Funding you earn now, next payment 09:00 UTC+0.0014%/8h= +1.6% APRpaid last 24h +0.008%
Price spread now: QFEX against Phemex−0.326%7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.443%+$44 · spread now −0.326%, 7d avg −0.038%
=Funding pays, the price is against you. QFEX is 0.288% cheaper against Phemex than usual: you would sell low and buy high (spread −0.326% now, against its 7-day average of −0.038%). If the spread goes back, that is −$29 on $10k: about 2 months of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 939.50 | 0 | get 0.0000% / 8h | 7h 36m | $1.5M | $742K | 10x |
| Short | QFEX LITE-USD | 936.44 | 0.0014 | get 0.0002% / 1h | 36m 22s | $1.1M | $3.9M | 10x |
Phemex LITEUSDT
QFEX LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $3.02
- Price spread: −0.326% → −0.038%
- −$28.8
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$47.78
- Costs to cover
- 0.220%
- Break-even
- 117.6 days
Slippage unknown: Phemex: live order book, 2 min ago; QFEX: live order book, 7 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 QFEX live order book, 7 min ago | 1.17 bp | 6.2 bp −$6 | 14.5 bp −$145 | 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 | +0.717% | $93K | $215K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0091% | 1h | 937.01 | −0.265% | $18K | $41K | 10x | as long as short |
| Bitget LITEUSDT | −0.0078% | 8h | 937.17 | −0.248% | $2.6M | $3.1M | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 938.86 | −0.068% | $105K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 937.10 | −0.255% | $45K | $249K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 937.42 | −0.221% | $12.0M | $49.9M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 937.64 | −0.198% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 936.88 | −0.279% | $3.5M | $18.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 937.47 | −0.216% | $7.8M | $6.4M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 939.61 | +0.012% | $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 | −0.083% | $451 | $191K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 937.00 | −0.266% | $844 | $3.6M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 938.62 | −0.094% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 939.50 | long leg | $1.5M | $742K | 10x | |
| BloFin LITE-USDT | +0.0011% | 8h | 938.29 | −0.129% | $215K | $243K | 20x | as long as short |
| QFEX LITE-USDshort | +0.0014% | 1h | 936.44 | −0.326% | $1.1M | $3.9M | 10x | |
| Lighter LITE | +0.0032% | 1h | 937.49 | −0.214% | $24K | $102K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 936.92 | −0.275% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 937.45 | −0.218% | $7.6M | $5.7M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 937.45 | −0.218% | $73K | $220K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 937.42 | −0.221% | $22K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 937.61 | −0.201% | $33K | $355K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 938.47 | −0.110% | $515K | $84K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 938.92 | −0.062% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 937.77 | −0.184% | $912 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 937.67 | −0.195% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0455% | 4h | 939.51 | +0.001% | $58K | $478K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
BloFin LITE-USDT
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
edgeX LITEUSDC