Funding you earn now, next payment 05:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.086%
Price spread now: Coinbase International against Binance−0.245%7-day average −0.221% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days−0.278%−$28 on $10k
+Price spread, last 4 days (all we have)+0.232%+$23 · spread now −0.245%, 7d avg −0.221%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.024% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.221%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LITEUSDT | 943.70 | 0 | get 0.0000% / 8h | 2h 16m | $12.1M | $48.9M | 25x |
| Short | Coinbase International LITE-PERP-INTX | 941.39 | −0.0072 | pay 0.0009% / 1h | 16m 36s | $95K | $208K | 10x |
Binance LITEUSDT
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Binance. 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
- −$15.12
- Price spread: −0.245% → −0.221%
- −$2.4
- Slippage, 4 orders
- −$28.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$65.63
- Costs to cover
- 0.481%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Coinbase International: live order book, 31 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 Binance live order book, 11 min ago | 1.49 bp | 9.7 bp −$10 | 25.0 bp −$250 | 95.5 bp −$9,552 | doesn't fit |
| Sell Coinbase International live order book, 31 min ago | 7.41 bp | 12.7 bp −$13 | 16.4 bp −$164 | doesn't fit | doesn't fit |
LITE on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0801% | 8h | 943.38 | −0.034% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTXshort | −0.0072% | 1h | 941.39 | −0.245% | $95K | $208K | 10x | |
| Deribit LITE_USDC-PERPETUAL | −0.0015% | 1h | 943.45 | −0.026% | $18K | $40K | 10x | as long as short |
| BloFin LITE-USDT | −0.0014% | 8h | 943.21 | −0.052% | $218K | $235K | 20x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 943.25 | −0.048% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 943.81 | +0.012% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 943.41 | −0.031% | $14K | $219K | 10x | as long as short |
| Binance LITEUSDTlong | 0.0000% | 8h | 943.70 | long leg | $12.1M | $48.9M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 943.66 | −0.004% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 944.01 | +0.033% | $3.6M | $18.0M | 25x | as long as short |
Bitget LITEUSDT
Deribit LITE_USDC-PERPETUAL
BloFin LITE-USDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Bybit LITEUSDT
OKX LITE-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LITE_USDT | 0.0000% | 8h | 944.10 | +0.042% | $7.9M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 942.07 | −0.173% | $259K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 943.93 | +0.024% | $680 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 943.30 | −0.042% | $570 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 944.13 | +0.046% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 943.83 | +0.014% | $1.5M | $712K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 943.76 | +0.006% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 942.78 | −0.097% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 943.44 | −0.028% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 943.04 | −0.070% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 943.55 | −0.016% | $32K | $341K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 943.60 | −0.011% | $518K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 943.95 | +0.026% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 943.79 | +0.010% | $917 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 943.77 | +0.007% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0162% | 1h | 943.81 | +0.012% | $7.5M | $5.8M | 10x | as long as short |
| edgeX LITEUSDC | +0.0619% | 4h | 942.20 | −0.159% | $59K | $468K | 10x | as long as short |
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
edgeX LITEUSDC