Funding you earn now, next payment 03:00 UTC+0.0182%/8h= +19.9% APRpaid last 24h +0.054%
Price spread now: tradeXYZ against Phemex−0.036%7-day average −0.108% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.036%, 7d avg −0.108%
=Together, before fees+0.254%+ Points / potential airdroptradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.071% dearer against Phemex than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.108%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 960.48 | 0 | get 0.0000% / 8h | 5h 02m | $1.5M | $687K | 10x |
| Short | tradeXYZ xyz:LITE | 960.13 | 0.0182 | get 0.0023% / 1h | 2m 05s | $7.2M | $5.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $38.17
- Price spread: −0.036% → −0.108%
- $7.13
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $15.29
- Costs to cover
- 0.300%
- Break-even
- 4.2 days
Slippage unknown: Phemex: live order book, 1 min ago; tradeXYZ: 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 Phemex live order book, 1 min ago | 2.03 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.31 bp | 10.2 bp −$10 | doesn't fit | 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 | −0.0144% | 1h | 957.73 | −0.286% | $101K | $203K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.21 | −0.028% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 960.16 | −0.033% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.40 | −0.008% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.53 | +0.005% | $8.1M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.37 | −0.116% | $2.6M | $2.9M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 960.08 | −0.042% | $288 | $186K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.20 | −0.029% | $1K | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 959.97 | −0.053% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.09 | −0.041% | $7K | $32K | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDTlong | 0.0000% | 8h | 960.48 | long leg | $1.5M | $687K | 10x | |
| Variational Omni LITE | +0.0001% | 8h | 959.52 | −0.100% | $266K | $147K | — | as long as short |
| BloFin LITE-USDT | +0.0002% | 8h | 959.57 | −0.095% | $224K | $236K | 20x | as long as short |
| QFEX LITE-USD | +0.0008% | 1h | 959.70 | −0.081% | $1.1M | $4.5M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 960.19 | −0.030% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.86 | −0.065% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.13 | −0.036% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 959.88 | −0.062% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.09 | −0.145% | $71K | $268K | 10x | as long as short |
| Extended LITE-USD | +0.0064% | 1h | 960.03 | −0.047% | $13K | $207K | 10x | as long as short |
| Binance LITEUSDT | +0.0065% | 8h | 960.22 | −0.027% | $12.7M | $46.6M | 25x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.51 | −0.101% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 960.11 | −0.039% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 959.85 | −0.066% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.69 | −0.083% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0123% | 4h | 959.71 | −0.080% | $69K | $453K | 10x | as long as short |
| tradeXYZ xyz:LITEshort | +0.0182% | 1h | 960.13 | −0.036% | $7.2M | $5.4M | 10x |
Phemex LITEUSDT
tradeXYZ xyz:LITE
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-USDT
Variational Omni LITE
BloFin LITE-USDT
Lighter LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
Extended LITE-USD
Binance LITEUSDT
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
edgeX LITEUSDC