Funding you earn now, next payment 04:00 UTC−0.0404%/8h= −44.2% APRnext payment −$0.51 per $10,000 · paid last 24h −0.049%
Price spread now: Coinbase International against SoDEX−0.279%7-day average +0.160% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$780.780% of the position
Funding, last 3 days (all we have)−0.222%−$22 on $10k
+Price spread, last 4 days (all we have)+1.052%+$105 · spread now −0.279%, 7d avg +0.160%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Coinbase International is 0.438% cheaper against SoDEX than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of +0.160%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX LIT-USD | 4.7035 | 0.0100 | pay 0.0013% / 1h | 57m 46s | $1K | $387K | 5x |
| Short | Coinbase International LIT-PERP-INTX | 4.6904 | −0.0304 | pay 0.0038% / 1h | 57m 46s | $613K | $352K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SoDEX. 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
- −$84.84
- Price spread: −0.279% → +0.160%
- −$43.85
- Slippage, 4 orders
- −$59.96
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$206.65
- Costs to cover
- 0.780%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 61 min ago; Coinbase International: live order book, 60 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 SoDEX live order book, 61 min ago | 0.54 bp | 20.1 bp −$20 | 51.1 bp −$511 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 60 min ago | 7.27 bp | 16.4 bp −$16 | 53.2 bp −$532 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITUSDT | −0.1058% | 4h | 4.7040 | +0.011% | $1.3M | $2.8M | 20x | as long as short |
| Nado LIT-PERP | −0.0625% | 1h | 4.7029 | −0.012% | $2.2M | $1.7M | 10x | as long as short |
| Bybit LITUSDT | −0.0594% | 4h | 4.7010 | −0.053% | $41.2M | $28.9M | 75x | as long as short |
| Gate LIT_USDT | −0.0434% | 4h | 4.7060 | +0.053% | $2.7M | $4.2M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0408% | 1h | 4.7064 | +0.062% | $661K | $1.4M | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0390% | 4h | 4.6993 | −0.089% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0344% | 1h | 4.7012 | −0.049% | $33K | $3K | 5x | as long as short |
| Coinbase International LIT-PERP-INTXshort | −0.0304% | 1h | 4.6904 | −0.279% | $613K | $352K | 50x | |
| Deribit LIT_USDC-PERPETUAL | −0.0209% | 1h | 4.7046 | +0.024% | $41K | $40K | 10x | as long as short |
| Bullet LIT-USD | −0.0141% | 1h | 4.7034 | −0.002% | $84K | $68K | 20x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0034% | 1h | 4.7099 | +0.136% | $203K | $297K | 5x | as long as short |
| RISEx LIT/USDC | −0.0008% | 1h | 4.7084 | +0.103% | $785K | $2.1M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7102 | +0.141% | $34K | — | 5x | as long as short |
| OKX LIT-USDT-SWAP | 0.0000% | 4h | 4.7003 | −0.068% | $25.3M | $61.2M | 50x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7079 | +0.094% | $11K | — | 150x | as long as short |
| KuCoin LITUSDTM | +0.0006% | 4h | 4.7036 | +0.002% | $5.2M | $1.0M | 30x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.137% | $422 | $178K | 5.5x | as long as short |
| Aftermath Perps LITUSD | +0.0045% | 1h | 4.7094 | +0.126% | $10K | $204K | 10x | as long as short |
| Extended LIT-USD | +0.0064% | 1h | 4.7008 | −0.058% | $5.2M | $5.0M | 25x | as long as short |
| ApeX Omni LITUSDT | +0.0067% | 1h | 4.7080 | +0.096% | $56K | $76K | 50x | as long as short |
| Paradex LIT-USD-PERP | +0.0070% | 8h | 4.6985 | −0.106% | $6K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7090 | +0.117% | $58.7M | $27.9M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7111 | +0.162% | $210.3M | $42.2M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7050 | +0.032% | $575K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7010 | −0.054% | $75.3M | $79.4M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7052 | +0.036% | $117K | $452K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7058 | +0.049% | $120K | $4K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7014 | −0.045% | $5.6M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7060 | +0.053% | $6.7M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7103 | +0.145% | $288K | $306K | 10x | as long as short |
| GRVT LIT_USDT_Perp | +0.0100% | 4h | 4.7089 | +0.115% | $906K | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7046 | +0.023% | $440K | $109K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7077 | +0.090% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7042 | +0.015% | $5K | $1.2M | 20x | as long as short |
| SoDEX LIT-USDlong | +0.0100% | 1h | 4.7035 | long leg | $1K | $387K | 5x | |
| HTX LIT-USDT | +0.0100% | 4h | 4.7103 | +0.145% | $199K | $360K | 30x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7028 | −0.015% | $147K | — | 3x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7098 | +0.134% | $31K | $759K | 33x | as long as short |
| Aster LITUSDT | +0.0240% | 4h | 4.7107 | +0.153% | $12.6M | $1.9M | 50x | as long as short |
| Lighter RH LIT | +0.0264% | 1h | 4.7125 | +0.191% | $3.8M | $13.0M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7013 | −0.047% | $1.5M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0436% / S −0.0231% | 1h | 4.7081 | +0.098% | $65K | — | 50x | as long as short |
SoDEX LIT-USD
Coinbase International LIT-PERP-INTX
Phemex LITUSDT
Bybit LITUSDT
Gate LIT_USDT
Backpack LIT_USDC_PERP
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
Phoenix LIT
RISEx LIT/USDC
OKX LIT-USDT-SWAP
gTrade (Gains Network) LIT/USD
KuCoin LITUSDTM
Injective LIT/USDC PERP
Aftermath Perps LITUSD
Extended LIT-USD
ApeX Omni LITUSDT
Paradex LIT-USD-PERP
Lighter LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
GRVT LIT_USDT_Perp
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Aster LITUSDT
Lighter RH LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]