Funding you earn now, next payment 05:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.045%
Price spread now: tradeXYZ against QFEX+0.044%7-day average −0.055% · 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−$28as in the Price arb table
costs, in and out, $10k−$380.376% of the position
Funding, last 4 days (all we have)+0.045%+$5 on $10k
+Price spread, last 7 days−0.122%−$12 · spread now +0.044%, 7d avg −0.055%
=Together, before fees−0.076%+ Points / potential airdroptradeXYZ: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.099% dearer against QFEX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LITE-USD | 949.18 | −0.0002 | get 0.0000% / 1h | 16m 36s | $1.1M | $3.5M | 10x |
| Short | tradeXYZ xyz:LITE | 949.60 | 0.0050 | get 0.0006% / 1h | 16m 36s | $7.2M | $5.6M | 10x |
QFEX LITE-USD
tradeXYZ xyz:LITEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.87
- Price spread: +0.044% → −0.055%
- $9.95
- Slippage, 4 orders
- −$9.6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$16.79
- Costs to cover
- 0.376%
- Break-even
- 17.8 days
Slippage from QFEX: live order book, 7 min ago; tradeXYZ: live order book, 12 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 | 1.26 bp | 7.4 bp −$7 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 12 min ago | 0.89 bp | 12.0 bp −$12 | 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 | −0.0224% | 1h | 957.73 | +0.901% | $101K | $203K | 10x | as long as short |
| Bitget LITEUSDT | −0.0191% | 8h | 949.33 | +0.016% | $2.6M | $3.0M | 20x | as long as short |
| QFEX LITE-USDlong | −0.0002% | 1h | 949.18 | long leg | $1.1M | $3.5M | 10x | |
| Aster LITEUSDT | 0.0000% | 8h | 949.69 | +0.054% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 949.04 | −0.015% | $18K | $215K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 949.61 | +0.045% | $12.3M | $47.2M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 949.22 | +0.004% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 949.99 | +0.085% | $3.7M | $17.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 949.90 | +0.076% | $7.9M | $6.3M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 949.92 | +0.078% | $261K | $154K | — | as long as short |
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 949.58 | +0.042% | $304 | $184K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 948.90 | −0.029% | $867 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 947.62 | −0.164% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 949.26 | +0.008% | $1.5M | $701K | 10x | as long as short |
| BloFin LITE-USDT | +0.0004% | 8h | 949.02 | −0.017% | $221K | $234K | 20x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0014% | 1h | 948.54 | −0.067% | $18K | $39K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 948.13 | −0.111% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.72 | −0.048% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITEshort | +0.0050% | 1h | 949.60 | +0.044% | $7.2M | $5.6M | 10x | |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.35 | +0.018% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 948.16 | −0.107% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.00 | −0.019% | $34K | $314K | 10x | as long as short |
| edgeX LITEUSDC | +0.0072% | 4h | 949.99 | +0.086% | $64K | $456K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 948.65 | −0.056% | $521K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 947.97 | −0.127% | $16K | $267K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 948.84 | −0.036% | $922 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 948.55 | −0.066% | — | — | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Deribit LITE_USDC-PERPETUAL
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
edgeX LITEUSDC
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP