Funding you earn now, next payment 06:00 UTC−0.0098%/8h= −10.8% APRpaid last 24h +0.065%
Price spread now: Deribit against Phemex−0.074%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$3 a day on $10k at the current rate, and Deribit is 0.074% cheaper against Phemex than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 947.43 | 0 | get 0.0000% / 8h | 2h 52m | $1.5M | $706K | 10x |
| Short | Deribit LITE_USDC-PERPETUAL | 946.73 | −0.0098 | pay 0.0012% / 1h | 52m 30s | $18K | $39K | 10x |
Phemex LITEUSDT
Deribit LITE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$20.67
- Price spread: −0.074% → 0.000%
- −$7.39
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$47.06
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, just now; Deribit: no order-book sample. 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, just now | 4.01 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0575% | 8h | 947.60 | +0.018% | $2.6M | $3.0M | 20x | as long as short |
| Deribit LITE_USDC-PERPETUALshort | −0.0098% | 1h | 946.73 | −0.074% | $18K | $39K | 10x | |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.46 | −0.102% | $99K | $202K | 10x | as long as short |
| BloFin LITE-USDT | −0.0015% | 8h | 946.43 | −0.106% | $221K | $235K | 20x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 947.92 | +0.052% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 947.97 | +0.057% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 947.46 | +0.003% | $14K | $220K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 947.98 | +0.058% | $12.2M | $47.7M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 947.93 | +0.053% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 948.23 | +0.084% | $3.7M | $17.8M | 25x | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LITE_USDT | 0.0000% | 8h | 948.72 | +0.136% | $7.9M | $6.3M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 946.52 | −0.096% | $260K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 944.43 | −0.316% | $434 | $187K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 946.90 | −0.056% | $687 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 947.32 | −0.012% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 947.43 | long leg | $1.5M | $706K | 10x | |
| Lighter LITE | +0.0032% | 1h | 947.48 | +0.005% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 946.14 | −0.136% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 947.27 | −0.017% | $73K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 945.95 | −0.156% | $32K | $326K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 947.27 | −0.017% | $521K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 944.45 | −0.315% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 946.96 | −0.050% | $920 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 946.90 | −0.056% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0163% | 1h | 948.03 | +0.063% | $7.2M | $5.6M | 10x | as long as short |
| SoDEX LITE-USD | +0.0596% | 1h | 946.69 | −0.078% | $23K | $9K | 10x | as long as short |
| edgeX LITEUSDC | +0.0620% | 4h | 945.79 | −0.173% | $61K | $460K | 10x | as long as short |
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
SoDEX LITE-USD
edgeX LITEUSDC