LITE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0239%/8h= −26.2% APRnext payment −$2.39 per $10,000 · paid last 24h +0.007%

Price spread now: Bitget against GRVT−0.080%113s7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as 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−$530.526% of the position

Long on GRVT Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 3 days (all we have)−0.149%−$15 · spread now −0.080%, 7d avg −0.042%

Together, before fees−0.153%+ Points / potential airdropGRVT: Active · farm board−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.038% cheaper against GRVT than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.042%). Swap the legs. The two prices were read 113 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 7 days it paid -0.005% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.39 per $10,000. 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	GRVT LITE_USDT_Perp	960.32	0.0239	pay 0.0239% / 8h	57m 37s	$663	$236K	10x
Short	Bitget LITEUSDT	959.55	0	get 0.0000% / 8h	57m 37s	$2.8M	$3.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee BitgetbpOrdersPrice spread, now −0.080%Rate

Funding earned: −$50.19
Price spread: −0.080% → −0.042%: −$3.85
Slippage, 4 orders: −$31.64
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$106.68
Costs to cover: 0.526%
Break-even: never at this rate

Slippage from GRVT: live order book, 20 min ago; Bitget: 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 GRVT live order book, 20 min ago	2.14 bp	10.9 bp −$11	24879.4 bp −$248.8K	338648.2 bp −$33.86M	doesn't fit
Sell Bitget live order book, 5 min ago	0.99 bp	15.1 bp −$15	24.7 bp −$247	57.7 bp −$5,774	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	−0.0064%	1h	958.20	−0.221%	$115K	$244K	10x	as long as short
Aster LITEUSDT	0.0000%	8h	960.15	−0.018%	$108K	$17K	20x	as long as short
Bybit LITEUSDT	0.0000%	8h	959.84	−0.050%	$1.9M	$1.8M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	959.48	−0.087%	$3.8M	$18.0M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	960.24	−0.008%	$8.0M	$6.2M	50x	as long as short
Bitget LITEUSDTshort	0.0000%	8h	959.55	−0.080%	$2.8M	$3.1M	20x
Variational Omni LITE	0.0000%	8h	960.30	−0.003%	$241K	$142K	—	as long as short
SunX LITE-USDT	0.0000%	8h	959.90	−0.044%	$612	$4.2M	10x	as long as short
HTX LITE-USDT	0.0000%	8h	960.13	−0.020%	$7K	$31K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	960.44	+0.013%	$1.5M	$686K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin LITE-USDT	+0.0026%	8h	959.62	−0.073%	$176K	$235K	20x	as long as short
Lighter LITE	+0.0032%	1h	959.90	−0.044%	$27K	$102K	10x	as long as short
QFEX LITE-USD	+0.0033%	1h	959.63	−0.072%	$1.1M	$5.3M	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	959.50	−0.085%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	960.01	−0.032%	$30K	$489K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	959.46	−0.090%	$175K	$160K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	959.85	−0.049%	$517K	$38K	20x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	959.99	−0.034%	$933	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	960.01	−0.032%	—	—	10x	as long as short
Extended LITE-USD	+0.0120%	1h	959.64	−0.071%	$9K	$209K	10x	as long as short
Binance LITEUSDT	+0.0122%	8h	959.83	−0.051%	$13.7M	$45.2M	25x	as long as short
ApeX Omni LITEUSDT	+0.0131%	1h	959.96	−0.037%	$16K	$265K	50x	as long as short
SoDEX LITE-USD	+0.0158%	1h	959.77	−0.057%	$23K	$10K	10x	as long as short
GRVT LITE_USDT_Perplong	+0.0239%	8h	960.32	long leg	$663	$236K	10x
Deribit LITE_USDC-PERPETUAL	+0.0261%	1h	959.93	−0.041%	$19K	$36K	10x	as long as short
edgeX LITEUSDC	+0.0283%	4h	959.83	−0.051%	$70K	$458K	10x	as long as short
tradeXYZ xyz:LITE	+0.0307%	1h	960.17	−0.016%	$7.2M	$5.1M	10x	as long as short