Funding you earn now, next payment 12:00 UTC−0.0353%/8h= −38.7% APRpaid last 24h −0.120%
Price spread now: QFEX against edgeX−0.055%57s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$450.447% of the position
Funding, last 4 days (all we have)−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)−0.116%−$12 · spread now −0.055%, 7d avg −0.002%
=Together, before fees−0.162%+ Points / potential airdropedgeX: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and QFEX is 0.053% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.002%). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.046% in total (about -4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX LITEUSDC | 947.76 | 0.0353 | pay 0.0176% / 4h | 50m 32s | $63K | $489K | 10x |
| Short | QFEX LITE-USD | 947.24 | 0.0000 | pay 0.0000% / 1h | 50m 32s | $1.1M | $3.8M | 10x |
edgeX LITEUSDC
QFEX LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$74.2
- Price spread: −0.055% → −0.002%
- −$5.32
- Slippage, 4 orders
- −$25.66
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$124.17
- Costs to cover
- 0.447%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 56 min ago; QFEX: live order book, 6 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, 56 min ago | 2.95 bp | 7.7 bp −$8 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 2.01 bp | 7.7 bp −$8 | 12.8 bp −$128 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USDshort | 0.0000% | 1h | 947.24 | −0.055% | $1.1M | $3.8M | 10x | |
| Aster LITEUSDT | 0.0000% | 8h | 946.33 | −0.151% | $106K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 946.41 | −0.143% | $45K | $245K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 946.99 | −0.081% | $12.1M | $51.5M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 946.61 | −0.121% | $1.7M | $2.2M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 946.82 | −0.099% | $3.5M | $18.9M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 946.49 | −0.134% | $2.6M | $3.4M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 946.56 | −0.126% | $260K | $119K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 946.80 | −0.101% | $690 | $3.4M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 946.09 | −0.176% | $18K | $38K | 10x | as long as short |
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
Variational Omni LITE
SunX LITE-USDT
Deribit LITE_USDC-PERPETUALShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 946.48 | −0.135% | $7K | $30K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 947.38 | −0.040% | $1.5M | $750K | 10x | as long as short |
| BloFin LITE-USDT | +0.0006% | 8h | 946.88 | −0.093% | $217K | $259K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 946.15 | −0.170% | $27K | $104K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | +0.0040% | 1h | 950.35 | +0.273% | $122K | $167K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 947.09 | −0.071% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 946.53 | −0.130% | $7.7M | $4.9M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 946.74 | −0.107% | $68K | $233K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 946.09 | −0.176% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 945.96 | −0.190% | $32K | $362K | 10x | as long as short |
| Gate LITE_USDT | +0.0067% | 8h | 947.14 | −0.065% | $8.0M | $6.5M | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 946.18 | −0.167% | $920 | $3K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 945.87 | −0.199% | $517K | $268K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 947.12 | −0.067% | $16K | $267K | 50x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 946.03 | −0.182% | — | — | 10x | as long as short |
| edgeX LITEUSDClong | +0.0353% | 4h | 947.76 | long leg | $63K | $489K | 10x | |
| GRVT LITE_USDT_Perp | +0.0457% | 8h | 947.66 | −0.010% | $379 | $190K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Lighter LITE
Coinbase International LITE-PERP-INTX
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