Funding you earn now, next payment 22:00 UTC−0.0184%/8h= −20.1% APRpaid last 24h −0.041%
Price spread now: Coinbase International against edgeX+0.988%77s7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as 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−$640.640% of the position
Funding, last 7 days−0.889%−$89 on $10k
+Price spread, last 3 days (all we have)−0.426%−$43 · spread now +0.988%, 7d avg +0.099%
=Together, before fees−1.315%+ Points / potential airdropedgeX: Active · farm board−$131 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.890% dearer against edgeX than usual: you sell high and buy low (spread +0.988% now, against its 7-day average of +0.099%): +$89 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 16 days. At the pace of the last 7 days (−0.889% in total) that is about 7.0 days. The two prices were read 77 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 | edgeX LITUSDC | 4.7254 | 0.0032 | pay 0.0016% / 4h | 1h 53m | $287K | $309K | 10x |
| Short | Coinbase International LIT-PERP-INTX | 4.7721 | −0.0152 | pay 0.0019% / 1h | 53m 58s | $660K | $404K | 50x |
edgeX LITUSDC
Coinbase International LIT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against edgeX. 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
- −$38.62
- Price spread: +0.988% → +0.099%
- $88.96
- Slippage, 4 orders
- −$44.98
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$13.64
- Costs to cover
- 0.640%
- Break-even
- from the start
Slippage from edgeX: live order book, 29 min ago; Coinbase International: live order book, 29 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 edgeX live order book, 29 min ago | 5.16 bp | 10.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 29 min ago | 8.70 bp | 19.8 bp −$20 | 59.0 bp −$590 | doesn't fit | doesn't fit |
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-PERPETUAL | −0.1162% | 1h | 4.7180 | −0.156% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0796% | 4h | 4.7230 | −0.051% | $2.8M | $4.4M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0632% | 4h | 4.7155 | −0.210% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0593% | 4h | 4.7160 | −0.199% | $1.3M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0403% | 4h | 4.7155 | −0.210% | $25.1M | $62.2M | 50x | as long as short |
| Bullet LIT-USD | −0.0358% | 1h | 4.7203 | −0.108% | $85K | $81K | 20x | as long as short |
| 01 Exchange LITUSD | −0.0344% | 1h | 4.7242 | −0.026% | $33K | $4K | 5x | as long as short |
| Bybit LITUSDT | −0.0293% | 4h | 4.7181 | −0.155% | $42.7M | $30.7M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0290% | 4h | 4.7203 | −0.108% | $5.2M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0212% | 4h | 4.7290 | +0.076% | $899K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Orderly PERP_LIT_USDC
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
01 Exchange LITUSD
Bybit LITUSDT
KuCoin LITUSDTM
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0204% | 1h | 4.7285 | +0.065% | $10K | $202K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0179% | 1h | 4.7200 | −0.115% | $663K | $1.5M | 5x | as long as short |
| Coinbase International LIT-PERP-INTXshort | −0.0152% | 1h | 4.7721 | +0.988% | $660K | $404K | 50x | |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7325 | +0.150% | $788K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | −0.0070% | 1h | 4.7271 | +0.037% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7306 | +0.110% | $246K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0018% | 8h | 4.7278 | +0.051% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7355 | +0.214% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7247 | −0.014% | $35K | — | 150x | as long as short |
| edgeX LITUSDClong | +0.0032% | 4h | 4.7254 | long leg | $287K | $309K | 10x | |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.663% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0040% | 4h | 4.7145 | −0.231% | $5.6M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0044% | 4h | 4.7146 | −0.229% | $74.8M | $81.6M | 75x | as long as short |
| Aevo LIT-PERP | +0.0056% | 1h | 4.7207 | −0.099% | $148K | $44K | 3x | as long as short |
| ApeX Omni LITUSDT | +0.0091% | 1h | 4.7310 | +0.118% | $55K | $78K | 50x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7244 | −0.021% | $59.3M | $29.2M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7222 | −0.068% | $210.5M | $44.7M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7245 | −0.019% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7319 | +0.137% | $582K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7277 | +0.048% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7185 | −0.146% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7240 | −0.030% | $6.7M | $2.7M | 20x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7244 | −0.021% | $446K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7230 | −0.051% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7207 | −0.100% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7185 | −0.146% | $1K | $479K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7236 | −0.038% | $190K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7159 | −0.202% | $5.2M | $5.2M | 25x | as long as short |
| BloFin LIT-USDT | +0.0164% | 4h | 4.7285 | +0.065% | $1.5M | $2.1M | 75x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7276 | +0.047% | $31K | $838K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7245 | −0.019% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0536% | 1h | 4.7249 | −0.011% | $3.7M | $13.5M | 5x | as long as short |
Aftermath Perps LITUSD
Backpack LIT_USDC_PERP
RISEx LIT/USDC
Nado LIT-PERP
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
MEXC LIT_USDT
Binance LITUSDT
Aevo LIT-PERP
ApeX Omni LITUSDT
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
Perpl LIT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT