Funding you earn now, next payment 08:00 UTC−0.0639%/8h= −70.0% APRpaid last 24h −0.157%
Price spread now: Coinbase International against edgeX−0.020%77s7-day average −0.220% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as 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−$620.616% of the position
Funding, last 7 days−0.477%−$48 on $10k
+Price spread, last 4 days (all we have)−0.228%−$23 · spread now −0.020%, 7d avg −0.220%
=Together, before fees−0.704%+ Points / potential airdropedgeX: Active · farm board−$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.199% dearer against edgeX than usual: you sell high and buy low (spread −0.020% now, against its 7-day average of −0.220%): +$20 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.477% in total) that is about 2.9 days. The two prices were read 77 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 | edgeX LITEUSDC | 940.65 | 0.0527 | pay 0.0264% / 4h | 3h 08m | $58K | $481K | 10x |
| Short | Coinbase International LITE-PERP-INTX | 940.46 | −0.0112 | pay 0.0014% / 1h | 8m 13s | $93K | $208K | 10x |
edgeX LITEUSDC
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against edgeX. 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
- −$134.22
- Price spread: −0.020% → −0.220%
- $19.94
- Slippage, 4 orders
- −$42.59
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$175.86
- Costs to cover
- 0.616%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 25 min ago; Coinbase International: live order book, 25 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 edgeX live order book, 25 min ago | 3.15 bp | 7.8 bp −$8 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 25 min ago | 10.56 bp | 15.6 bp −$16 | 21.7 bp −$217 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTXshort | −0.0112% | 1h | 940.46 | −0.020% | $93K | $208K | 10x | |
| BloFin LITE-USDT | −0.0027% | 8h | 942.30 | +0.175% | $215K | $250K | 20x | as long as short |
| Bitget LITEUSDT | −0.0009% | 8h | 941.85 | +0.127% | $2.6M | $3.3M | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 942.39 | +0.185% | $106K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 941.66 | +0.107% | $45K | $249K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 942.04 | +0.148% | $12.0M | $50.9M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 942.30 | +0.175% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 941.99 | +0.142% | $3.5M | $18.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 942.59 | +0.206% | $7.9M | $6.6M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 941.60 | +0.101% | $258K | $139K | — | as long as short |
BloFin LITE-USDT
Bitget LITEUSDT
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 | 941.53 | +0.093% | $565 | $191K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 942.30 | +0.175% | $505 | $3.6M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 942.41 | +0.187% | $18K | $41K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 942.37 | +0.183% | $7K | $30K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 942.27 | +0.172% | $1.5M | $744K | 10x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 942.10 | +0.154% | $1.1M | $3.9M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 942.50 | +0.196% | $26K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 941.34 | +0.073% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 941.87 | +0.129% | $7.6M | $5.7M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 942.28 | +0.173% | $73K | $220K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 939.65 | −0.107% | $33K | $358K | 10x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 942.01 | +0.144% | $916 | $3K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 941.28 | +0.067% | $515K | $115K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 939.04 | −0.171% | $16K | $266K | 50x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 941.86 | +0.128% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0287% | 1h | 941.92 | +0.135% | $23K | $9K | 10x | as long as short |
| edgeX LITEUSDClong | +0.0527% | 4h | 940.65 | long leg | $58K | $481K | 10x |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
tradeXYZ xyz:LITE
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
Orderly PERP_LITE_USDC_mythos
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Aevo LITE-PERP
SoDEX LITE-USD