Funding you earn now, next payment 01:00 UTC−0.0400%/8h= −43.8% APRpaid last 24h −0.008%
Price spread now: Bybit against Extended−0.032%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$500.496% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.032%, 7d avg −0.007%
=Together, before fees−0.063%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Bybit is 0.025% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% 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 | Extended LITE-USD | 966.15 | 0.0400 | pay 0.0050% / 1h | 29m 06s | $9K | $209K | 10x |
| Short | Bybit LITEUSDT | 965.84 | 0 | get 0.0000% / 8h | 7h 29m | $1.9M | $1.7M | 25x |
Extended LITE-USD
Bybit LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$84
- Price spread: −0.032% → −0.007%
- −$2.52
- Slippage, 4 orders
- −$33.59
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.11
- Costs to cover
- 0.496%
- Break-even
- never at this rate
Slippage from Extended: live order book, 43 min ago; Bybit: live order book, 2 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 Extended live order book, 43 min ago | 1.40 bp | 10.8 bp −$11 | 91.2 bp −$912 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.59 bp | 13.5 bp −$13 | 77.8 bp −$778 | 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 | −0.0096% | 1h | 960.78 | −0.556% | $111K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 965.95 | −0.021% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDTshort | 0.0000% | 8h | 965.84 | −0.032% | $1.9M | $1.7M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 966.41 | +0.027% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 966.76 | +0.063% | $8.1M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 965.97 | −0.019% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 965.66 | −0.051% | $744 | $209K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 966.30 | +0.015% | $858 | $4.0M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 966.58 | +0.044% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 966.87 | +0.074% | $1.5M | $682K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0014% | 1h | 965.79 | −0.037% | $1.1M | $5.2M | 10x | as long as short |
| BloFin LITE-USDT | +0.0020% | 8h | 965.81 | −0.035% | $224K | $237K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 966.01 | −0.015% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 965.78 | −0.039% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 965.98 | −0.018% | $75K | $227K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 965.43 | −0.075% | $175K | $154K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 965.51 | −0.066% | $521K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 964.33 | −0.189% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.93 | −0.023% | $939 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 965.98 | −0.017% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0270% | 1h | 966.36 | +0.022% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0296% | 8h | 965.66 | −0.051% | $243K | $141K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0339% | 1h | 966.24 | +0.009% | $7.3M | $5.0M | 10x | as long as short |
| Binance LITEUSDT | +0.0396% | 8h | 966.44 | +0.030% | $13.9M | $44.4M | 25x | as long as short |
| Extended LITE-USDlong | +0.0400% | 1h | 966.15 | long leg | $9K | $209K | 10x | |
| Deribit LITE_USDC-PERPETUAL | +0.0475% | 1h | 966.05 | −0.011% | $19K | $37K | 10x | as long as short |
| edgeX LITEUSDC | +0.0755% | 4h | 965.79 | −0.037% | $73K | $464K | 10x | as long as short |
QFEX LITE-USD
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
Variational Omni LITE
tradeXYZ xyz:LITE
Binance LITEUSDT
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC