Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h +0.094%

Price spread now: Binance against Coinbase International+0.156%7-day average +0.232% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$400.405% of the position

Long on Coinbase International Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.271%+$27 on $10k

Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.156%, 7d avg +0.232%

Together, before fees+0.164%+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.076% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.156% now, against its 7-day average of +0.232%). If the spread goes back, that is −$8 on $10k: about 40 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LITE-PERP-INTX	957.73	−0.0152	get 0.0019% / 1h	15m 08s	$101K	$203K	10x
Short	Binance LITEUSDT	959.22	0	get 0.0000% / 8h	4h 15m	$12.6M	$46.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Coinbase International. 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 Coinbase InternationalbpFee BinancebpOrdersPrice spread, now +0.156%Rate

Funding earned: $31.92
Price spread: +0.156% → +0.232%: −$7.59
Slippage, 4 orders: −$20.46
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$16.13
Costs to cover: 0.405%
Break-even: 10.5 days

Slippage from Coinbase International: live order book, 43 min ago; Binance: live order book, 12 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 Coinbase International live order book, 43 min ago	5.73 bp	11.5 bp −$12	20.7 bp −$207	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	0.52 bp	10.3 bp −$10	21.7 bp −$217	82.1 bp −$8,215	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-INTXlong	−0.0152%	1h	957.73	long leg	$101K	$203K	10x
Deribit LITE_USDC-PERPETUAL	−0.0052%	1h	958.98	+0.131%	$19K	$38K	10x	as long as short
QFEX LITE-USD	0.0000%	1h	959.17	+0.150%	$1.1M	$3.9M	10x	as long as short
Aster LITEUSDT	0.0000%	8h	959.90	+0.227%	$108K	$17K	20x	as long as short
Extended LITE-USD	0.0000%	1h	958.84	+0.116%	$10K	$212K	10x	as long as short
Binance LITEUSDTshort	0.0000%	8h	959.22	+0.156%	$12.6M	$46.6M	25x
Bybit LITEUSDT	0.0000%	8h	959.40	+0.174%	$1.8M	$1.7M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	959.16	+0.149%	$3.7M	$17.5M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	959.70	+0.206%	$8.0M	$6.3M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	959.31	+0.165%	$2.6M	$2.9M	20x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni LITE	0.0000%	8h	959.43	+0.177%	$266K	$147K	—	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	960.07	+0.244%	$317	$185K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	959.30	+0.164%	$503	$3.8M	10x	as long as short
HTX LITE-USDT	0.0000%	8h	960.39	+0.278%	$7K	$32K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	959.85	+0.221%	$1.5M	$689K	10x	as long as short
BloFin LITE-USDT	+0.0030%	8h	959.14	+0.147%	$224K	$236K	20x	as long as short
Lighter LITE	+0.0032%	1h	959.18	+0.151%	$27K	$99K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	959.40	+0.174%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	959.43	+0.178%	$74K	$228K	10x	as long as short
SoDEX LITE-USD	+0.0050%	1h	959.34	+0.168%	$23K	$9K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	960.41	+0.280%	$48K	$292K	10x	as long as short
tradeXYZ xyz:LITE	+0.0091%	1h	959.57	+0.192%	$7.2M	$5.4M	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	959.10	+0.143%	$526K	$42K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	959.94	+0.231%	$16K	$266K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	959.20	+0.153%	$932	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	959.01	+0.133%	—	—	10x	as long as short
edgeX LITEUSDC	+0.0549%	4h	959.91	+0.228%	$70K	$451K	10x	as long as short