Funding you earn now, next payment 04:00 UTC−0.0404%/8h= −44.2% APRnext payment −$0.51 per $10,000 · paid last 24h −0.063%
Price spread now: Coinbase International against Arcus−0.433%7-day average +0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 4 days (all we have)−0.261%−$26 on $10k
+Price spread, last 4 days (all we have)+0.554%+$55 · spread now −0.433%, 7d avg +0.097%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Coinbase International is 0.531% cheaper against Arcus than usual: you would sell low and buy high (−$53 if the spread goes back to its 7-day average of +0.097%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus LIT-USD | 4.7108 | 0.0100 | pay 0.0013% / 1h | 28m 22s | $115K | $446K | 5x |
| Short | Coinbase International LIT-PERP-INTX | 4.6904 | −0.0304 | pay 0.0038% / 1h | 28m 22s | $613K | $352K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Arcus. 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
- −$84.84
- Price spread: −0.433% → +0.097%
- −$53.07
- Slippage, 4 orders
- −$38.85
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$191.25
- Costs to cover
- 0.533%
- Break-even
- never at this rate
Slippage from Arcus: 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 Arcus live order book, 25 min ago | 4.65 bp | 7.9 bp −$8 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 25 min ago | 9.39 bp | 16.9 bp −$17 | 38.9 bp −$389 | doesn't fit | doesn't fit |
LIT on 42 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0531% | 1h | 4.7087 | −0.044% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0380% | 4h | 4.7031 | −0.163% | $32K | $1K | 10x | as long as short |
| Coinbase International LIT-PERP-INTXshort | −0.0304% | 1h | 4.6904 | −0.433% | $613K | $352K | 50x | |
| Bullet LIT-USD | −0.0271% | 1h | 4.7078 | −0.064% | $84K | $67K | 20x | as long as short |
| 01 Exchange LITUSD | −0.0256% | 1h | 4.7075 | −0.070% | $33K | $3K | 5x | as long as short |
| Phemex LITUSDT | −0.0092% | 4h | 4.7070 | −0.081% | $1.3M | $2.8M | 20x | as long as short |
| Bybit LITUSDT | −0.0041% | 4h | 4.7080 | −0.059% | $41.1M | $28.9M | 75x | as long as short |
| OKX LIT-USDT-SWAP | −0.0027% | 4h | 4.7079 | −0.062% | $25.3M | $61.0M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0022% | 1h | 4.7140 | +0.068% | $56K | $76K | 50x | as long as short |
| Phoenix LIT | −0.0017% | 1h | 4.7105 | −0.006% | $203K | $299K | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx LIT/USDC | −0.0008% | 1h | 4.7128 | +0.042% | $800K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7081 | −0.058% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7139 | +0.065% | $31K | $745K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7112 | +0.008% | $11K | — | 150x | as long as short |
| KuCoin LITUSDTM | +0.0016% | 4h | 4.7073 | −0.074% | $5.2M | $1.0M | 30x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.978% | $422 | $178K | 5.5x | as long as short |
| Nado LIT-PERP | +0.0043% | 1h | 4.7074 | −0.071% | $2.2M | $1.7M | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0094% | 8h | 4.7035 | −0.155% | $6K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7153 | +0.096% | $58.8M | $28.3M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7173 | +0.138% | $210.6M | $41.6M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7106 | −0.004% | $573K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7071 | −0.078% | $75.5M | $79.1M | 75x | as long as short |
| Arcus LIT-USDlong | +0.0100% | 1h | 4.7108 | long leg | $115K | $446K | 5x | |
| Bulk LIT-USD | +0.0100% | 1h | 4.7081 | −0.057% | $117K | $8K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7100 | −0.017% | $2.7M | $4.2M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7071 | −0.079% | $5.7M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7100 | −0.017% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7092 | −0.034% | $660K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7089 | −0.041% | $288K | $306K | 10x | as long as short |
| GRVT LIT_USDT_Perp | +0.0100% | 4h | 4.7133 | +0.054% | $905K | $1.8M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7092 | −0.034% | $440K | $85K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7116 | +0.017% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7074 | −0.072% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7085 | −0.049% | $1K | $374K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7096 | −0.025% | $199K | $359K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7062 | −0.098% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7055 | −0.113% | $147K | — | 3x | as long as short |
| Lighter RH LIT | +0.0200% | 1h | 4.7168 | +0.127% | $3.7M | $13.2M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0221% | 1h | 4.7118 | +0.022% | $9K | $205K | 10x | as long as short |
| Aster LITUSDT | +0.0252% | 4h | 4.7160 | +0.111% | $12.6M | $1.9M | 50x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7059 | −0.104% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0436% / S −0.0231% | 1h | 4.7117 | +0.020% | $65K | — | 50x | as long as short |
Coinbase International LIT-PERP-INTX
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
01 Exchange LITUSD
Phemex LITUSDT
Bybit LITUSDT
OKX LIT-USDT-SWAP
ApeX Omni LITUSDT
Phoenix LIT
RISEx LIT/USDC
gTrade (Gains Network) LIT/USD
KuCoin LITUSDTM
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
GRVT LIT_USDT_Perp
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
Aftermath Perps LITUSD
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]