Funding you earn now, next payment 04:00 UTC−0.0394%/8h= −43.1% APRpaid last 24h −0.124%
Price spread now: Binance against edgeX+0.076%50s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as 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−$520.520% of the position
Funding, last 7 days−0.213%−$21 on $10k
+Price spread, last 2 days (all we have)−0.024%−$2 · spread now +0.076%, 7d avg +0.011%
=Together, before fees−0.237%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.065% dearer against edgeX than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.011%): +$7 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.213% in total) that is about 2.1 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.213% in total (about -11.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX LITEUSDC | 964.95 | 0.0813 | pay 0.0406% / 4h | 3h 48m | $73K | $463K | 10x |
| Short | Binance LITEUSDT | 965.69 | 0.0419 | get 0.0419% / 8h | 7h 48m | $13.8M | $44.3M | 25x |
edgeX LITEUSDC
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$82.64
- Price spread: +0.076% → +0.011%
- $6.55
- Slippage, 4 orders
- −$33.01
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$128.11
- Costs to cover
- 0.520%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 25 min ago; Binance: live order book, 8 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 edgeX live order book, 25 min ago | 5.05 bp | 16.7 bp −$17 | 19.5 bp −$195 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.50 bp | 12.9 bp −$13 | 25.1 bp −$251 | 106.0 bp −$10.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0096% | 1h | 960.78 | −0.432% | $111K | $221K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 965.66 | +0.073% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 965.18 | +0.024% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 965.28 | +0.034% | $3.8M | $18.0M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 965.43 | +0.050% | $2.8M | $2.8M | 20x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.90 | +0.098% | $960 | $4.1M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 966.12 | +0.121% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 966.12 | +0.121% | $1.5M | $683K | 10x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 965.62 | +0.069% | $1.1M | $5.3M | 10x | as long as short |
| BloFin LITE-USDT | +0.0027% | 8h | 965.86 | +0.094% | $223K | $237K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest LITE-USD-PERP | +0.0046% | 1h | 965.23 | +0.029% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 965.84 | +0.092% | $75K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 965.86 | +0.094% | $176K | $154K | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0055% | 8h | 964.83 | −0.013% | $598 | $222K | 10x | as long as short |
| Gate LITE_USDT | +0.0065% | 8h | 966.07 | +0.116% | $8.1M | $5.8M | 50x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 965.05 | +0.010% | $521K | $39K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 964.08 | −0.090% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 966.09 | +0.118% | $939 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 965.11 | +0.016% | — | — | 10x | as long as short |
| Lighter LITE | +0.0168% | 1h | 965.51 | +0.058% | $27K | $101K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0237% | 1h | 965.79 | +0.087% | $19K | $37K | 10x | as long as short |
| Variational Omni LITE | +0.0314% | 8h | 964.85 | −0.011% | $243K | $141K | — | as long as short |
| Binance LITEUSDTshort | +0.0419% | 8h | 965.69 | +0.076% | $13.8M | $44.3M | 25x | |
| tradeXYZ xyz:LITE | +0.0420% | 1h | 965.91 | +0.099% | $7.3M | $5.0M | 10x | as long as short |
| Extended LITE-USD | +0.0424% | 1h | 965.56 | +0.063% | $9K | $209K | 10x | as long as short |
| SoDEX LITE-USD | +0.0539% | 1h | 965.59 | +0.066% | $23K | $10K | 10x | as long as short |
| edgeX LITEUSDClong | +0.0813% | 4h | 964.95 | long leg | $73K | $463K | 10x |
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
GRVT LITE_USDT_Perp
Gate LITE_USDT
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Lighter LITE
Deribit LITE_USDC-PERPETUAL
Variational Omni LITE
tradeXYZ xyz:LITE
Extended LITE-USD
SoDEX LITE-USD