Funding you earn now, next payment 08:00 UTC+0.0317%/8h= +34.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.050%
Price spread now: tradeXYZ against QFEX−0.809%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$390.392% of the position
Funding, last 4 days (all we have)+0.050%+$5 on $10k
+Price spread, last 7 days+0.735%+$74 · spread now −0.809%, 7d avg −0.053%
=Together, before fees+0.786%+ Points / potential airdroptradeXYZ: Active · farm board+$79 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.756% cheaper against QFEX than usual: you would sell low and buy high (spread −0.809% now, against its 7-day average of −0.053%). If the spread goes back, that is −$76 on $10k: about 7.9 days of funding at the current rate (+$10 a day). At the pace of the last 4 days (+0.050% in total) that is about 56 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.050% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LITE-USD | 955.37 | 0.0002 | pay 0.0000% / 1h | 59m 18s | $1.1M | $3.8M | 10x |
| Short | tradeXYZ xyz:LITE | 947.64 | 0.0320 | get 0.0040% / 1h | 59m 18s | $7.7M | $5.8M | 10x |
QFEX LITE-USD
tradeXYZ xyz:LITEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $66.65
- Price spread: −0.809% → −0.053%
- −$75.63
- Slippage, 4 orders
- −$11.16
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$48.14
- Costs to cover
- 0.392%
- Break-even
- 12.1 days
Slippage from QFEX: live order book, 4 min ago; tradeXYZ: live order book, 9 min ago.
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, 4 min ago | 1.63 bp | 7.9 bp −$8 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.05 bp | 10.2 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0112% | 1h | 946.24 | −0.956% | $93K | $215K | 10x | as long as short |
| Bitget LITEUSDT | −0.0100% | 8h | 947.59 | −0.814% | $2.6M | $3.1M | 20x | as long as short |
| BloFin LITE-USDT | −0.0026% | 8h | 947.70 | −0.803% | $217K | $243K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 949.03 | −0.664% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 948.38 | −0.732% | $49K | $247K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 947.38 | −0.837% | $12.1M | $49.6M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 949.73 | −0.590% | $1.8M | $2.0M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 948.04 | −0.767% | $3.6M | $18.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 948.42 | −0.727% | $8.0M | $6.3M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 947.25 | −0.850% | $260K | $140K | — | as long as short |
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
BloFin LITE-USDT
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 | 947.41 | −0.833% | $720 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 948.00 | −0.771% | $717 | $3.7M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 947.37 | −0.837% | $18K | $41K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 948.02 | −0.769% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 948.47 | −0.722% | $1.5M | $742K | 10x | as long as short |
| QFEX LITE-USDlong | +0.0002% | 1h | 955.37 | long leg | $1.1M | $3.8M | 10x | |
| Lighter LITE | +0.0032% | 1h | 946.50 | −0.928% | $25K | $102K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 952.75 | −0.274% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 946.63 | −0.915% | $73K | $222K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 946.60 | −0.918% | $32K | $353K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 947.63 | −0.810% | $519K | $60K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.16 | −0.755% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 949.50 | −0.614% | $923 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 948.64 | −0.705% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0296% | 1h | 947.57 | −0.816% | $23K | $9K | 10x | as long as short |
| tradeXYZ xyz:LITEshort | +0.0320% | 1h | 947.64 | −0.809% | $7.7M | $5.8M | 10x | |
| edgeX LITEUSDC | +0.0561% | 4h | 947.85 | −0.788% | $63K | $473K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
edgeX LITEUSDC