Settings8H · net · $10k
Funding arb · Price arb /

LITE

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0028%/8h= −3.0% APRnext payment $0.03 per $10,000 · paid last 24h +0.043%
Price spread now: Deribit against QFEX+0.035%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Deribit is 0.035% dearer against QFEX than usual: you sell high and buy low (spread +0.035% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX LITE-USD958.880.0028pay 0.0003% / 1h38m 46s$1.1M$5.1M10x
ShortDeribit LITE_USDC-PERPETUAL959.220get 0.0000% / 1h38m 46s$19K$37K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$5.78
Price spread: +0.035% → 0.000%
$3.55
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$19.23
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 5 min ago1.20 bp8.7 bp −$912.5 bp −$125doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LITE-PERP-INTX−0.0232%1h965.50+0.690%$111K$195K10xas long as short
Aster LITEUSDT0.0000%8h960.85+0.206%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h959.18+0.031%$1.9M$1.6M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h958.98+0.010%$3.8M$17.7M25xas long as short
Gate LITE_USDT0.0000%8h959.55+0.070%$8.1M$5.9M50xas long as short
Bitget LITEUSDT0.0000%8h959.00+0.013%$2.8M$2.8M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h960.98+0.219%$327$194K10xas long as short
SunX LITE-USDT0.0000%8h959.40+0.054%$734$3.9M10xas long as short
Deribit LITE_USDC-PERPETUALshort0.0000%1h959.22+0.035%$19K$37K10x
HTX LITE-USDT0.0000%8h960.05+0.122%$7K$32K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex LITEUSDT0.0000%8h959.89+0.105%$1.5M$683K10xas long as short
BloFin LITE-USDT+0.0023%8h962.75+0.404%$227K$236K20xas long as short
QFEX LITE-USDlong+0.0028%1h958.88long leg$1.1M$5.1M10x
Lighter LITE+0.0032%1h959.28+0.042%$27K$101K10xas long as short
Vest LITE-USD-PERP+0.0046%1h958.63−0.026%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h959.37+0.051%$75K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h959.53+0.068%$23K$10K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h960.05+0.122%$168K$165K10xas long as short
KuCoin LITEUSDTM+0.0100%8h959.22+0.035%$519K$39K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h960.54+0.173%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h959.56+0.071%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.57+0.072%10xas long as short
tradeXYZ xyz:LITE+0.0203%1h959.13+0.026%$7.2M$5.1M10xas long as short
Variational Omni LITE+0.0207%8h960.81+0.201%$241K$122Kas long as short
Binance LITEUSDT+0.0319%8h959.25+0.038%$13.8M$44.1M25xas long as short
Extended LITE-USD+0.0320%1h958.97+0.010%$10K$202K10xas long as short
edgeX LITEUSDC+0.0577%4h961.26+0.248%$71K$453K10xas long as short