Funding you earn now, next payment 07:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.009%
Price spread now: Phemex against QFEX+0.130%7-day average +0.047% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.130%, 7d avg +0.047%
=The price spread pays, funding is against you. Phemex is 0.083% dearer against QFEX than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.047%): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 24 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LITE-USD | 948.65 | 0.0012 | pay 0.0001% / 1h | 5m 23s | $1.1M | $3.7M | 10x |
| Short | Phemex LITEUSDT | 949.88 | 0 | get 0.0000% / 8h | 1h 05m | $1.5M | $733K | 10x |
QFEX LITE-USD
Phemex LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$2.44
- Price spread: +0.130% → +0.047%
- $8.3
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$16.13
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 3 min ago; Phemex: live order book, 3 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 QFEX live order book, 3 min ago | 1.32 bp | 7.4 bp −$7 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 3.64 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0373% | 8h | 949.05 | +0.042% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | −0.211% | $92K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 949.85 | +0.126% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 949.45 | +0.085% | $14K | $220K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 949.28 | +0.067% | $12.2M | $49.4M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 949.51 | +0.091% | $1.7M | $1.9M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 949.33 | +0.072% | $3.6M | $18.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 949.68 | +0.109% | $7.9M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 949.45 | +0.084% | $260K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 948.74 | +0.009% | $778 | $195K | 10x | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 949.60 | +0.100% | $1K | $3.7M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 949.77 | +0.118% | $18K | $40K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 949.20 | +0.058% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTshort | 0.0000% | 8h | 949.88 | +0.130% | $1.5M | $733K | 10x | |
| BloFin LITE-USDT | +0.0010% | 8h | 948.74 | +0.009% | $214K | $240K | 20x | as long as short |
| QFEX LITE-USDlong | +0.0012% | 1h | 948.65 | long leg | $1.1M | $3.7M | 10x | |
| Lighter LITE | +0.0032% | 1h | 949.70 | +0.111% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.29 | −0.038% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.36 | +0.075% | $74K | $229K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 948.18 | −0.050% | $32K | $349K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 949.19 | +0.057% | $521K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.72 | +0.007% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 949.67 | +0.108% | $923 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 949.39 | +0.078% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0142% | 1h | 949.47 | +0.086% | $7.7M | $5.9M | 10x | as long as short |
| SoDEX LITE-USD | +0.0175% | 1h | 949.08 | +0.045% | $23K | $9K | 10x | as long as short |
| edgeX LITEUSDC | +0.0280% | 4h | 948.42 | −0.024% | $63K | $472K | 10x | as long as short |
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
SoDEX LITE-USD
edgeX LITEUSDC