Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.035%
Price spread now: OKX against ApeX Omni−0.013%50s7-day average +0.021% · 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—prices read too far apart to compare
costs, in and out, $10k−$590.588% of the position
Funding, last 7 days−0.126%−$13 on $10k
+Price spread, last 3 days (all we have)−0.127%−$13 · spread now −0.013%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.035% cheaper against ApeX Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.021%). Swap the legs. The two prices were read 50 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 | 965.49 | 0.0100 | pay 0.0013% / 1h | 32m 39s | $16K | $265K | 50x |
| Short | OKX LITE-USDT-SWAP | 965.36 | 0 | get 0.0000% / 8h | 7h 32m | $3.8M | $17.9M | 25x |
ApeX Omni LITEUSDT
OKX LITE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.013% → +0.021%
- −$3.47
- Slippage, 4 orders
- −$38.79
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$83.26
- Costs to cover
- 0.588%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 39 min ago; OKX: 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, 39 min ago | 7.70 bp | 19.1 bp −$19 | 179.9 bp −$1,799 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.52 bp | 11.0 bp −$11 | 19.0 bp −$190 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0096% | 1h | 960.78 | −0.488% | $111K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 965.08 | −0.042% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 965.54 | +0.005% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAPshort | 0.0000% | 8h | 965.36 | −0.013% | $3.8M | $17.9M | 25x | |
| Bitget LITEUSDT | 0.0000% | 8h | 964.76 | −0.076% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 964.73 | −0.079% | $743 | $209K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 964.20 | −0.134% | $640 | $4.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 964.15 | −0.139% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 964.58 | −0.094% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 964.65 | −0.087% | $1.5M | $682K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LITE_USDT | +0.0012% | 8h | 965.90 | +0.042% | $8.1M | $5.9M | 50x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 964.20 | −0.134% | $1.1M | $5.2M | 10x | as long as short |
| BloFin LITE-USDT | +0.0027% | 8h | 963.91 | −0.164% | $224K | $237K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 965.57 | +0.008% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 964.23 | −0.131% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 964.52 | −0.100% | $75K | $227K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 963.49 | −0.207% | $176K | $152K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 964.76 | −0.076% | $520K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDTlong | +0.0100% | 1h | 965.49 | long leg | $16K | $265K | 50x | |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 964.48 | −0.105% | $937 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 964.33 | −0.120% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0215% | 1h | 964.27 | −0.126% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0306% | 8h | 964.71 | −0.081% | $243K | $141K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0339% | 1h | 965.72 | +0.024% | $7.3M | $5.0M | 10x | as long as short |
| Binance LITEUSDT | +0.0398% | 8h | 965.39 | −0.011% | $13.9M | $44.3M | 25x | as long as short |
| Extended LITE-USD | +0.0400% | 1h | 965.21 | −0.029% | $9K | $209K | 10x | as long as short |
| edgeX LITEUSDC | +0.0876% | 4h | 964.63 | −0.089% | $73K | $464K | 10x | as long as short |
Gate LITE_USDT
QFEX LITE-USD
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
Variational Omni LITE
tradeXYZ xyz:LITE
Binance LITEUSDT
Extended LITE-USD
edgeX LITEUSDC