Funding you earn now, next payment 21:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h +0.052%
Price spread now: GRVT against Coinbase International+0.021%7-day average +0.242% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$490.488% of the position
Funding, last 7 days+0.268%+$27 on $10k
+Price spread, last 3 days (all we have)+0.185%+$18 · spread now +0.021%, 7d avg +0.242%
=Together, before fees+0.453%+ Points / potential airdropGRVT: Active · farm board+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GRVT is 0.221% cheaper against Coinbase International than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.242%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.268%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LITE-PERP-INTX | 956.59 | 0.0120 | pay 0.0015% / 1h | 29m 05s | $118K | $337K | 10x |
| Short | GRVT LITE_USDT_Perp | 956.79 | 0 | get 0.0000% / 8h | 2h 29m | $737 | $255K | 10x |
Coinbase International LITE-PERP-INTX
GRVT LITE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$25.2
- Price spread: +0.021% → +0.242%
- −$22.1
- Slippage, 4 orders
- −$29.79
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$96.09
- Costs to cover
- 0.488%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 59 min ago; GRVT: live order book, 58 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, 59 min ago | 8.74 bp | 14.1 bp −$14 | 20.0 bp −$200 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 58 min ago | 1.73 bp | 7.2 bp −$7 | doesn't fit | 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 | 956.64 | +0.005% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 957.14 | +0.057% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 957.36 | +0.081% | $13.7M | $45.2M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 956.90 | +0.032% | $1.9M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 957.27 | +0.071% | $3.8M | $17.9M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 957.54 | +0.099% | $8.0M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 956.81 | +0.023% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 956.83 | +0.025% | $241K | $143K | — | as long as short |
| GRVT LITE_USDT_Perpshort | 0.0000% | 8h | 956.79 | +0.021% | $737 | $255K | 10x | |
| SunX LITE-USDT | 0.0000% | 8h | 957.20 | +0.064% | $657 | $4.2M | 10x | as long as short |
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
Variational Omni LITE
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 | 957.25 | +0.069% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 957.59 | +0.105% | $1.5M | $685K | 10x | as long as short |
| BloFin LITE-USDT | +0.0011% | 8h | 957.17 | +0.061% | $224K | $236K | 20x | as long as short |
| QFEX LITE-USD | +0.0018% | 1h | 956.87 | +0.029% | $1.1M | $5.1M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 956.66 | +0.007% | $27K | $103K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 956.51 | −0.008% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 957.16 | +0.060% | $31K | $484K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 956.97 | +0.040% | $23K | $10K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 956.95 | +0.038% | $174K | $155K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0074% | 1h | 957.10 | +0.053% | $18K | $36K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 956.55 | −0.004% | $515K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 956.41 | −0.019% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 957.03 | +0.046% | $930 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 957.02 | +0.045% | — | — | 10x | as long as short |
| Coinbase International LITE-PERP-INTXlong | +0.0120% | 1h | 956.59 | long leg | $118K | $337K | 10x | |
| tradeXYZ xyz:LITE | +0.0161% | 1h | 957.61 | +0.107% | $7.2M | $5.0M | 10x | as long as short |
| edgeX LITEUSDC | +0.0221% | 4h | 956.92 | +0.034% | $68K | $460K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
Deribit LITE_USDC-PERPETUAL
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
edgeX LITEUSDC