Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.025%
Price spread now: ApeX Omni against tradeXYZ+0.154%85s7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.633% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now +0.154%, 7d avg +0.065%
=Together, before fees+0.255%+ Points / potential airdroptradeXYZ: Active · farm board+$25 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 ApeX Omni is 0.089% dearer against tradeXYZ than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.065%. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 937.48 | 0.0050 | pay 0.0006% / 1h | 36m 08s | $7.6M | $5.7M | 10x |
| Short | ApeX Omni LITEUSDT | 938.92 | 0.0100 | get 0.0013% / 1h | 36m 08s | $16K | $266K | 50x |
tradeXYZ xyz:LITE
ApeX Omni LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against tradeXYZ. 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
- $10.5
- Price spread: +0.154% → +0.065%
- $8.9
- Slippage, 4 orders
- −$35.29
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$43.89
- Costs to cover
- 0.633%
- Break-even
- 36.3 days
Slippage from tradeXYZ: live order book, 12 min ago; ApeX Omni: live order book, 61 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 tradeXYZ live order book, 12 min ago | 2.02 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 61 min ago | 8.21 bp | 19.4 bp −$19 | 180.0 bp −$1,800 | 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 | −0.0112% | 1h | 946.24 | +0.934% | $93K | $215K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0091% | 1h | 937.01 | −0.050% | $18K | $41K | 10x | as long as short |
| Bitget LITEUSDT | −0.0078% | 8h | 937.69 | +0.022% | $2.6M | $3.1M | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 938.83 | +0.144% | $105K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 937.10 | −0.040% | $45K | $249K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 937.57 | +0.010% | $12.0M | $49.9M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 937.60 | +0.013% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 937.28 | −0.021% | $3.5M | $18.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 938.07 | +0.063% | $7.8M | $6.4M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 939.61 | +0.227% | $258K | $139K | — | as long as short |
Coinbase International LITE-PERP-INTX
Deribit LITE_USDC-PERPETUAL
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 | 938.72 | +0.133% | $451 | $191K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 937.00 | −0.051% | $844 | $3.6M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 937.33 | −0.016% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 938.48 | +0.107% | $1.5M | $742K | 10x | as long as short |
| BloFin LITE-USDT | +0.0011% | 8h | 938.29 | +0.086% | $215K | $243K | 20x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 936.44 | −0.111% | $1.1M | $3.9M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 937.50 | +0.002% | $24K | $102K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 936.92 | −0.060% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0050% | 1h | 937.48 | long leg | $7.6M | $5.7M | 10x | |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 937.45 | −0.003% | $73K | $220K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 937.42 | −0.006% | $22K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 937.61 | +0.014% | $33K | $355K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 938.43 | +0.101% | $515K | $84K | 20x | as long as short |
| ApeX Omni LITEUSDTshort | +0.0100% | 1h | 938.92 | +0.154% | $16K | $266K | 50x | |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 937.77 | +0.031% | $912 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 937.67 | +0.020% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0455% | 4h | 939.51 | +0.217% | $58K | $478K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC