Funding you earn now, next payment 08:00 UTC+0.0217%/8h= +23.8% APRnext payment +$2.17 per $10,000 · paid last 24h +0.042%
Price spread now: Binance against Gate−0.054%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$530.531% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 2 days (all we have)+0.042%+$4 · spread now −0.054%, 7d avg −0.026%
=Funding pays, the price is against you. Binance is 0.028% cheaper against Gate than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of −0.026%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.078% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.17 per $10,000. 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 | Gate LITE_USDT | 959.30 | 0 | get 0.0000% / 8h | 5h 56m | $8.0M | $6.2M | 50x |
| Short | Binance LITEUSDT | 958.78 | 0.0217 | get 0.0217% / 8h | 5h 56m | $12.8M | $46.5M | 25x |
Gate LITE_USDT
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $45.59
- Price spread: −0.054% → −0.026%
- −$2.77
- Slippage, 4 orders
- −$28.08
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$10.26
- Costs to cover
- 0.531%
- Break-even
- 8.6 days
Slippage from Gate: live order book, 1 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 Gate live order book, 1 min ago | 5.99 bp | 16.7 bp −$17 | 47.5 bp −$475 | 63.3 bp −$6,328 | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.99 bp | 10.7 bp −$11 | 24.6 bp −$246 | 86.3 bp −$8,626 | doesn't fit |
LITE on 26 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 | −0.0144% | 1h | 956.17 | −0.326% | $107K | $197K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 959.40 | +0.011% | $107K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 958.98 | −0.033% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 958.55 | −0.078% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDTlong | 0.0000% | 8h | 959.30 | long leg | $8.0M | $6.2M | 50x | |
| Bitget LITEUSDT | 0.0000% | 8h | 958.62 | −0.071% | $2.6M | $3.0M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 957.28 | −0.211% | $306 | $189K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 958.80 | −0.052% | $869 | $3.9M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 959.28 | −0.002% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 959.22 | −0.008% | $1.5M | $683K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0008% | 1h | 958.66 | −0.067% | $1.1M | $4.9M | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 958.32 | −0.102% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 958.82 | −0.050% | $74K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 955.95 | −0.349% | $137K | $245K | 10x | as long as short |
| Lighter LITE | +0.0072% | 1h | 958.62 | −0.071% | $27K | $99K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.30 | −0.104% | $525K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 957.43 | −0.195% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.38 | −0.096% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.42 | −0.092% | — | — | 10x | as long as short |
| Variational Omni LITE | +0.0119% | 8h | 956.80 | −0.261% | $265K | $147K | — | as long as short |
| edgeX LITEUSDC | +0.0210% | 4h | 956.94 | −0.246% | $68K | $456K | 10x | as long as short |
| Extended LITE-USD | +0.0216% | 1h | 958.60 | −0.073% | $9K | $199K | 10x | as long as short |
| Binance LITEUSDTshort | +0.0217% | 8h | 958.78 | −0.054% | $12.8M | $46.5M | 25x | |
| Deribit LITE_USDC-PERPETUAL | +0.0261% | 1h | 958.58 | −0.075% | $19K | $37K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0325% | 1h | 958.92 | −0.040% | $7.1M | $5.4M | 10x | as long as short |
| SoDEX LITE-USD | +0.0410% | 1h | 958.19 | −0.116% | $23K | $9K | 10x | as long as short |
QFEX LITE-USD
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
Lighter LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Variational Omni LITE
edgeX LITEUSDC
Extended LITE-USD
Deribit LITE_USDC-PERPETUAL
tradeXYZ xyz:LITE
SoDEX LITE-USD