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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.054%
Price spread now: Phemex against Coinbase International+0.277%7-day average +0.283% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.146%+$15 on $10k
Price spread, last 3 days (all we have)−0.235%−$24 · spread now +0.277%, 7d avg +0.283%
Together, before fees−0.089%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.283%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LITE-PERP-INTX958.20−0.0064get 0.0008% / 1h41m 31s$115K$233K10x
ShortPhemex LITEUSDT960.850get 0.0000% / 8h41m 31s$1.5M$685K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
$13.44
Price spread: +0.277% → +0.283%
−$0.61
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$9.17
Costs to cover
0.220%
Break-even
11.8 days
Slippage unknown: Coinbase International: live order book, 36 min ago; Phemex: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 36 min ago6.52 bp12.3 bp −$1221.5 bp −$215doesn't fitdoesn't fit
Sell Phemex live order book, 1 min ago2.34 bpdoesn't fitdoesn't fitdoesn'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-INTXlong−0.0064%1h958.20long leg$115K$233K10x
BloFin LITE-USDT−0.0026%8h960.81+0.272%$222K$235K20xas long as short
Aster LITEUSDT0.0000%8h960.24+0.213%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h960.29+0.218%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h960.78+0.269%$3.8M$18.0M25xas long as short
Gate LITE_USDT0.0000%8h960.97+0.289%$8.0M$6.2M50xas long as short
Bitget LITEUSDT0.0000%8h960.00+0.188%$2.8M$3.1M20xas long as short
SunX LITE-USDT0.0000%8h960.50+0.240%$959$4.2M10xas long as short
HTX LITE-USDT0.0000%8h960.83+0.274%$7K$31K20xas long as short
Phemex LITEUSDTshort0.0000%8h960.85+0.277%$1.5M$685K10x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USD+0.0033%1h960.29+0.218%$1.1M$5.3M10xas long as short
Vest LITE-USD-PERP+0.0046%1h960.00+0.188%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h960.40+0.230%$30K$489K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h960.43+0.233%$175K$160K10xas long as short
edgeX LITEUSDC+0.0062%4h960.56+0.246%$70K$461K10xas long as short
Variational Omni LITE+0.0094%8h960.74+0.266%$241K$142Kas long as short
KuCoin LITEUSDTM+0.0100%8h960.11+0.199%$517K$38K20xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h960.37+0.226%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h960.57+0.248%10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0177%1h960.36+0.225%$19K$36K10xas long as short
Lighter LITE+0.0200%1h960.68+0.259%$27K$102K10xas long as short
Extended LITE-USD+0.0224%1h960.22+0.211%$9K$209K10xas long as short
Binance LITEUSDT+0.0228%8h960.40+0.229%$13.8M$45.1M25xas long as short
SoDEX LITE-USD+0.0303%1h960.34+0.223%$23K$10K10xas long as short
GRVT LITE_USDT_Perp+0.0345%8h960.69+0.260%$932$234K10xas long as short
tradeXYZ xyz:LITE+0.0495%1h960.92+0.284%$7.2M$5.1M10xas long as short
ApeX Omni LITEUSDT+0.0558%1h960.58+0.248%$16K$265K50xas long as short