Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.008%
Price spread now: Phemex against BloFin+0.071%7-day average +0.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.071%, 7d avg +0.020%
=The price spread pays, funding is against you. Phemex is 0.051% dearer against BloFin than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of +0.020%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LITE-USDT | 950.01 | 0.0024 | pay 0.0024% / 8h | 48m 57s | $215K | $241K | 20x |
| Short | Phemex LITEUSDT | 950.68 | 0 | get 0.0000% / 8h | 48m 57s | $1.5M | $735K | 10x |
BloFin LITE-USDT
Phemex LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$5.07
- Price spread: +0.071% → +0.020%
- $5.08
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$23.99
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 22 min ago; Phemex: live order book, 4 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 BloFin live order book, 22 min ago | 0.10 bp | 10.1 bp −$10 | 15.6 bp −$156 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 3.16 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0256% | 8h | 950.18 | +0.018% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0120% | 1h | 947.41 | −0.274% | $94K | $214K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 950.46 | +0.047% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 950.19 | +0.019% | $18K | $222K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 950.38 | +0.039% | $12.2M | $49.4M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 950.63 | +0.065% | $1.8M | $2.0M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 950.63 | +0.065% | $3.6M | $18.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 950.47 | +0.048% | $8.0M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 948.81 | −0.126% | $260K | $143K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 949.13 | −0.093% | $560 | $194K | 10x | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 950.00 | −0.001% | $968 | $3.7M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 949.15 | −0.091% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTshort | 0.0000% | 8h | 950.68 | +0.071% | $1.5M | $735K | 10x | |
| QFEX LITE-USD | +0.0002% | 1h | 949.37 | −0.067% | $1.1M | $3.7M | 10x | as long as short |
| BloFin LITE-USDTlong | +0.0024% | 8h | 950.01 | long leg | $215K | $241K | 20x | |
| Lighter LITE | +0.0032% | 1h | 950.28 | +0.028% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.82 | −0.125% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.85 | −0.017% | $74K | $229K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.17 | −0.088% | $32K | $351K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 949.61 | −0.042% | $521K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.84 | −0.123% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 949.31 | −0.074% | $923 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 949.15 | −0.091% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0110% | 1h | 949.61 | −0.042% | $23K | $9K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0224% | 1h | 949.61 | −0.042% | $18K | $41K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0252% | 1h | 950.53 | +0.055% | $7.7M | $6.0M | 10x | as long as short |
| edgeX LITEUSDC | +0.0979% | 4h | 948.81 | −0.127% | $63K | $472K | 10x | as long as short |
SunX LITE-USDT
HTX LITE-USDT
QFEX LITE-USD
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
SoDEX LITE-USD
Deribit LITE_USDC-PERPETUAL
tradeXYZ xyz:LITE
edgeX LITEUSDC