Funding you earn now, next payment 07:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.048%
Price spread now: QFEX against tradeXYZ−0.048%7-day average +0.053% · 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−$50as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 4 days (all we have)−0.048%−$5 on $10k
+Price spread, last 7 days+0.113%+$11 · spread now −0.048%, 7d avg +0.053%
=Together, before fees+0.065%+ Points / potential airdroptradeXYZ: Active · farm board+$6 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 QFEX is 0.101% cheaper against tradeXYZ than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.053%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 943.12 | 0.0081 | pay 0.0010% / 1h | 38m 09s | $7.5M | $5.8M | 10x |
| Short | QFEX LITE-USD | 942.67 | 0.0012 | get 0.0001% / 1h | 38m 09s | $1.1M | $3.5M | 10x |
tradeXYZ xyz:LITE
QFEX LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$14.68
- Price spread: −0.048% → +0.053%
- −$10.11
- Slippage, 4 orders
- −$11.74
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$64.53
- Costs to cover
- 0.397%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; QFEX: live order book, 5 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 | 0.42 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.59 bp | 7.8 bp −$8 | 14.1 bp −$141 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0667% | 8h | 942.46 | −0.070% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | +0.374% | $92K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 943.01 | −0.012% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 942.04 | −0.114% | $14K | $220K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 943.05 | −0.008% | $12.1M | $49.2M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 943.25 | +0.014% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 943.20 | +0.008% | $3.6M | $18.2M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 943.24 | +0.013% | $7.9M | $6.4M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 943.38 | +0.028% | $259K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 943.70 | +0.062% | $859 | $195K | 10x | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 942.40 | −0.076% | $662 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 942.12 | −0.106% | $18K | $40K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 943.45 | +0.035% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 943.02 | −0.011% | $1.5M | $723K | 10x | as long as short |
| QFEX LITE-USDshort | +0.0012% | 1h | 942.67 | −0.048% | $1.1M | $3.5M | 10x | |
| BloFin LITE-USDT | +0.0013% | 8h | 943.26 | +0.015% | $217K | $237K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 942.27 | −0.090% | $24K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 942.48 | −0.068% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 942.52 | −0.064% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 942.40 | −0.076% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 943.60 | +0.051% | $32K | $347K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0081% | 1h | 943.12 | long leg | $7.5M | $5.8M | 10x | |
| KuCoin LITEUSDTM | +0.0100% | 8h | 942.43 | −0.073% | $517K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 943.79 | +0.071% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 942.14 | −0.104% | $916 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 942.13 | −0.105% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0209% | 4h | 943.53 | +0.044% | $60K | $470K | 10x | as long as short |
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
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