Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.019%
Price spread now: QFEX against Orderly−0.021%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.021% cheaper against Orderly than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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 | Orderly PERP_LITE_USDC_mythos | 960.34 | 0.0100 | pay 0.0100% / 8h | 47m 28s | $933 | $3K | 10x |
| Short | QFEX LITE-USD | 960.14 | 0.0033 | get 0.0004% / 1h | 47m 28s | $1.1M | $5.3M | 10x |
Orderly PERP_LITE_USDC_mythos
QFEX LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Orderly. 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
- −$14.08
- Price spread: −0.021% → 0.000%
- −$2.08
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$32.16
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; QFEX: live order book, 6 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 Orderly no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 6 min ago | 0.68 bp | 5.7 bp −$6 | 9.2 bp −$92 | doesn't fit | doesn't fit |
Orderly: 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 | −0.0064% | 1h | 958.20 | −0.223% | $115K | $234K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.34 | 0.000% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 959.97 | −0.039% | $1.9M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.59 | +0.026% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.99 | +0.068% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.85 | −0.051% | $2.8M | $3.1M | 20x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.10 | −0.025% | $766 | $4.2M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.40 | +0.006% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 960.65 | +0.032% | $1.5M | $684K | 10x | as long as short |
| BloFin LITE-USDT | +0.0029% | 8h | 960.31 | −0.003% | $176K | $235K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USDshort | +0.0033% | 1h | 960.14 | −0.021% | $1.1M | $5.3M | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.54 | −0.083% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.26 | −0.008% | $30K | $489K | 10x | as long as short |
| Variational Omni LITE | +0.0050% | 8h | 960.00 | −0.036% | $241K | $142K | — | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.05 | −0.030% | $175K | $160K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 960.02 | −0.033% | $517K | $38K | 20x | as long as short |
| Orderly PERP_LITE_USDC_mythoslong | +0.0100% | 8h | 960.34 | long leg | $933 | $3K | 10x | |
| Aevo LITE-PERP | +0.0104% | 1h | 960.36 | +0.002% | — | — | 10x | as long as short |
| Extended LITE-USD | +0.0184% | 1h | 960.12 | −0.023% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0192% | 8h | 960.37 | +0.004% | $13.8M | $45.1M | 25x | as long as short |
| Lighter LITE | +0.0248% | 1h | 960.33 | −0.001% | $27K | $102K | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0312% | 8h | 960.47 | +0.014% | $355 | $234K | 10x | as long as short |
| SoDEX LITE-USD | +0.0366% | 1h | 960.18 | −0.017% | $23K | $10K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0448% | 1h | 960.10 | −0.025% | $19K | $36K | 10x | as long as short |
| ApeX Omni LITEUSDT | +0.0496% | 1h | 960.02 | −0.033% | $16K | $265K | 50x | as long as short |
| tradeXYZ xyz:LITE | +0.0510% | 1h | 960.79 | +0.047% | $7.2M | $5.0M | 10x | as long as short |
| edgeX LITEUSDC | +0.0594% | 4h | 960.24 | −0.010% | $70K | $460K | 10x | as long as short |
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Variational Omni LITE
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
Aevo LITE-PERP
Extended LITE-USD
Binance LITEUSDT
Lighter LITE
GRVT LITE_USDT_Perp
SoDEX LITE-USD
Deribit LITE_USDC-PERPETUAL
ApeX Omni LITEUSDT
tradeXYZ xyz:LITE
edgeX LITEUSDC