Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Phemex+0.001%59s7-day average −0.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.001%, 7d avg −0.020%
=The price spread pays, funding is against you. BloFin is 0.021% dearer against Phemex than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.020%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.126%, so the current rate has only just turned against you. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 961.06 | 0 | get 0.0000% / 8h | 35m 55s | $1.5M | $685K | 10x |
| Short | BloFin LITE-USDT | 961.07 | −0.0019 | pay 0.0019% / 8h | 35m 55s | $223K | $235K | 20x |
Phemex LITEUSDT
BloFin LITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. 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
- −$4.04
- Price spread: +0.001% → −0.020%
- $2.08
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$25.96
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 2 min ago; BloFin: live order book, 35 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 Phemex live order book, 2 min ago | 2.08 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 35 min ago | 0.52 bp | 9.4 bp −$9 | 11.6 bp −$116 | 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 | −0.0064% | 1h | 958.20 | −0.298% | $115K | $232K | 10x | as long as short |
| BloFin LITE-USDTshort | −0.0019% | 8h | 961.07 | +0.001% | $223K | $235K | 20x | |
| Aster LITEUSDT | 0.0000% | 8h | 960.39 | −0.070% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 960.46 | −0.062% | $1.9M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.78 | −0.029% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 961.17 | +0.011% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 960.25 | −0.084% | $2.8M | $3.1M | 20x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.50 | −0.058% | $600 | $4.2M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 961.15 | +0.009% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 961.06 | long leg | $1.5M | $685K | 10x |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
SunX LITE-USDT
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0033% | 1h | 960.40 | −0.069% | $1.1M | $5.3M | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 960.42 | −0.067% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.40 | −0.069% | $30K | $489K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.43 | −0.066% | $175K | $160K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 960.22 | −0.087% | $517K | $38K | 20x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 960.55 | −0.053% | $934 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 960.62 | −0.045% | — | — | 10x | as long as short |
| Variational Omni LITE | +0.0141% | 8h | 960.68 | −0.040% | $241K | $142K | — | as long as short |
| Lighter LITE | +0.0184% | 1h | 960.58 | −0.050% | $27K | $102K | 10x | as long as short |
| SoDEX LITE-USD | +0.0226% | 1h | 960.54 | −0.054% | $23K | $10K | 10x | as long as short |
| Extended LITE-USD | +0.0256% | 1h | 960.50 | −0.059% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0258% | 8h | 960.67 | −0.041% | $13.8M | $45.1M | 25x | as long as short |
| GRVT LITE_USDT_Perp | +0.0352% | 8h | 960.57 | −0.051% | $932 | $234K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0490% | 1h | 960.65 | −0.043% | $19K | $37K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0492% | 1h | 961.11 | +0.005% | $7.2M | $5.1M | 10x | as long as short |
| ApeX Omni LITEUSDT | +0.0518% | 1h | 959.85 | −0.126% | $16K | $265K | 50x | as long as short |
| edgeX LITEUSDC | +0.0942% | 4h | 960.56 | −0.052% | $70K | $459K | 10x | as long as short |
QFEX LITE-USD
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Variational Omni LITE
Lighter LITE
SoDEX LITE-USD
Extended LITE-USD
Binance LITEUSDT
GRVT LITE_USDT_Perp
Deribit LITE_USDC-PERPETUAL
tradeXYZ xyz:LITE
ApeX Omni LITEUSDT
edgeX LITEUSDC