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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0277%/8h= −30.4% APRpaid last 24h −0.007%
Price spread now: Lighter against Binance−0.022%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$280.277% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.321%+$32 on $10k
Price spread, last 2 days (all we have)+0.004%$0 · spread now −0.022%, 7d avg −0.002%
Together, before fees+0.325%+ Points / potential airdropLighter: Season 3 · farm board+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.321%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LITEUSDT964.930.0421pay 0.0421% / 8h7h 50m$13.8M$44.7M25x
ShortLighter LITE964.720.0144get 0.0018% / 1h50m 33s$27K$101K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$58.25
Price spread: −0.022% → −0.002%
−$1.94
Slippage, 4 orders
−$17.75
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$87.94
Costs to cover
0.277%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Lighter: live order book, 4 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, 6 min ago1.50 bp9.6 bp −$1029.0 bp −$290103.0 bp −$10.3Kdoesn't fit
Sell Lighter live order book, 4 min ago0.98 bp2.0 bp −$25.2 bp −$52doesn'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−0.0096%1h960.78−0.430%$111K$222K10xas long as short
Aster LITEUSDT0.0000%8h965.15+0.023%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h964.82−0.011%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h964.52−0.042%$3.8M$18.0M25xas long as short
Bitget LITEUSDT0.0000%8h964.47−0.048%$2.8M$2.8M20xas long as short
SunX LITE-USDT0.0000%8h964.70−0.024%$872$4.1M10xas long as short
HTX LITE-USDT0.0000%8h965.51+0.060%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h965.36+0.045%$1.5M$683K10xas long as short
Gate LITE_USDT+0.0003%8h965.15+0.023%$8.1M$5.8M50xas long as short
QFEX LITE-USD+0.0014%1h964.69−0.025%$1.1M$5.3M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LITE-USDT+0.0024%8h964.68−0.026%$223K$237K20xas long as short
Vest LITE-USD-PERP+0.0046%1h964.21−0.075%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h964.88−0.005%$75K$230K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h964.01−0.095%$176K$158K10xas long as short
GRVT LITE_USDT_Perp+0.0055%8h964.83−0.011%$598$222K10xas long as short
KuCoin LITEUSDTM+0.0100%8h964.28−0.067%$520K$39K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h964.64−0.030%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h965.05+0.012%$938$3K10xas long as short
Aevo LITE-PERP+0.0104%1h963.14−0.186%10xas long as short
Lighter LITEshort+0.0144%1h964.72−0.022%$27K$101K10x
Variational Omni LITE+0.0314%8h964.85−0.009%$243K$141Kas long as short
tradeXYZ xyz:LITE+0.0418%1h965.33+0.041%$7.3M$5.0M10xas long as short
Binance LITEUSDTlong+0.0421%8h964.93long leg$13.8M$44.7M25x
Extended LITE-USD+0.0424%1h964.41−0.054%$9K$209K10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0528%1h964.67−0.027%$19K$37K10xas long as short
SoDEX LITE-USD+0.0562%1h964.85−0.008%$23K$10K10xas long as short
edgeX LITEUSDC+0.0813%4h964.95+0.002%$73K$463K10xas long as short