Funding you earn now, next payment 01:00 UTC−0.0392%/8h= −42.9% APRpaid last 24h −0.008%
Price spread now: Phemex against Extended+0.122%7-day average +0.056% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 3 days (all we have)−0.119%−$12 · spread now +0.122%, 7d avg +0.056%
=Together, before fees−0.226%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.066% dearer against Extended than usual: you sell high and buy low (spread +0.122% now, against its 7-day average of +0.056%): +$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 (−0.107% in total) that is about 4.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.107% in total (about -5.6% 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 | Extended LITE-USD | 964.60 | 0.0392 | pay 0.0049% / 1h | 24m 17s | $9K | $209K | 10x |
| Short | Phemex LITEUSDT | 965.78 | 0 | get 0.0000% / 8h | 7h 24m | $1.5M | $682K | 10x |
Extended LITE-USD
Phemex LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Extended. 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
- −$82.32
- Price spread: +0.122% → +0.056%
- $6.58
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$92.74
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 48 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 Extended live order book, 48 min ago | 1.40 bp | 10.8 bp −$11 | 91.2 bp −$912 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.74 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0096% | 1h | 960.78 | −0.397% | $111K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 965.22 | +0.064% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 964.71 | +0.011% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 964.72 | +0.012% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 965.22 | +0.064% | $8.1M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 964.30 | −0.032% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 966.77 | +0.224% | $706 | $207K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.20 | +0.062% | $791 | $4.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 965.32 | +0.074% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 965.61 | +0.104% | $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
Deribit LITE_USDC-PERPETUAL
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 | +0.122% | $1.5M | $682K | 10x | |
| BloFin LITE-USDT | +0.0012% | 8h | 965.64 | +0.107% | $224K | $237K | 20x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 964.33 | −0.028% | $1.1M | $5.2M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 965.00 | +0.041% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 964.62 | +0.002% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 964.64 | +0.004% | $75K | $227K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 965.57 | +0.100% | $176K | $155K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 964.85 | +0.025% | $520K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 966.96 | +0.244% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.07 | +0.048% | $938 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 964.81 | +0.022% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0254% | 1h | 965.18 | +0.060% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0286% | 8h | 965.82 | +0.126% | $243K | $141K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0309% | 1h | 964.60 | 0.000% | $7.3M | $5.0M | 10x | as long as short |
| Extended LITE-USDlong | +0.0392% | 1h | 964.60 | long leg | $9K | $209K | 10x | |
| Binance LITEUSDT | +0.0392% | 8h | 964.77 | +0.017% | $13.9M | $44.2M | 25x | as long as short |
| edgeX LITEUSDC | +0.0534% | 4h | 966.57 | +0.204% | $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
Binance LITEUSDT
edgeX LITEUSDC