Funding you earn now, next payment 12:00 UTC+0.0455%/8h= +49.8% APRpaid last 24h +0.127%
Price spread now: edgeX against Phemex+0.110%78s7-day average −0.041% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.310%+$31 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now +0.110%, 7d avg −0.041%
=Together, before fees+0.426%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and edgeX is 0.151% dearer against Phemex than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.041%. The two prices were read 78 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 0.310% in total (about 16.2% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 938.48 | 0 | get 0.0000% / 8h | 7h 36m | $1.5M | $742K | 10x |
| Short | edgeX LITEUSDC | 939.51 | 0.0455 | get 0.0227% / 4h | 3h 36m | $58K | $478K | 10x |
Phemex LITEUSDT
edgeX LITEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $95.54
- Price spread: +0.110% → −0.041%
- $15.08
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $89.62
- Costs to cover
- 0.210%
- Break-even
- 0.4 days
Slippage unknown: Phemex: live order book, 2 min ago; edgeX: live order book, 62 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 | 0.53 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 62 min ago | 5.05 bp | 17.1 bp −$17 | 19.7 bp −$197 | 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 | −0.0112% | 1h | 946.24 | +0.827% | $93K | $215K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0091% | 1h | 937.01 | −0.157% | $18K | $41K | 10x | as long as short |
| Bitget LITEUSDT | −0.0078% | 8h | 937.69 | −0.084% | $2.6M | $3.1M | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 938.83 | +0.038% | $105K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 937.10 | −0.147% | $45K | $249K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 937.57 | −0.097% | $12.0M | $49.9M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 937.60 | −0.094% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 937.28 | −0.128% | $3.5M | $18.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 938.07 | −0.044% | $7.8M | $6.4M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 939.61 | +0.120% | $258K | $139K | — | as long as short |
Coinbase International LITE-PERP-INTX
Deribit LITE_USDC-PERPETUAL
Bitget LITEUSDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 938.72 | +0.026% | $451 | $191K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 937.00 | −0.158% | $844 | $3.6M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 937.33 | −0.123% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 938.48 | long leg | $1.5M | $742K | 10x | |
| BloFin LITE-USDT | +0.0011% | 8h | 938.29 | −0.020% | $215K | $243K | 20x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 936.44 | −0.217% | $1.1M | $3.9M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 937.50 | −0.104% | $24K | $102K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 936.92 | −0.166% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 937.48 | −0.107% | $7.6M | $5.7M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 937.45 | −0.110% | $73K | $220K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 937.42 | −0.113% | $22K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 937.61 | −0.093% | $33K | $355K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 938.43 | −0.005% | $515K | $84K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 938.92 | +0.047% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 937.77 | −0.076% | $912 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 937.67 | −0.087% | — | — | 10x | as long as short |
| edgeX LITEUSDCshort | +0.0455% | 4h | 939.51 | +0.110% | $58K | $478K | 10x |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
BloFin LITE-USDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
tradeXYZ xyz:LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP