Funding you earn now, next payment 03:00 UTC−0.0158%/8h= −17.3% APRpaid last 24h −0.031%
Price spread now: QFEX against Binance+0.011%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 4 days (all we have)−0.024%−$2 on $10k
+Price spread, last 7 days−0.055%−$5 · spread now +0.011%, 7d avg −0.060%
=The price spread pays, funding is against you. QFEX is 0.072% dearer against Binance than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.060%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 36 hours. At the pace of the last 4 days (−0.024% in total) that is about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LITEUSDT | 958.35 | 0.0166 | pay 0.0166% / 8h | 5h 36m | $12.7M | $46.7M | 25x |
| Short | QFEX LITE-USD | 958.46 | 0.0008 | get 0.0001% / 1h | 36m 10s | $1.1M | $4.9M | 10x |
Binance LITEUSDT
QFEX LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$33.22
- Price spread: +0.011% → −0.060%
- $7.17
- Slippage, 4 orders
- −$18.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$64.44
- Costs to cover
- 0.384%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; QFEX: live order book, 7 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, 6 min ago | 0.83 bp | 9.4 bp −$9 | 22.1 bp −$221 | 79.6 bp −$7,964 | doesn't fit |
| Sell QFEX live order book, 7 min ago | 2.09 bp | 8.8 bp −$9 | 11.4 bp −$114 | 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 | −0.0144% | 1h | 957.56 | −0.082% | $106K | $198K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 959.48 | +0.118% | $107K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 958.56 | +0.022% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 958.89 | +0.056% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 959.06 | +0.074% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.54 | +0.020% | $2.6M | $3.0M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 958.45 | +0.010% | $288 | $187K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 958.90 | +0.057% | $605 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 958.31 | −0.004% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 958.15 | −0.021% | $7K | $32K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 958.96 | +0.064% | $1.5M | $687K | 10x | as long as short |
| QFEX LITE-USDshort | +0.0008% | 1h | 958.46 | +0.011% | $1.1M | $4.9M | 10x | |
| BloFin LITE-USDT | +0.0023% | 8h | 958.89 | +0.056% | $225K | $236K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 958.25 | −0.010% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 958.40 | +0.005% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 958.62 | +0.028% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 958.34 | −0.001% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 958.11 | −0.025% | $71K | $267K | 10x | as long as short |
| Variational Omni LITE | +0.0081% | 8h | 957.82 | −0.055% | $266K | $147K | — | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.74 | +0.041% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 958.36 | +0.001% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.51 | +0.017% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.32 | −0.003% | — | — | 10x | as long as short |
| Binance LITEUSDTlong | +0.0166% | 8h | 958.35 | long leg | $12.7M | $46.7M | 25x | |
| Extended LITE-USD | +0.0168% | 1h | 958.14 | −0.022% | $13K | $203K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0218% | 1h | 958.76 | +0.043% | $7.1M | $5.4M | 10x | as long as short |
| edgeX LITEUSDC | +0.0940% | 4h | 957.74 | −0.064% | $69K | $454K | 10x | as long as short |
Phemex LITEUSDT
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
Variational Omni LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Extended LITE-USD
tradeXYZ xyz:LITE
edgeX LITEUSDC