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+0.0100%/8h= +10.9% APRpaid last 24h +0.036%
Price spread now: ApeX Omni against SunX+0.102%73s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1681.678% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.218%+$22 on $10k
Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.102%, 7d avg −0.011%
Together, before fees+0.142%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.114% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.011%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LITE-USDT947.900get 0.0000% / 8h1h 16m$819$3.7M10x
ShortApeX Omni LITEUSDT948.870.0100get 0.0013% / 1h16m 21s$16K$265K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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
$21
Price spread: +0.102% → −0.011%
$11.36
Slippage, 4 orders
−$149.85
Fee SunX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$135.49
Costs to cover
1.678%
Break-even
52.2 days
Slippage from SunX: live order book, 12 min ago; ApeX Omni: live order book, 26 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 SunX live order book, 12 min ago46.04 bp64.3 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 26 min ago8.00 bp19.0 bp −$19178.3 bp −$1,783doesn'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
Bitget LITEUSDT−0.0488%8h948.02+0.013%$2.6M$3.1M20xas long as short
Deribit LITE_USDC-PERPETUAL−0.0477%1h948.05+0.016%$18K$40K10xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h946.65−0.132%$92K$212K10xas long as short
Aster LITEUSDT0.0000%8h948.54+0.067%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h947.85−0.005%$14K$218K10xas long as short
Binance LITEUSDT0.0000%8h948.00+0.010%$12.1M$49.3M25xas long as short
Bybit LITEUSDT0.0000%8h948.44+0.057%$1.7M$1.9M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h948.00+0.011%$3.5M$18.5M25xas long as short
Gate LITE_USDT0.0000%8h948.52+0.065%$7.9M$6.5M50xas long as short
Variational Omni LITE0.0000%8h948.35+0.048%$260K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h949.07+0.124%$788$195K10xas long as short
SunX LITE-USDTlong0.0000%8h947.90long leg$819$3.7M10x
HTX LITE-USDT0.0000%8h949.90+0.211%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h948.49+0.062%$1.5M$730K10xas long as short
BloFin LITE-USDT+0.0010%8h949.18+0.135%$214K$240K20xas long as short
QFEX LITE-USD+0.0012%1h948.22+0.034%$1.1M$3.6M10xas long as short
Lighter LITE+0.0032%1h948.32+0.044%$25K$104K10xas long as short
Vest LITE-USD-PERP+0.0046%1h948.07+0.018%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h948.26+0.038%$74K$229K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h949.83+0.204%$32K$349K10xas long as short
KuCoin LITEUSDTM+0.0100%8h947.86−0.004%$520K$43K20xas long as short
ApeX Omni LITEUSDTshort+0.0100%1h948.87+0.102%$16K$265K50x
Orderly PERP_LITE_USDC_mythos+0.0100%8h948.29+0.041%$922$3K10xas long as short
Aevo LITE-PERP+0.0104%1h948.12+0.023%10xas long as short
tradeXYZ xyz:LITE+0.0106%1h948.56+0.070%$7.7M$5.9M10xas long as short
SoDEX LITE-USD+0.0273%1h947.97+0.007%$23K$9K10xas long as short
edgeX LITEUSDC+0.0416%4h948.68+0.083%$63K$473K10xas long as short