Funding you earn now, next payment 08:00 UTC−0.0376%/8h= −41.2% APRnext payment −$3.76 per $10,000 · paid last 24h −0.042%
Price spread now: Gate against Binance−0.004%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$610.610% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 2 days (all we have)+0.016%+$2 · spread now −0.004%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Gate is 0.031% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.078% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LITEUSDT | 967.10 | 0.0376 | pay 0.0376% / 8h | 7h 16m | $13.9M | $44.0M | 25x |
| Short | Gate LITE_USDT | 967.06 | 0 | get 0.0000% / 8h | 7h 16m | $8.1M | $5.9M | 50x |
Binance LITEUSDT
Gate LITE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$78.98
- Price spread: −0.004% → +0.026%
- −$3.06
- Slippage, 4 orders
- −$36.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$143.05
- Costs to cover
- 0.610%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Gate: live order book, 2 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 Binance live order book, 10 min ago | 1.03 bp | 10.4 bp −$10 | 20.5 bp −$205 | 85.1 bp −$8,513 | doesn't fit |
| Sell Gate live order book, 2 min ago | 6.00 bp | 18.0 bp −$18 | 43.4 bp −$434 | 63.1 bp −$6,310 | 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 | −0.654% | $111K | $212K | 10x | as long as short |
| BloFin LITE-USDT | −0.0029% | 8h | 966.60 | −0.052% | $225K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 966.84 | −0.028% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 966.92 | −0.019% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 967.02 | −0.008% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDTshort | 0.0000% | 8h | 967.06 | −0.004% | $8.1M | $5.9M | 50x | |
| Bitget LITEUSDT | 0.0000% | 8h | 966.41 | −0.072% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 965.24 | −0.193% | $705 | $207K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 966.70 | −0.042% | $696 | $4.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 966.48 | −0.064% | $19K | $37K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUALShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 967.13 | +0.003% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 967.11 | +0.001% | $1.5M | $681K | 10x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 966.37 | −0.076% | $1.1M | $5.2M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 967.13 | +0.003% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 966.14 | −0.099% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 966.77 | −0.034% | $76K | $227K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 966.46 | −0.066% | $176K | $156K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 966.43 | −0.069% | $521K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 965.28 | −0.188% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 966.59 | −0.053% | $940 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 966.64 | −0.048% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0212% | 1h | 966.66 | −0.046% | $23K | $10K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0263% | 1h | 967.10 | 0.000% | $7.3M | $5.0M | 10x | as long as short |
| Variational Omni LITE | +0.0276% | 8h | 964.67 | −0.251% | $243K | $141K | — | as long as short |
| Extended LITE-USD | +0.0376% | 1h | 966.60 | −0.052% | $9K | $203K | 10x | as long as short |
| Binance LITEUSDTlong | +0.0376% | 8h | 967.10 | long leg | $13.9M | $44.0M | 25x | |
| edgeX LITEUSDC | +0.0483% | 4h | 964.56 | −0.263% | $73K | $464K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
tradeXYZ xyz:LITE
Variational Omni LITE
Extended LITE-USD
edgeX LITEUSDC