Funding you earn now, next payment 21:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.039%
Price spread now: Coinbase International against Extended+2.180%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs+$155as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 7 days−1.041%−$104 on $10k
+Price spread, last 3 days (all we have)−0.970%−$97 · spread now +2.180%, 7d avg +0.133%
=Together, before fees−2.011%+ Points / potential airdropExtended: Active · farm board−$201 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 2.047% dearer against Extended than usual: you sell high and buy low (spread +2.180% now, against its 7-day average of +0.133%): +$205 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2 months. At the pace of the last 7 days (−1.041% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended LIT-USD | 4.7419 | −0.0048 | get 0.0006% / 1h | 54m 04s | $5.2M | $5.2M | 25x |
| Short | Coinbase International LIT-PERP-INTX | 4.8452 | −0.0152 | pay 0.0019% / 1h | 54m 04s | $668K | $408K | 50x |
Extended LIT-USD
Coinbase International LIT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- −$21.84
- Price spread: +2.180% → +0.133%
- $204.69
- Slippage, 4 orders
- −$34.95
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $132.9
- Costs to cover
- 0.500%
- Break-even
- from the start
Slippage from Extended: live order book, 5 min ago; Coinbase International: live order book, 34 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 Extended live order book, 5 min ago | 0.10 bp | 5.4 bp −$5 | 34.0 bp −$340 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 34 min ago | 7.23 bp | 18.2 bp −$18 | 44.3 bp −$443 | 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 | −0.0847% | 1h | 4.7435 | +0.035% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0720% | 1h | 4.7407 | −0.025% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0565% | 4h | 4.7362 | −0.119% | $32K | $2K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0514% | 1h | 4.7486 | +0.142% | $667K | $1.5M | 5x | as long as short |
| Phemex LITUSDT | −0.0484% | 4h | 4.7440 | +0.045% | $1.3M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0352% | 1h | 4.7414 | −0.010% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0334% | 4h | 4.7464 | +0.096% | $5.3M | $1.1M | 30x | as long as short |
| Gate LIT_USDT | −0.0332% | 4h | 4.7420 | +0.003% | $2.8M | $4.5M | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0292% | 4h | 4.7430 | +0.024% | $25.2M | $60.6M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0274% | 4h | 4.7490 | +0.151% | $896K | $1.9M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Backpack LIT_USDC_PERP
Phemex LITUSDT
Bullet LIT-USD
KuCoin LITUSDTM
Gate LIT_USDT
OKX LIT-USDT-SWAP
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0239% | 4h | 4.7440 | +0.045% | $42.8M | $30.1M | 75x | as long as short |
| Nado LIT-PERP | −0.0187% | 1h | 4.7420 | +0.004% | $2.1M | $1.7M | 10x | as long as short |
| SoDEX LIT-USD | −0.0180% | 1h | 4.7443 | +0.051% | $983 | $474K | 5x | as long as short |
| Coinbase International LIT-PERP-INTXshort | −0.0152% | 1h | 4.8452 | +2.180% | $668K | $408K | 50x | |
| Phoenix LIT | −0.0067% | 1h | 4.7677 | +0.545% | $246K | $321K | 5x | as long as short |
| Extended LIT-USDlong | −0.0048% | 1h | 4.7419 | long leg | $5.2M | $5.2M | 25x | |
| Paradex LIT-USD-PERP | −0.0017% | 8h | 4.7400 | −0.038% | $5K | $1K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7510 | +0.193% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7461 | +0.089% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7469 | +0.106% | $815K | $2.0M | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0030% | 1h | 4.7428 | +0.020% | $448K | $104K | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.310% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDT | +0.0053% | 4h | 4.7406 | −0.027% | $74.9M | $80.6M | 75x | as long as short |
| MEXC LIT_USDT | +0.0054% | 4h | 4.7412 | −0.014% | $5.9M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0060% | 4h | 4.7527 | +0.228% | $289K | $310K | 10x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7391 | −0.058% | $148K | $44K | 3x | as long as short |
| ApeX Omni LITUSDT | +0.0083% | 1h | 4.7490 | +0.150% | $56K | $78K | 50x | as long as short |
| Bulk LIT-USD | +0.0088% | 1h | 4.7627 | +0.439% | $119K | $7K | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7475 | +0.119% | $210.9M | $44.3M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7477 | +0.123% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7494 | +0.160% | $596K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7429 | +0.022% | $118K | $446K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7440 | +0.045% | $6.7M | $2.7M | 20x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7467 | +0.102% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7472 | +0.113% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7465 | +0.098% | $189K | $331K | 30x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7486 | +0.143% | $31K | $842K | 33x | as long as short |
| Lighter LIT | +0.0120% | 1h | 4.7517 | +0.207% | $59.6M | $29.5M | 5x | as long as short |
| Lighter RH LIT | +0.0160% | 1h | 4.7529 | +0.233% | $3.7M | $14.0M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0161% | 1h | 4.7644 | +0.476% | $11K | $198K | 10x | as long as short |
| BloFin LIT-USDT | +0.0218% | 4h | 4.7425 | +0.013% | $1.5M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0388% / S −0.0190% | 1h | 4.7459 | +0.085% | $60K | — | 50x | as long as short |
Bybit LITUSDT
Nado LIT-PERP
SoDEX LIT-USD
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Polymarket Perps LIT-USD
Injective LIT/USDC PERP
Binance LITUSDT
MEXC LIT_USDT
edgeX LITUSDC
Aevo LIT-PERP
ApeX Omni LITUSDT
Bulk LIT-USD
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bitget LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Perpl LIT
Lighter LIT
Lighter RH LIT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]