Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.110%
Price spread now: edgeX against Phemex+0.163%78s7-day average −0.041% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.163%, 7d avg −0.041%
=Together, before fees+0.124%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.204% dearer against Phemex than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.041%. The two prices were read 78 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 | Phemex LITEUSDT | 941.57 | 0 | get 0.0000% / 8h | 2h 26m | $1.5M | $712K | 10x |
| Short | edgeX LITEUSDC | 943.10 | 0.0028 | get 0.0014% / 4h | 2h 26m | $60K | $466K | 10x |
Phemex LITEUSDT
edgeX LITEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $5.85
- Price spread: +0.163% → −0.041%
- $20.39
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $5.25
- Costs to cover
- 0.210%
- Break-even
- 0.7 days
Slippage unknown: Phemex: live order book, 2 min ago; edgeX: live order book, 22 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, 2 min ago | 1.33 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 22 min ago | 5.01 bp | 16.8 bp −$17 | 19.7 bp −$197 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0774% | 8h | 941.39 | −0.019% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 941.39 | −0.019% | $95K | $208K | 10x | as long as short |
| BloFin LITE-USDT | −0.0013% | 8h | 940.59 | −0.104% | $220K | $234K | 20x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 940.92 | −0.069% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 940.79 | −0.082% | $105K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 940.59 | −0.104% | $14K | $219K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 940.63 | −0.100% | $12.0M | $48.6M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 941.00 | −0.061% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 940.87 | −0.074% | $3.7M | $17.8M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 941.39 | −0.019% | $7.9M | $6.4M | 50x | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 942.73 | +0.123% | $259K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 942.85 | +0.136% | $877 | $192K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 940.70 | −0.092% | $828 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 940.64 | −0.099% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 941.57 | long leg | $1.5M | $712K | 10x | |
| edgeX LITEUSDCshort | +0.0028% | 4h | 943.10 | +0.163% | $60K | $466K | 10x | |
| Lighter LITE | +0.0032% | 1h | 940.22 | −0.143% | $24K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 940.19 | −0.147% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 941.03 | −0.057% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 940.21 | −0.144% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 943.23 | +0.176% | $32K | $340K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 940.45 | −0.119% | $516K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 941.77 | +0.021% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 940.65 | −0.098% | $914 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 940.46 | −0.118% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0125% | 1h | 940.62 | −0.101% | $7.5M | $5.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0197% | 1h | 940.51 | −0.113% | $18K | $40K | 10x | as long as short |
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
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
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUAL