Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.007%
Price spread now: Binance against ApeX Omni−0.343%109s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$680.680% of the position
Funding, last 7 days−0.105%−$10 on $10k
+Price spread, last 4 days (all we have)+1.298%+$130 · spread now −0.343%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.355% cheaper against ApeX Omni than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of +0.012%). Swap the legs. The two prices were read 109 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 | ApeX Omni LITEUSDT | 946.59 | 0.0100 | pay 0.0013% / 1h | 55m 42s | $16K | $266K | 50x |
| Short | Binance LITEUSDT | 943.34 | 0 | get 0.0000% / 8h | 7h 55m | $12.0M | $49.6M | 25x |
ApeX Omni LITEUSDT
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.343% → +0.012%
- −$35.46
- Slippage, 4 orders
- −$48.04
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$124.5
- Costs to cover
- 0.680%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 41 min ago; Binance: live order book, 1 min ago.
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 ApeX Omni live order book, 41 min ago | 8.21 bp | 18.7 bp −$19 | 174.7 bp −$1,747 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 0.90 bp | 16.5 bp −$17 | 35.5 bp −$355 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITEUSDT | −0.0628% | 8h | 943.59 | −0.317% | $1.8M | $2.0M | 25x | as long as short |
| GRVT LITE_USDT_Perp | −0.0324% | 8h | 947.82 | +0.130% | $720 | $194K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0112% | 1h | 946.24 | −0.037% | $93K | $215K | 10x | as long as short |
| Bitget LITEUSDT | −0.0100% | 8h | 943.79 | −0.296% | $2.6M | $3.1M | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 944.74 | −0.195% | $106K | $18K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 943.04 | −0.375% | $49K | $247K | 10x | as long as short |
| Binance LITEUSDTshort | 0.0000% | 8h | 943.34 | −0.343% | $12.0M | $49.6M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 943.23 | −0.355% | $3.6M | $18.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 944.05 | −0.268% | $7.9M | $6.3M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 944.82 | −0.187% | $260K | $140K | — | as long as short |
Bybit LITEUSDT
GRVT LITE_USDT_Perp
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
Aster LITEUSDT
Extended LITE-USD
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 944.90 | −0.179% | $885 | $3.7M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 944.84 | −0.185% | $18K | $41K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 939.91 | −0.706% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 945.39 | −0.127% | $1.5M | $742K | 10x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 942.78 | −0.402% | $1.1M | $3.8M | 10x | as long as short |
| BloFin LITE-USDT | +0.0017% | 8h | 946.51 | −0.008% | $218K | $243K | 20x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 944.62 | −0.208% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 945.05 | −0.163% | $7.7M | $5.9M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 945.28 | −0.138% | $73K | $221K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 944.53 | −0.218% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 943.14 | −0.364% | $35K | $357K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 944.34 | −0.238% | $518K | $64K | 20x | as long as short |
| ApeX Omni LITEUSDTlong | +0.0100% | 1h | 946.59 | long leg | $16K | $266K | 50x | |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 945.94 | −0.069% | $919 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 945.54 | −0.111% | — | — | 10x | as long as short |
| Lighter LITE | +0.0136% | 1h | 944.10 | −0.263% | $25K | $102K | 10x | as long as short |
| edgeX LITEUSDC | +0.0371% | 4h | 947.43 | +0.089% | $63K | $471K | 10x | as long as short |
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDT
Vest LITE-USD-PERP
tradeXYZ xyz:LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Lighter LITE
edgeX LITEUSDC