Funding you earn now, next payment 10:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.026%
Price spread now: BloFin against Coinbase International−0.227%7-day average +0.248% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 7 days+0.236%+$24 on $10k
+Price spread, last 4 days (all we have)+0.300%+$30 · spread now −0.227%, 7d avg +0.248%
=Funding pays, the price is against you. BloFin is 0.476% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.227% now, against its 7-day average of +0.248%). If the spread goes back, that is −$48 on $10k: about 36 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.236% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LITE-PERP-INTX | 950.35 | −0.0056 | get 0.0007% / 1h | 29m 14s | $122K | $169K | 10x |
| Short | BloFin LITE-USDT | 948.19 | −0.0012 | pay 0.0012% / 8h | 5h 29m | $216K | $257K | 20x |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $9.21
- Price spread: −0.227% → +0.248%
- −$47.57
- Slippage, 4 orders
- −$24.16
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$84.52
- Costs to cover
- 0.462%
- Break-even
- 71.3 days
Slippage from Coinbase International: live order book, 17 min ago; BloFin: live order book, 10 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, 17 min ago | 7.86 bp | 14.1 bp −$14 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 10 min ago | 1.16 bp | 9.2 bp −$9 | 13.8 bp −$138 | doesn't fit | doesn't fit |
LITE on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LITE_USDC-PERPETUAL | −0.1213% | 1h | 948.80 | −0.163% | $18K | $40K | 10x | as long as short |
| Coinbase International LITE-PERP-INTXlong | −0.0056% | 1h | 950.35 | long leg | $122K | $169K | 10x | |
| BloFin LITE-USDTshort | −0.0012% | 8h | 948.19 | −0.227% | $216K | $257K | 20x | |
| Aster LITEUSDT | 0.0000% | 8h | 947.01 | −0.352% | $106K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 948.10 | −0.237% | $46K | $246K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 947.85 | −0.263% | $12.1M | $51.7M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 948.04 | −0.243% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 947.76 | −0.273% | $3.5M | $19.0M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 947.60 | −0.289% | $2.6M | $3.4M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 947.49 | −0.301% | $260K | $129K | — | as long as short |
Deribit LITE_USDC-PERPETUAL
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
Variational Omni LITEShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 947.90 | −0.258% | $649 | $3.5M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 947.83 | −0.265% | $7K | $30K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 948.50 | −0.195% | $1.5M | $748K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 949.20 | −0.121% | $26K | $102K | 10x | as long as short |
| QFEX LITE-USD | +0.0040% | 1h | 947.91 | −0.257% | $1.1M | $3.7M | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.19 | −0.227% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 948.51 | −0.194% | $7.7M | $5.5M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 948.26 | −0.220% | $70K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 948.06 | −0.241% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 947.66 | −0.283% | $32K | $363K | 10x | as long as short |
| Gate LITE_USDT | +0.0084% | 8h | 948.45 | −0.200% | $8.0M | $6.6M | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 948.37 | −0.208% | $922 | $3K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 948.09 | −0.238% | $519K | $227K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 947.06 | −0.346% | $16K | $267K | 50x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 948.21 | −0.225% | — | — | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0356% | 8h | 947.73 | −0.276% | $360 | $192K | 10x | as long as short |
| edgeX LITEUSDC | +0.0938% | 4h | 947.33 | −0.318% | $63K | $491K | 10x | as long as short |
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
QFEX LITE-USD
Vest LITE-USD-PERP
tradeXYZ xyz:LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
Gate LITE_USDT
Orderly PERP_LITE_USDC_mythos
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Aevo LITE-PERP
GRVT LITE_USDT_Perp
edgeX LITEUSDC