Funding you earn now, next payment 08:00 UTC−0.0670%/8h= −73.4% APRnext payment −$6.70 per $10,000 · paid last 24h +0.007%
Price spread now: Bitget against Phemex−0.069%7-day average −0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.069%, 7d avg −0.066%
=The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.114%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.70 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 | Phemex LITEUSDT | 943.68 | 0 | get 0.0000% / 8h | 1h 36m | $1.5M | $723K | 10x |
| Short | Bitget LITEUSDT | 943.03 | −0.0670 | pay 0.0670% / 8h | 1h 36m | $2.6M | $3.1M | 20x |
Phemex LITEUSDT
Bitget LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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
- −$140.7
- Price spread: −0.069% → −0.066%
- −$0.29
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$164.99
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; Bitget: live order book, 1 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 Phemex live order book, 1 min ago | 4.29 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.45 bp | 18.0 bp −$18 | 32.5 bp −$325 | 63.7 bp −$6,369 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDTshort | −0.0670% | 8h | 943.03 | −0.069% | $2.6M | $3.1M | 20x | |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | +0.315% | $92K | $212K | 10x | as long as short |
| BloFin LITE-USDT | −0.0018% | 8h | 942.77 | −0.096% | $216K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 942.69 | −0.105% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 942.51 | −0.124% | $14K | $220K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 942.73 | −0.101% | $12.0M | $49.2M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 942.80 | −0.093% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 942.99 | −0.073% | $3.6M | $18.2M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 943.47 | −0.022% | $7.9M | $6.4M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 943.38 | −0.031% | $259K | $154K | — | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 943.70 | +0.002% | $859 | $195K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 943.20 | −0.051% | $762 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 943.45 | −0.024% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 943.68 | long leg | $1.5M | $723K | 10x | |
| QFEX LITE-USD | +0.0012% | 1h | 942.78 | −0.095% | $1.1M | $3.5M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 942.76 | −0.097% | $24K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 942.74 | −0.100% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 942.70 | −0.104% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 942.62 | −0.112% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 943.60 | −0.008% | $32K | $347K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0082% | 1h | 942.88 | −0.085% | $7.5M | $5.8M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 942.93 | −0.079% | $517K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 943.79 | +0.012% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 943.03 | −0.069% | $917 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 942.75 | −0.099% | — | — | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0153% | 1h | 942.91 | −0.082% | $18K | $40K | 10x | as long as short |
| edgeX LITEUSDC | +0.0172% | 4h | 942.90 | −0.083% | $60K | $470K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
QFEX 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
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC