Funding you earn now, next payment 08:00 UTC+0.0273%/8h= +29.9% APRnext payment +$2.73 per $10,000 · paid last 24h +0.042%
Price spread now: Binance against OKX+0.029%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$430.430% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 2 days (all we have)−0.048%−$5 · spread now +0.029%, 7d avg −0.012%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.041% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.012%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.73 per $10,000. 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 | OKX LITE-USDT-SWAP | 960.24 | 0 | get 0.0000% / 8h | 6h 15m | $3.8M | $17.6M | 25x |
| Short | Binance LITEUSDT | 960.52 | 0.0273 | get 0.0273% / 8h | 6h 15m | $13.7M | $44.0M | 25x |
OKX LITE-USDT-SWAP
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $57.38
- Price spread: +0.029% → −0.012%
- $4.11
- Slippage, 4 orders
- −$22.98
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $18.51
- Costs to cover
- 0.430%
- Break-even
- 4.7 days
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 11 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 OKX live order book, 3 min ago | 2.19 bp | 10.0 bp −$10 | 15.6 bp −$156 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.88 bp | 11.9 bp −$12 | 22.2 bp −$222 | 81.0 bp −$8,096 | doesn't fit |
LITE on 26 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 | −0.0232% | 1h | 965.50 | +0.548% | $111K | $195K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 961.11 | +0.090% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 960.18 | −0.006% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAPlong | 0.0000% | 8h | 960.24 | long leg | $3.8M | $17.6M | 25x | |
| Gate LITE_USDT | 0.0000% | 8h | 960.77 | +0.055% | $8.0M | $6.0M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 960.27 | +0.003% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.38 | −0.090% | $892 | $192K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.40 | +0.017% | $648 | $3.9M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.68 | +0.046% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 960.47 | +0.024% | $1.5M | $683K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0028% | 1h | 960.13 | −0.011% | $1.1M | $5.0M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 960.24 | 0.000% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.87 | −0.039% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.44 | +0.021% | $75K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.39 | −0.089% | $167K | $165K | 10x | as long as short |
| SoDEX LITE-USD | +0.0078% | 1h | 960.23 | −0.001% | $23K | $10K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 960.36 | +0.012% | $520K | $39K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.36 | −0.092% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 960.44 | +0.021% | $934 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 960.39 | +0.015% | — | — | 10x | as long as short |
| Variational Omni LITE | +0.0154% | 8h | 960.29 | +0.005% | $266K | $147K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0175% | 1h | 960.64 | +0.042% | $7.2M | $5.2M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0219% | 1h | 960.16 | −0.008% | $19K | $37K | 10x | as long as short |
| Extended LITE-USD | +0.0272% | 1h | 960.41 | +0.018% | $10K | $201K | 10x | as long as short |
| Binance LITEUSDTshort | +0.0273% | 8h | 960.52 | +0.029% | $13.7M | $44.0M | 25x | |
| edgeX LITEUSDC | +0.0354% | 4h | 959.35 | −0.093% | $70K | $455K | 10x | as long as short |
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Variational Omni LITE
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUAL
Extended LITE-USD
edgeX LITEUSDC