Funding you earn now, next payment 11:00 UTC−0.0162%/8h= −17.8% APRpaid last 24h −0.061%
Price spread now: SunX against tradeXYZ−0.094%52s7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as 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−$1531.533% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.094%, 7d avg +0.066%
=Together, before fees+0.015%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.160% cheaper against tradeXYZ than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.066%). Swap the legs. The two prices were read 52 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 | 949.29 | 0.0162 | pay 0.0020% / 1h | 41m 25s | $7.7M | $5.6M | 10x |
| Short | SunX LITE-USDT | 948.40 | 0 | get 0.0000% / 8h | 5h 41m | $689 | $3.5M | 10x |
tradeXYZ xyz:LITE
SunX LITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$34.12
- Price spread: −0.094% → +0.066%
- −$15.96
- Slippage, 4 orders
- −$127.26
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$203.34
- Costs to cover
- 1.533%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; SunX: live order book, 10 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, 10 min ago | 0.74 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 46.35 bp | 64.7 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
LITE on 27 exchanges
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 | −0.0056% | 1h | 950.35 | +0.112% | $122K | $171K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0035% | 1h | 947.85 | −0.152% | $18K | $41K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 947.58 | −0.180% | $106K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 948.15 | −0.120% | $46K | $250K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 948.47 | −0.086% | $12.1M | $51.6M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 949.09 | −0.021% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 948.49 | −0.084% | $3.5M | $19.0M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 948.18 | −0.117% | $2.6M | $3.4M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 948.25 | −0.109% | $260K | $129K | — | as long as short |
| SunX LITE-USDTshort | 0.0000% | 8h | 948.40 | −0.094% | $689 | $3.5M | 10x |
Coinbase International LITE-PERP-INTX
Deribit LITE_USDC-PERPETUAL
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
Variational Omni LITEShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 948.99 | −0.032% | $7K | $30K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 948.61 | −0.072% | $1.5M | $748K | 10x | as long as short |
| BloFin LITE-USDT | +0.0010% | 8h | 948.29 | −0.105% | $216K | $257K | 20x | as long as short |
| QFEX LITE-USD | +0.0040% | 1h | 948.08 | −0.127% | $1.1M | $3.7M | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.19 | −0.116% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.17 | −0.013% | $74K | $224K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 946.95 | −0.247% | $32K | $362K | 10x | as long as short |
| Lighter LITE | +0.0056% | 1h | 948.48 | −0.085% | $26K | $102K | 10x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 948.22 | −0.113% | $922 | $3K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 948.15 | −0.120% | $519K | $213K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.02 | −0.134% | $16K | $268K | 50x | as long as short |
| Gate LITE_USDT | +0.0102% | 8h | 948.82 | −0.050% | $8.0M | $6.6M | 50x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 948.29 | −0.106% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0153% | 1h | 948.38 | −0.096% | $23K | $9K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0162% | 1h | 949.29 | long leg | $7.7M | $5.6M | 10x | |
| GRVT LITE_USDT_Perp | +0.0354% | 8h | 948.33 | −0.101% | $427 | $191K | 10x | as long as short |
| edgeX LITEUSDC | +0.0684% | 4h | 947.76 | −0.162% | $63K | $491K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
QFEX LITE-USD
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
Lighter LITE
Orderly PERP_LITE_USDC_mythos
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Gate LITE_USDT
Aevo LITE-PERP
SoDEX LITE-USD
GRVT LITE_USDT_Perp
edgeX LITEUSDC