Funding you earn now, next payment 00:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h +0.004%
Price spread now: OKX against BloFin−0.042%93s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as 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−$410.411% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 3 days (all we have)+0.007%+$1 · spread now −0.042%, 7d avg +0.002%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.043% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.002%). Swap the legs. The two prices were read 93 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 | 957.86 | 0.0023 | pay 0.0023% / 8h | 2h 03m | $223K | $236K | 20x |
| Short | OKX LITE-USDT-SWAP | 957.46 | 0 | get 0.0000% / 8h | 2h 03m | $3.8M | $17.9M | 25x |
BloFin LITE-USDT
OKX LITE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$4.8
- Price spread: −0.042% → +0.002%
- −$4.34
- Slippage, 4 orders
- −$19.05
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$50.2
- Costs to cover
- 0.411%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 12 min ago; OKX: 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, 12 min ago | 1.41 bp | 11.2 bp −$11 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.21 bp | 8.5 bp −$8 | 22.7 bp −$227 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LITEUSDT | 0.0000% | 8h | 957.24 | −0.064% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 957.61 | −0.026% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 957.64 | −0.023% | $13.8M | $45.3M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 957.53 | −0.034% | $1.9M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAPshort | 0.0000% | 8h | 957.46 | −0.042% | $3.8M | $17.9M | 25x | |
| Gate LITE_USDT | 0.0000% | 8h | 958.02 | +0.017% | $8.0M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 957.36 | −0.052% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 958.27 | +0.043% | $241K | $142K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 957.92 | +0.006% | $671 | $253K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 957.60 | −0.027% | $757 | $4.2M | 10x | as long as short |
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
Gate LITE_USDT
Bitget LITEUSDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 957.71 | −0.016% | $19K | $36K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 958.69 | +0.087% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 958.16 | +0.031% | $1.5M | $693K | 10x | as long as short |
| QFEX LITE-USD | +0.0018% | 1h | 957.54 | −0.033% | $1.1M | $5.2M | 10x | as long as short |
| BloFin LITE-USDTlong | +0.0023% | 8h | 957.86 | long leg | $223K | $236K | 20x | |
| Lighter LITE | +0.0032% | 1h | 957.95 | +0.009% | $27K | $103K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 956.72 | −0.119% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 957.71 | −0.016% | $29K | $489K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 956.82 | −0.109% | $176K | $158K | 10x | as long as short |
| SoDEX LITE-USD | +0.0081% | 1h | 957.61 | −0.026% | $23K | $10K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 957.28 | −0.061% | $516K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 957.37 | −0.051% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 957.86 | 0.000% | $931 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 957.60 | −0.027% | — | — | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | +0.0120% | 1h | 956.59 | −0.133% | $118K | $337K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0305% | 1h | 957.85 | −0.001% | $7.2M | $5.1M | 10x | as long as short |
| edgeX LITEUSDC | +0.0315% | 4h | 957.94 | +0.008% | $68K | $459K | 10x | as long as short |
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Coinbase International LITE-PERP-INTX
tradeXYZ xyz:LITE
edgeX LITEUSDC