Funding you earn now, next payment 11:00 UTC−0.0040%/8h= −4.3% APRpaid last 24h −0.017%
Price spread now: Bitget against QFEX−0.049%56s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.477% of the position
Funding, last 4 days (all we have)−0.022%−$2 on $10k
+Price spread, last 7 days+0.093%+$9 · spread now −0.049%, 7d avg +0.013%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.063% cheaper against QFEX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.013%). Swap the legs. The two prices were read 56 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 | QFEX LITE-USD | 949.60 | 0.0040 | pay 0.0005% / 1h | 48m 46s | $1.1M | $3.7M | 10x |
| Short | Bitget LITEUSDT | 949.13 | 0 | get 0.0000% / 8h | 5h 48m | $2.6M | $3.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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
- −$8.3
- Price spread: −0.049% → +0.013%
- −$6.27
- Slippage, 4 orders
- −$25.73
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$62.31
- Costs to cover
- 0.477%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Bitget: live order book, 2 min ago.
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 QFEX live order book, 3 min ago | 1.42 bp | 8.7 bp −$9 | 16.6 bp −$166 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.26 bp | 16.1 bp −$16 | 26.0 bp −$260 | 61.9 bp −$6,187 | doesn't fit |
LITE on 27 exchanges
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 | −0.0056% | 1h | 950.35 | +0.079% | $122K | $171K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 947.97 | −0.172% | $106K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 949.25 | −0.037% | $46K | $250K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 949.38 | −0.023% | $12.1M | $51.6M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 949.52 | −0.008% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 949.44 | −0.017% | $3.5M | $19.0M | 25x | as long as short |
| Bitget LITEUSDTshort | 0.0000% | 8h | 949.13 | −0.049% | $2.6M | $3.4M | 20x | |
| Variational Omni LITE | 0.0000% | 8h | 949.13 | −0.050% | $260K | $129K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 950.10 | +0.053% | $983 | $3.5M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 950.36 | +0.080% | $7K | $30K | 20x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 950.37 | +0.081% | $1.5M | $748K | 10x | as long as short |
| BloFin LITE-USDT | +0.0013% | 8h | 950.13 | +0.056% | $216K | $257K | 20x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0013% | 1h | 949.69 | +0.009% | $18K | $41K | 10x | as long as short |
| QFEX LITE-USDlong | +0.0040% | 1h | 949.60 | long leg | $1.1M | $3.7M | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 949.67 | +0.007% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.64 | +0.004% | $73K | $224K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.25 | −0.037% | $32K | $363K | 10x | as long as short |
| Lighter LITE | +0.0072% | 1h | 949.23 | −0.039% | $26K | $102K | 10x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 949.86 | +0.027% | $923 | $3K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 948.59 | −0.106% | $519K | $203K | 20x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 949.92 | +0.034% | — | — | 10x | as long as short |
| Gate LITE_USDT | +0.0110% | 8h | 950.02 | +0.044% | $8.0M | $6.6M | 50x | as long as short |
| ApeX Omni LITEUSDT | +0.0134% | 1h | 950.78 | +0.124% | $16K | $268K | 50x | as long as short |
| tradeXYZ xyz:LITE | +0.0139% | 1h | 949.56 | −0.004% | $7.7M | $5.6M | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0212% | 8h | 948.89 | −0.075% | $313 | $191K | 10x | as long as short |
| edgeX LITEUSDC | +0.0332% | 4h | 948.82 | −0.082% | $63K | $489K | 10x | as long as short |
| SoDEX LITE-USD | +0.0426% | 1h | 950.01 | +0.043% | $23K | $9K | 10x | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Variational Omni LITE
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Deribit LITE_USDC-PERPETUAL
Polymarket Perps LITE-USD
Lighter LITE
KuCoin LITEUSDTM
Gate LITE_USDT
ApeX Omni LITEUSDT
tradeXYZ xyz:LITE
GRVT LITE_USDT_Perp
edgeX LITEUSDC
SoDEX LITE-USD