Funding you earn now, next payment 21:00 UTC+0.0942%/8h= +103.2% APRnext payment +$1.18 per $10,000 · paid last 24h +0.159%
Price spread now: Coinbase International against Deribit+2.220%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Coinbase International is 2.220% dearer against Deribit than usual: you sell high and buy low: +$222 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LIT_USDC-PERPETUAL | 4.7400 | −0.1094 | get 0.0137% / 1h | 49m 42s | $42K | $40K | 10x |
| Short | Coinbase International LIT-PERP-INTX | 4.8452 | −0.0152 | pay 0.0019% / 1h | 49m 42s | $668K | $408K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- $197.86
- Price spread: +2.220% → 0.000%
- $222.05
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $402.91
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 38 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 38 min ago | 7.23 bp | 18.2 bp −$18 | 44.3 bp −$443 | doesn't fit | doesn't fit |
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.
LIT on 42 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 LIT_USDC-PERPETUALlong | −0.1094% | 1h | 4.7400 | long leg | $42K | $40K | 10x | |
| 01 Exchange LITUSD | −0.0664% | 1h | 4.7321 | −0.166% | $33K | $4K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0608% | 1h | 4.7424 | +0.051% | $666K | $1.5M | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0572% | 4h | 4.7345 | −0.115% | $32K | $2K | 10x | as long as short |
| Gate LIT_USDT | −0.0504% | 4h | 4.7440 | +0.085% | $2.8M | $4.5M | 50x | as long as short |
| Phemex LITUSDT | −0.0461% | 4h | 4.7360 | −0.084% | $1.3M | $2.7M | 20x | as long as short |
| KuCoin LITUSDTM | −0.0328% | 4h | 4.7444 | +0.093% | $5.3M | $1.1M | 30x | as long as short |
| Bullet LIT-USD | −0.0313% | 1h | 4.7393 | −0.014% | $85K | $81K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0295% | 4h | 4.7426 | +0.055% | $25.1M | $60.8M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0260% | 4h | 4.7480 | +0.169% | $895K | $1.9M | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0218% | 4h | 4.7428 | +0.060% | $42.9M | $30.2M | 75x | as long as short |
| Nado LIT-PERP | −0.0212% | 1h | 4.7406 | +0.014% | $2.1M | $1.7M | 10x | as long as short |
| Coinbase International LIT-PERP-INTXshort | −0.0152% | 1h | 4.8452 | +2.220% | $668K | $408K | 50x | |
| Extended LIT-USD | −0.0088% | 1h | 4.7411 | +0.025% | $5.2M | $5.1M | 25x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7466 | +0.140% | $246K | $321K | 5x | as long as short |
| SoDEX LIT-USD | −0.0046% | 1h | 4.7396 | −0.008% | $982 | $474K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0015% | 8h | 4.7385 | −0.032% | $5K | $1K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7460 | +0.127% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7444 | +0.093% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7450 | +0.106% | $816K | $2.0M | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.351% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDT | +0.0043% | 4h | 4.7421 | +0.045% | $74.9M | $80.7M | 75x | as long as short |
| MEXC LIT_USDT | +0.0050% | 4h | 4.7420 | +0.043% | $5.9M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0053% | 4h | 4.7455 | +0.117% | $289K | $311K | 10x | as long as short |
| Aevo LIT-PERP | +0.0064% | 1h | 4.7364 | −0.074% | $148K | $44K | 3x | as long as short |
| Polymarket Perps LIT-USD | +0.0066% | 1h | 4.7418 | +0.039% | $448K | $104K | 10x | as long as short |
| Bulk LIT-USD | +0.0077% | 1h | 4.7397 | −0.006% | $119K | $7K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7462 | +0.131% | $59.6M | $29.6M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7422 | +0.047% | $210.7M | $44.3M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7456 | +0.119% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7443 | +0.091% | $595K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7427 | +0.058% | $118K | $444K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7430 | +0.064% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7440 | +0.085% | $56K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7439 | +0.083% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7432 | +0.068% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7443 | +0.091% | $189K | $331K | 30x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7450 | +0.106% | $31K | $842K | 33x | as long as short |
| Aftermath Perps LITUSD | +0.0199% | 1h | 4.7541 | +0.299% | $11K | $198K | 10x | as long as short |
| BloFin LIT-USDT | +0.0203% | 4h | 4.7398 | −0.004% | $1.5M | $2.0M | 75x | as long as short |
| Lighter RH LIT | +0.0288% | 1h | 4.7489 | +0.188% | $3.7M | $14.0M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0388% / S −0.0190% | 1h | 4.7433 | +0.071% | $59K | — | 50x | as long as short |
Deribit LIT_USDC-PERPETUAL
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
Backpack LIT_USDC_PERP
Gate LIT_USDT
Phemex LITUSDT
KuCoin LITUSDTM
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
Bybit LITUSDT
Extended LIT-USD
Phoenix LIT
SoDEX LIT-USD
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Injective LIT/USDC PERP
Binance LITUSDT
MEXC LIT_USDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Bulk LIT-USD
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Aftermath Perps LITUSD
BloFin LIT-USDT
Lighter RH LIT
GMX LIT/USD [ETH-USDC]