Settings8H · net · $10k
Funding arb · Price arb /

LITE

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0207%/8h= −22.7% APRpaid last 24h −0.054%
Price spread now: Gate against tradeXYZ+0.035%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$540.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 7 days+0.126%+$13 · spread now +0.035%, 7d avg +0.126%
Together, before fees+0.053%+ Points / potential airdroptradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.091% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.126%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:LITE959.330.0207pay 0.0026% / 1h30m 09s$7.1M$5.4M10x
ShortGate LITE_USDT959.670get 0.0000% / 8h5h 30m$8.0M$6.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against tradeXYZ. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$43.51
Price spread: +0.035% → +0.126%
−$9.09
Slippage, 4 orders
−$21.26
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$106.86
Costs to cover
0.543%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; Gate: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 8 min ago0.05 bp12.4 bp −$1219.5 bp −$195doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago3.60 bp15.8 bp −$1650.8 bp −$50863.2 bp −$6,318doesn't fit

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LITE-PERP-INTX−0.0144%1h957.56−0.185%$106K$198K10xas long as short
Aster LITEUSDT0.0000%8h960.07+0.077%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h959.23−0.010%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h959.28−0.005%$3.8M$17.6M25xas long as short
Gate LITE_USDTshort0.0000%8h959.67+0.035%$8.0M$6.2M50x
Bitget LITEUSDT0.0000%8h959.09−0.025%$2.6M$3.0M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h958.96−0.039%$307$187K10xas long as short
SunX LITE-USDT0.0000%8h959.00−0.034%$830$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h959.02−0.032%$19K$37K10xas long as short
HTX LITE-USDT0.0000%8h959.73+0.042%$7K$32K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex LITEUSDT0.0000%8h959.37+0.004%$1.5M$688K10xas long as short
QFEX LITE-USD+0.0008%1h958.85−0.050%$1.1M$4.8M10xas long as short
BloFin LITE-USDT+0.0028%8h958.97−0.038%$225K$236K20xas long as short
Lighter LITE+0.0032%1h959.05−0.029%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h958.77−0.058%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h959.27−0.006%$74K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h959.05−0.029%$23K$9K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h959.05−0.029%$71K$268K10xas long as short
Variational Omni LITE+0.0059%8h958.77−0.059%$266K$147Kas long as short
KuCoin LITEUSDTM+0.0100%8h958.98−0.036%$526K$42K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h958.36−0.101%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h959.19−0.015%$932$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.08−0.026%10xas long as short
Binance LITEUSDT+0.0149%8h959.25−0.008%$12.7M$46.7M25xas long as short
Extended LITE-USD+0.0152%1h958.99−0.035%$13K$202K10xas long as short
tradeXYZ xyz:LITElong+0.0207%1h959.33long leg$7.1M$5.4M10x
edgeX LITEUSDC+0.0982%4h958.56−0.080%$69K$455K10xas long as short