Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.056%
Price spread now: Phemex against Deribit+0.048%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.048% dearer against Deribit than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LITE_USDC-PERPETUAL | 965.32 | 0 | get 0.0000% / 1h | 24m 23s | $19K | $37K | 10x |
| Short | Phemex LITEUSDT | 965.78 | 0 | get 0.0000% / 8h | 7h 24m | $1.5M | $682K | 10x |
Deribit LITE_USDC-PERPETUAL
Phemex LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Deribit. 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
- $0
- Price spread: +0.048% → 0.000%
- $4.77
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$14.23
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 4 min ago | 2.74 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Deribit: 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 | −0.470% | $111K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 965.22 | −0.011% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 964.71 | −0.063% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 964.72 | −0.062% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 965.22 | −0.010% | $8.1M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 964.30 | −0.106% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 966.77 | +0.150% | $706 | $207K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.20 | −0.012% | $791 | $4.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUALlong | 0.0000% | 1h | 965.32 | long leg | $19K | $37K | 10x | |
| HTX LITE-USDT | 0.0000% | 8h | 965.61 | +0.030% | $7K | $32K | 20x | as long as short |
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 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDTshort | 0.0000% | 8h | 965.78 | +0.048% | $1.5M | $682K | 10x | |
| BloFin LITE-USDT | +0.0012% | 8h | 965.64 | +0.033% | $224K | $237K | 20x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 964.33 | −0.103% | $1.1M | $5.2M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 965.00 | −0.033% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 964.62 | −0.073% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 964.64 | −0.070% | $75K | $227K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 965.57 | +0.026% | $176K | $155K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 964.85 | −0.049% | $520K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 966.96 | +0.170% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.07 | −0.026% | $938 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 964.81 | −0.052% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0254% | 1h | 965.18 | −0.015% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0286% | 8h | 965.82 | +0.052% | $243K | $141K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0309% | 1h | 964.60 | −0.075% | $7.3M | $5.0M | 10x | as long as short |
| Extended LITE-USD | +0.0392% | 1h | 964.60 | −0.074% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0392% | 8h | 964.77 | −0.057% | $13.9M | $44.2M | 25x | as long as short |
| edgeX LITEUSDC | +0.0534% | 4h | 966.57 | +0.129% | $73K | $462K | 10x | as long as short |
BloFin 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
Variational Omni LITE
tradeXYZ xyz:LITE
Extended LITE-USD
Binance LITEUSDT
edgeX LITEUSDC