Funding you earn now, next payment 08:00 UTC+0.0213%/8h= +23.4% APRpaid last 24h +0.059%
Price spread now: tradeXYZ against Bybit+0.001%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 7 days−0.105%−$11 · spread now +0.001%, 7d avg −0.074%
=Together, before fees−0.014%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and tradeXYZ is 0.075% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.074%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.091% in total (about 4.7% 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 | Bybit LITEUSDT | 947.80 | 0 | get 0.0000% / 8h | 4m 09s | $1.8M | $2.0M | 25x |
| Short | tradeXYZ xyz:LITE | 947.81 | 0.0213 | get 0.0027% / 1h | 4m 09s | $7.7M | $5.7M | 10x |
Bybit LITEUSDT
tradeXYZ xyz:LITEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bybit. 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
- $44.83
- Price spread: +0.001% → −0.074%
- $7.49
- Slippage, 4 orders
- −$26.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$3.03
- Costs to cover
- 0.553%
- Break-even
- 7.5 days
Slippage from Bybit: live order book, 3 min ago; tradeXYZ: 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 Bybit live order book, 3 min ago | 3.22 bp | 16.5 bp −$17 | 87.0 bp −$870 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.05 bp | 10.2 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0120% | 1h | 946.24 | −0.165% | $93K | $215K | 10x | as long as short |
| Bitget LITEUSDT | −0.0103% | 8h | 947.73 | −0.007% | $2.6M | $3.1M | 20x | as long as short |
| BloFin LITE-USDT | −0.0015% | 8h | 947.88 | +0.008% | $217K | $243K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 948.33 | +0.056% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 947.50 | −0.031% | $49K | $247K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 947.76 | −0.004% | $12.1M | $49.4M | 25x | as long as short |
| Bybit LITEUSDTlong | 0.0000% | 8h | 947.80 | long leg | $1.8M | $2.0M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 947.66 | −0.015% | $3.6M | $18.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 948.38 | +0.061% | $8.0M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 947.40 | −0.043% | $260K | $140K | — | as long as short |
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 947.64 | −0.017% | $758 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.70 | −0.011% | $900 | $3.7M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 948.34 | +0.057% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 948.13 | +0.035% | $1.5M | $743K | 10x | as long as short |
| QFEX LITE-USD | +0.0002% | 1h | 947.50 | −0.032% | $1.1M | $3.8M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 947.54 | −0.027% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 947.15 | −0.069% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 948.12 | +0.034% | $73K | $229K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 947.70 | −0.011% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 948.37 | +0.060% | $32K | $353K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 947.20 | −0.063% | $519K | $54K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 947.61 | −0.020% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 947.50 | −0.032% | $921 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 947.31 | −0.051% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITEshort | +0.0213% | 1h | 947.81 | +0.001% | $7.7M | $5.7M | 10x | |
| Deribit LITE_USDC-PERPETUAL | +0.0352% | 1h | 947.75 | −0.005% | $18K | $41K | 10x | as long as short |
| edgeX LITEUSDC | +0.0877% | 4h | 947.33 | −0.049% | $63K | $473K | 10x | as long as short |
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
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC