Funding you earn now, next payment 11:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.054%
Price spread now: tradeXYZ against QFEX−0.025%7-day average −0.057% · 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−$35as in the Price arb table
costs, in and out, $10k−$380.377% of the position
Funding, last 4 days (all we have)+0.055%+$6 on $10k
+Price spread, last 7 days+0.005%$0 · spread now −0.025%, 7d avg −0.057%
=Together, before fees+0.060%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and tradeXYZ is 0.032% dearer against QFEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LITE-USD | 948.49 | 0.0040 | pay 0.0005% / 1h | 42m 48s | $1.1M | $3.7M | 10x |
| Short | tradeXYZ xyz:LITE | 948.25 | 0.0175 | get 0.0022% / 1h | 42m 48s | $7.7M | $5.6M | 10x |
QFEX LITE-USD
tradeXYZ xyz:LITEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $28.39
- Price spread: −0.025% → −0.057%
- $3.15
- Slippage, 4 orders
- −$9.71
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$6.17
- Costs to cover
- 0.377%
- Break-even
- 8.5 days
Slippage from QFEX: live order book, 4 min ago; tradeXYZ: live order book, 9 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, 4 min ago | 1.79 bp | 6.9 bp −$7 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.74 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | 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 | +0.196% | $122K | $171K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 946.44 | −0.216% | $106K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 947.95 | −0.057% | $46K | $250K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 948.45 | −0.004% | $12.1M | $51.6M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 948.37 | −0.013% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 948.63 | +0.015% | $3.5M | $19.0M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 948.39 | −0.011% | $2.6M | $3.4M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 948.25 | −0.025% | $260K | $129K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 948.60 | +0.012% | $690 | $3.5M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 947.79 | −0.074% | $18K | $41K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
Variational Omni LITE
SunX LITE-USDT
Deribit LITE_USDC-PERPETUALShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 948.99 | +0.053% | $7K | $30K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 949.02 | +0.056% | $1.5M | $748K | 10x | as long as short |
| BloFin LITE-USDT | +0.0010% | 8h | 948.29 | −0.021% | $216K | $257K | 20x | as long as short |
| QFEX LITE-USDlong | +0.0040% | 1h | 948.49 | long leg | $1.1M | $3.7M | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.61 | +0.013% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 948.44 | −0.005% | $74K | $224K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 946.95 | −0.162% | $32K | $362K | 10x | as long as short |
| Lighter LITE | +0.0080% | 1h | 948.21 | −0.030% | $26K | $102K | 10x | as long as short |
| Gate LITE_USDT | +0.0097% | 8h | 948.91 | +0.044% | $8.0M | $6.6M | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 947.83 | −0.070% | $921 | $3K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 947.48 | −0.106% | $518K | $211K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.02 | −0.050% | $16K | $268K | 50x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 947.95 | −0.056% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0172% | 1h | 948.61 | +0.013% | $23K | $9K | 10x | as long as short |
| tradeXYZ xyz:LITEshort | +0.0175% | 1h | 948.25 | −0.025% | $7.7M | $5.6M | 10x | |
| GRVT LITE_USDT_Perp | +0.0316% | 8h | 949.49 | +0.106% | $1K | $191K | 10x | as long as short |
| edgeX LITEUSDC | +0.0684% | 4h | 947.76 | −0.077% | $63K | $491K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
Lighter LITE
Gate LITE_USDT
Orderly PERP_LITE_USDC_mythos
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Aevo LITE-PERP
SoDEX LITE-USD
GRVT LITE_USDT_Perp
edgeX LITEUSDC