Funding you earn now, next payment 02:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.13 per $10,000 · paid last 24h +0.005%
Price spread now: Deribit against tradeXYZ−0.050%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.050% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 964.77 | 0.0112 | pay 0.0014% / 1h | 59m 15s | $7.3M | $5.0M | 10x |
| Short | Deribit LITE_USDC-PERPETUAL | 964.29 | 0.0009 | get 0.0001% / 1h | 59m 15s | $19K | $37K | 10x |
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21.51
- Price spread: −0.050% → 0.000%
- −$4.98
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$51.49
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 9 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 9 min ago | 1.40 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0232% | 1h | 965.50 | +0.076% | $111K | $214K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 966.38 | +0.167% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 964.75 | −0.002% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 965.03 | +0.027% | $3.8M | $17.9M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 965.37 | +0.062% | $8.1M | $5.8M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 965.11 | +0.035% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 965.83 | +0.110% | $483 | $205K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.10 | +0.034% | $885 | $4.0M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 965.26 | +0.051% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 965.30 | +0.055% | $1.5M | $683K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit LITE_USDC-PERPETUALshort | +0.0009% | 1h | 964.29 | −0.050% | $19K | $37K | 10x | |
| QFEX LITE-USD | +0.0014% | 1h | 964.68 | −0.009% | $1.1M | $5.1M | 10x | as long as short |
| BloFin LITE-USDT | +0.0016% | 8h | 965.63 | +0.089% | $225K | $236K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 964.79 | +0.002% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 964.43 | −0.035% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 964.75 | −0.002% | $75K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 964.66 | −0.011% | $23K | $10K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 964.43 | −0.035% | $168K | $166K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 965.06 | +0.030% | $520K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 965.30 | +0.055% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 964.72 | −0.005% | $938 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 965.00 | +0.024% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0112% | 1h | 964.77 | long leg | $7.3M | $5.0M | 10x | |
| edgeX LITEUSDC | +0.0114% | 4h | 965.54 | +0.080% | $73K | $457K | 10x | as long as short |
| Variational Omni LITE | +0.0244% | 8h | 965.51 | +0.077% | $242K | $142K | — | as long as short |
| Binance LITEUSDT | +0.0358% | 8h | 964.72 | −0.006% | $13.9M | $44.1M | 25x | as long as short |
| Extended LITE-USD | +0.0360% | 1h | 964.39 | −0.039% | $9K | $200K | 10x | as long as short |
QFEX LITE-USD
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC
Variational Omni LITE
Binance LITEUSDT
Extended LITE-USD