Funding you earn now, next payment 07:00 UTC−0.0098%/8h= −10.8% APRpaid last 24h −0.049%
Price spread now: BloFin against tradeXYZ−0.005%48s7-day average +0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.406% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.005%, 7d avg +0.084%
=Together, before fees+0.031%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.089% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.084%). Swap the legs. The two prices were read 48 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 | tradeXYZ xyz:LITE | 946.83 | 0.0090 | pay 0.0011% / 1h | 24m 23s | $7.5M | $5.8M | 10x |
| Short | BloFin LITE-USDT | 946.78 | −0.0008 | pay 0.0008% / 8h | 1h 24m | $215K | $238K | 20x |
tradeXYZ xyz:LITE
BloFin LITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$20.68
- Price spread: −0.005% → +0.084%
- −$8.92
- Slippage, 4 orders
- −$10.55
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$70.15
- Costs to cover
- 0.406%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; BloFin: live order book, 52 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, 4 min ago | 0.48 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 0.05 bp | 9.0 bp −$9 | 14.3 bp −$143 | 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 | −0.0624% | 8h | 946.57 | −0.027% | $2.6M | $3.1M | 20x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0109% | 1h | 946.45 | −0.040% | $18K | $40K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | −0.019% | $92K | $212K | 10x | as long as short |
| BloFin LITE-USDTshort | −0.0008% | 8h | 946.78 | −0.005% | $215K | $238K | 20x | |
| Aster LITEUSDT | 0.0000% | 8h | 946.27 | −0.059% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 946.17 | −0.069% | $14K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 946.52 | −0.033% | $12.1M | $49.2M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 946.37 | −0.049% | $1.7M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 946.47 | −0.038% | $3.5M | $18.4M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 947.04 | +0.022% | $7.9M | $6.5M | 50x | as long as short |
Bitget LITEUSDT
Deribit LITE_USDC-PERPETUAL
Coinbase International LITE-PERP-INTX
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 | 945.21 | −0.171% | $260K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 944.68 | −0.227% | $1K | $195K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 946.60 | −0.024% | $683 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 945.68 | −0.121% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 947.12 | +0.031% | $1.5M | $726K | 10x | as long as short |
| QFEX LITE-USD | +0.0012% | 1h | 946.58 | −0.026% | $1.1M | $3.6M | 10x | as long as short |
| edgeX LITEUSDC | +0.0031% | 4h | 944.88 | −0.206% | $61K | $470K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 946.45 | −0.040% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 946.08 | −0.079% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 946.94 | +0.012% | $73K | $229K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 945.76 | −0.113% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 943.29 | −0.374% | $32K | $347K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0090% | 1h | 946.83 | long leg | $7.5M | $5.8M | 10x | |
| KuCoin LITEUSDTM | +0.0100% | 8h | 945.86 | −0.102% | $519K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 944.93 | −0.201% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 946.32 | −0.054% | $920 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 946.25 | −0.061% | — | — | 10x | as long as short |
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
edgeX LITEUSDC
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