Funding you earn now, next payment 08:00 UTC−0.0393%/8h= −43.1% APRnext payment −$3.93 per $10,000 · paid last 24h −0.044%
Price spread now: BloFin against Binance−0.012%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 2 days (all we have)+0.021%+$2 · spread now −0.012%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and BloFin is 0.026% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.93 per $10,000. 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 | Binance LITEUSDT | 965.98 | 0.0420 | pay 0.0420% / 8h | 7h 49m | $13.9M | $44.4M | 25x |
| Short | BloFin LITE-USDT | 965.86 | 0.0027 | get 0.0027% / 8h | 7h 49m | $223K | $237K | 20x |
Binance LITEUSDT
BloFin LITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$82.59
- Price spread: −0.012% → +0.014%
- −$2.64
- Slippage, 4 orders
- −$19.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$126.61
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 16 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 Binance live order book, 8 min ago | 1.50 bp | 9.6 bp −$10 | 29.0 bp −$290 | 103.0 bp −$10.3K | doesn't fit |
| Sell BloFin live order book, 16 min ago | 0.83 bp | 9.3 bp −$9 | 12.7 bp −$127 | 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 | −0.0096% | 1h | 960.78 | −0.538% | $111K | $221K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 966.09 | +0.012% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 965.39 | −0.061% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 965.78 | −0.020% | $3.8M | $18.0M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 965.54 | −0.045% | $2.8M | $2.8M | 20x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.90 | −0.008% | $960 | $4.1M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 966.12 | +0.015% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 966.12 | +0.015% | $1.5M | $683K | 10x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 965.62 | −0.037% | $1.1M | $5.3M | 10x | as long as short |
| BloFin LITE-USDTshort | +0.0027% | 8h | 965.86 | −0.012% | $223K | $237K | 20x |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest LITE-USD-PERP | +0.0046% | 1h | 965.23 | −0.077% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 965.84 | −0.014% | $75K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 964.01 | −0.204% | $176K | $156K | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0055% | 8h | 964.83 | −0.119% | $598 | $222K | 10x | as long as short |
| Gate LITE_USDT | +0.0065% | 8h | 966.35 | +0.039% | $8.1M | $5.8M | 50x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 965.09 | −0.092% | $520K | $39K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 964.08 | −0.196% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 966.09 | +0.012% | $939 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 965.11 | −0.090% | — | — | 10x | as long as short |
| Lighter LITE | +0.0168% | 1h | 965.92 | −0.006% | $27K | $101K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0237% | 1h | 965.79 | −0.019% | $19K | $37K | 10x | as long as short |
| Variational Omni LITE | +0.0314% | 8h | 964.85 | −0.117% | $243K | $141K | — | as long as short |
| Binance LITEUSDTlong | +0.0420% | 8h | 965.98 | long leg | $13.9M | $44.4M | 25x | |
| tradeXYZ xyz:LITE | +0.0422% | 1h | 966.37 | +0.041% | $7.3M | $5.0M | 10x | as long as short |
| Extended LITE-USD | +0.0424% | 1h | 965.83 | −0.016% | $9K | $209K | 10x | as long as short |
| SoDEX LITE-USD | +0.0539% | 1h | 965.59 | −0.040% | $23K | $10K | 10x | as long as short |
| edgeX LITEUSDC | +0.0813% | 4h | 964.95 | −0.106% | $73K | $463K | 10x | as long as short |
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
GRVT LITE_USDT_Perp
Gate LITE_USDT
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Lighter LITE
Deribit LITE_USDC-PERPETUAL
Variational Omni LITE
tradeXYZ xyz:LITE
Extended LITE-USD
SoDEX LITE-USD
edgeX LITEUSDC