Funding you earn now, next payment 04:00 UTC−0.0701%/8h= −76.7% APRpaid last 24h −0.031%
Price spread now: GRVT against edgeX+0.046%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$520.520% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.046%, 7d avg +0.014%
=Together, before fees−0.112%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.032% dearer against edgeX than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of +0.014%): +$3 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.082% in total) that is about 2.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.082% in total (about -4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX LITEUSDC | 959.35 | 0.0701 | pay 0.0350% / 4h | 47m 06s | $70K | $452K | 10x |
| Short | GRVT LITE_USDT_Perp | 959.79 | 0 | get 0.0000% / 8h | 4h 47m | $298 | $185K | 10x |
edgeX LITEUSDC
GRVT LITE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against edgeX. 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
- −$147.18
- Price spread: +0.046% → +0.014%
- $3.24
- Slippage, 4 orders
- −$34.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$195.97
- Costs to cover
- 0.520%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 12 min ago; GRVT: live order book, 10 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 edgeX live order book, 12 min ago | 3.65 bp | 23.3 bp −$23 | 26.4 bp −$264 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 10 min ago | 1.46 bp | 11.7 bp −$12 | 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 | −0.168% | $101K | $203K | 10x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 959.40 | +0.006% | $1.1M | $4.3M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.61 | +0.132% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 959.83 | +0.051% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.80 | +0.047% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.38 | +0.108% | $8.1M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.90 | +0.058% | $2.6M | $2.9M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 959.89 | +0.057% | $266K | $147K | — | as long as short |
| GRVT LITE_USDT_Perpshort | 0.0000% | 8h | 959.79 | +0.046% | $298 | $185K | 10x | |
| SunX LITE-USDT | 0.0000% | 8h | 960.00 | +0.068% | $610 | $3.8M | 10x | as long as short |
Coinbase International LITE-PERP-INTX
QFEX LITE-USD
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
Variational Omni LITE
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 | 959.67 | +0.034% | $19K | $38K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.01 | +0.069% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 960.48 | +0.118% | $1.5M | $689K | 10x | as long as short |
| BloFin LITE-USDT | +0.0001% | 8h | 960.07 | +0.076% | $225K | $236K | 20x | as long as short |
| Binance LITEUSDT | +0.0022% | 8h | 960.04 | +0.072% | $12.6M | $46.6M | 25x | as long as short |
| Extended LITE-USD | +0.0024% | 1h | 959.62 | +0.029% | $9K | $212K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 959.71 | +0.038% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.20 | −0.015% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.09 | +0.078% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 959.74 | +0.041% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.70 | +0.037% | $48K | $292K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0053% | 1h | 960.19 | +0.088% | $7.2M | $5.4M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.36 | +0.002% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.64 | +0.031% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 959.90 | +0.058% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.82 | +0.049% | — | — | 10x | as long as short |
| edgeX LITEUSDClong | +0.0701% | 4h | 959.35 | long leg | $70K | $452K | 10x |
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Binance LITEUSDT
Extended LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
tradeXYZ xyz:LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP