Funding you earn now, next payment 00:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.94 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Phemex−0.011%7-day average −0.042% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.039%+$4 · spread now −0.011%, 7d avg −0.042%
=Together, before fees+0.039%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.031% dearer against Phemex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 960.85 | 0 | get 0.0000% / 8h | 41m 39s | $1.5M | $685K | 10x |
| Short | Variational Omni LITE | 960.74 | 0.0094 | get 0.0094% / 8h | 41m 39s | $241K | $142K | — |
Phemex LITEUSDT
Variational Omni LITEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $19.75
- Price spread: −0.011% → −0.042%
- $3.15
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $10.9
- Costs to cover
- 0.120%
- Break-even
- 3.1 days
Slippage unknown: Phemex: live order book, 1 min ago; Variational Omni: RFQ quote, 37 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, 1 min ago | 2.34 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 37 min ago | 3.85 bp | doesn't fit | 25.2 bp −$252 | 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 | −0.276% | $115K | $233K | 10x | as long as short |
| BloFin LITE-USDT | −0.0026% | 8h | 960.81 | −0.004% | $222K | $235K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.24 | −0.063% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 960.29 | −0.058% | $1.9M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.78 | −0.007% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.97 | +0.012% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 960.00 | −0.088% | $2.8M | $3.1M | 20x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.50 | −0.036% | $959 | $4.2M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.83 | −0.002% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 960.85 | long leg | $1.5M | $685K | 10x |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
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 | 960.29 | −0.058% | $1.1M | $5.3M | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 960.00 | −0.088% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.40 | −0.047% | $30K | $489K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.43 | −0.044% | $175K | $160K | 10x | as long as short |
| edgeX LITEUSDC | +0.0062% | 4h | 960.56 | −0.030% | $70K | $461K | 10x | as long as short |
| Variational Omni LITEshort | +0.0094% | 8h | 960.74 | −0.011% | $241K | $142K | — | |
| KuCoin LITEUSDTM | +0.0100% | 8h | 960.11 | −0.077% | $517K | $38K | 20x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 960.37 | −0.050% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 960.57 | −0.029% | — | — | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0177% | 1h | 960.36 | −0.051% | $19K | $36K | 10x | as long as short |
| Lighter LITE | +0.0200% | 1h | 960.68 | −0.018% | $27K | $102K | 10x | as long as short |
| Extended LITE-USD | +0.0224% | 1h | 960.22 | −0.065% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0228% | 8h | 960.40 | −0.047% | $13.8M | $45.1M | 25x | as long as short |
| SoDEX LITE-USD | +0.0303% | 1h | 960.34 | −0.053% | $23K | $10K | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0345% | 8h | 960.69 | −0.017% | $932 | $234K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0495% | 1h | 960.92 | +0.007% | $7.2M | $5.1M | 10x | as long as short |
| ApeX Omni LITEUSDT | +0.0558% | 1h | 960.58 | −0.028% | $16K | $265K | 50x | as long as short |
QFEX LITE-USD
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
edgeX LITEUSDC
KuCoin LITEUSDTM
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Deribit LITE_USDC-PERPETUAL
Lighter LITE
Extended LITE-USD
Binance LITEUSDT
SoDEX LITE-USD
GRVT LITE_USDT_Perp
tradeXYZ xyz:LITE
ApeX Omni LITEUSDT