Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.013%
Price spread now: Binance against tradeXYZ−0.025%7-day average +0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days+0.160%+$16 · spread now −0.025%, 7d avg +0.116%
=Together, before fees+0.164%+ Points / potential airdroptradeXYZ: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.141% cheaper against tradeXYZ than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.116%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 951.25 | 0.0050 | pay 0.0006% / 1h | 38m 03s | $7.2M | $5.5M | 10x |
| Short | Binance LITEUSDT | 951.01 | 0 | get 0.0000% / 8h | 3h 38m | $12.4M | $46.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- −$10.5
- Price spread: −0.025% → +0.116%
- −$14.1
- Slippage, 4 orders
- −$12.3
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$64.9
- Costs to cover
- 0.403%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Binance: live order book, 4 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 tradeXYZ live order book, 10 min ago | 1.20 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.05 bp | 9.1 bp −$9 | 24.5 bp −$245 | 94.3 bp −$9,429 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LITE_USDC-PERPETUAL | −0.0307% | 1h | 951.07 | −0.019% | $18K | $39K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0224% | 1h | 957.73 | +0.681% | $101K | $203K | 10x | as long as short |
| BloFin LITE-USDT | −0.0014% | 8h | 951.28 | +0.003% | $222K | $234K | 20x | as long as short |
| QFEX LITE-USD | −0.0002% | 1h | 951.08 | −0.018% | $1.1M | $3.7M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 952.31 | +0.112% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 951.08 | −0.018% | $17K | $218K | 10x | as long as short |
| Binance LITEUSDTshort | 0.0000% | 8h | 951.01 | −0.025% | $12.4M | $46.9M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 951.23 | −0.002% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 951.18 | −0.007% | $3.7M | $17.4M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 951.67 | +0.044% | $8.0M | $6.2M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | 0.0000% | 8h | 951.34 | +0.009% | $2.6M | $2.9M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 951.98 | +0.077% | $261K | $153K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 952.30 | +0.111% | $295 | $184K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 951.10 | −0.016% | $561 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 951.36 | +0.012% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 951.62 | +0.039% | $1.5M | $693K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 951.49 | +0.025% | $23K | $103K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 951.06 | −0.020% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0050% | 1h | 951.25 | long leg | $7.2M | $5.5M | 10x | |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 951.64 | +0.041% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 951.25 | 0.000% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 952.66 | +0.148% | $34K | $305K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 951.57 | +0.034% | $522K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 953.86 | +0.274% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 951.10 | −0.016% | $924 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 951.07 | −0.019% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0628% | 4h | 952.28 | +0.108% | $65K | $453K | 10x | as long as short |
tradeXYZ xyz:LITE
Binance LITEUSDT
Deribit LITE_USDC-PERPETUAL
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
edgeX LITEUSDC