Funding you earn now, next payment 04:00 UTC−0.0126%/8h= −13.8% APRpaid last 24h −0.055%
Price spread now: Phemex against tradeXYZ+0.015%7-day average +0.106% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.015%, 7d avg +0.106%
=Together, before fees−0.127%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Phemex is 0.092% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.106%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 960.07 | 0.0126 | pay 0.0016% / 1h | 37m 45s | $7.2M | $5.4M | 10x |
| Short | Phemex LITEUSDT | 960.21 | 0 | get 0.0000% / 8h | 4h 37m | $1.5M | $689K | 10x |
tradeXYZ xyz:LITE
Phemex LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$26.41
- Price spread: +0.015% → +0.106%
- −$9.18
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$65.59
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 11 min ago; Phemex: live order book, 5 min ago. Net counts fees only.
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 | 0.89 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 1.82 bp | doesn't fit | doesn't fit | 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 | −0.0152% | 1h | 957.73 | −0.244% | $101K | $203K | 10x | as long as short |
| BloFin LITE-USDT | −0.0012% | 8h | 959.98 | −0.009% | $224K | $236K | 20x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 959.72 | −0.036% | $1.1M | $4.2M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.05 | −0.002% | $108K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 959.38 | −0.072% | $9K | $210K | 10x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 959.73 | −0.035% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.90 | −0.018% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.11 | +0.004% | $8.1M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.70 | −0.039% | $2.6M | $2.9M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 960.10 | +0.003% | $266K | $147K | — | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
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 | 960.21 | +0.014% | $326 | $185K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 959.50 | −0.059% | $600 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 959.39 | −0.071% | $19K | $38K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 959.82 | −0.026% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDTshort | 0.0000% | 8h | 960.21 | +0.015% | $1.5M | $689K | 10x | |
| Binance LITEUSDT | 0.0000% | 8h | 959.65 | −0.044% | $12.6M | $46.6M | 25x | as long as short |
| Lighter LITE | +0.0032% | 1h | 959.24 | −0.086% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.71 | −0.037% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 959.91 | −0.017% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 959.34 | −0.076% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.72 | +0.068% | $48K | $292K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.18 | −0.093% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 960.30 | +0.024% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 959.40 | −0.070% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.14 | −0.097% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0126% | 1h | 960.07 | long leg | $7.2M | $5.4M | 10x | |
| edgeX LITEUSDC | +0.0192% | 4h | 960.39 | +0.033% | $70K | $450K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Binance LITEUSDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC