Settings8H · net · $10k
Funding arb · Price arb /

LITE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0290%/8h= −31.8% APRnext payment $0.36 per $10,000 · paid last 24h −0.049%
Price spread now: QFEX against Deribit−0.027%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and QFEX is 0.027% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LITE_USDC-PERPETUAL960.490.0323pay 0.0040% / 1h43m 40s$19K$36K10x
ShortQFEX LITE-USD960.230.0033get 0.0004% / 1h43m 40s$1.1M$5.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Deribit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$60.9
Price spread: −0.027% → 0.000%
−$2.71
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$80.6
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; QFEX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell QFEX live order book, 5 min ago1.46 bp6.5 bp −$610.9 bp −$109doesn't fitdoesn't fit
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LITE on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LITE-PERP-INTX−0.0064%1h958.20−0.238%$115K$233K10xas long as short
Aster LITEUSDT0.0000%8h960.54+0.005%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h960.46−0.003%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h960.78+0.030%$3.8M$18.0M25xas long as short
Gate LITE_USDT0.0000%8h961.11+0.065%$8.0M$6.2M50xas long as short
Bitget LITEUSDT0.0000%8h960.17−0.033%$2.8M$3.1M20xas long as short
SunX LITE-USDT0.0000%8h960.60+0.011%$778$4.2M10xas long as short
HTX LITE-USDT0.0000%8h960.88+0.041%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h960.91+0.044%$1.5M$685K10xas long as short
BloFin LITE-USDT+0.0001%8h960.65+0.017%$176K$235K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USDshort+0.0033%1h960.23−0.027%$1.1M$5.3M10x
Vest LITE-USD-PERP+0.0046%1h959.99−0.052%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h960.33−0.017%$30K$489K10xas long as short
Ondo Perps LITE-USD.P+0.0050%1h960.05−0.046%$175K$160K10xas long as short
Variational Omni LITE+0.0094%8h960.74+0.027%$241K$142Kas long as short
KuCoin LITEUSDTM+0.0100%8h960.31−0.019%$517K$38K20xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h960.54+0.005%$934$3K10xas long as short
Aevo LITE-PERP+0.0104%1h960.48−0.001%10xas long as short
Extended LITE-USD+0.0216%1h960.31−0.019%$9K$209K10xas long as short
Lighter LITE+0.0216%1h960.58+0.009%$27K$102K10xas long as short
Binance LITEUSDT+0.0221%8h960.48−0.001%$13.8M$45.1M25xas long as short
GRVT LITE_USDT_Perp+0.0312%8h960.47−0.002%$355$234K10xas long as short
Deribit LITE_USDC-PERPETUALlong+0.0323%1h960.49long leg$19K$36K10x
SoDEX LITE-USD+0.0346%1h960.48−0.001%$23K$10K10xas long as short
tradeXYZ xyz:LITE+0.0508%1h960.77+0.029%$7.2M$5.1M10xas long as short
ApeX Omni LITEUSDT+0.0525%1h959.85−0.067%$16K$265K50xas long as short
edgeX LITEUSDC+0.0594%4h960.24−0.026%$70K$460K10xas long as short