Funding you earn now, next payment 21:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h −0.058%
Price spread now: Coinbase International against Bitget−0.011%7-day average −0.217% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$610.615% of the position
Funding, last 7 days−0.264%−$26 on $10k
+Price spread, last 3 days (all we have)−0.027%−$3 · spread now −0.011%, 7d avg −0.217%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.205% dearer against Bitget than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.217%. Mind the row above: over the last 7 days funding on this pair cost −0.264%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LITEUSDT | 956.70 | 0 | get 0.0000% / 8h | 2h 35m | $2.7M | $3.0M | 20x |
| Short | Coinbase International LITE-PERP-INTX | 956.59 | 0.0120 | get 0.0015% / 1h | 35m 42s | $118K | $337K | 10x |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bitget. 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
- $25.2
- Price spread: −0.011% → −0.217%
- $20.52
- Slippage, 4 orders
- −$39.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$15.75
- Costs to cover
- 0.615%
- Break-even
- 11.4 days
Slippage from Bitget: live order book, 2 min ago; Coinbase International: live order book, 52 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 Bitget live order book, 2 min ago | 2.82 bp | 15.0 bp −$15 | 30.0 bp −$300 | 49.7 bp −$4,970 | doesn't fit |
| Sell Coinbase International live order book, 52 min ago | 8.74 bp | 13.8 bp −$14 | 20.1 bp −$201 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LITE-USDT | 0.0000% | 8h | 956.76 | +0.006% | $224K | $235K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 956.35 | −0.037% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 956.56 | −0.014% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 956.70 | 0.000% | $13.7M | $45.1M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 956.59 | −0.011% | $1.9M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 956.81 | +0.011% | $3.8M | $17.9M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 957.13 | +0.045% | $8.0M | $6.3M | 50x | as long as short |
| Bitget LITEUSDTlong | 0.0000% | 8h | 956.70 | long leg | $2.7M | $3.0M | 20x | |
| Variational Omni LITE | 0.0000% | 8h | 956.77 | +0.008% | $241K | $143K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 956.67 | −0.003% | $1K | $257K | 10x | as long as short |
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 956.80 | +0.010% | $698 | $4.2M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 956.77 | +0.007% | $18K | $36K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 957.05 | +0.037% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 957.19 | +0.051% | $1.5M | $683K | 10x | as long as short |
| QFEX LITE-USD | +0.0018% | 1h | 956.73 | +0.003% | $1.1M | $5.1M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 956.85 | +0.016% | $27K | $103K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 956.30 | −0.042% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 956.78 | +0.008% | $31K | $484K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 956.86 | +0.017% | $23K | $10K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 955.95 | −0.078% | $174K | $154K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0093% | 1h | 957.38 | +0.071% | $7.2M | $5.0M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 956.68 | −0.002% | $515K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 956.86 | +0.017% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 956.66 | −0.004% | $930 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 956.57 | −0.013% | — | — | 10x | as long as short |
| Coinbase International LITE-PERP-INTXshort | +0.0120% | 1h | 956.59 | −0.011% | $118K | $337K | 10x | |
| edgeX LITEUSDC | +0.0993% | 4h | 956.71 | +0.001% | $68K | $458K | 10x | as long as short |
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
tradeXYZ xyz:LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC