Funding you earn now, next payment 02:00 UTC−0.0200%/8h= −21.9% APRpaid last 24h −0.052%
Price spread now: Aster against tradeXYZ+0.171%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$346as in the Funding arb table
Net, price: spread back to 7d avg − costs−$329as in the Price arb table
costs, in and out, $10k−$3363.357% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.171%, 7d avg +0.107%
=Together, before fees−0.108%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.064% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.171% now, against its 7-day average of +0.107%): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.106% in total) that is about 4.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.5% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:LITE | 958.47 | 0.0200 | pay 0.0025% / 1h | 33m 48s | $7.2M | $5.1M | 10x |
| Short | Aster LITEUSDT | 960.11 | 0 | get 0.0000% / 8h | 6h 33m | $108K | $17K | 20x |
tradeXYZ xyz:LITE
Aster LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- −$41.99
- Price spread: +0.171% → +0.107%
- $6.42
- Slippage, 4 orders
- −$309.68
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$371.26
- Costs to cover
- 3.357%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; Aster: live order book, 32 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 tradeXYZ live order book, 3 min ago | 0.47 bp | 9.5 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 32 min ago | 53.72 bp | 75.2 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
LITE on 26 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 | −0.0232% | 1h | 965.50 | +0.733% | $111K | $195K | 10x | as long as short |
| Aster LITEUSDTshort | 0.0000% | 8h | 960.11 | +0.171% | $108K | $17K | 20x | |
| Bybit LITEUSDT | 0.0000% | 8h | 958.66 | +0.020% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 958.57 | +0.010% | $3.8M | $17.7M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 959.22 | +0.078% | $8.0M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.66 | +0.020% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.74 | +0.132% | $326 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 959.00 | +0.055% | $767 | $3.9M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 959.53 | +0.111% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 959.33 | +0.090% | $1.5M | $684K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0028% | 1h | 958.84 | +0.039% | $1.1M | $5.1M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 958.51 | +0.004% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 957.98 | −0.051% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 958.85 | +0.040% | $75K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 958.78 | +0.032% | $23K | $10K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 957.90 | −0.059% | $168K | $162K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.68 | +0.022% | $519K | $39K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 958.29 | −0.019% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.76 | +0.030% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.84 | +0.039% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0170% | 4h | 959.42 | +0.099% | $70K | $454K | 10x | as long as short |
| Variational Omni LITE | +0.0197% | 8h | 958.77 | +0.031% | $241K | $122K | — | as long as short |
| tradeXYZ xyz:LITElong | +0.0200% | 1h | 958.47 | long leg | $7.2M | $5.1M | 10x | |
| Binance LITEUSDT | +0.0309% | 8h | 958.68 | +0.022% | $13.8M | $44.0M | 25x | as long as short |
| Extended LITE-USD | +0.0312% | 1h | 958.54 | +0.008% | $10K | $202K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0543% | 1h | 958.82 | +0.037% | $19K | $37K | 10x | as long as short |
QFEX LITE-USD
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
edgeX LITEUSDC
Variational Omni LITE
Binance LITEUSDT
Extended LITE-USD
Deribit LITE_USDC-PERPETUAL