Funding you earn now, next payment 04:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h −0.070%
Price spread now: Bybit against Deribit+0.052%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.052% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 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 | Deribit LITE_USDC-PERPETUAL | 959.33 | −0.0042 | get 0.0005% / 1h | 47m 23s | $19K | $37K | 10x |
| Short | Bybit LITEUSDT | 959.83 | 0 | get 0.0000% / 8h | 4h 47m | $1.9M | $1.7M | 25x |
Deribit LITE_USDC-PERPETUAL
Bybit LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Deribit. 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
- $8.78
- Price spread: +0.052% → 0.000%
- $5.21
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$4.01
- Costs to cover
- 0.180%
- Break-even
- 10.2 days
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 4 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 3.70 bp | 11.7 bp −$12 | 77.1 bp −$771 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.167% | $101K | $203K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUALlong | −0.0042% | 1h | 959.33 | long leg | $19K | $37K | 10x | |
| QFEX LITE-USD | 0.0000% | 1h | 959.40 | +0.007% | $1.1M | $4.3M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.69 | +0.142% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDTshort | 0.0000% | 8h | 959.83 | +0.052% | $1.9M | $1.7M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.05 | +0.075% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.50 | +0.122% | $8.1M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.90 | +0.059% | $2.6M | $2.9M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 959.89 | +0.059% | $266K | $147K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.79 | +0.048% | $298 | $185K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
QFEX LITE-USD
Aster LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
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 | 959.60 | +0.028% | $609 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.48 | +0.120% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 960.06 | +0.076% | $1.5M | $689K | 10x | as long as short |
| Binance LITEUSDT | +0.0022% | 8h | 959.86 | +0.055% | $12.6M | $46.6M | 25x | as long as short |
| Extended LITE-USD | +0.0024% | 1h | 959.89 | +0.058% | $9K | $212K | 10x | as long as short |
| BloFin LITE-USDT | +0.0025% | 8h | 959.37 | +0.004% | $225K | $236K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 959.67 | +0.035% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.20 | −0.014% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 960.10 | +0.080% | $7.2M | $5.4M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.09 | +0.079% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 959.47 | +0.015% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.70 | +0.039% | $48K | $292K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.31 | −0.002% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.64 | +0.032% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 959.90 | +0.059% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.82 | +0.051% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0701% | 4h | 959.35 | +0.002% | $70K | $452K | 10x | as long as short |
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Binance LITEUSDT
Extended LITE-USD
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
tradeXYZ xyz:LITE
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