Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: Phemex against Vest+0.057%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Phemex is 0.057% dearer against Vest than usual: you sell high and buy low (spread +0.057% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest LITE-USD-PERP | 965.64 | 0.0046 | pay 0.0006% / 1h | 31m 01s | — | $3K | 10x |
| Short | Phemex LITEUSDT | 966.19 | 0 | get 0.0000% / 8h | 7h 31m | $1.5M | $682K | 10x |
Vest LITE-USD-PERP
Phemex LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Vest. 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
- −$9.59
- Price spread: +0.057% → 0.000%
- $5.7
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$17.9
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 2.12 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0096% | 1h | 960.78 | −0.503% | $111K | $212K | 10x | as long as short |
| BloFin LITE-USDT | −0.0002% | 8h | 965.54 | −0.010% | $224K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 965.76 | +0.012% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 966.00 | +0.037% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 965.65 | +0.001% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 966.17 | +0.055% | $8.1M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 965.55 | −0.009% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 964.73 | −0.094% | $743 | $209K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.90 | +0.027% | $509 | $4.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 965.46 | −0.019% | $19K | $37K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUALShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 965.98 | +0.035% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTshort | 0.0000% | 8h | 966.19 | +0.057% | $1.5M | $682K | 10x | |
| QFEX LITE-USD | +0.0014% | 1h | 965.67 | +0.003% | $1.1M | $5.2M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 965.68 | +0.004% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERPlong | +0.0046% | 1h | 965.64 | long leg | — | $3K | 10x | |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 965.64 | 0.000% | $75K | $227K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 965.81 | +0.018% | $175K | $154K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 965.45 | −0.020% | $521K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 964.33 | −0.136% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.52 | −0.012% | $938 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 965.72 | +0.009% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0253% | 1h | 965.68 | +0.004% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0296% | 8h | 965.66 | +0.002% | $243K | $141K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0336% | 1h | 966.00 | +0.037% | $7.3M | $5.0M | 10x | as long as short |
| Binance LITEUSDT | +0.0397% | 8h | 965.84 | +0.021% | $13.9M | $44.3M | 25x | as long as short |
| Extended LITE-USD | +0.0400% | 1h | 965.57 | −0.007% | $9K | $209K | 10x | as long as short |
| edgeX LITEUSDC | +0.0876% | 4h | 964.63 | −0.105% | $73K | $464K | 10x | as long as short |
HTX LITE-USDT
QFEX LITE-USD
Lighter LITE
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
Variational Omni LITE
tradeXYZ xyz:LITE
Binance LITEUSDT
Extended LITE-USD
edgeX LITEUSDC