LITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0371%/8h= −40.7% APRnext payment −$3.71 per $10,000 · paid last 24h +0.005%

Price spread now: GRVT against Binance+0.154%99s7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as 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−$450.446% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 2 days (all we have)−0.183%−$18 · spread now +0.154%, 7d avg −0.013%

Together, before fees−0.155%+ Points / potential airdropGRVT: Active · farm board−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.167% dearer against Binance than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of −0.013%): +$17 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 36 hours. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.71 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	965.35	0.0371	pay 0.0371% / 8h	7h 11m	$13.8M	$44.1M	25x
Short	GRVT LITE_USDT_Perp	966.84	0	get 0.0000% / 8h	7h 11m	$561	$206K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GRVTbpOrdersPrice spread, now +0.154%Rate

Funding earned: −$78
Price spread: +0.154% → −0.013%: $16.71
Slippage, 4 orders: −$25.62
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$105.91
Costs to cover: 0.446%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; GRVT: live order book, 60 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, 15 min ago	1.03 bp	10.4 bp −$10	20.5 bp −$205	85.1 bp −$8,513	doesn't fit
Sell GRVT live order book, 60 min ago	1.98 bp	8.1 bp −$8	doesn't fit	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	−0.474%	$111K	$212K	10x	as long as short
Aster LITEUSDT	0.0000%	8h	966.47	+0.116%	$108K	$17K	20x	as long as short
Bybit LITEUSDT	0.0000%	8h	965.40	+0.005%	$1.9M	$1.6M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	965.70	+0.036%	$3.8M	$17.9M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	966.06	+0.073%	$8.1M	$5.9M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	965.13	−0.023%	$2.8M	$2.8M	20x	as long as short
GRVT LITE_USDT_Perpshort	0.0000%	8h	966.84	+0.154%	$561	$206K	10x
SunX LITE-USDT	0.0000%	8h	966.20	+0.088%	$574	$4.0M	10x	as long as short
Deribit LITE_USDC-PERPETUAL	0.0000%	1h	965.38	+0.003%	$19K	$37K	10x	as long as short
HTX LITE-USDT	0.0000%	8h	965.85	+0.052%	$7K	$31K	20x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex LITEUSDT	0.0000%	8h	966.15	+0.083%	$1.5M	$681K	10x	as long as short
QFEX LITE-USD	+0.0014%	1h	965.07	−0.029%	$1.1M	$5.2M	10x	as long as short
BloFin LITE-USDT	+0.0030%	8h	966.33	+0.101%	$225K	$237K	20x	as long as short
Lighter LITE	+0.0032%	1h	965.59	+0.025%	$27K	$101K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	965.23	−0.013%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	965.47	+0.012%	$75K	$228K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	966.05	+0.072%	$175K	$166K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	965.43	+0.008%	$521K	$38K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	966.18	+0.086%	$16K	$265K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	965.50	+0.015%	$938	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	965.49	+0.014%	—	—	10x	as long as short
SoDEX LITE-USD	+0.0184%	1h	965.42	+0.007%	$23K	$10K	10x	as long as short
tradeXYZ xyz:LITE	+0.0246%	1h	965.50	+0.015%	$7.3M	$5.0M	10x	as long as short
Variational Omni LITE	+0.0265%	8h	966.68	+0.137%	$243K	$141K	—	as long as short
Extended LITE-USD	+0.0368%	1h	965.21	−0.015%	$9K	$203K	10x	as long as short
Binance LITEUSDTlong	+0.0371%	8h	965.35	long leg	$13.8M	$44.1M	25x
edgeX LITEUSDC	+0.0425%	4h	966.87	+0.158%	$73K	$465K	10x	as long as short