Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.055%
Price spread now: SunX against tradeXYZ−0.016%7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1501.498% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.016%, 7d avg +0.071%
=Together, before fees−0.054%+ Points / potential airdroptradeXYZ: Active · farm board−$5 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 SunX is 0.087% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.071%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 953.85 | 0.0050 | pay 0.0006% / 1h | 42m 38s | $7.2M | $5.5M | 10x |
| Short | SunX LITE-USDT | 953.70 | 0 | get 0.0000% / 8h | 3h 42m | $829 | $3.8M | 10x |
tradeXYZ xyz:LITE
SunX LITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$10.5
- Price spread: −0.016% → +0.071%
- −$8.7
- Slippage, 4 orders
- −$123.77
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$168.96
- Costs to cover
- 1.498%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; SunX: live order book, 5 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, 6 min ago | 1.20 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 45.02 bp | 63.6 bp −$64 | 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 | −0.0224% | 1h | 957.73 | +0.407% | $101K | $203K | 10x | as long as short |
| QFEX LITE-USD | −0.0002% | 1h | 953.59 | −0.027% | $1.1M | $3.8M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 954.42 | +0.059% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 953.25 | −0.063% | $17K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 953.73 | −0.012% | $12.4M | $46.8M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 953.95 | +0.010% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 954.10 | +0.026% | $3.7M | $17.4M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 954.19 | +0.036% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 953.98 | +0.014% | $2.6M | $2.9M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 954.69 | +0.088% | $261K | $153K | — | as long as short |
Coinbase International LITE-PERP-INTX
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
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 | 954.44 | +0.062% | $296 | $185K | 10x | as long as short |
| SunX LITE-USDTshort | 0.0000% | 8h | 953.70 | −0.016% | $829 | $3.8M | 10x | |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 953.42 | −0.045% | $18K | $39K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 951.14 | −0.284% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 954.27 | +0.044% | $1.5M | $691K | 10x | as long as short |
| BloFin LITE-USDT | +0.0024% | 8h | 954.06 | +0.022% | $222K | $234K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 953.31 | −0.057% | $23K | $103K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 953.40 | −0.047% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0050% | 1h | 953.85 | long leg | $7.2M | $5.5M | 10x | |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 953.91 | +0.006% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 953.66 | −0.020% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 953.48 | −0.039% | $34K | $305K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 953.79 | −0.006% | $523K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 954.14 | +0.030% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 953.94 | +0.009% | $927 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 953.78 | −0.007% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0875% | 4h | 954.73 | +0.092% | $66K | $454K | 10x | as long as short |
GRVT LITE_USDT_Perp
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
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