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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0276%/8h= −30.2% APRnext payment $0.35 per $10,000 · paid last 24h −0.107%
Price spread now: Coinbase International against tradeXYZ−0.218%7-day average −0.168% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$440.442% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.267%−$27 on $10k
Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.218%, 7d avg −0.168%
Together, before fees−0.129%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Coinbase International is 0.050% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.168%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:LITE959.820.0124pay 0.0016% / 1h34m 52s$7.2M$5.4M10x
ShortCoinbase International LITE-PERP-INTX957.73−0.0152pay 0.0019% / 1h34m 52s$101K$203K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against tradeXYZ. 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
−$57.99
Price spread: −0.218% → −0.168%
−$4.95
Slippage, 4 orders
−$16.22
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$107.17
Costs to cover
0.442%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Coinbase International: live order book, 23 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 tradeXYZ live order book, 4 min ago1.09 bp10.6 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 23 min ago5.73 bp10.8 bp −$1118.8 bp −$188doesn'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-INTXshort−0.0152%1h957.73−0.218%$101K$203K10x
QFEX LITE-USD0.0000%1h959.44−0.040%$1.1M$4.1M10xas long as short
Aster LITEUSDT0.0000%8h960.33+0.053%$108K$17K20xas long as short
Extended LITE-USD0.0000%1h959.19−0.066%$10K$212K10xas long as short
Binance LITEUSDT0.0000%8h959.31−0.054%$12.6M$46.6M25xas long as short
Bybit LITEUSDT0.0000%8h959.52−0.031%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h959.35−0.049%$3.8M$17.5M25xas long as short
Gate LITE_USDT0.0000%8h959.87+0.005%$8.1M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h959.70−0.013%$2.6M$2.9M20xas long as short
Variational Omni LITE0.0000%8h959.35−0.049%$266K$147Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h959.80−0.002%$326$185K10xas long as short
SunX LITE-USDT0.0000%8h959.40−0.044%$600$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h959.25−0.059%$19K$38K10xas long as short
HTX LITE-USDT0.0000%8h959.61−0.022%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h959.84+0.002%$1.5M$690K10xas long as short
BloFin LITE-USDT+0.0026%8h959.44−0.040%$224K$236K20xas long as short
Lighter LITE+0.0032%1h959.32−0.052%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.49−0.034%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h959.72−0.010%$74K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h959.27−0.057%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h958.80−0.106%$48K$292K10xas long as short
KuCoin LITEUSDTM+0.0100%8h959.27−0.057%$526K$42K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h959.63−0.020%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h959.49−0.034%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.27−0.057%10xas long as short
tradeXYZ xyz:LITElong+0.0124%1h959.82long leg$7.2M$5.4M10x
edgeX LITEUSDC+0.0472%4h959.37−0.047%$70K$451K10xas long as short