Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h −0.043%

Price spread now: Coinbase International against BloFin−0.173%7-day average −0.243% · you buy dearer than you sell

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$470.469% of the position

Long on BloFin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.263%−$26 on $10k

Price spread, last 4 days (all we have)+0.123%+$12 · spread now −0.173%, 7d avg −0.243%

Together, before fees−0.140%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.070% dearer against BloFin than usual: you sell high and buy low (spread −0.173% now, against its 7-day average of −0.243%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LITE-USDT	947.88	−0.0015	get 0.0015% / 8h	4m 38s	$217K	$243K	20x
Short	Coinbase International LITE-PERP-INTX	946.24	−0.0120	pay 0.0015% / 1h	4m 38s	$93K	$215K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.173%Rate

Funding earned: −$21.97
Price spread: −0.173% → −0.243%: $7.01
Slippage, 4 orders: −$24.91
Fee BloFin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$61.86
Costs to cover: 0.469%
Break-even: never at this rate

Slippage from BloFin: live order book, 67 min ago; Coinbase International: live order book, 33 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, 67 min ago	0.10 bp	10.1 bp −$10	15.6 bp −$156	doesn't fit	doesn't fit
Sell Coinbase International live order book, 33 min ago	7.58 bp	12.6 bp −$13	19.3 bp −$193	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-INTXshort	−0.0120%	1h	946.24	−0.173%	$93K	$215K	10x
Bitget LITEUSDT	−0.0103%	8h	947.85	−0.003%	$2.6M	$3.1M	20x	as long as short
BloFin LITE-USDTlong	−0.0015%	8h	947.88	long leg	$217K	$243K	20x
Aster LITEUSDT	0.0000%	8h	948.39	+0.054%	$106K	$17K	20x	as long as short
Extended LITE-USD	0.0000%	1h	947.54	−0.036%	$49K	$247K	10x	as long as short
Binance LITEUSDT	0.0000%	8h	947.77	−0.011%	$12.1M	$49.4M	25x	as long as short
Bybit LITEUSDT	0.0000%	8h	947.84	−0.004%	$1.8M	$2.0M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	947.66	−0.023%	$3.6M	$18.6M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	948.52	+0.068%	$8.0M	$6.5M	50x	as long as short
Variational Omni LITE	0.0000%	8h	947.40	−0.051%	$260K	$140K	—	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LITE_USDT_Perp	0.0000%	8h	947.64	−0.025%	$758	$194K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	947.90	+0.002%	$719	$3.7M	10x	as long as short
HTX LITE-USDT	0.0000%	8h	948.34	+0.049%	$7K	$31K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	948.20	+0.034%	$1.5M	$743K	10x	as long as short
QFEX LITE-USD	+0.0002%	1h	947.50	−0.040%	$1.1M	$3.8M	10x	as long as short
Lighter LITE	+0.0032%	1h	947.51	−0.039%	$25K	$104K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	947.15	−0.077%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	948.16	+0.030%	$73K	$229K	10x	as long as short
SoDEX LITE-USD	+0.0050%	1h	947.63	−0.026%	$23K	$9K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	948.37	+0.052%	$32K	$353K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	947.25	−0.066%	$519K	$54K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	947.61	−0.028%	$16K	$266K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	947.52	−0.038%	$921	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	947.42	−0.049%	—	—	10x	as long as short
tradeXYZ xyz:LITE	+0.0213%	1h	947.93	+0.005%	$7.7M	$5.7M	10x	as long as short
Deribit LITE_USDC-PERPETUAL	+0.0331%	1h	947.78	−0.011%	$18K	$41K	10x	as long as short
edgeX LITEUSDC	+0.0877%	4h	947.33	−0.058%	$63K	$473K	10x	as long as short