Funding you earn now, next payment 08:00 UTC−0.0523%/8h= −57.3% APRpaid last 24h −0.079%
Price spread now: Variational Omni against edgeX−0.223%89s7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.260%+$26 · spread now −0.223%, 7d avg +0.003%
=Together, before fees+0.244%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Variational Omni is 0.226% cheaper against edgeX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.003%). Swap the legs. The two prices were read 89 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 4 days it paid -0.016% in total (about -1.7% 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 | edgeX LITEUSDC | 952.49 | 0.0523 | pay 0.0261% / 4h | 3h 21m | $66K | $454K | 10x |
| Short | Variational Omni LITE | 950.36 | 0 | get 0.0000% / 8h | 3h 21m | $261K | $154K | — |
edgeX LITEUSDC
Variational Omni LITEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$109.8
- Price spread: −0.223% → +0.003%
- −$22.59
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$141.4
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 32 min ago; Variational Omni: RFQ quote, 32 min ago. Net counts fees only.
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, 32 min ago | 3.82 bp | 8.5 bp −$9 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 32 min ago | 3.96 bp | doesn't fit | 46.7 bp −$467 | 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 | −0.0224% | 1h | 957.73 | +0.550% | $101K | $203K | 10x | as long as short |
| Bitget LITEUSDT | −0.0097% | 8h | 949.88 | −0.274% | $2.6M | $2.9M | 20x | as long as short |
| QFEX LITE-USD | −0.0002% | 1h | 948.91 | −0.376% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 949.74 | −0.289% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 948.90 | −0.377% | $14K | $223K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 949.38 | −0.327% | $12.3M | $47.1M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 949.95 | −0.267% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 949.86 | −0.276% | $3.7M | $17.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 949.97 | −0.265% | $7.9M | $6.2M | 50x | as long as short |
| Variational Omni LITEshort | 0.0000% | 8h | 950.36 | −0.223% | $261K | $154K | — |
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 950.82 | −0.176% | $304 | $184K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 949.50 | −0.314% | $712 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 949.77 | −0.286% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 950.27 | −0.233% | $1.5M | $700K | 10x | as long as short |
| BloFin LITE-USDT | +0.0024% | 8h | 949.67 | −0.296% | $221K | $234K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 948.74 | −0.394% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.64 | −0.404% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 949.70 | −0.293% | $7.2M | $5.5M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.46 | −0.318% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 948.93 | −0.374% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.58 | −0.306% | $34K | $311K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 949.24 | −0.341% | $522K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 951.75 | −0.078% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 949.04 | −0.362% | $922 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 948.83 | −0.384% | — | — | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0277% | 1h | 948.99 | −0.368% | $18K | $39K | 10x | as long as short |
| edgeX LITEUSDClong | +0.0523% | 4h | 952.49 | long leg | $66K | $454K | 10x |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
tradeXYZ xyz:LITE
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