Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.035%
Price spread now: Binance against BloFin+0.117%101s7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as 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−$430.432% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.117%, 7d avg −0.025%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.142% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.025%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LITE-USDT | 948.29 | −0.0024 | get 0.0024% / 8h | 1h 21m | $216K | $239K | 20x |
| Short | Binance LITEUSDT | 949.40 | 0 | get 0.0000% / 8h | 1h 21m | $12.2M | $49.3M | 25x |
BloFin LITE-USDT
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $4.99
- Price spread: +0.117% → −0.025%
- $14.22
- Slippage, 4 orders
- −$21.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$23.95
- Costs to cover
- 0.432%
- Break-even
- 40.6 days
Slippage from BloFin: live order book, 55 min ago; Binance: live order book, 6 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 BloFin live order book, 55 min ago | 0.05 bp | 11.3 bp −$11 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.53 bp | 10.0 bp −$10 | 28.3 bp −$283 | 91.1 bp −$9,108 | 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 | −0.0577% | 8h | 948.36 | +0.007% | $2.6M | $3.1M | 20x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0203% | 1h | 948.91 | +0.065% | $18K | $40K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | −0.173% | $92K | $212K | 10x | as long as short |
| BloFin LITE-USDTlong | −0.0024% | 8h | 948.29 | long leg | $216K | $239K | 20x | |
| Aster LITEUSDT | 0.0000% | 8h | 949.55 | +0.132% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 949.21 | +0.097% | $14K | $218K | 10x | as long as short |
| Binance LITEUSDTshort | 0.0000% | 8h | 949.40 | +0.117% | $12.2M | $49.3M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 948.38 | +0.009% | $1.7M | $1.9M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 948.70 | +0.043% | $3.5M | $18.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 948.86 | +0.060% | $7.9M | $6.5M | 50x | as long as short |
Bitget LITEUSDT
Deribit LITE_USDC-PERPETUAL
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 945.21 | −0.324% | $260K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 947.94 | −0.037% | $483 | $195K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.80 | −0.052% | $811 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 948.01 | −0.030% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 948.96 | +0.071% | $1.5M | $727K | 10x | as long as short |
| QFEX LITE-USD | +0.0012% | 1h | 948.25 | −0.004% | $1.1M | $3.6M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 949.04 | +0.079% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 947.61 | −0.072% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.30 | +0.107% | $74K | $229K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 948.15 | −0.015% | $32K | $348K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0083% | 1h | 948.16 | −0.014% | $7.5M | $5.8M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 947.88 | −0.043% | $520K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 947.48 | −0.085% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 948.24 | −0.005% | $922 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 948.16 | −0.014% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0163% | 1h | 947.93 | −0.038% | $23K | $9K | 10x | as long as short |
| edgeX LITEUSDC | +0.0727% | 4h | 947.27 | −0.107% | $62K | $472K | 10x | as long as short |
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
tradeXYZ xyz:LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
edgeX LITEUSDC