Funding you earn now, next payment 21:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h −0.052%
Price spread now: Coinbase International against Bybit−0.121%7-day average −0.222% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$640.641% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 3 days (all we have)+0.083%+$8 · spread now −0.121%, 7d avg −0.222%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.101% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.222%. Mind the row above: over the last 7 days funding on this pair cost −0.180%, 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 | Bybit LITEUSDT | 957.75 | 0 | get 0.0000% / 8h | 2h 25m | $1.9M | $1.8M | 25x |
| Short | Coinbase International LITE-PERP-INTX | 956.59 | 0.0120 | get 0.0015% / 1h | 25m 00s | $118K | $337K | 10x |
Bybit LITEUSDT
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bybit. 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: −0.121% → −0.222%
- $10.1
- Slippage, 4 orders
- −$43.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$28.82
- Costs to cover
- 0.641%
- Break-even
- 15.0 days
Slippage from Bybit: live order book, 2 min ago; Coinbase International: live order book, 63 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 Bybit live order book, 2 min ago | 2.24 bp | 18.5 bp −$19 | 84.0 bp −$840 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 63 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LITEUSDT | 0.0000% | 8h | 956.98 | −0.081% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 957.84 | +0.009% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 957.92 | +0.018% | $13.7M | $45.2M | 25x | as long as short |
| Bybit LITEUSDTlong | 0.0000% | 8h | 957.75 | long leg | $1.9M | $1.8M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 957.74 | −0.001% | $3.8M | $17.9M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 958.25 | +0.052% | $8.0M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 957.45 | −0.031% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 957.97 | +0.023% | $241K | $143K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 957.84 | +0.009% | $709 | $254K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 957.80 | +0.005% | $714 | $4.2M | 10x | as long as short |
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 957.88 | +0.014% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 958.29 | +0.056% | $1.5M | $687K | 10x | as long as short |
| QFEX LITE-USD | +0.0018% | 1h | 957.62 | −0.014% | $1.1M | $5.1M | 10x | as long as short |
| BloFin LITE-USDT | +0.0024% | 8h | 957.73 | −0.002% | $223K | $236K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 957.18 | −0.060% | $27K | $103K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 956.91 | −0.088% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 957.71 | −0.004% | $31K | $484K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 957.81 | +0.006% | $23K | $10K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 957.65 | −0.010% | $174K | $157K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 957.05 | −0.073% | $516K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 957.70 | −0.005% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 957.59 | −0.017% | $931 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 957.59 | −0.016% | — | — | 10x | as long as short |
| Coinbase International LITE-PERP-INTXshort | +0.0120% | 1h | 956.59 | −0.121% | $118K | $337K | 10x | |
| tradeXYZ xyz:LITE | +0.0218% | 1h | 958.40 | +0.068% | $7.2M | $5.1M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0345% | 1h | 957.76 | +0.001% | $18K | $36K | 10x | as long as short |
| edgeX LITEUSDC | +0.0776% | 4h | 957.28 | −0.049% | $68K | $458K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDT
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
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC