0.071%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h959.99−0.023%$75K$228K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h959.39−0.086%$167K$165K10xas long as short
SoDEX LITE-USD+0.0075%1h960.01−0.021%$23K$10K10xas long as short
KuCoin LITEUSDTMshort+0.0100%8h959.97−0.025%$519K$39K20x
ApeX Omni LITEUSDT+0.0100%1h959.36−0.089%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h960.25+0.004%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.99−0.023%10xas long as short
Variational Omni LITE+0.0154%8h960.29+0.008%$266K$147Kas long as short
Deribit LITE_USDC-PERPETUAL+0.0167%1h960.11−0.011%$19K$37K10xas long as short
tradeXYZ xyz:LITE+0.0178%1h960.07−0.015%$7.2M$5.2M10xas long as short
Binance LITEUSDTlong+0.0271%8h960.21long leg$13.7M$44.0M25x
Extended LITE-USD+0.0272%1h959.99−0.023%$10K$201K10xas long as short
edgeX LITEUSDC+0.0354%4h959.35−0.090%$70K$455K10xas long as short