Funding you earn now, next payment 16:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.13 per $10,000 · paid last 24h +0.039%
Price spread now: Binance against BloFin+0.003%71s7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as 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−$400.401% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.003%, 7d avg −0.025%
=The price spread pays, funding is against you. Binance is 0.028% dearer against BloFin than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.025%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.5 days. The two prices were read 71 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 | BloFin LITE-USDT | 947.62 | 0.0013 | pay 0.0013% / 8h | 5h 30m | $216K | $257K | 20x |
| Short | Binance LITEUSDT | 947.65 | 0 | get 0.0000% / 8h | 5h 30m | $12.1M | $51.7M | 25x |
BloFin LITE-USDT
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$2.63
- Price spread: +0.003% → −0.025%
- $2.83
- Slippage, 4 orders
- −$18.08
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$39.88
- Costs to cover
- 0.401%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 9 min ago; Binance: live order book, 5 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 BloFin live order book, 9 min ago | 1.16 bp | 10.0 bp −$10 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.47 bp | 9.0 bp −$9 | 22.1 bp −$221 | 94.6 bp −$9,461 | doesn't fit |
LITE on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LITE_USDC-PERPETUAL | −0.0857% | 1h | 947.22 | −0.042% | $18K | $40K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0056% | 1h | 950.35 | +0.288% | $122K | $169K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 946.61 | −0.106% | $106K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 947.35 | −0.028% | $46K | $246K | 10x | as long as short |
| Binance LITEUSDTshort | 0.0000% | 8h | 947.65 | +0.003% | $12.1M | $51.7M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 947.38 | −0.025% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 947.30 | −0.034% | $3.5M | $19.0M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 947.08 | −0.057% | $2.6M | $3.4M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 947.49 | −0.014% | $260K | $129K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.60 | −0.002% | $649 | $3.5M | 10x | as long as short |
Deribit LITE_USDC-PERPETUAL
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
Variational Omni LITE
SunX LITE-USDTShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 947.83 | +0.022% | $7K | $30K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 948.14 | +0.055% | $1.5M | $748K | 10x | as long as short |
| BloFin LITE-USDTlong | +0.0013% | 8h | 947.62 | long leg | $216K | $257K | 20x | |
| Lighter LITE | +0.0032% | 1h | 947.81 | +0.020% | $26K | $102K | 10x | as long as short |
| QFEX LITE-USD | +0.0040% | 1h | 947.31 | −0.033% | $1.1M | $3.7M | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 947.47 | −0.016% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 948.04 | +0.044% | $7.7M | $5.5M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 947.44 | −0.019% | $70K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 947.56 | −0.006% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 947.66 | +0.004% | $32K | $363K | 10x | as long as short |
| Gate LITE_USDT | +0.0084% | 8h | 948.20 | +0.061% | $8.0M | $6.6M | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 947.50 | −0.013% | $921 | $3K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 947.17 | −0.047% | $518K | $226K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 947.15 | −0.050% | $16K | $267K | 50x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 947.25 | −0.039% | — | — | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0356% | 8h | 947.71 | +0.009% | $360 | $192K | 10x | as long as short |
| edgeX LITEUSDC | +0.0649% | 4h | 947.14 | −0.051% | $63K | $490K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
QFEX LITE-USD
Vest LITE-USD-PERP
tradeXYZ xyz:LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
Gate LITE_USDT
Orderly PERP_LITE_USDC_mythos
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Aevo LITE-PERP
GRVT LITE_USDT_Perp
edgeX LITEUSDC