Funding you earn now, next payment 08:00 UTC+0.0173%/8h= +18.9% APRnext payment +$1.73 per $10,000 · paid last 24h −0.007%
Price spread now: Phemex against Bitget+0.095%7-day average +0.066% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.095%, 7d avg +0.066%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phemex is 0.029% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.066%. Mind the row above: over the last 7 days funding on this pair cost −0.114%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LITEUSDT | 950.71 | −0.0173 | get 0.0173% / 8h | 40m 53s | $2.6M | $3.1M | 20x |
| Short | Phemex LITEUSDT | 951.61 | 0 | get 0.0000% / 8h | 40m 53s | $1.5M | $735K | 10x |
Bitget LITEUSDT
Phemex LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bitget. 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
- $36.33
- Price spread: +0.095% → +0.066%
- $2.86
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $15.19
- Costs to cover
- 0.240%
- Break-even
- 4.1 days
Slippage unknown: Bitget: live order book, 2 min ago; Phemex: live order book, 2 min ago. Net counts fees only.
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 Bitget live order book, 2 min ago | 2.73 bp | 9.6 bp −$10 | 19.0 bp −$190 | 50.6 bp −$5,056 | doesn't fit |
| Sell Phemex live order book, 2 min ago | 3.26 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDTlong | −0.0173% | 8h | 950.71 | long leg | $2.6M | $3.1M | 20x | |
| Coinbase International LITE-PERP-INTX | −0.0120% | 1h | 947.41 | −0.347% | $94K | $214K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 950.37 | −0.036% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 950.28 | −0.045% | $49K | $253K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 950.51 | −0.021% | $12.2M | $49.4M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 951.02 | +0.033% | $1.8M | $2.0M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 950.68 | −0.003% | $3.6M | $18.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 951.32 | +0.064% | $8.0M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 951.07 | +0.038% | $261K | $143K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 949.42 | −0.135% | $560 | $194K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 951.20 | +0.052% | $887 | $3.7M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 951.04 | +0.035% | $18K | $41K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 950.51 | −0.021% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTshort | 0.0000% | 8h | 951.61 | +0.095% | $1.5M | $735K | 10x | |
| QFEX LITE-USD | +0.0002% | 1h | 950.95 | +0.025% | $1.1M | $3.7M | 10x | as long as short |
| BloFin LITE-USDT | +0.0028% | 8h | 951.62 | +0.096% | $217K | $242K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 950.29 | −0.044% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 950.14 | −0.060% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 951.50 | +0.083% | $74K | $229K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 951.05 | +0.036% | $33K | $352K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 949.69 | −0.107% | $521K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 949.24 | −0.155% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 950.65 | −0.006% | $924 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 950.46 | −0.026% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0143% | 1h | 950.91 | +0.021% | $23K | $9K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0240% | 1h | 950.88 | +0.018% | $7.7M | $6.0M | 10x | as long as short |
| edgeX LITEUSDC | +0.0784% | 4h | 950.17 | −0.057% | $64K | $472K | 10x | as long as short |
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX 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
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
tradeXYZ xyz:LITE
edgeX LITEUSDC