Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Phemex−0.039%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Funding pays, the price is against you. Orderly is 0.039% cheaper against Phemex than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 960.94 | 0 | get 0.0000% / 8h | 6h 22m | $1.5M | $682K | 10x |
| Short | Orderly PERP_LITE_USDC_mythos | 960.57 | 0.0100 | get 0.0100% / 8h | 6h 22m | $934 | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $21
- Price spread: −0.039% → 0.000%
- −$3.85
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$0.85
- Costs to cover
- 0.180%
- Break-even
- 7.3 days
Slippage unknown: Phemex: live order book, 1 min ago; Orderly: 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, 1 min ago | 1.40 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 26 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 | +0.475% | $111K | $195K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 961.40 | +0.048% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 960.60 | −0.035% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.73 | −0.022% | $3.8M | $17.7M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 961.15 | +0.022% | $8.0M | $6.0M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 960.37 | −0.059% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 960.58 | −0.037% | $893 | $192K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.60 | −0.035% | $728 | $3.9M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.37 | −0.059% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 960.94 | long leg | $1.5M | $682K | 10x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0028% | 1h | 960.31 | −0.066% | $1.1M | $5.0M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 960.43 | −0.053% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.75 | −0.124% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.60 | −0.035% | $75K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.35 | −0.165% | $168K | $163K | 10x | as long as short |
| SoDEX LITE-USD | +0.0084% | 1h | 960.45 | −0.051% | $23K | $10K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 960.26 | −0.071% | $519K | $39K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 960.38 | −0.058% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythosshort | +0.0100% | 8h | 960.57 | −0.039% | $934 | $3K | 10x | |
| Aevo LITE-PERP | +0.0104% | 1h | 960.67 | −0.028% | — | — | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0156% | 1h | 960.48 | −0.048% | $19K | $37K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0174% | 1h | 960.78 | −0.017% | $7.2M | $5.2M | 10x | as long as short |
| Variational Omni LITE | +0.0175% | 8h | 961.32 | +0.039% | $266K | $147K | — | as long as short |
| Binance LITEUSDT | +0.0286% | 8h | 960.48 | −0.048% | $13.7M | $44.0M | 25x | as long as short |
| Extended LITE-USD | +0.0288% | 1h | 960.33 | −0.063% | $10K | $201K | 10x | as long as short |
| edgeX LITEUSDC | +0.0637% | 4h | 960.58 | −0.037% | $70K | $454K | 10x | as long as short |
Phemex LITEUSDT
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
HTX LITE-USDT
Lighter LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Deribit LITE_USDC-PERPETUAL
tradeXYZ xyz:LITE
Variational Omni LITE
Binance LITEUSDT
Extended LITE-USD
edgeX LITEUSDC