Funding you earn now, next payment 03:00 UTC−0.0178%/8h= −19.5% APRpaid last 24h −0.046%
Price spread now: BloFin against tradeXYZ−0.081%88s7-day average +0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as 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−$420.423% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.081%, 7d avg +0.087%
=Together, before fees+0.057%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.169% cheaper against tradeXYZ than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.087%). Swap the legs. The two prices were read 88 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 | 960.35 | 0.0181 | pay 0.0023% / 1h | 1m 44s | $7.2M | $5.4M | 10x |
| Short | BloFin LITE-USDT | 959.57 | 0.0002 | get 0.0002% / 8h | 5h 01m | $224K | $236K | 20x |
tradeXYZ xyz:LITE
BloFin LITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$37.48
- Price spread: −0.081% → +0.087%
- −$16.85
- Slippage, 4 orders
- −$12.25
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$96.58
- Costs to cover
- 0.423%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; BloFin: live order book, 37 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, 7 min ago | 0.31 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 min ago | 2.35 bp | 10.4 bp −$10 | 16.1 bp −$161 | 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 | −0.0144% | 1h | 957.73 | −0.273% | $101K | $203K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.30 | −0.006% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 960.12 | −0.024% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.19 | −0.017% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.66 | +0.032% | $8.1M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.37 | −0.102% | $2.6M | $2.9M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 960.08 | −0.028% | $288 | $186K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.20 | −0.016% | $1K | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 959.97 | −0.040% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.09 | −0.027% | $7K | $32K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 960.48 | +0.014% | $1.5M | $687K | 10x | as long as short |
| Variational Omni LITE | +0.0001% | 8h | 959.52 | −0.086% | $266K | $147K | — | as long as short |
| BloFin LITE-USDTshort | +0.0002% | 8h | 959.57 | −0.081% | $224K | $236K | 20x | |
| QFEX LITE-USD | +0.0008% | 1h | 959.70 | −0.068% | $1.1M | $4.5M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 960.10 | −0.026% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.86 | −0.051% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.13 | −0.023% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 959.88 | −0.049% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.16 | −0.020% | $71K | $270K | 10x | as long as short |
| Binance LITEUSDT | +0.0064% | 8h | 960.29 | −0.006% | $12.7M | $46.6M | 25x | as long as short |
| Extended LITE-USD | +0.0064% | 1h | 960.09 | −0.027% | $13K | $207K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.70 | −0.068% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 960.11 | −0.025% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 959.85 | −0.052% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.69 | −0.069% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0123% | 4h | 959.71 | −0.067% | $69K | $453K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0181% | 1h | 960.35 | long leg | $7.2M | $5.4M | 10x |
Phemex LITEUSDT
Variational Omni LITE
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
Binance LITEUSDT
Extended LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC