Funding you earn now, next payment 07:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h −0.021%
Price spread now: QFEX against Orderly−0.139%46s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and QFEX is 0.139% cheaper against Orderly than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_LITE_USDC_mythos | 948.29 | 0.0100 | pay 0.0100% / 8h | 1h 15m | $922 | $3K | 10x |
| Short | QFEX LITE-USD | 946.97 | 0.0012 | get 0.0001% / 1h | 15m 39s | $1.1M | $3.6M | 10x |
Orderly PERP_LITE_USDC_mythos
QFEX LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Orderly. 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
- −$18.56
- Price spread: −0.139% → 0.000%
- −$13.92
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$48.48
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; QFEX: live order book, 3 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 Orderly no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 3 min ago | 1.58 bp | 7.1 bp −$7 | 17.1 bp −$171 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0477% | 1h | 948.05 | −0.025% | $18K | $40K | 10x | as long as short |
| Bitget LITEUSDT | −0.0476% | 8h | 947.22 | −0.113% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | −0.173% | $92K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 947.35 | −0.099% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 946.76 | −0.161% | $14K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 947.13 | −0.122% | $12.1M | $49.3M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 947.48 | −0.085% | $1.7M | $1.9M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 947.34 | −0.100% | $3.5M | $18.4M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 947.81 | −0.051% | $7.9M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 947.72 | −0.060% | $260K | $154K | — | as long as short |
Deribit LITE_USDC-PERPETUAL
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
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 | 949.07 | +0.083% | $788 | $195K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.90 | −0.041% | $819 | $3.7M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 949.90 | +0.170% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 948.49 | +0.021% | $1.5M | $730K | 10x | as long as short |
| BloFin LITE-USDT | +0.0010% | 8h | 949.18 | +0.094% | $214K | $240K | 20x | as long as short |
| QFEX LITE-USDshort | +0.0012% | 1h | 946.97 | −0.139% | $1.1M | $3.6M | 10x | |
| Lighter LITE | +0.0032% | 1h | 947.51 | −0.082% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.07 | −0.023% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 948.26 | −0.003% | $74K | $229K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.83 | +0.162% | $32K | $349K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 946.99 | −0.137% | $519K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.99 | +0.074% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythoslong | +0.0100% | 8h | 948.29 | long leg | $922 | $3K | 10x | |
| Aevo LITE-PERP | +0.0104% | 1h | 948.12 | −0.018% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0108% | 1h | 947.39 | −0.095% | $7.7M | $5.9M | 10x | as long as short |
| SoDEX LITE-USD | +0.0273% | 1h | 947.97 | −0.034% | $23K | $9K | 10x | as long as short |
| edgeX LITEUSDC | +0.0763% | 4h | 949.05 | +0.081% | $63K | $474K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Aevo LITE-PERP
tradeXYZ xyz:LITE
SoDEX LITE-USD
edgeX LITEUSDC