Funding you earn now, next payment 00:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h −0.048%
Price spread now: Coinbase International against MEXC+1.134%51s7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as 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−$560.558% of the position
Funding, last 7 days−0.859%−$86 on $10k
+Price spread, last 3 days (all we have)−0.625%−$63 · spread now +1.134%, 7d avg +0.144%
=The price spread pays, funding is against you. Coinbase International is 0.989% dearer against MEXC than usual: you sell high and buy low (spread +1.134% now, against its 7-day average of +0.144%): +$99 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 7 days (−0.859% in total) that is about 8.1 days. The two prices were read 51 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 | MEXC LIT_USDT | 4.7247 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $5.5M | $4.2M | 100x |
| Short | Coinbase International LIT-PERP-INTX | 4.7783 | −0.0088 | pay 0.0011% / 1h | 3m 27s | $676K | $392K | 50x |
MEXC LIT_USDT
Coinbase International LIT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against MEXC. 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
- −$39.48
- Price spread: +1.134% → +0.144%
- $98.95
- Slippage, 4 orders
- −$41.76
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $3.7
- Costs to cover
- 0.558%
- Break-even
- from the start
Slippage from MEXC: live order book, 4 min ago; Coinbase International: live order book, 5 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 MEXC live order book, 4 min ago | 0.10 bp | 4.1 bp −$4 | 53.7 bp −$537 | 336.6 bp −$33.7K | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 9.24 bp | 20.0 bp −$20 | 62.2 bp −$622 | 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 | −0.0878% | 1h | 4.7620 | +0.790% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0484% | 4h | 4.7135 | −0.237% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0456% | 1h | 4.7444 | +0.417% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0400% | 1h | 4.7186 | −0.129% | $85K | $72K | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0233% | 1h | 4.7650 | +0.853% | $57K | $77K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0193% | 4h | 4.7179 | −0.144% | $25.7M | $63.3M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0146% | 4h | 4.7354 | +0.226% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0116% | 4h | 4.7605 | +0.757% | $905K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTXshort | −0.0088% | 1h | 4.7783 | +1.134% | $676K | $392K | 50x | |
| Phoenix LIT | −0.0034% | 1h | 4.7663 | +0.880% | $207K | $361K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
ApeX Omni LITUSDT
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX LIT-USD | +0.0002% | 1h | 4.7482 | +0.497% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.7212 | −0.075% | $472 | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.678% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0040% | 8h | 4.7448 | +0.426% | $7K | $2K | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0049% | 1h | 4.7372 | +0.265% | $448K | $104K | 10x | as long as short |
| Nado LIT-PERP | +0.0090% | 1h | 4.7380 | +0.281% | $2.2M | $1.7M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7566 | +0.675% | $59.5M | $30.0M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7530 | +0.599% | $12.7M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7519 | +0.576% | $589K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7171 | −0.161% | $75.4M | $79.7M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7141 | −0.224% | $42.4M | $29.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7495 | +0.525% | $117K | $448K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7660 | +0.875% | $119K | $1K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7300 | +0.112% | $2.8M | $4.5M | 50x | as long as short |
| MEXC LIT_USDTlong | +0.0100% | 4h | 4.7247 | long leg | $5.5M | $4.2M | 100x | |
| Bitget LITUSDT | +0.0100% | 4h | 4.7200 | −0.099% | $6.7M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7649 | +0.851% | $690K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7738 | +1.038% | $291K | $308K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7195 | −0.109% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7657 | +0.868% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7627 | +0.804% | $1K | $453K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7653 | +0.859% | $190K | $346K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7620 | +0.789% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7149 | −0.207% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7164 | −0.175% | $147K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7533 | +0.604% | $792K | $2.0M | 5x | as long as short |
| Lighter RH LIT | +0.0160% | 1h | 4.7571 | +0.686% | $3.7M | $13.7M | 5x | as long as short |
| Hyperliquid LIT | +0.0295% | 1h | 4.7474 | +0.480% | $213.2M | $43.8M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7589 | +0.724% | $1.6M | $2.0M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0359% | 1h | 4.7680 | +0.916% | $8K | $205K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0400% / S −0.0191% | 1h | 4.7194 | −0.112% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7405 | +0.335% | $31K | $849K | 33x | as long as short |
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Polymarket Perps LIT-USD
Nado LIT-PERP
Lighter LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT