Funding you earn now, next payment 05:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.086%
Price spread now: Binance against Coinbase International+0.363%53s7-day average +0.221% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as 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−$480.481% of the position
Funding, last 7 days+0.278%+$28 on $10k
+Price spread, last 4 days (all we have)−0.350%−$35 · spread now +0.363%, 7d avg +0.221%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.143% dearer against Coinbase International than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.221%. The two prices were read 53 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 | Coinbase International LITE-PERP-INTX | 941.39 | −0.0072 | get 0.0009% / 1h | 18m 26s | $95K | $208K | 10x |
| Short | Binance LITEUSDT | 944.81 | 0 | get 0.0000% / 8h | 2h 18m | $12.1M | $48.8M | 25x |
Coinbase International LITE-PERP-INTX
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Coinbase International. 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: +0.363% → +0.221%
- $14.27
- Slippage, 4 orders
- −$28.1
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$18.72
- Costs to cover
- 0.481%
- Break-even
- 15.7 days
Slippage from Coinbase International: live order book, 29 min ago; Binance: live order book, 9 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 Coinbase International live order book, 29 min ago | 7.41 bp | 13.6 bp −$14 | 22.0 bp −$220 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.49 bp | 12.2 bp −$12 | 30.6 bp −$306 | 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 | −0.0807% | 8h | 944.39 | +0.319% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTXlong | −0.0072% | 1h | 941.39 | long leg | $95K | $208K | 10x | |
| QFEX LITE-USD | 0.0000% | 1h | 944.51 | +0.331% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 944.72 | +0.354% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 944.22 | +0.301% | $14K | $219K | 10x | as long as short |
| Binance LITEUSDTshort | 0.0000% | 8h | 944.81 | +0.363% | $12.1M | $48.8M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 944.73 | +0.355% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 945.48 | +0.434% | $3.6M | $18.1M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 945.73 | +0.461% | $7.9M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 942.07 | +0.072% | $259K | $154K | — | as long as short |
Bitget LITEUSDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 941.14 | −0.027% | $828 | $193K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 943.90 | +0.267% | $748 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 944.13 | +0.291% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 944.51 | +0.331% | $1.5M | $712K | 10x | as long as short |
| BloFin LITE-USDT | +0.0019% | 8h | 944.18 | +0.296% | $219K | $235K | 20x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0026% | 1h | 943.85 | +0.261% | $18K | $40K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 943.98 | +0.275% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 943.63 | +0.238% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 944.84 | +0.366% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 943.51 | +0.225% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 943.55 | +0.229% | $32K | $341K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 944.28 | +0.307% | $519K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 941.13 | −0.028% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 944.41 | +0.321% | $918 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 943.75 | +0.250% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0163% | 1h | 945.09 | +0.393% | $7.5M | $5.8M | 10x | as long as short |
| edgeX LITEUSDC | +0.0619% | 4h | 942.20 | +0.086% | $59K | $468K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Deribit LITE_USDC-PERPETUAL
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