Funding arb · Price arb /

LITE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h —

Price spread now: Aevo against QFEX−0.093%46s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.093% cheaper against QFEX than usual: you would sell low and buy high (spread −0.093% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.4 days of funding at the current rate (+$3 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX LITE-USD	948.21	0.0012	pay 0.0001% / 1h	22m 25s	$1.1M	$3.6M	10x
Short	Aevo LITE-PERP	947.32	0.0104	get 0.0013% / 1h	22m 25s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against QFEX. 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 QFEXbpFee AevobpOrdersPrice spread, now −0.093%Rate

Funding earned: $19.4
Price spread: −0.093% → 0.000%: −$9.34
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$15.93
Costs to cover: 0.260%
Break-even: 12.7 days

Slippage unknown: QFEX: live order book, 11 min ago; Aevo: no order-book sample. Net counts fees only.

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 QFEX live order book, 11 min ago	0.95 bp	6.0 bp −$6	13.9 bp −$139	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget LITEUSDT	−0.0596%	8h	948.35	+0.015%	$2.6M	$3.1M	20x	as long as short
Coinbase International LITE-PERP-INTX	−0.0072%	1h	946.65	−0.165%	$92K	$212K	10x	as long as short
Deribit LITE_USDC-PERPETUAL	−0.0024%	1h	947.51	−0.074%	$18K	$40K	10x	as long as short
BloFin LITE-USDT	−0.0024%	8h	948.29	+0.008%	$216K	$239K	20x	as long as short
Aster LITEUSDT	0.0000%	8h	948.18	−0.003%	$106K	$17K	20x	as long as short
Extended LITE-USD	0.0000%	1h	948.30	+0.010%	$14K	$218K	10x	as long as short
Binance LITEUSDT	0.0000%	8h	948.68	+0.049%	$12.1M	$49.3M	25x	as long as short
Bybit LITEUSDT	0.0000%	8h	949.01	+0.084%	$1.7M	$1.9M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	949.12	+0.096%	$3.5M	$18.5M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	948.73	+0.055%	$7.9M	$6.5M	50x	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	945.21	−0.316%	$260K	$154K	—	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	944.68	−0.373%	$1K	$195K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	946.70	−0.159%	$799	$3.8M	10x	as long as short
HTX LITE-USDT	0.0000%	8h	948.01	−0.021%	$7K	$31K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	948.30	+0.009%	$1.5M	$727K	10x	as long as short
QFEX LITE-USDlong	+0.0012%	1h	948.21	long leg	$1.1M	$3.6M	10x
edgeX LITEUSDC	+0.0031%	4h	944.88	−0.351%	$61K	$470K	10x	as long as short
Lighter LITE	+0.0032%	1h	947.69	−0.055%	$25K	$104K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	947.75	−0.049%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	949.30	+0.115%	$74K	$229K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	943.29	−0.519%	$32K	$347K	10x	as long as short
tradeXYZ xyz:LITE	+0.0083%	1h	948.61	+0.042%	$7.5M	$5.8M	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	948.15	−0.006%	$520K	$43K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	944.93	−0.346%	$16K	$265K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	947.35	−0.091%	$921	$3K	10x	as long as short
Aevo LITE-PERPshort	+0.0104%	1h	947.32	−0.093%	—	—	10x
SoDEX LITE-USD	+0.0115%	1h	947.05	−0.122%	$23K	$9K	10x	as long as short