Funding you earn now, next payment 16:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Phemex−0.129%7-day average −0.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.226%+$23 · spread now −0.129%, 7d avg −0.020%
=Funding pays, the price is against you. BloFin is 0.108% cheaper against Phemex than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of −0.020%). If the spread goes back, that is −$11 on $10k: about 33 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.073% in total) that is about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 939.50 | 0 | get 0.0000% / 8h | 7h 37m | $1.5M | $742K | 10x |
| Short | BloFin LITE-USDT | 938.29 | 0.0011 | get 0.0011% / 8h | 7h 37m | $215K | $243K | 20x |
Phemex LITEUSDT
BloFin LITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $2.29
- Price spread: −0.129% → −0.020%
- −$10.83
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$32.54
- Costs to cover
- 0.240%
- Break-even
- 106.5 days
Slippage unknown: Phemex: live order book, 1 min ago; BloFin: live order book, 29 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 | 0.53 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 29 min ago | 1.27 bp | 8.5 bp −$9 | 15.9 bp −$159 | 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 | −0.0112% | 1h | 946.24 | +0.717% | $93K | $215K | 10x | as long as short |
| Bitget LITEUSDT | −0.0080% | 8h | 937.91 | −0.169% | $2.6M | $3.1M | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 938.98 | −0.055% | $105K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 937.87 | −0.173% | $45K | $249K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 938.09 | −0.150% | $12.0M | $49.9M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 938.16 | −0.143% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 938.12 | −0.147% | $3.5M | $18.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 938.52 | −0.104% | $7.8M | $6.4M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 939.61 | +0.012% | $258K | $139K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 938.72 | −0.083% | $451 | $191K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 938.10 | −0.149% | $856 | $3.6M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 938.62 | −0.094% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 939.50 | long leg | $1.5M | $742K | 10x | |
| BloFin LITE-USDTshort | +0.0011% | 8h | 938.29 | −0.129% | $215K | $243K | 20x | |
| QFEX LITE-USD | +0.0014% | 1h | 937.58 | −0.204% | $1.1M | $3.9M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 937.75 | −0.186% | $24K | $102K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 937.63 | −0.199% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 937.98 | −0.162% | $7.6M | $5.7M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 936.00 | −0.373% | $73K | $220K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 937.89 | −0.171% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 937.61 | −0.201% | $33K | $355K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 938.62 | −0.094% | $515K | $82K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 938.92 | −0.062% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 938.20 | −0.138% | $912 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 938.00 | −0.159% | — | — | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0145% | 1h | 938.06 | −0.153% | $18K | $41K | 10x | as long as short |
| edgeX LITEUSDC | +0.0455% | 4h | 939.51 | +0.001% | $58K | $478K | 10x | as long as short |
SunX LITE-USDT
HTX LITE-USDT
QFEX LITE-USD
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
edgeX LITEUSDC