LITE

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.030%

Price spread now: Coinbase International against QFEX+0.321%7-day average −0.229% · 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+$15as in the Price arb table

costs, in and out, $10k−$410.405% of the position

Long on QFEX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.207%−$21 on $10k

Price spread, last 4 days (all we have)−0.398%−$40 · spread now +0.321%, 7d avg −0.229%

Together, before fees−0.605%−$61 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.550% dearer against QFEX than usual: you sell high and buy low (spread +0.321% now, against its 7-day average of −0.229%): +$55 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX LITE-USD	947.31	0.0040	pay 0.0005% / 1h	29m 42s	$1.1M	$3.7M	10x
Short	Coinbase International LITE-PERP-INTX	950.35	−0.0056	pay 0.0007% / 1h	29m 42s	$122K	$169K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.321%Rate

Funding earned: −$20.06
Price spread: +0.321% → −0.229%: $55.04
Slippage, 4 orders: −$20.52
Fee QFEX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$5.55
Costs to cover: 0.405%
Break-even: from the start

Slippage from QFEX: live order book, 7 min ago; Coinbase International: live order book, 16 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, 7 min ago	1.64 bp	6.6 bp −$7	13.8 bp −$138	doesn't fit	doesn't fit
Sell Coinbase International live order book, 16 min ago	7.86 bp	12.9 bp −$13	20.9 bp −$209	doesn't fit	doesn't fit

LITE on 27 exchanges

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
Deribit LITE_USDC-PERPETUAL	−0.0857%	1h	947.22	−0.010%	$18K	$40K	10x	as long as short
Coinbase International LITE-PERP-INTXshort	−0.0056%	1h	950.35	+0.321%	$122K	$169K	10x
Aster LITEUSDT	0.0000%	8h	946.82	−0.051%	$106K	$30K	20x	as long as short
Extended LITE-USD	0.0000%	1h	947.35	+0.004%	$46K	$246K	10x	as long as short
Binance LITEUSDT	0.0000%	8h	947.75	+0.046%	$12.1M	$51.7M	25x	as long as short
Bybit LITEUSDT	0.0000%	8h	947.42	+0.012%	$1.8M	$2.1M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	947.79	+0.051%	$3.5M	$19.0M	25x	as long as short
Bitget LITEUSDT	0.0000%	8h	947.35	+0.004%	$2.6M	$3.4M	20x	as long as short
Variational Omni LITE	0.0000%	8h	947.49	+0.019%	$260K	$129K	—	as long as short
SunX LITE-USDT	0.0000%	8h	947.60	+0.031%	$649	$3.5M	10x	as long as short

Show all 27 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX LITE-USDT	0.0000%	8h	947.83	+0.055%	$7K	$30K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	948.14	+0.088%	$1.5M	$748K	10x	as long as short
BloFin LITE-USDT	+0.0013%	8h	947.62	+0.033%	$216K	$257K	20x	as long as short
Lighter LITE	+0.0032%	1h	948.22	+0.096%	$26K	$102K	10x	as long as short
QFEX LITE-USDlong	+0.0040%	1h	947.31	long leg	$1.1M	$3.7M	10x
Vest LITE-USD-PERP	+0.0046%	1h	947.47	+0.017%	—	$3K	10x	as long as short
tradeXYZ xyz:LITE	+0.0050%	1h	948.56	+0.132%	$7.7M	$5.5M	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	947.44	+0.014%	$70K	$228K	10x	as long as short
SoDEX LITE-USD	+0.0050%	1h	947.56	+0.026%	$23K	$9K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	947.66	+0.037%	$32K	$363K	10x	as long as short
Gate LITE_USDT	+0.0084%	8h	948.36	+0.111%	$8.0M	$6.6M	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	947.50	+0.020%	$921	$3K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	947.28	−0.003%	$518K	$226K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	947.15	−0.017%	$16K	$267K	50x	as long as short
Aevo LITE-PERP	+0.0104%	1h	947.25	−0.006%	—	—	10x	as long as short
GRVT LITE_USDT_Perp	+0.0356%	8h	947.71	+0.042%	$360	$192K	10x	as long as short
edgeX LITEUSDC	+0.0649%	4h	947.14	−0.018%	$63K	$490K	10x	as long as short