Settings8H · net · $10k
Funding arb · Price arb /

LITE

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.010%
Price spread now: GRVT against QFEX+0.031%57s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.371% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.012%−$1 on $10k
Price spread, last 3 days (all we have)+0.216%+$22 · spread now +0.031%, 7d avg +0.017%
Together, before fees+0.204%+ Points / potential airdropGRVT: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX LITE-USD957.540.0018pay 0.0002% / 1h21m 47s$1.1M$5.1M10x
ShortGRVT LITE_USDT_Perp957.840get 0.0000% / 8h2h 21m$709$254K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
−$3.86
Price spread: +0.031% → +0.017%
$1.43
Slippage, 4 orders
−$18.08
Fee QFEX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$39.51
Costs to cover
0.371%
Break-even
never at this rate
Slippage from QFEX: live order book, 7 min ago; GRVT: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 7 min ago1.31 bp6.9 bp −$711.9 bp −$119doesn't fitdoesn't fit
Sell GRVT live order book, 65 min ago1.73 bp7.2 bp −$7doesn't fitdoesn't fitdoesn't fit

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LITE-USDT−0.0004%8h957.91+0.039%$223K$235K20xas long as short
Aster LITEUSDT0.0000%8h957.08−0.048%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h957.54−0.001%$9K$209K10xas long as short
Binance LITEUSDT0.0000%8h957.65+0.011%$13.7M$45.2M25xas long as short
Bybit LITEUSDT0.0000%8h957.64+0.010%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h957.76+0.023%$3.8M$17.9M25xas long as short
Gate LITE_USDT0.0000%8h957.98+0.046%$8.0M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h957.25−0.030%$2.7M$3.0M20xas long as short
Variational Omni LITE0.0000%8h957.97+0.045%$241K$143Kas long as short
GRVT LITE_USDT_Perpshort0.0000%8h957.84+0.031%$709$254K10x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX LITE-USDT0.0000%8h957.50−0.004%$925$4.2M10xas long as short
HTX LITE-USDT0.0000%8h957.87+0.034%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h958.20+0.069%$1.5M$687K10xas long as short
QFEX LITE-USDlong+0.0018%1h957.54long leg$1.1M$5.1M10x
Lighter LITE+0.0032%1h957.51−0.003%$27K$103K10xas long as short
Vest LITE-USD-PERP+0.0046%1h956.93−0.064%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h957.50−0.004%$31K$484K10xas long as short
SoDEX LITE-USD+0.0050%1h957.53−0.001%$23K$10K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h957.65+0.011%$174K$157K10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0095%1h957.52−0.002%$18K$36K10xas long as short
KuCoin LITEUSDTM+0.0100%8h957.17−0.039%$516K$38K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h957.70+0.017%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h957.71+0.018%$931$3K10xas long as short
Aevo LITE-PERP+0.0104%1h957.45−0.010%10xas long as short
Coinbase International LITE-PERP-INTX+0.0120%1h956.59−0.099%$118K$337K10xas long as short
tradeXYZ xyz:LITE+0.0249%1h958.27+0.076%$7.2M$5.1M10xas long as short
edgeX LITEUSDC+0.0776%4h957.28−0.027%$68K$458K10xas long as short