Funding you earn now, next payment 03:00 UTC−0.0185%/8h= −20.3% APRpaid last 24h −0.054%
Price spread now: SunX against tradeXYZ−0.055%7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1511.509% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.055%, 7d avg +0.074%
=Together, before fees−0.069%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.129% cheaper against tradeXYZ than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.074%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.108% in total (about -5.6% 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 | 958.43 | 0.0185 | pay 0.0023% / 1h | 23m 39s | $7.1M | $5.4M | 10x |
| Short | SunX LITE-USDT | 957.90 | 0 | get 0.0000% / 8h | 5h 23m | $728 | $3.8M | 10x |
tradeXYZ xyz:LITE
SunX LITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$38.88
- Price spread: −0.055% → +0.074%
- −$12.93
- Slippage, 4 orders
- −$124.91
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$202.73
- Costs to cover
- 1.509%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; SunX: 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, 4 min ago | 1.20 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 45.40 bp | 64.3 bp −$64 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LITE_USDC-PERPETUAL | −0.0449% | 1h | 957.76 | −0.070% | $18K | $37K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0144% | 1h | 957.73 | −0.073% | $101K | $203K | 10x | as long as short |
| BloFin LITE-USDT | −0.0025% | 8h | 957.65 | −0.081% | $224K | $236K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 959.60 | +0.122% | $107K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 958.55 | +0.013% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 958.79 | +0.038% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 958.59 | +0.017% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.33 | −0.010% | $2.6M | $2.9M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 958.43 | 0.000% | $307 | $187K | 10x | as long as short |
| SunX LITE-USDTshort | 0.0000% | 8h | 957.90 | −0.055% | $728 | $3.8M | 10x |
Deribit LITE_USDC-PERPETUAL
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 957.95 | −0.050% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 958.31 | −0.013% | $1.5M | $688K | 10x | as long as short |
| QFEX LITE-USD | +0.0008% | 1h | 957.85 | −0.061% | $1.1M | $4.8M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 958.45 | +0.002% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 957.81 | −0.065% | — | $3K | 10x | as long as short |
| Variational Omni LITE | +0.0048% | 8h | 958.18 | −0.026% | $266K | $147K | — | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 958.09 | −0.035% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 958.00 | −0.045% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 957.86 | −0.059% | $71K | $268K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.73 | +0.031% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 958.46 | +0.003% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.09 | −0.035% | $931 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 957.91 | −0.055% | — | — | 10x | as long as short |
| Binance LITEUSDT | +0.0128% | 8h | 958.44 | +0.001% | $12.7M | $46.6M | 25x | as long as short |
| Extended LITE-USD | +0.0128% | 1h | 958.23 | −0.021% | $13K | $202K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0185% | 1h | 958.43 | long leg | $7.1M | $5.4M | 10x | |
| edgeX LITEUSDC | +0.0509% | 4h | 958.03 | −0.042% | $69K | $452K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Variational Omni LITE
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
Binance LITEUSDT
Extended LITE-USD
edgeX LITEUSDC