Funding you earn now, next payment 04:00 UTC+0.0087%/8h= +9.6% APRpaid last 24h +0.055%
Price spread now: tradeXYZ against Bybit+0.039%7-day average −0.077% · 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−$40as in the Price arb table
costs, in and out, $10k−$510.511% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 7 days−0.147%−$15 · spread now +0.039%, 7d avg −0.077%
=Together, before fees−0.059%+ Points / potential airdroptradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and tradeXYZ is 0.115% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LITEUSDT | 959.28 | 0 | get 0.0000% / 8h | 4h 13m | $1.8M | $1.7M | 25x |
| Short | tradeXYZ xyz:LITE | 959.65 | 0.0087 | get 0.0011% / 1h | 13m 08s | $7.2M | $5.4M | 10x |
Bybit LITEUSDT
tradeXYZ xyz:LITEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bybit. 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
- $18.32
- Price spread: +0.039% → −0.077%
- $11.52
- Slippage, 4 orders
- −$22.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$21.22
- Costs to cover
- 0.511%
- Break-even
- 15.1 days
Slippage from Bybit: live order book, 3 min ago; tradeXYZ: live order book, 4 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 Bybit live order book, 3 min ago | 3.60 bp | 18.6 bp −$19 | 84.2 bp −$842 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.05 bp | 10.1 bp −$10 | 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 | −0.0152% | 1h | 957.73 | −0.162% | $101K | $203K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0073% | 1h | 959.19 | −0.009% | $19K | $38K | 10x | as long as short |
| BloFin LITE-USDT | −0.0018% | 8h | 959.36 | +0.008% | $224K | $236K | 20x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 959.14 | −0.015% | $1.1M | $3.9M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.48 | +0.125% | $108K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 959.11 | −0.018% | $10K | $212K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 959.36 | +0.008% | $12.6M | $46.6M | 25x | as long as short |
| Bybit LITEUSDTlong | 0.0000% | 8h | 959.28 | long leg | $1.8M | $1.7M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.70 | +0.044% | $3.7M | $17.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 959.85 | +0.059% | $8.0M | $6.3M | 50x | as long as short |
Coinbase International LITE-PERP-INTX
Deribit LITE_USDC-PERPETUAL
BloFin LITE-USDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | 0.0000% | 8h | 959.31 | +0.003% | $2.6M | $2.9M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 959.43 | +0.015% | $266K | $147K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.60 | +0.033% | $317 | $185K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 959.40 | +0.013% | $534 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 959.40 | +0.013% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 959.78 | +0.052% | $1.5M | $688K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 959.38 | +0.010% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.28 | 0.000% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 959.43 | +0.016% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 959.31 | +0.003% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.41 | +0.118% | $48K | $292K | 10x | as long as short |
| tradeXYZ xyz:LITEshort | +0.0087% | 1h | 959.65 | +0.039% | $7.2M | $5.4M | 10x | |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.28 | 0.000% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.33 | +0.005% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 959.29 | +0.001% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.09 | −0.020% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0957% | 4h | 959.19 | −0.010% | $70K | $452K | 10x | as long as short |
Bitget LITEUSDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC