Funding you earn now, next payment 08:00 UTC−0.0592%/8h= −64.8% APRpaid last 24h −0.067%
Price spread now: Binance against edgeX−0.099%110s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as 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−$540.544% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)+1.047%+$105 · spread now −0.099%, 7d avg +0.007%
=Together, before fees+0.897%+ Points / potential airdropedgeX: Active · farm board+$90 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Binance is 0.106% cheaper against edgeX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.007%). Swap the legs. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.150% in total (about -7.8% 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 | edgeX LITEUSDC | 947.93 | 0.0592 | pay 0.0296% / 4h | 11m 49s | $63K | $474K | 10x |
| Short | Binance LITEUSDT | 946.99 | 0 | get 0.0000% / 8h | 11m 49s | $12.1M | $49.4M | 25x |
edgeX LITEUSDC
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$124.33
- Price spread: −0.099% → +0.007%
- −$10.59
- Slippage, 4 orders
- −$35.43
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$189.34
- Costs to cover
- 0.544%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 27 min ago; Binance: live order book, 15 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 edgeX live order book, 27 min ago | 5.05 bp | 13.4 bp −$13 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.16 bp | 12.1 bp −$12 | 29.0 bp −$290 | 88.6 bp −$8,860 | 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 | −0.179% | $93K | $215K | 10x | as long as short |
| Bitget LITEUSDT | −0.0101% | 8h | 946.70 | −0.130% | $2.6M | $3.1M | 20x | as long as short |
| BloFin LITE-USDT | −0.0023% | 8h | 948.72 | +0.083% | $217K | $243K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 948.35 | +0.044% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 946.95 | −0.104% | $49K | $247K | 10x | as long as short |
| Binance LITEUSDTshort | 0.0000% | 8h | 946.99 | −0.099% | $12.1M | $49.4M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 947.15 | −0.083% | $1.8M | $2.0M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 946.87 | −0.112% | $3.6M | $18.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 947.45 | −0.051% | $8.0M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 947.77 | −0.018% | $260K | $140K | — | as long as short |
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Bybit 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 | 948.04 | +0.011% | $1K | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.30 | −0.067% | $885 | $3.7M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 947.36 | −0.061% | $18K | $41K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 949.09 | +0.122% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 947.35 | −0.062% | $1.5M | $741K | 10x | as long as short |
| QFEX LITE-USD | +0.0002% | 1h | 947.85 | −0.009% | $1.1M | $3.8M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 947.21 | −0.076% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 947.37 | −0.060% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 948.06 | +0.013% | $73K | $229K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 947.03 | −0.095% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 947.63 | −0.032% | $32K | $353K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 947.16 | −0.082% | $519K | $49K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.11 | +0.019% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 947.57 | −0.038% | $921 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 947.45 | −0.051% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0230% | 1h | 947.02 | −0.096% | $7.7M | $5.8M | 10x | as long as short |
| edgeX LITEUSDClong | +0.0592% | 4h | 947.93 | long leg | $63K | $474K | 10x |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
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
tradeXYZ xyz:LITE