Funding you earn now, next payment 12:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.051%
Price spread now: QFEX against tradeXYZ−0.085%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$400.400% of the position
Funding, last 4 days (all we have)−0.056%−$6 on $10k
+Price spread, last 7 days+0.119%+$12 · spread now −0.085%, 7d avg +0.056%
=Together, before fees+0.063%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.141% cheaper against tradeXYZ than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 945.76 | 0.0050 | pay 0.0006% / 1h | 44m 11s | $7.7M | $5.1M | 10x |
| Short | QFEX LITE-USD | 944.96 | 0.0000 | pay 0.0000% / 1h | 44m 11s | $1.1M | $3.7M | 10x |
tradeXYZ xyz:LITE
QFEX LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$10.57
- Price spread: −0.085% → +0.056%
- −$14.06
- Slippage, 4 orders
- −$12.05
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$64.68
- Costs to cover
- 0.400%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; QFEX: live order book, 7 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 | 0.79 bp | 12.1 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.90 bp | 9.3 bp −$9 | 15.3 bp −$153 | doesn't fit | doesn't fit |
LITE on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USDshort | 0.0000% | 1h | 944.96 | −0.085% | $1.1M | $3.7M | 10x | |
| Aster LITEUSDT | 0.0000% | 8h | 945.80 | +0.004% | $106K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 945.32 | −0.047% | $45K | $267K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 945.53 | −0.024% | $12.0M | $51.6M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 944.95 | −0.086% | $1.7M | $2.2M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 945.68 | −0.008% | $3.5M | $18.9M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 945.39 | −0.039% | $2.5M | $3.4M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 944.83 | −0.098% | $260K | $119K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 945.30 | −0.049% | $904 | $3.4M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 945.69 | −0.007% | $7K | $30K | 20x | as long as short |
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
Variational Omni LITE
SunX LITE-USDT
HTX LITE-USDTShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 945.95 | +0.020% | $1.5M | $751K | 10x | as long as short |
| BloFin LITE-USDT | +0.0016% | 8h | 945.01 | −0.079% | $217K | $260K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 945.48 | −0.030% | $27K | $104K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | +0.0040% | 1h | 950.35 | +0.485% | $122K | $164K | 10x | as long as short |
| Gate LITE_USDT | +0.0042% | 8h | 945.88 | +0.013% | $8.0M | $6.5M | 50x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 945.40 | −0.038% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0050% | 1h | 945.76 | long leg | $7.7M | $5.1M | 10x | |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 945.77 | +0.001% | $68K | $237K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 945.32 | −0.047% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 944.91 | −0.090% | $32K | $363K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0057% | 1h | 946.09 | +0.035% | $18K | $38K | 10x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 945.63 | −0.014% | $919 | $3K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 945.52 | −0.025% | $517K | $277K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 945.21 | −0.058% | $16K | $267K | 50x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 945.42 | −0.036% | — | — | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0382% | 8h | 945.60 | −0.017% | $530 | $190K | 10x | as long as short |
| edgeX LITEUSDC | +0.0978% | 4h | 944.94 | −0.086% | $61K | $492K | 10x | as long as short |
Phemex LITEUSDT
BloFin LITE-USDT
Lighter LITE
Coinbase International LITE-PERP-INTX
Gate LITE_USDT
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
Deribit LITE_USDC-PERPETUAL
Orderly PERP_LITE_USDC_mythos
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Aevo LITE-PERP
GRVT LITE_USDT_Perp
edgeX LITEUSDC