Funding you earn now, next payment 05:00 UTC−0.0198%/8h= −21.6% APRnext payment −$0.25 per $10,000 · paid last 24h −0.099%
Price spread now: Coinbase International against tradeXYZ+0.064%7-day average −0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Funding, last 7 days−0.275%−$27 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.064%, 7d avg −0.159%
=Together, before fees−0.314%+ Points / potential airdroptradeXYZ: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.224% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.159%): +$22 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 945.85 | 0.0126 | pay 0.0016% / 1h | 47m 39s | $7.2M | $5.6M | 10x |
| Short | Coinbase International LITE-PERP-INTX | 946.46 | −0.0072 | pay 0.0009% / 1h | 47m 39s | $99K | $202K | 10x |
tradeXYZ xyz:LITE
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against tradeXYZ. 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
- −$41.48
- Price spread: +0.064% → −0.159%
- $22.38
- Slippage, 4 orders
- −$12.61
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$59.71
- Costs to cover
- 0.406%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; Coinbase International: live order book, 65 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 tradeXYZ live order book, 11 min ago | 0.90 bp | 10.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 65 min ago | 3.40 bp | 9.2 bp −$9 | 15.5 bp −$155 | 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 | −0.0566% | 8h | 945.82 | −0.003% | $2.6M | $3.0M | 20x | as long as short |
| Coinbase International LITE-PERP-INTXshort | −0.0072% | 1h | 946.46 | +0.064% | $99K | $202K | 10x | |
| BloFin LITE-USDT | −0.0027% | 8h | 947.05 | +0.127% | $221K | $235K | 20x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 945.79 | −0.006% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 946.50 | +0.069% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 945.61 | −0.026% | $14K | $215K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 945.81 | −0.005% | $12.2M | $47.8M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 946.42 | +0.060% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 946.07 | +0.023% | $3.7M | $17.7M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 946.02 | +0.018% | $7.9M | $6.3M | 50x | as long as short |
Bitget LITEUSDT
BloFin LITE-USDT
QFEX LITE-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 947.67 | +0.193% | $260K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 947.84 | +0.210% | $806 | $191K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.20 | +0.143% | $857 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 947.03 | +0.125% | $18K | $39K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 947.77 | +0.203% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 947.70 | +0.196% | $1.5M | $707K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 946.00 | +0.016% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 945.70 | −0.016% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 947.28 | +0.151% | $73K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 947.05 | +0.127% | $32K | $327K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 946.03 | +0.019% | $520K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 947.69 | +0.195% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 947.19 | +0.142% | $921 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 947.01 | +0.122% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0126% | 1h | 945.85 | long leg | $7.2M | $5.6M | 10x | |
| SoDEX LITE-USD | +0.0480% | 1h | 947.08 | +0.130% | $23K | $9K | 10x | as long as short |
| edgeX LITEUSDC | +0.0874% | 4h | 947.01 | +0.123% | $62K | $461K | 10x | as long as short |
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
edgeX LITEUSDC