Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0109%/8h= +11.9% APRpaid last 24h +0.037%

Price spread now: ApeX Omni against BloFin+0.003%7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$630.631% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.130%+$13 on $10k

Price spread, last 3 days (all we have)+0.033%+$3 · spread now +0.003%, 7d avg −0.028%

Together, before fees+0.163%+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.031% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LITE-USDT	965.27	−0.0009	get 0.0009% / 8h	6h 57m	$225K	$236K	20x
Short	ApeX Omni LITEUSDT	965.30	0.0100	get 0.0013% / 1h	57m 40s	$16K	$265K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now +0.003%Rate

Funding earned: $22.85
Price spread: +0.003% → −0.028%: $3.07
Slippage, 4 orders: −$41.05
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$37.13
Costs to cover: 0.631%
Break-even: 18.4 days

Slippage from BloFin: live order book, 3 min ago; ApeX Omni: live order book, 9 min ago.

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 BloFin live order book, 3 min ago	0.57 bp	8.0 bp −$8	13.3 bp −$133	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 9 min ago	10.04 bp	22.8 bp −$23	197.4 bp −$1,974	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	+0.024%	$111K	$213K	10x	as long as short
BloFin LITE-USDTlong	−0.0009%	8h	965.27	long leg	$225K	$236K	20x
Aster LITEUSDT	0.0000%	8h	964.72	−0.057%	$108K	$17K	20x	as long as short
Bybit LITEUSDT	0.0000%	8h	963.02	−0.233%	$1.9M	$1.6M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	962.92	−0.243%	$3.8M	$17.9M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	963.31	−0.203%	$8.1M	$5.8M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	962.71	−0.265%	$2.8M	$2.8M	20x	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	965.83	+0.058%	$483	$205K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	965.10	−0.018%	$991	$4.0M	10x	as long as short
Deribit LITE_USDC-PERPETUAL	0.0000%	1h	963.17	−0.218%	$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	−0.065%	$7K	$31K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	963.56	−0.177%	$1.5M	$683K	10x	as long as short
QFEX LITE-USD	+0.0028%	1h	963.09	−0.226%	$1.1M	$5.2M	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	963.44	−0.190%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	963.44	−0.190%	$75K	$228K	10x	as long as short
SoDEX LITE-USD	+0.0050%	1h	963.02	−0.233%	$23K	$10K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	964.43	−0.087%	$168K	$166K	10x	as long as short
Lighter LITE	+0.0056%	1h	962.98	−0.237%	$27K	$101K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	963.03	−0.232%	$519K	$38K	20x	as long as short
ApeX Omni LITEUSDTshort	+0.0100%	1h	965.30	+0.003%	$16K	$265K	50x
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	963.49	−0.184%	$937	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	963.20	−0.215%	—	—	10x	as long as short
edgeX LITEUSDC	+0.0114%	4h	965.54	+0.028%	$73K	$457K	10x	as long as short
tradeXYZ xyz:LITE	+0.0216%	1h	963.19	−0.215%	$7.2M	$5.0M	10x	as long as short
Variational Omni LITE	+0.0244%	8h	965.51	+0.025%	$242K	$142K	—	as long as short
Binance LITEUSDT	+0.0353%	8h	963.03	−0.232%	$13.9M	$44.1M	25x	as long as short
Extended LITE-USD	+0.0360%	1h	962.62	−0.275%	$9K	$200K	10x	as long as short