Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.3% APRpaid last 24h −0.009%
Price spread now: Phemex against QFEX+0.094%7-day average +0.047% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.094%, 7d avg +0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.047% dearer against QFEX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LITE-USD | 948.25 | 0.0002 | pay 0.0000% / 1h | 51m 18s | $1.1M | $3.7M | 10x |
| Short | Phemex LITEUSDT | 949.14 | 0 | get 0.0000% / 8h | 51m 18s | $1.5M | $734K | 10x |
QFEX LITE-USD
Phemex LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against QFEX. 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
- −$0.5
- Price spread: +0.094% → +0.047%
- $4.71
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$17.79
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 7 min ago; Phemex: live order book, 2 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 QFEX live order book, 7 min ago | 1.21 bp | 8.9 bp −$9 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 3.16 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LITE_USDC-PERPETUAL | −0.0583% | 1h | 947.87 | −0.040% | $18K | $40K | 10x | as long as short |
| Bitget LITEUSDT | −0.0273% | 8h | 948.88 | +0.066% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0120% | 1h | 947.41 | −0.089% | $94K | $214K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 949.13 | +0.093% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 948.69 | +0.047% | $18K | $222K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 948.80 | +0.058% | $12.2M | $49.4M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 949.02 | +0.081% | $1.8M | $1.9M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 948.83 | +0.061% | $3.6M | $18.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 949.54 | +0.136% | $8.0M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 947.81 | −0.046% | $260K | $153K | — | 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 | 947.79 | −0.049% | $569 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 948.50 | +0.026% | $837 | $3.7M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 948.71 | +0.049% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTshort | 0.0000% | 8h | 949.14 | +0.094% | $1.5M | $734K | 10x | |
| QFEX LITE-USDlong | +0.0002% | 1h | 948.25 | long leg | $1.1M | $3.7M | 10x | |
| BloFin LITE-USDT | +0.0006% | 8h | 948.70 | +0.047% | $215K | $240K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 948.95 | +0.074% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.01 | −0.025% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.14 | +0.094% | $74K | $229K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 948.48 | +0.024% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 948.05 | −0.021% | $32K | $349K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 948.82 | +0.060% | $521K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.64 | +0.041% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 948.65 | +0.042% | $922 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 948.65 | +0.042% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0239% | 1h | 949.28 | +0.109% | $7.7M | $6.0M | 10x | as long as short |
| edgeX LITEUSDC | +0.0491% | 4h | 948.53 | +0.029% | $63K | $472K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
BloFin 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
edgeX LITEUSDC