Funding you earn now, next payment 05:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.043%
Price spread now: Coinbase International against Phemex−0.442%7-day average −0.264% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.165%−$17 on $10k
+Price spread, last 4 days (all we have)+0.401%+$40 · spread now −0.442%, 7d avg −0.264%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.178% cheaper against Phemex than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.264%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 945.57 | 0 | get 0.0000% / 8h | 2h 12m | $1.5M | $712K | 10x |
| Short | Coinbase International LITE-PERP-INTX | 941.39 | −0.0072 | pay 0.0009% / 1h | 12m 30s | $95K | $208K | 10x |
Phemex LITEUSDT
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Phemex. 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
- −$15.12
- Price spread: −0.442% → −0.264%
- −$17.78
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$54.9
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, just now; Coinbase International: live order book, 35 min ago. Net counts fees only.
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 Phemex live order book, just now | 2.43 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 35 min ago | 7.41 bp | 12.7 bp −$13 | 16.4 bp −$164 | 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 | −0.0786% | 8h | 945.62 | +0.005% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTXshort | −0.0072% | 1h | 941.39 | −0.442% | $95K | $208K | 10x | |
| QFEX LITE-USD | 0.0000% | 1h | 945.63 | +0.006% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 944.93 | −0.068% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 945.21 | −0.038% | $14K | $219K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 945.44 | −0.013% | $12.1M | $48.9M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 945.33 | −0.025% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 946.01 | +0.047% | $3.6M | $18.1M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 945.68 | +0.012% | $7.9M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 942.67 | −0.306% | $259K | $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 | 943.26 | −0.244% | $679 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 943.00 | −0.272% | $468 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 944.69 | −0.093% | $18K | $40K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 945.92 | +0.037% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 945.57 | long leg | $1.5M | $712K | 10x | |
| BloFin LITE-USDT | +0.0003% | 8h | 945.27 | −0.032% | $218K | $236K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 945.39 | −0.019% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 944.70 | −0.092% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 946.00 | +0.045% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 944.58 | −0.105% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 943.79 | −0.188% | $32K | $341K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 944.66 | −0.096% | $519K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 943.41 | −0.228% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 944.67 | −0.095% | $918 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 944.48 | −0.115% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0106% | 4h | 942.72 | −0.302% | $60K | $471K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0167% | 1h | 945.72 | +0.016% | $7.5M | $5.8M | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
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
tradeXYZ xyz:LITE