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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0192%/8h= +21.0% APRpaid last 24h +0.079%
Price spread now: edgeX against Bybit+0.050%81s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$560.559% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.202%+$20 on $10k
Price spread, last 4 days (all we have)+0.249%+$25 · spread now +0.050%, 7d avg +0.029%
Together, before fees+0.451%+ Points / potential airdropedgeX: Active · farm board+$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and edgeX is 0.021% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.029%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LITEUSDT959.910get 0.0000% / 8h4h 38m$1.9M$1.7M25x
ShortedgeX LITEUSDC960.390.0192get 0.0096% / 4h38m 07s$70K$450K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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
$40.36
Price spread: +0.050% → +0.029%
$2.06
Slippage, 4 orders
−$35.89
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$13.47
Costs to cover
0.559%
Break-even
9.3 days
Slippage from Bybit: live order book, 3 min ago; edgeX: live order book, 21 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 Bybit live order book, 3 min ago3.38 bp11.2 bp −$1172.3 bp −$723doesn't fitdoesn't fit
Sell edgeX live order book, 21 min ago3.65 bp8.3 bp −$810.8 bp −$108doesn'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−0.0152%1h957.73−0.227%$101K$203K10xas long as short
BloFin LITE-USDT−0.0012%8h959.98+0.007%$224K$236K20xas long as short
QFEX LITE-USD0.0000%1h959.72−0.020%$1.1M$4.2M10xas long as short
Aster LITEUSDT0.0000%8h959.91−0.001%$108K$17K20xas long as short
Extended LITE-USD0.0000%1h959.42−0.052%$9K$210K10xas long as short
Bybit LITEUSDTlong0.0000%8h959.91long leg$1.9M$1.7M25x
OKX LITE-USDT-SWAP0.0000%8h959.37−0.056%$3.8M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h960.05+0.015%$8.1M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h959.70−0.022%$2.6M$2.9M20xas long as short
Variational Omni LITE0.0000%8h960.10+0.020%$266K$147Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h960.21+0.031%$326$185K10xas long as short
SunX LITE-USDT0.0000%8h959.50−0.043%$600$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h959.39−0.054%$19K$38K10xas long as short
HTX LITE-USDT0.0000%8h959.82−0.009%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h960.21+0.031%$1.5M$689K10xas long as short
Binance LITEUSDT0.0000%8h959.66−0.026%$12.6M$46.6M25xas long as short
Lighter LITE+0.0032%1h959.24−0.070%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.71−0.021%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h959.910.000%$74K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h959.34−0.059%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h960.72+0.084%$48K$292K10xas long as short
KuCoin LITEUSDTM+0.0100%8h959.10−0.084%$526K$42K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h960.30+0.041%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h959.40−0.053%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.14−0.080%10xas long as short
tradeXYZ xyz:LITE+0.0125%1h959.96+0.005%$7.2M$5.4M10xas long as short
edgeX LITEUSDCshort+0.0192%4h960.39+0.050%$70K$450K10x