Funding you earn now, next payment 08:00 UTC−0.0281%/8h= −30.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.041%
Price spread now: Extended against tradeXYZ−0.078%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.078%, 7d avg +0.046%
=Together, before fees+0.105%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Extended is 0.124% cheaper against tradeXYZ than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.35 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 | tradeXYZ xyz:LITE | 948.19 | 0.0281 | pay 0.0035% / 1h | 57m 34s | $7.7M | $6.0M | 10x |
| Short | Extended LITE-USD | 947.45 | 0 | get 0.0000% / 1h | 57m 34s | $14K | $220K | 10x |
tradeXYZ xyz:LITE
Extended LITE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$58.97
- Price spread: −0.078% → +0.046%
- −$12.41
- Slippage, 4 orders
- −$20.96
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$115.35
- Costs to cover
- 0.440%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; Extended: live order book, 44 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, 11 min ago | 0.47 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 44 min ago | 1.70 bp | 11.0 bp −$11 | 101.1 bp −$1,011 | 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 | −0.0295% | 8h | 948.10 | −0.009% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0120% | 1h | 946.65 | −0.162% | $92K | $212K | 10x | as long as short |
| BloFin LITE-USDT | −0.0026% | 8h | 949.32 | +0.119% | $215K | $240K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 947.80 | −0.041% | $106K | $17K | 20x | as long as short |
| Extended LITE-USDshort | 0.0000% | 1h | 947.45 | −0.078% | $14K | $220K | 10x | |
| Binance LITEUSDT | 0.0000% | 8h | 947.75 | −0.046% | $12.1M | $49.4M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 947.80 | −0.041% | $1.8M | $1.9M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 948.32 | +0.014% | $3.6M | $18.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 948.70 | +0.054% | $7.9M | $6.4M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 949.05 | +0.091% | $260K | $154K | — | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
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 | 949.33 | +0.121% | $589 | $195K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 948.70 | +0.054% | $845 | $3.7M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 948.63 | +0.046% | $18K | $40K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 949.35 | +0.122% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 948.95 | +0.080% | $1.5M | $735K | 10x | as long as short |
| QFEX LITE-USD | +0.0002% | 1h | 948.06 | −0.014% | $1.1M | $3.7M | 10x | as long as short |
| edgeX LITEUSDC | +0.0008% | 4h | 948.73 | +0.057% | $63K | $471K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 947.52 | −0.071% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.04 | −0.016% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.17 | +0.103% | $74K | $229K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 948.78 | +0.062% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 947.62 | −0.060% | $32K | $349K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 947.75 | −0.046% | $520K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 949.15 | +0.101% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 948.68 | +0.052% | $922 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 948.58 | +0.041% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0281% | 1h | 948.19 | long leg | $7.7M | $6.0M | 10x |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
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