Funding you earn now, next payment 05:00 UTC−0.0578%/8h= −63.3% APRpaid last 24h −0.054%
Price spread now: tradeXYZ against edgeX−0.058%46s7-day average −0.072% · 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−$540.536% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now −0.058%, 7d avg −0.072%
=Together, before fees−0.312%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.072%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate. The two prices were read 46 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 -0.154% in total (about -8.0% 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 | 952.28 | 0.0628 | pay 0.0314% / 4h | 3h 38m | $65K | $453K | 10x |
| Short | tradeXYZ xyz:LITE | 951.72 | 0.0050 | get 0.0006% / 1h | 38m 46s | $7.2M | $5.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$121.43
- Price spread: −0.058% → −0.072%
- $1.31
- Slippage, 4 orders
- −$26.62
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$173.74
- Costs to cover
- 0.536%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 15 min ago; tradeXYZ: live order book, 10 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, 15 min ago | 3.82 bp | 8.5 bp −$9 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 1.20 bp | 11.8 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LITE_USDC-PERPETUAL | −0.0349% | 1h | 950.57 | −0.179% | $18K | $39K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0224% | 1h | 957.73 | +0.573% | $101K | $203K | 10x | as long as short |
| BloFin LITE-USDT | −0.0014% | 8h | 951.28 | −0.105% | $222K | $234K | 20x | as long as short |
| QFEX LITE-USD | −0.0002% | 1h | 951.58 | −0.073% | $1.1M | $3.7M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 952.00 | −0.029% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 951.22 | −0.111% | $17K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 951.48 | −0.084% | $12.4M | $46.8M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 951.62 | −0.069% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 951.79 | −0.051% | $3.7M | $17.4M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 951.85 | −0.045% | $8.0M | $6.2M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | 0.0000% | 8h | 951.34 | −0.098% | $2.6M | $2.9M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 951.98 | −0.031% | $261K | $153K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 952.30 | +0.003% | $295 | $184K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 951.50 | −0.082% | $609 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 951.36 | −0.096% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 951.62 | −0.069% | $1.5M | $692K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 951.50 | −0.082% | $23K | $103K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 951.28 | −0.105% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITEshort | +0.0050% | 1h | 951.72 | −0.058% | $7.2M | $5.5M | 10x | |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 951.78 | −0.052% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 951.13 | −0.120% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 952.66 | +0.040% | $34K | $305K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 951.41 | −0.091% | $522K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 953.86 | +0.166% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 950.95 | −0.139% | $924 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 950.80 | −0.155% | — | — | 10x | as long as short |
| edgeX LITEUSDClong | +0.0628% | 4h | 952.28 | long leg | $65K | $453K | 10x |
edgeX LITEUSDC
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUAL
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT