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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.009%
Price spread now: Gate against QFEX−0.004%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$460.458% 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+0.083%+$8 · spread now −0.004%, 7d avg +0.069%
Together, before fees+0.065%+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.074% cheaper against QFEX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.069%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX LITE-USD942.690.0012pay 0.0001% / 1h48m 16s$1.1M$3.5M10x
ShortGate LITE_USDT942.650get 0.0000% / 8h1h 48m$7.9M$6.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$2.44
Price spread: −0.004% → +0.069%
−$7.37
Slippage, 4 orders
−$20.79
Fee QFEX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$55.6
Costs to cover
0.458%
Break-even
never at this rate
Slippage from QFEX: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago1.22 bp6.3 bp −$611.7 bp −$117doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago3.71 bp18.6 bp −$1944.9 bp −$44963.4 bp −$6,339doesn'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
Bitget LITEUSDT−0.0646%8h942.37−0.034%$2.6M$3.1M20xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h946.65+0.420%$92K$212K10xas long as short
Deribit LITE_USDC-PERPETUAL−0.0047%1h941.69−0.106%$18K$40K10xas long as short
BloFin LITE-USDT−0.0024%8h943.42+0.077%$217K$237K20xas long as short
Aster LITEUSDT0.0000%8h942.14−0.058%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h941.76−0.099%$14K$220K10xas long as short
Binance LITEUSDT0.0000%8h941.86−0.088%$12.0M$49.1M25xas long as short
Bybit LITEUSDT0.0000%8h942.31−0.040%$1.8M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h941.91−0.083%$3.6M$18.1M25xas long as short
Gate LITE_USDTshort0.0000%8h942.65−0.004%$7.9M$6.4M50x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITE0.0000%8h943.35+0.070%$259K$154Kas long as short
GRVT LITE_USDT_Perp0.0000%8h943.47+0.083%$726$194K10xas long as short
SunX LITE-USDT0.0000%8h942.00−0.073%$819$3.8M10xas long as short
HTX LITE-USDT0.0000%8h943.65+0.102%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h942.56−0.014%$1.5M$721K10xas long as short
QFEX LITE-USDlong+0.0012%1h942.69long leg$1.1M$3.5M10x
Lighter LITE+0.0032%1h942.07−0.066%$24K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h942.32−0.039%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h942.41−0.030%$73K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h942.04−0.069%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h942.95+0.028%$32K$345K10xas long as short
KuCoin LITEUSDTM+0.0100%8h942.22−0.050%$517K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h943.15+0.049%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h941.99−0.074%$916$3K10xas long as short
Aevo LITE-PERP+0.0104%1h941.91−0.083%10xas long as short
tradeXYZ xyz:LITE+0.0112%1h942.16−0.056%$7.5M$5.8M10xas long as short
edgeX LITEUSDC+0.0240%4h943.35+0.070%$60K$471K10xas long as short