Funding you earn now, next payment 01:00 UTC+0.0222%/8h= +24.3% APRpaid last 24h +0.115%
Price spread now: edgeX against tradeXYZ+0.193%46s7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as 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−$490.491% of the position
Funding, last 7 days+0.223%+$22 on $10k
+Price spread, last 3 days (all we have)−0.020%−$2 · spread now +0.193%, 7d avg +0.076%
=Together, before fees+0.202%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and edgeX is 0.117% dearer against tradeXYZ than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.076%. The two prices were read 46 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 | 964.71 | 0.0312 | pay 0.0039% / 1h | 24m 35s | $7.3M | $5.0M | 10x |
| Short | edgeX LITEUSDC | 966.57 | 0.0534 | get 0.0267% / 4h | 3h 24m | $73K | $462K | 10x |
tradeXYZ xyz:LITE
edgeX LITEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $46.62
- Price spread: +0.193% → +0.076%
- $11.71
- Slippage, 4 orders
- −$22.09
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $9.23
- Costs to cover
- 0.491%
- Break-even
- 5.6 days
Slippage from tradeXYZ: live order book, 4 min ago; edgeX: live order book, 49 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, 4 min ago | 0.05 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 49 min ago | 5.05 bp | 12.7 bp −$13 | 15.4 bp −$154 | 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 | −0.0096% | 1h | 960.78 | −0.407% | $111K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 965.55 | +0.088% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 964.66 | −0.005% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 964.49 | −0.023% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 964.86 | +0.016% | $8.1M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 964.47 | −0.025% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 966.77 | +0.213% | $706 | $207K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.20 | +0.051% | $791 | $4.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 965.32 | +0.063% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 965.61 | +0.093% | $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 | 965.78 | +0.111% | $1.5M | $682K | 10x | as long as short |
| BloFin LITE-USDT | +0.0012% | 8h | 965.64 | +0.096% | $224K | $237K | 20x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 964.33 | −0.039% | $1.1M | $5.2M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 965.00 | +0.030% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 964.62 | −0.009% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 965.16 | +0.047% | $75K | $227K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 965.57 | +0.089% | $176K | $155K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 965.20 | +0.051% | $521K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 966.96 | +0.233% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.36 | +0.067% | $938 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 965.32 | +0.064% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0254% | 1h | 965.18 | +0.049% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0286% | 8h | 965.82 | +0.115% | $243K | $141K | — | as long as short |
| tradeXYZ xyz:LITElong | +0.0312% | 1h | 964.71 | long leg | $7.3M | $5.0M | 10x | |
| Extended LITE-USD | +0.0392% | 1h | 964.60 | −0.011% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0392% | 8h | 964.82 | +0.012% | $13.9M | $44.2M | 25x | as long as short |
| edgeX LITEUSDCshort | +0.0534% | 4h | 966.57 | +0.193% | $73K | $462K | 10x |
Phemex LITEUSDT
BloFin LITE-USDT
QFEX LITE-USD
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
SoDEX LITE-USD
Variational Omni LITE
Extended LITE-USD
Binance LITEUSDT