Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Phemex+0.076%119s7-day average −0.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 3 days (all we have)−0.082%−$8 · spread now +0.076%, 7d avg −0.020%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.096% dearer against Phemex than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.020%. The two prices were read 119 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 | Phemex LITEUSDT | 962.02 | 0 | get 0.0000% / 8h | 6h 46m | $1.5M | $683K | 10x |
| Short | BloFin LITE-USDT | 962.75 | 0.0023 | get 0.0023% / 8h | 6h 46m | $227K | $236K | 20x |
Phemex LITEUSDT
BloFin LITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.75
- Price spread: +0.076% → −0.020%
- $9.62
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$9.63
- Costs to cover
- 0.240%
- Break-even
- 21.2 days
Slippage unknown: Phemex: live order book, 1 min ago; BloFin: live order book, 14 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 | 6.29 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 0.57 bp | 10.1 bp −$10 | 14.8 bp −$148 | 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 | −0.0232% | 1h | 965.50 | +0.362% | $111K | $195K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 963.04 | +0.106% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 961.93 | −0.009% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 962.20 | +0.019% | $3.8M | $17.8M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 961.95 | −0.007% | $8.1M | $5.8M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 961.93 | −0.009% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 962.78 | +0.079% | $298 | $197K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 961.70 | −0.033% | $807 | $3.9M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 961.01 | −0.105% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 962.84 | +0.085% | $7K | $32K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDTlong | 0.0000% | 8h | 962.02 | long leg | $1.5M | $683K | 10x | |
| BloFin LITE-USDTshort | +0.0023% | 8h | 962.75 | +0.076% | $227K | $236K | 20x | |
| QFEX LITE-USD | +0.0028% | 1h | 961.05 | −0.101% | $1.1M | $5.1M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 961.93 | −0.009% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 961.19 | −0.086% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 961.43 | −0.061% | $75K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 961.67 | −0.036% | $23K | $10K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.95 | −0.111% | $168K | $165K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 961.72 | −0.031% | $519K | $39K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 962.71 | +0.072% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 961.35 | −0.070% | $934 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 961.50 | −0.054% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0186% | 1h | 962.18 | +0.017% | $7.2M | $5.1M | 10x | as long as short |
| Variational Omni LITE | +0.0226% | 8h | 962.74 | +0.075% | $242K | $142K | — | as long as short |
| Binance LITEUSDT | +0.0329% | 8h | 962.11 | +0.009% | $13.8M | $43.9M | 25x | as long as short |
| Extended LITE-USD | +0.0336% | 1h | 961.81 | −0.022% | $10K | $202K | 10x | as long as short |
| edgeX LITEUSDC | +0.0870% | 4h | 962.60 | +0.061% | $71K | $454K | 10x | as long as short |
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
Variational Omni LITE
Binance LITEUSDT
Extended LITE-USD
edgeX LITEUSDC