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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.011%
Price spread now: Bybit against QFEX−0.008%53s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.432% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.018%−$2 on $10k
Price spread, last 7 days+0.034%+$3 · spread now −0.008%, 7d avg +0.021%
Together, before fees+0.016%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.029% cheaper against QFEX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.021%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX LITE-USD949.54−0.0002get 0.0000% / 1h19m 45s$1.1M$3.5M10x
ShortBybit LITEUSDT949.460get 0.0000% / 8h3h 19m$1.8M$1.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0.37
Price spread: −0.008% → +0.021%
−$2.91
Slippage, 4 orders
−$22.19
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$45.72
Costs to cover
0.432%
Break-even
873.0 days
Slippage from QFEX: live order book, 3 min ago; Bybit: live order book, 2 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 QFEX live order book, 3 min ago1.26 bp7.4 bp −$712.3 bp −$123doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.32 bp14.8 bp −$1588.4 bp −$884doesn'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-INTX−0.0224%1h957.73+0.863%$101K$203K10xas long as short
Bitget LITEUSDT−0.0125%8h948.79−0.079%$2.6M$3.0M20xas long as short
BloFin LITE-USDT−0.0026%8h949.92+0.040%$222K$234K20xas long as short
QFEX LITE-USDlong−0.0002%1h949.54long leg$1.1M$3.5M10x
Aster LITEUSDT0.0000%8h950.13+0.062%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h948.99−0.058%$14K$223K10xas long as short
Binance LITEUSDT0.0000%8h949.08−0.048%$12.3M$47.2M25xas long as short
Bybit LITEUSDTshort0.0000%8h949.46−0.008%$1.8M$1.7M25x
OKX LITE-USDT-SWAP0.0000%8h948.67−0.092%$3.7M$17.5M25xas long as short
Gate LITE_USDT0.0000%8h949.39−0.016%$7.9M$6.2M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITE0.0000%8h949.92+0.040%$261K$154Kas long as short
GRVT LITE_USDT_Perp0.0000%8h950.82+0.135%$304$184K10xas long as short
SunX LITE-USDT0.0000%8h949.50−0.004%$739$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h949.27−0.028%$18K$39K10xas long as short
HTX LITE-USDT0.0000%8h949.74+0.021%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h949.59+0.005%$1.5M$700K10xas long as short
Lighter LITE+0.0032%1h949.41−0.014%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h948.90−0.067%$3K10xas long as short
tradeXYZ xyz:LITE+0.0050%1h948.87−0.071%$7.2M$5.5M10xas long as short
Polymarket Perps LITE-USD+0.0050%1h949.43−0.012%$73K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h949.12−0.044%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h949.70+0.017%$34K$314K10xas long as short
KuCoin LITEUSDTM+0.0100%8h949.16−0.040%$522K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h949.52−0.002%$16K$267K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h949.12−0.044%$923$3K10xas long as short
Aevo LITE-PERP+0.0104%1h949.01−0.056%10xas long as short
edgeX LITEUSDC+0.0883%4h949.34−0.021%$64K$456K10xas long as short