Funding you earn now, next payment 04:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.024%
Price spread now: edgeX against tradeXYZ−0.033%46s7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.534% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 4 days (all we have)+0.305%+$30 · spread now −0.033%, 7d avg +0.072%
=Together, before fees+0.419%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.106% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.072%). If the spread goes back, that is −$11 on $10k: about 38 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.114% in total) that is about 6.5 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 959.61 | 0.0117 | pay 0.0015% / 1h | 32m 38s | $7.2M | $5.4M | 10x |
| Short | edgeX LITEUSDC | 959.29 | 0.0341 | get 0.0170% / 4h | 32m 38s | $70K | $451K | 10x |
tradeXYZ xyz:LITE
edgeX LITEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $47
- Price spread: −0.033% → +0.072%
- −$10.57
- Slippage, 4 orders
- −$26.45
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$17.02
- Costs to cover
- 0.534%
- Break-even
- 9.5 days
Slippage from tradeXYZ: live order book, 6 min ago; edgeX: live order book, 26 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, 6 min ago | 1.09 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 26 min ago | 3.65 bp | 8.3 bp −$8 | 10.8 bp −$108 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0152% | 1h | 957.73 | −0.196% | $101K | $203K | 10x | as long as short |
| BloFin LITE-USDT | −0.0025% | 8h | 959.19 | −0.044% | $224K | $236K | 20x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 959.33 | −0.029% | $1.1M | $4.1M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.53 | +0.096% | $108K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 958.90 | −0.074% | $10K | $212K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 959.17 | −0.046% | $12.6M | $46.6M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 959.22 | −0.041% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.30 | −0.032% | $3.8M | $17.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 959.84 | +0.024% | $8.1M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.70 | +0.009% | $2.6M | $2.9M | 20x | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 959.35 | −0.027% | $266K | $147K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.56 | −0.006% | $326 | $185K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 959.30 | −0.032% | $609 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 959.20 | −0.043% | $19K | $38K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 959.28 | −0.034% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 959.76 | +0.016% | $1.5M | $690K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 959.21 | −0.042% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.54 | −0.007% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 959.66 | +0.005% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 959.30 | −0.032% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 958.80 | −0.084% | $48K | $292K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.18 | −0.045% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.44 | −0.018% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 959.42 | −0.020% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.21 | −0.041% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0117% | 1h | 959.61 | long leg | $7.2M | $5.4M | 10x | |
| edgeX LITEUSDCshort | +0.0341% | 4h | 959.29 | −0.033% | $70K | $451K | 10x |
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
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