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+0.0486%/8h= +53.2% APRpaid last 24h +0.102%
Price spread now: edgeX against BloFin−0.090%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$510.509% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.167%+$17 on $10k
Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.090%, 7d avg −0.021%
Together, before fees+0.292%+ Points / potential airdropedgeX: Active · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.069% cheaper against BloFin than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of −0.021%). If the spread goes back, that is −$7 on $10k: about 11 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.167% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.167% in total (about 8.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LITE-USDT949.380.0006pay 0.0006% / 8h51m 15s$215K$241K20x
ShortedgeX LITEUSDC948.530.0491get 0.0246% / 4h51m 15s$63K$472K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$101.98
Price spread: −0.090% → −0.021%
−$6.9
Slippage, 4 orders
−$29.88
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$44.2
Costs to cover
0.509%
Break-even
4.0 days
Slippage from BloFin: live order book, 20 min ago; edgeX: live order book, 52 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 BloFin live order book, 20 min ago0.10 bp10.1 bp −$1015.6 bp −$156doesn't fitdoesn't fit
Sell edgeX live order book, 52 min ago2.76 bp7.5 bp −$79.9 bp −$99doesn'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
Bitget LITEUSDT−0.0273%8h948.80−0.061%$2.6M$3.1M20xas long as short
Coinbase International LITE-PERP-INTX−0.0120%1h947.41−0.208%$94K$214K10xas long as short
Aster LITEUSDT0.0000%8h949.23−0.016%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h948.61−0.081%$18K$222K10xas long as short
Binance LITEUSDT0.0000%8h949.04−0.036%$12.2M$49.4M25xas long as short
Bybit LITEUSDT0.0000%8h949.20−0.019%$1.8M$1.9M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h949.37−0.001%$3.6M$18.6M25xas long as short
Gate LITE_USDT0.0000%8h949.54+0.017%$8.0M$6.5M50xas long as short
Variational Omni LITE0.0000%8h947.81−0.165%$260K$153Kas long as short
GRVT LITE_USDT_Perp0.0000%8h947.79−0.167%$569$194K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX LITE-USDT0.0000%8h949.00−0.040%$776$3.7M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h948.72−0.070%$18K$40K10xas long as short
HTX LITE-USDT0.0000%8h949.15−0.024%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h949.49+0.012%$1.5M$734K10xas long as short
QFEX LITE-USD+0.0002%1h948.25−0.119%$1.1M$3.7M10xas long as short
BloFin LITE-USDTlong+0.0006%8h949.38long leg$215K$241K20x
Lighter LITE+0.0032%1h948.92−0.048%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h948.01−0.144%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h949.14−0.025%$74K$229K10xas long as short
SoDEX LITE-USD+0.0050%1h948.96−0.044%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h948.05−0.140%$32K$349K10xas long as short
KuCoin LITEUSDTM+0.0100%8h948.87−0.054%$521K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h948.64−0.078%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h948.65−0.077%$922$3K10xas long as short
Aevo LITE-PERP+0.0104%1h948.65−0.077%10xas long as short
tradeXYZ xyz:LITE+0.0239%1h949.28−0.011%$7.7M$6.0M10xas long as short
edgeX LITEUSDCshort+0.0491%4h948.53−0.090%$63K$472K10x