Funding you earn now, next payment 08:00 UTC−0.0175%/8h= −19.2% APRnext payment −$1.75 per $10,000 · paid last 24h −0.031%
Price spread now: Phemex against Variational Omni+0.077%7-day average +0.039% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.031%−$3 on $10k
+Price spread, last 3 days (all we have)−0.117%−$12 · spread now +0.077%, 7d avg +0.039%
=Together, before fees−0.148%+ Points / potential airdropVariational Omni: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.038% dearer against Variational Omni than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.039%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 3 days (−0.031% in total) that is about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni LITE | 961.32 | 0.0175 | pay 0.0175% / 8h | 6h 25m | $266K | $147K | — |
| Short | Phemex LITEUSDT | 962.06 | 0 | get 0.0000% / 8h | 6h 25m | $1.5M | $683K | 10x |
Variational Omni LITE
Phemex LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Variational Omni. 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
- −$36.8
- Price spread: +0.077% → +0.039%
- $3.83
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$44.97
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 43 min ago; Phemex: live order book, 2 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 Variational Omni RFQ quote, 43 min ago | 2.86 bp | doesn't fit | 37.1 bp −$371 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 4.01 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
LITE on 26 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 | −0.0232% | 1h | 965.50 | +0.435% | $111K | $195K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 961.20 | −0.012% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 960.78 | −0.056% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.80 | −0.054% | $3.8M | $17.7M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 961.30 | −0.002% | $8.0M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 960.75 | −0.059% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 960.25 | −0.111% | $893 | $192K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 961.10 | −0.023% | $537 | $3.9M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.69 | −0.065% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDTshort | 0.0000% | 8h | 962.06 | +0.077% | $1.5M | $683K | 10x |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0028% | 1h | 961.04 | −0.029% | $1.1M | $5.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0031% | 1h | 961.33 | +0.001% | $19K | $37K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 960.76 | −0.058% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 960.68 | −0.066% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 961.21 | −0.011% | $75K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.89 | −0.044% | $168K | $163K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 960.34 | −0.102% | $520K | $39K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.79 | −0.159% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 961.20 | −0.012% | $934 | $3K | 10x | as long as short |
| SoDEX LITE-USD | +0.0104% | 1h | 961.18 | −0.014% | $23K | $10K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 961.24 | −0.008% | — | — | 10x | as long as short |
| Variational Omni LITElong | +0.0175% | 8h | 961.32 | long leg | $266K | $147K | — | |
| tradeXYZ xyz:LITE | +0.0180% | 1h | 960.82 | −0.052% | $7.2M | $5.2M | 10x | as long as short |
| edgeX LITEUSDC | +0.0245% | 4h | 960.75 | −0.059% | $70K | $453K | 10x | as long as short |
| Binance LITEUSDT | +0.0293% | 8h | 960.69 | −0.065% | $13.7M | $44.0M | 25x | as long as short |
| Extended LITE-USD | +0.0296% | 1h | 960.43 | −0.092% | $10K | $201K | 10x | as long as short |
QFEX LITE-USD
Deribit LITE_USDC-PERPETUAL
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
SoDEX LITE-USD
Aevo LITE-PERP
tradeXYZ xyz:LITE
edgeX LITEUSDC
Binance LITEUSDT
Extended LITE-USD