Funding you earn now, next payment 02:00 UTC+0.0261%/8h= +28.5% APRpaid last 24h +0.031%
Price spread now: Binance against QFEX+0.010%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 3 days (all we have)+0.025%+$2 on $10k
+Price spread, last 2 days (all we have)+0.023%+$2 · spread now +0.010%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.025% in total (about 2.6% a year). A funding rate is set anew for every payment. 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 | QFEX LITE-USD | 960.18 | 0.0028 | pay 0.0003% / 1h | 23m 25s | $1.1M | $5.0M | 10x |
| Short | Binance LITEUSDT | 960.28 | 0.0288 | get 0.0288% / 8h | 6h 23m | $13.7M | $44.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- $54.74
- Price spread: +0.010% → +0.011%
- −$0.11
- Slippage, 4 orders
- −$18.16
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $16.47
- Costs to cover
- 0.382%
- Break-even
- 4.9 days
Slippage from QFEX: live order book, 5 min ago; Binance: live order book, 4 min ago.
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 QFEX live order book, 5 min ago | 1.87 bp | 8.4 bp −$8 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.88 bp | 11.9 bp −$12 | 22.2 bp −$222 | 81.0 bp −$8,096 | doesn't fit |
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 | +0.554% | $111K | $195K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.82 | +0.067% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 960.23 | +0.005% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.36 | +0.019% | $3.8M | $17.7M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.56 | +0.040% | $8.0M | $6.0M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.92 | −0.027% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 960.58 | +0.042% | $893 | $192K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.10 | −0.008% | $552 | $3.9M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 959.81 | −0.039% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.37 | +0.020% | $7K | $32K | 20x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 961.00 | +0.085% | $1.5M | $683K | 10x | as long as short |
| QFEX LITE-USDlong | +0.0028% | 1h | 960.18 | long leg | $1.1M | $5.0M | 10x | |
| Lighter LITE | +0.0032% | 1h | 960.25 | +0.007% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.65 | −0.055% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.15 | −0.003% | $75K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.35 | −0.086% | $168K | $163K | 10x | as long as short |
| SoDEX LITE-USD | +0.0084% | 1h | 960.14 | −0.004% | $23K | $10K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 960.00 | −0.019% | $519K | $39K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 960.38 | +0.021% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 960.18 | 0.000% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 960.21 | +0.003% | — | — | 10x | as long as short |
| Variational Omni LITE | +0.0175% | 8h | 961.32 | +0.118% | $266K | $147K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0176% | 1h | 960.16 | −0.002% | $7.2M | $5.2M | 10x | as long as short |
| Extended LITE-USD | +0.0288% | 1h | 960.01 | −0.018% | $10K | $201K | 10x | as long as short |
| Binance LITEUSDTshort | +0.0288% | 8h | 960.28 | +0.010% | $13.7M | $44.0M | 25x | |
| edgeX LITEUSDC | +0.0637% | 4h | 960.58 | +0.042% | $70K | $454K | 10x | as long as short |
Binance 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
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Variational Omni LITE
tradeXYZ xyz:LITE
Extended LITE-USD
edgeX LITEUSDC