Funding you earn now, next payment 21:00 UTC+0.0150%/8h= +16.4% APRpaid last 24h +0.024%
Price spread now: Coinbase International against Bybit+1.306%54s7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$910.915% of the position
Funding, last 7 days−0.845%−$85 on $10k
+Price spread, last 3 days (all we have)−0.589%−$59 · spread now +1.306%, 7d avg +0.112%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 1.194% dearer against Bybit than usual: you sell high and buy low: +$119 more if the spread goes back to its 7-day average of +0.112%. Mind the row above: over the last 7 days funding on this pair cost −0.845%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LITUSDT | 4.7106 | −0.0302 | get 0.0151% / 4h | 2h 05m | $42.6M | $30.8M | 75x |
| Short | Coinbase International LIT-PERP-INTX | 4.7721 | −0.0152 | pay 0.0019% / 1h | 5m 21s | $660K | $404K | 50x |
Bybit LITUSDT
Coinbase International LIT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bybit. 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
- $31.44
- Price spread: +1.306% → +0.112%
- $119.39
- Slippage, 4 orders
- −$70.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $59.35
- Costs to cover
- 0.915%
- Break-even
- from the start
Slippage from Bybit: live order book, 4 min ago; Coinbase International: live order book, 18 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 Bybit live order book, 4 min ago | 1.06 bp | 20.1 bp −$20 | 54.8 bp −$548 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 18 min ago | 8.70 bp | 19.8 bp −$20 | 59.0 bp −$590 | 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 | −0.1249% | 1h | 4.7093 | −0.027% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0732% | 4h | 4.7110 | +0.008% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0621% | 4h | 4.7037 | −0.146% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0603% | 4h | 4.7130 | +0.051% | $1.3M | $2.8M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0592% | 1h | 4.7033 | −0.155% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0371% | 4h | 4.7065 | −0.087% | $25.0M | $61.9M | 50x | as long as short |
| Bullet LIT-USD | −0.0355% | 1h | 4.7090 | −0.034% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0304% | 4h | 4.7159 | +0.113% | $5.2M | $1.1M | 30x | as long as short |
| Bybit LITUSDTlong | −0.0302% | 4h | 4.7106 | long leg | $42.6M | $30.8M | 75x | |
| Backpack LIT_USDC_PERP | −0.0277% | 1h | 4.7166 | +0.127% | $662K | $1.5M | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Orderly PERP_LIT_USDC
Phemex LITUSDT
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bullet LIT-USD
KuCoin LITUSDTM
Backpack LIT_USDC_PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0260% | 4h | 4.7220 | +0.243% | $896K | $1.9M | 10x | as long as short |
| Aftermath Perps LITUSD | −0.0179% | 1h | 4.7277 | +0.363% | $10K | $202K | 10x | as long as short |
| Coinbase International LIT-PERP-INTXshort | −0.0152% | 1h | 4.7721 | +1.306% | $660K | $404K | 50x | |
| SoDEX LIT-USD | −0.0064% | 1h | 4.7135 | +0.062% | $1K | $487K | 5x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7251 | +0.308% | $245K | $321K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0029% | 8h | 4.7064 | −0.089% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7127 | +0.045% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7165 | +0.125% | $35K | — | 150x | as long as short |
| Nado LIT-PERP | +0.0006% | 1h | 4.7088 | −0.039% | $2.1M | $1.7M | 10x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7138 | +0.068% | $791K | $2.0M | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0024% | 1h | 4.7100 | −0.013% | $445K | $105K | 10x | as long as short |
| MEXC LIT_USDT | +0.0032% | 4h | 4.7070 | −0.076% | $5.7M | $4.3M | 100x | as long as short |
| Binance LITUSDT | +0.0032% | 4h | 4.7065 | −0.087% | $74.6M | $81.7M | 75x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.983% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0037% | 4h | 4.7229 | +0.260% | $287K | $310K | 10x | as long as short |
| Aevo LIT-PERP | +0.0048% | 1h | 4.7080 | −0.055% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7173 | +0.142% | $59.2M | $30.3M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7173 | +0.142% | $210.2M | $45.5M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7159 | +0.113% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7139 | +0.070% | $581K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7100 | −0.013% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7374 | +0.569% | $119K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7110 | +0.008% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7170 | +0.136% | $55K | $78K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7148 | +0.090% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7116 | +0.021% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7220 | +0.242% | $189K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7080 | −0.055% | $5.2M | $5.2M | 25x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7135 | +0.061% | $31K | $843K | 33x | as long as short |
| BloFin LIT-USDT | +0.0137% | 4h | 4.7180 | +0.157% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7136 | +0.065% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0408% | 1h | 4.7192 | +0.183% | $3.7M | $14.3M | 5x | as long as short |
GRVT LIT_USDT_Perp
Aftermath Perps LITUSD
SoDEX LIT-USD
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Nado LIT-PERP
RISEx LIT/USDC
Polymarket Perps LIT-USD
MEXC LIT_USDT
Binance LITUSDT
Injective LIT/USDC PERP
edgeX LITUSDC
Aevo LIT-PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
Perpl LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT