Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.035%
Price spread now: Binance against BloFin−0.132%111s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$440.435% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.132%, 7d avg −0.026%
=Funding pays, the price is against you. Binance is 0.107% cheaper against BloFin than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of −0.026%). If the spread goes back, that is −$11 on $10k: about 13 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.017% in total) that is about 44 days. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LITE-USDT | 947.05 | −0.0027 | get 0.0027% / 8h | 2h 47m | $221K | $235K | 20x |
| Short | Binance LITEUSDT | 945.80 | 0 | get 0.0000% / 8h | 2h 47m | $12.2M | $47.8M | 25x |
BloFin LITE-USDT
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $5.77
- Price spread: −0.132% → −0.026%
- −$10.69
- Slippage, 4 orders
- −$21.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$48.42
- Costs to cover
- 0.435%
- Break-even
- 65.7 days
Slippage from BloFin: live order book, 34 min ago; Binance: live order book, 10 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 BloFin live order book, 34 min ago | 0.53 bp | 12.8 bp −$13 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.58 bp | 10.6 bp −$11 | 34.3 bp −$343 | 92.9 bp −$9,292 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0566% | 8h | 945.49 | −0.165% | $2.6M | $3.0M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.46 | −0.062% | $99K | $202K | 10x | as long as short |
| BloFin LITE-USDTlong | −0.0027% | 8h | 947.05 | long leg | $221K | $235K | 20x | |
| QFEX LITE-USD | 0.0000% | 1h | 945.79 | −0.133% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 945.83 | −0.129% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 945.61 | −0.152% | $14K | $215K | 10x | as long as short |
| Binance LITEUSDTshort | 0.0000% | 8h | 945.80 | −0.132% | $12.2M | $47.8M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 945.95 | −0.116% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 945.73 | −0.139% | $3.7M | $17.7M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 946.11 | −0.099% | $7.9M | $6.3M | 50x | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 947.67 | +0.066% | $260K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 947.84 | +0.083% | $806 | $191K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.20 | +0.016% | $857 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 947.03 | −0.002% | $18K | $39K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 947.77 | +0.076% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 947.70 | +0.069% | $1.5M | $707K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 946.00 | −0.111% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 945.70 | −0.143% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 946.05 | −0.106% | $73K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 947.05 | 0.000% | $32K | $327K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 946.09 | −0.101% | $520K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 947.69 | +0.068% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 945.63 | −0.150% | $919 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 945.36 | −0.178% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0122% | 1h | 945.70 | −0.143% | $7.2M | $5.6M | 10x | as long as short |
| SoDEX LITE-USD | +0.0480% | 1h | 947.08 | +0.003% | $23K | $9K | 10x | as long as short |
| edgeX LITEUSDC | +0.0874% | 4h | 947.01 | −0.004% | $62K | $461K | 10x | as long as short |
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
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
Aevo LITE-PERP
tradeXYZ xyz:LITE
SoDEX LITE-USD
edgeX LITEUSDC