Funding you earn now, next payment 06:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.047%
Price spread now: Coinbase International against BloFin+0.319%58s7-day average −0.243% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as 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−$490.493% of the position
Funding, last 7 days−0.262%−$26 on $10k
+Price spread, last 4 days (all we have)−0.337%−$34 · spread now +0.319%, 7d avg −0.243%
=The price spread pays, funding is against you. Coinbase International is 0.562% dearer against BloFin than usual: you sell high and buy low (spread +0.319% now, against its 7-day average of −0.243%): +$56 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 44 days. At the pace of the last 7 days (−0.262% in total) that is about 15 days. The two prices were read 58 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 | BloFin LITE-USDT | 943.64 | −0.0030 | get 0.0030% / 8h | 1h 31m | $215K | $237K | 20x |
| Short | Coinbase International LITE-PERP-INTX | 946.65 | −0.0072 | pay 0.0009% / 1h | 31m 33s | $92K | $212K | 10x |
BloFin LITE-USDT
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- −$8.87
- Price spread: +0.319% → −0.243%
- $56.17
- Slippage, 4 orders
- −$27.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$1.96
- Costs to cover
- 0.493%
- Break-even
- from the start
Slippage from BloFin: live order book, 45 min ago; Coinbase International: live order book, 11 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 BloFin live order book, 45 min ago | 0.05 bp | 11.3 bp −$11 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 11 min ago | 8.91 bp | 13.9 bp −$14 | 19.5 bp −$195 | 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 | −0.0669% | 8h | 944.04 | +0.042% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTXshort | −0.0072% | 1h | 946.65 | +0.319% | $92K | $212K | 10x | |
| Deribit LITE_USDC-PERPETUAL | −0.0057% | 1h | 943.12 | −0.055% | $18K | $40K | 10x | as long as short |
| BloFin LITE-USDTlong | −0.0030% | 8h | 943.64 | long leg | $215K | $237K | 20x | |
| Aster LITEUSDT | 0.0000% | 8h | 944.15 | +0.054% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 943.83 | +0.020% | $14K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 944.13 | +0.052% | $12.1M | $49.2M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 943.90 | +0.028% | $1.7M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 944.30 | +0.070% | $3.6M | $18.3M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 944.57 | +0.099% | $7.9M | $6.5M | 50x | as long as short |
Bitget LITEUSDT
Deribit LITE_USDC-PERPETUAL
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 942.99 | −0.068% | $259K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 944.09 | +0.047% | $387 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 943.00 | −0.068% | $688 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 943.50 | −0.015% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 944.06 | +0.045% | $1.5M | $725K | 10x | as long as short |
| QFEX LITE-USD | +0.0012% | 1h | 944.05 | +0.043% | $1.1M | $3.5M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 943.55 | −0.010% | $24K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 943.40 | −0.025% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 944.62 | +0.104% | $73K | $229K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 943.50 | −0.015% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 942.21 | −0.152% | $32K | $346K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0084% | 1h | 944.63 | +0.105% | $7.5M | $5.8M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 943.66 | +0.002% | $518K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 944.27 | +0.067% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 943.35 | −0.031% | $917 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 943.30 | −0.036% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0517% | 4h | 943.21 | −0.046% | $60K | $471K | 10x | as long as short |
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
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