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−0.0112%/8h= −12.3% APRnext payment $1.12 per $10,000 · paid last 24h +0.007%
Price spread now: Bitget against Phemex−0.001%7-day average −0.066% · you buy dearer than you sell
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+0.114%+$11 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.001%, 7d avg −0.066%
Together, before fees+0.064%+$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.064% dearer against Phemex than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.066%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours. Mind the row above: over the last 7 days funding on this pair paid +0.114%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex LITEUSDT950.270get 0.0000% / 8h3h 21m$1.5M$700K10x
ShortBitget LITEUSDT950.26−0.0112pay 0.0112% / 8h3h 21m$2.6M$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Phemex. 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
−$23.52
Price spread: −0.001% → −0.066%
$6.45
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$41.07
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; Bitget: 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 Phemex live order book, 1 min ago1.95 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago3.42 bp16.4 bp −$1628.5 bp −$28557.8 bp −$5,780doesn'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−0.0224%1h957.73+0.785%$101K$203K10xas long as short
Bitget LITEUSDTshort−0.0112%8h950.26−0.001%$2.6M$2.9M20x
QFEX LITE-USD−0.0002%1h948.91−0.143%$1.1M$3.5M10xas long as short
Aster LITEUSDT0.0000%8h950.32+0.006%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h950.18−0.009%$14K$223K10xas long as short
Binance LITEUSDT0.0000%8h949.89−0.040%$12.3M$47.1M25xas long as short
Bybit LITEUSDT0.0000%8h950.07−0.021%$1.8M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h950.05−0.023%$3.7M$17.5M25xas long as short
Gate LITE_USDT0.0000%8h950.33+0.006%$7.9M$6.2M50xas long as short
Variational Omni LITE0.0000%8h950.36+0.010%$261K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h950.82+0.058%$304$184K10xas long as short
SunX LITE-USDT0.0000%8h949.50−0.081%$712$3.8M10xas long as short
HTX LITE-USDT0.0000%8h949.77−0.053%$7K$32K20xas long as short
Phemex LITEUSDTlong0.0000%8h950.27long leg$1.5M$700K10x
BloFin LITE-USDT+0.0024%8h949.67−0.063%$221K$234K20xas long as short
Lighter LITE+0.0032%1h949.65−0.065%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h948.64−0.172%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h949.75−0.055%$7.2M$5.5M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h949.46−0.085%$73K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h948.93−0.141%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h949.70−0.060%$34K$314K10xas long as short
KuCoin LITEUSDTM+0.0100%8h949.68−0.062%$522K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h951.75+0.156%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h949.04−0.129%$922$3K10xas long as short
Aevo LITE-PERP+0.0104%1h948.83−0.151%10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0277%1h948.99−0.135%$18K$39K10xas long as short
edgeX LITEUSDC+0.0523%4h952.49+0.234%$66K$454K10xas long as short