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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.032%
Price spread now: Lighter against Bybit+0.003%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$350.349% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.393%+$39 on $10k
Price spread, last 4 days (all we have)+0.058%+$6 · spread now +0.003%, 7d avg +0.030%
Together, before fees+0.451%+ Points / potential airdropLighter: Season 3 · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.027% cheaper against Bybit than usual: you would sell low and buy high (spread +0.003% now, against its 7-day average of +0.030%). If the spread goes back, that is −$3 on $10k: about 2.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.393% in total) that is about 12 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LITEUSDT947.480get 0.0000% / 8h1h 15m$1.7M$1.9M25x
ShortLighter LITE947.510.0032get 0.0004% / 1h15m 42s$25K$104K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$6.72
Price spread: +0.003% → +0.030%
−$2.72
Slippage, 4 orders
−$23.86
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter: 0 bp × 2 orders
$0
Net
−$30.86
Costs to cover
0.349%
Break-even
39.1 days
Slippage from Bybit: live order book, 1 min ago; Lighter: live order book, 8 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, 1 min ago2.90 bp14.2 bp −$1490.0 bp −$900doesn't fitdoesn't fit
Sell Lighter live order book, 8 min ago3.17 bp4.2 bp −$49.1 bp −$91doesn'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−0.0488%8h947.41−0.007%$2.6M$3.1M20xas long as short
Deribit LITE_USDC-PERPETUAL−0.0477%1h948.05+0.060%$18K$40K10xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h946.65−0.088%$92K$212K10xas long as short
Aster LITEUSDT0.0000%8h947.63+0.015%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h947.15−0.035%$14K$218K10xas long as short
Binance LITEUSDT0.0000%8h947.23−0.026%$12.1M$49.3M25xas long as short
Bybit LITEUSDTlong0.0000%8h947.48long leg$1.7M$1.9M25x
OKX LITE-USDT-SWAP0.0000%8h947.22−0.027%$3.5M$18.4M25xas long as short
Gate LITE_USDT0.0000%8h947.81+0.035%$7.9M$6.5M50xas long as short
Variational Omni LITE0.0000%8h947.72+0.025%$260K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h949.07+0.168%$788$195K10xas long as short
SunX LITE-USDT0.0000%8h947.90+0.044%$819$3.7M10xas long as short
HTX LITE-USDT0.0000%8h949.90+0.255%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h948.49+0.107%$1.5M$730K10xas long as short
BloFin LITE-USDT+0.0010%8h949.18+0.179%$214K$240K20xas long as short
QFEX LITE-USD+0.0012%1h948.22+0.078%$1.1M$3.6M10xas long as short
Lighter LITEshort+0.0032%1h947.51+0.003%$25K$104K10x
Vest LITE-USD-PERP+0.0046%1h948.07+0.062%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h948.26+0.082%$74K$229K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h949.83+0.248%$32K$349K10xas long as short
KuCoin LITEUSDTM+0.0100%8h947.18−0.032%$520K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h948.87+0.147%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h948.29+0.085%$922$3K10xas long as short
Aevo LITE-PERP+0.0104%1h948.12+0.067%10xas long as short
tradeXYZ xyz:LITE+0.0108%1h947.39−0.009%$7.7M$5.9M10xas long as short
SoDEX LITE-USD+0.0273%1h947.97+0.052%$23K$9K10xas long as short
edgeX LITEUSDC+0.0416%4h948.68+0.127%$63K$473K10xas long as short