Funding you earn now, next payment 04:00 UTC−0.0224%/8h= −24.5% APRpaid last 24h −0.100%
Price spread now: Coinbase International against GRVT+0.025%7-day average −0.234% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days−0.300%−$30 on $10k
+Price spread, last 4 days (all we have)−0.231%−$23 · spread now +0.025%, 7d avg −0.234%
=Together, before fees−0.531%+ Points / potential airdropGRVT: Active · farm board−$53 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.259% dearer against GRVT than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.234%): +$26 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT LITE_USDT_Perp | 957.49 | 0 | get 0.0000% / 8h | 3h 55m | $297 | $184K | 10x |
| Short | Coinbase International LITE-PERP-INTX | 957.73 | −0.0224 | pay 0.0028% / 1h | 55m 18s | $101K | $203K | 10x |
GRVT LITE_USDT_Perp
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GRVT. 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
- −$47.04
- Price spread: +0.025% → −0.234%
- $25.95
- Slippage, 4 orders
- −$23.8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$63.89
- Costs to cover
- 0.428%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 62 min ago; Coinbase International: live order book, 63 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 GRVT live order book, 62 min ago | 1.46 bp | 8.8 bp −$9 | 15734.8 bp −$157.3K | 247250.0 bp −$24.72M | doesn't fit |
| Sell Coinbase International live order book, 63 min ago | 5.73 bp | 10.8 bp −$11 | 18.8 bp −$188 | 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 | −0.0224% | 1h | 957.73 | +0.025% | $101K | $203K | 10x | |
| BloFin LITE-USDT | −0.0007% | 8h | 957.28 | −0.022% | $223K | $235K | 20x | as long as short |
| QFEX LITE-USD | −0.0002% | 1h | 955.97 | −0.159% | $1.1M | $3.9M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0001% | 1h | 956.33 | −0.121% | $18K | $39K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 958.27 | +0.081% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 956.14 | −0.141% | $18K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 955.86 | −0.170% | $12.5M | $46.7M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 956.09 | −0.146% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 955.54 | −0.204% | $3.7M | $17.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 955.93 | −0.163% | $8.0M | $6.1M | 50x | as long as short |
BloFin LITE-USDT
QFEX LITE-USD
Deribit LITE_USDC-PERPETUAL
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | 0.0000% | 8h | 955.61 | −0.196% | $2.6M | $2.9M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 956.42 | −0.111% | $262K | $153K | — | as long as short |
| GRVT LITE_USDT_Perplong | 0.0000% | 8h | 957.49 | long leg | $297 | $184K | 10x | |
| SunX LITE-USDT | 0.0000% | 8h | 956.60 | −0.093% | $596 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 957.91 | +0.044% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 956.96 | −0.055% | $1.5M | $690K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 956.04 | −0.151% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 956.01 | −0.155% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 955.73 | −0.184% | $7.2M | $5.5M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 955.61 | −0.196% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 956.74 | −0.078% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 957.70 | +0.022% | $48K | $291K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 956.33 | −0.121% | $525K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 957.30 | −0.020% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 956.15 | −0.140% | $929 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 956.03 | −0.152% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0609% | 4h | 957.23 | −0.027% | $69K | $450K | 10x | as long as short |
Bitget LITEUSDT
Variational Omni LITE
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Vest LITE-USD-PERP
tradeXYZ xyz:LITE
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
edgeX LITEUSDC