Funding you earn now, next payment 04:00 UTC+0.0904%/8h= +98.9% APRpaid last 24h +0.158%
Price spread now: edgeX against Coinbase International−0.105%7-day average +0.231% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days+0.426%+$43 on $10k
+Price spread, last 4 days (all we have)+0.221%+$22 · spread now −0.105%, 7d avg +0.231%
=Together, before fees+0.647%+ Points / potential airdropedgeX: Active · farm board+$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.336% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of +0.231%). If the spread goes back, that is −$34 on $10k: about 30 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.426% in total) that is about 5.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.426% in total (about 22.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LITE-PERP-INTX | 946.46 | −0.0224 | get 0.0028% / 1h | 2m 27s | $99K | $202K | 10x |
| Short | edgeX LITEUSDC | 945.47 | 0.0680 | get 0.0340% / 4h | 3h 02m | $61K | $458K | 10x |
Coinbase International LITE-PERP-INTX
edgeX LITEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $189.74
- Price spread: −0.105% → +0.231%
- −$33.59
- Slippage, 4 orders
- −$30.85
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $106.3
- Costs to cover
- 0.499%
- Break-even
- 3.1 days
Slippage from Coinbase International: live order book, 50 min ago; edgeX: live order book, 51 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, 50 min ago | 3.40 bp | 9.9 bp −$10 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 51 min ago | 3.82 bp | 22.3 bp −$22 | 26.0 bp −$260 | 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 | −0.0443% | 8h | 944.03 | −0.257% | $2.6M | $3.0M | 20x | as long as short |
| Coinbase International LITE-PERP-INTXlong | −0.0224% | 1h | 946.46 | long leg | $99K | $202K | 10x | |
| QFEX LITE-USD | −0.0002% | 1h | 943.35 | −0.329% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 943.74 | −0.287% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 943.59 | −0.303% | $14K | $214K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 943.72 | −0.289% | $12.2M | $47.5M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 943.57 | −0.305% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 943.70 | −0.292% | $3.7M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 944.19 | −0.240% | $7.9M | $6.3M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 945.67 | −0.083% | $260K | $154K | — | as long as short |
Bitget LITEUSDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
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 | 945.59 | −0.092% | $1K | $185K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 944.10 | −0.249% | $746 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 943.76 | −0.285% | $18K | $39K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 946.08 | −0.040% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 944.68 | −0.188% | $1.5M | $706K | 10x | as long as short |
| BloFin LITE-USDT | +0.0005% | 8h | 944.44 | −0.213% | $220K | $234K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 942.77 | −0.390% | $24K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 943.11 | −0.354% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 943.75 | −0.286% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 944.18 | −0.241% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 942.95 | −0.371% | $33K | $315K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0059% | 1h | 943.67 | −0.295% | $7.2M | $5.6M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 943.62 | −0.300% | $519K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 944.46 | −0.211% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 943.86 | −0.275% | $917 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 943.73 | −0.289% | — | — | 10x | as long as short |
| edgeX LITEUSDCshort | +0.0680% | 4h | 945.47 | −0.105% | $61K | $458K | 10x |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
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