Settings8H · net · $10k
Funding arb · Price arb /

LITE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0728%/8h= +79.7% APRpaid last 24h +0.166%
Price spread now: edgeX against OKX−0.064%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$510.507% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.234%+$23 on $10k
Price spread, last 3 days (all we have)+0.211%+$21 · spread now −0.064%, 7d avg −0.014%
Together, before fees+0.445%+ Points / potential airdropedgeX: Active · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.050% cheaper against OKX than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.014%). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.234% in total) that is about 36 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.234% in total (about 12.2% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LITE-USDT-SWAP966.170get 0.0000% / 8h7h 47m$3.8M$18.0M25x
ShortedgeX LITEUSDC965.550.0728get 0.0364% / 4h3h 47m$73K$464K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$152.88
Price spread: −0.064% → −0.014%
−$5.01
Slippage, 4 orders
−$31.69
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$97.18
Costs to cover
0.507%
Break-even
2.6 days
Slippage from OKX: live order book, 1 min ago; edgeX: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago1.50 bp10.4 bp −$1018.6 bp −$186doesn't fitdoesn't fit
Sell edgeX live order book, 26 min ago5.05 bp12.7 bp −$1315.4 bp −$154doesn't fitdoesn't fit

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LITE-PERP-INTX−0.0096%1h960.78−0.558%$111K$221K10xas long as short
Aster LITEUSDT0.0000%8h966.01−0.017%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h965.63−0.056%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAPlong0.0000%8h966.17long leg$3.8M$18.0M25x
Bitget LITEUSDT0.0000%8h965.77−0.041%$2.8M$2.8M20xas long as short
SunX LITE-USDT0.0000%8h965.20−0.100%$1K$4.1M10xas long as short
HTX LITE-USDT0.0000%8h966.12−0.005%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h965.82−0.036%$1.5M$683K10xas long as short
QFEX LITE-USD+0.0014%1h965.99−0.019%$1.1M$5.3M10xas long as short
BloFin LITE-USDT+0.0027%8h965.86−0.032%$223K$237K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest LITE-USD-PERP+0.0046%1h965.07−0.114%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h965.78−0.040%$75K$228K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h965.86−0.032%$176K$154K10xas long as short
GRVT LITE_USDT_Perp+0.0055%8h964.83−0.139%$598$222K10xas long as short
KuCoin LITEUSDTM+0.0100%8h965.43−0.077%$521K$39K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h964.08−0.216%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h965.67−0.052%$939$3K10xas long as short
Aevo LITE-PERP+0.0104%1h964.82−0.140%10xas long as short
Gate LITE_USDT+0.0107%8h966.74+0.059%$8.1M$5.8M50xas long as short
Lighter LITE+0.0136%1h966.12−0.005%$27K$101K10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0299%1h965.82−0.036%$19K$37K10xas long as short
Variational Omni LITE+0.0314%8h964.85−0.137%$243K$141Kas long as short
Extended LITE-USD+0.0416%1h965.76−0.042%$9K$209K10xas long as short
Binance LITEUSDT+0.0418%8h965.97−0.021%$13.9M$44.4M25xas long as short
tradeXYZ xyz:LITE+0.0422%1h966.45+0.029%$7.3M$5.0M10xas long as short
SoDEX LITE-USD+0.0524%1h965.50−0.069%$23K$10K10xas long as short
edgeX LITEUSDCshort+0.0728%4h965.55−0.064%$73K$464K10x