Funding you earn now, next payment 05:00 UTC−0.0399%/8h= −43.7% APRnext payment −$0.50 per $10,000 · paid last 24h +0.011%
Price spread now: Deribit against tradeXYZ−0.077%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Deribit is 0.077% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 951.30 | 0.0050 | pay 0.0006% / 1h | 39m 13s | $7.2M | $5.5M | 10x |
| Short | Deribit LITE_USDC-PERPETUAL | 950.57 | −0.0349 | pay 0.0044% / 1h | 39m 13s | $18K | $39K | 10x |
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$83.85
- Price spread: −0.077% → 0.000%
- −$7.67
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$116.52
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 9 min ago; Deribit: no order-book sample. 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 tradeXYZ live order book, 9 min ago | 1.20 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-PERPETUALshort | −0.0349% | 1h | 950.57 | −0.077% | $18K | $39K | 10x | |
| Coinbase International LITE-PERP-INTX | −0.0224% | 1h | 957.73 | +0.676% | $101K | $203K | 10x | as long as short |
| BloFin LITE-USDT | −0.0014% | 8h | 951.28 | −0.002% | $222K | $234K | 20x | as long as short |
| QFEX LITE-USD | −0.0002% | 1h | 951.58 | +0.029% | $1.1M | $3.7M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 951.98 | +0.071% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 950.73 | −0.060% | $17K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 951.18 | −0.013% | $12.4M | $46.8M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 951.22 | −0.008% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 951.14 | −0.017% | $3.7M | $17.4M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 951.63 | +0.035% | $8.0M | $6.2M | 50x | as long as short |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | 0.0000% | 8h | 951.34 | +0.004% | $2.6M | $2.9M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 951.98 | +0.071% | $261K | $153K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 952.30 | +0.106% | $295 | $184K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 951.50 | +0.021% | $609 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 951.36 | +0.006% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 951.62 | +0.034% | $1.5M | $692K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 951.01 | −0.030% | $23K | $103K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 951.28 | −0.002% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0050% | 1h | 951.30 | long leg | $7.2M | $5.5M | 10x | |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 951.78 | +0.050% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 951.13 | −0.018% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 952.66 | +0.143% | $34K | $305K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 951.27 | −0.003% | $522K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 953.86 | +0.269% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 950.95 | −0.037% | $924 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 950.80 | −0.053% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0628% | 4h | 952.28 | +0.103% | $65K | $453K | 10x | as long as short |
Bitget LITEUSDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
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