Funding you earn now, next payment 08:00 UTC−0.0112%/8h= −12.3% APRnext payment −$1.12 per $10,000 · paid last 24h +0.007%
Price spread now: Bitget against Phemex−0.001%7-day average −0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.001%, 7d avg −0.066%
=The price spread pays, funding is against you. Bitget is 0.064% dearer against Phemex than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.066%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours. Mind the row above: over the last 7 days funding on this pair paid +0.114%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 950.27 | 0 | get 0.0000% / 8h | 3h 21m | $1.5M | $700K | 10x |
| Short | Bitget LITEUSDT | 950.26 | −0.0112 | pay 0.0112% / 8h | 3h 21m | $2.6M | $2.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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
- −$23.52
- Price spread: −0.001% → −0.066%
- $6.45
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$41.07
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; Bitget: live order book, 1 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 Phemex live order book, 1 min ago | 1.95 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.42 bp | 16.4 bp −$16 | 28.5 bp −$285 | 57.8 bp −$5,780 | 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 | +0.785% | $101K | $203K | 10x | as long as short |
| Bitget LITEUSDTshort | −0.0112% | 8h | 950.26 | −0.001% | $2.6M | $2.9M | 20x | |
| QFEX LITE-USD | −0.0002% | 1h | 948.91 | −0.143% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 950.32 | +0.006% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 950.18 | −0.009% | $14K | $223K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 949.89 | −0.040% | $12.3M | $47.1M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 950.07 | −0.021% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 950.05 | −0.023% | $3.7M | $17.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 950.33 | +0.006% | $7.9M | $6.2M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 950.36 | +0.010% | $261K | $154K | — | as long as short |
Show 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 | +0.058% | $304 | $184K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 949.50 | −0.081% | $712 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 949.77 | −0.053% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 950.27 | long leg | $1.5M | $700K | 10x | |
| BloFin LITE-USDT | +0.0024% | 8h | 949.67 | −0.063% | $221K | $234K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 949.65 | −0.065% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.64 | −0.172% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 949.75 | −0.055% | $7.2M | $5.5M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.46 | −0.085% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 948.93 | −0.141% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.70 | −0.060% | $34K | $314K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 949.68 | −0.062% | $522K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 951.75 | +0.156% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 949.04 | −0.129% | $922 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 948.83 | −0.151% | — | — | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0277% | 1h | 948.99 | −0.135% | $18K | $39K | 10x | as long as short |
| edgeX LITEUSDC | +0.0523% | 4h | 952.49 | +0.234% | $66K | $454K | 10x | as long as short |
Phemex LITEUSDT
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 LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
BloFin LITE-USDT
Lighter LITE
tradeXYZ xyz:LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC