Funding you earn now, next payment 10:00 UTC−0.0435%/8h= −47.6% APRpaid last 24h −0.061%
Price spread now: OKX against tradeXYZ+0.067%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 7 days+0.074%+$7 · spread now +0.067%, 7d avg +0.105%
=Together, before fees+0.031%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and OKX is 0.038% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.105%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.2% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 943.16 | 0.0435 | pay 0.0054% / 1h | 57m 25s | $7.6M | $5.7M | 10x |
| Short | OKX LITE-USDT-SWAP | 943.79 | 0 | get 0.0000% / 8h | 6h 57m | $3.6M | $18.7M | 25x |
tradeXYZ xyz:LITE
OKX LITE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$91.32
- Price spread: +0.067% → +0.105%
- −$3.82
- Slippage, 4 orders
- −$13.36
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$136.5
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; OKX: live order book, 1 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, 11 min ago | 1.22 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.23 bp | 9.3 bp −$9 | 15.1 bp −$151 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX LITEUSDC | −0.0025% | 4h | 943.19 | +0.003% | $60K | $482K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0016% | 1h | 940.46 | −0.286% | $93K | $136K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 943.23 | +0.007% | $106K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 943.01 | −0.016% | $45K | $249K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 943.22 | +0.006% | $12.0M | $50.9M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 942.98 | −0.019% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAPshort | 0.0000% | 8h | 943.79 | +0.067% | $3.6M | $18.7M | 25x | |
| Bitget LITEUSDT | 0.0000% | 8h | 943.26 | +0.011% | $2.6M | $3.2M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 942.24 | −0.097% | $258K | $139K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 943.90 | +0.078% | $749 | $3.5M | 10x | as long as short |
edgeX LITEUSDC
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
Bitget LITEUSDT
Variational Omni LITE
SunX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 942.84 | −0.034% | $7K | $30K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 943.68 | +0.055% | $1.5M | $744K | 10x | as long as short |
| QFEX LITE-USD | +0.0008% | 1h | 943.59 | +0.046% | $1.1M | $3.9M | 10x | as long as short |
| BloFin LITE-USDT | +0.0021% | 8h | 943.20 | +0.004% | $214K | $250K | 20x | as long as short |
| Gate LITE_USDT | +0.0044% | 8h | 944.13 | +0.103% | $7.9M | $6.5M | 50x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 943.43 | +0.029% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 943.38 | +0.023% | $73K | $220K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 943.98 | +0.087% | $32K | $362K | 10x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 943.06 | −0.011% | $917 | $3K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 942.26 | −0.095% | $515K | $127K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 942.71 | −0.048% | $16K | $267K | 50x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 942.81 | −0.038% | — | — | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0116% | 8h | 942.81 | −0.037% | $783 | $192K | 10x | as long as short |
| Lighter LITE | +0.0272% | 1h | 942.93 | −0.024% | $26K | $102K | 10x | as long as short |
| SoDEX LITE-USD | +0.0276% | 1h | 943.49 | +0.035% | $23K | $9K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0435% | 1h | 943.16 | long leg | $7.6M | $5.7M | 10x | |
| Deribit LITE_USDC-PERPETUAL | +0.0811% | 1h | 943.24 | +0.008% | $18K | $41K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDT
Gate LITE_USDT
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
Orderly PERP_LITE_USDC_mythos
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Aevo LITE-PERP
GRVT LITE_USDT_Perp
Lighter LITE
SoDEX LITE-USD
Deribit LITE_USDC-PERPETUAL