Funding you earn now, next payment 23:00 UTC−0.0235%/8h= −25.7% APRnext payment −$0.29 per $10,000 · paid last 24h −0.118%
Price spread now: Coinbase International against SoDEX−0.285%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Coinbase International is 0.285% cheaper against SoDEX than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX LITE-USD | 960.94 | 0.0171 | pay 0.0021% / 1h | 24m 00s | $23K | $10K | 10x |
| Short | Coinbase International LITE-PERP-INTX | 958.20 | −0.0064 | pay 0.0008% / 1h | 24m 00s | $115K | $228K | 10x |
SoDEX LITE-USD
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SoDEX. 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
- −$49.33
- Price spread: −0.285% → 0.000%
- −$28.51
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$95.84
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 54 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 54 min ago | 6.52 bp | 11.6 bp −$12 | 18.8 bp −$188 | doesn't fit | doesn't fit |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0064% | 1h | 958.20 | −0.285% | $115K | $228K | 10x | |
| BloFin LITE-USDT | −0.0028% | 8h | 961.04 | +0.010% | $224K | $235K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.64 | −0.031% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 960.97 | +0.003% | $1.9M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.84 | −0.010% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 961.53 | +0.061% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 960.60 | −0.035% | $2.8M | $3.1M | 20x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 961.00 | +0.006% | $675 | $4.2M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 960.72 | −0.023% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 961.35 | +0.043% | $7K | $31K | 20x | as long as short |
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 961.46 | +0.054% | $1.5M | $683K | 10x | as long as short |
| QFEX LITE-USD | +0.0033% | 1h | 960.67 | −0.028% | $1.1M | $5.3M | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 960.41 | −0.055% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.90 | −0.004% | $30K | $490K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.01 | −0.097% | $175K | $160K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 960.29 | −0.068% | $517K | $38K | 20x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 960.93 | −0.001% | $934 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 961.06 | +0.013% | — | — | 10x | as long as short |
| Lighter LITE | +0.0144% | 1h | 961.17 | +0.024% | $27K | $102K | 10x | as long as short |
| SoDEX LITE-USDlong | +0.0171% | 1h | 960.94 | long leg | $23K | $10K | 10x | |
| Variational Omni LITE | +0.0196% | 8h | 960.73 | −0.022% | $241K | $142K | — | as long as short |
| Binance LITEUSDT | +0.0318% | 8h | 960.96 | +0.002% | $13.8M | $45.1M | 25x | as long as short |
| Extended LITE-USD | +0.0320% | 1h | 960.77 | −0.018% | $9K | $209K | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0411% | 8h | 960.99 | +0.006% | $894 | $227K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0474% | 1h | 961.45 | +0.053% | $7.2M | $5.1M | 10x | as long as short |
| ApeX Omni LITEUSDT | +0.0499% | 1h | 961.09 | +0.016% | $16K | $265K | 50x | as long as short |
| edgeX LITEUSDC | +0.0969% | 4h | 960.71 | −0.024% | $70K | $458K | 10x | as long as short |
Phemex LITEUSDT
QFEX LITE-USD
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Lighter LITE
Variational Omni LITE
Binance LITEUSDT
Extended LITE-USD
GRVT LITE_USDT_Perp
tradeXYZ xyz:LITE
ApeX Omni LITEUSDT
edgeX LITEUSDC