Funding you earn now, next payment 20:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h −0.052%
Price spread now: Coinbase International against Binance+0.411%53s7-day average −0.226% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as 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−$490.493% of the position
Funding, last 7 days−0.232%−$23 on $10k
+Price spread, last 2 days (all we have)−0.433%−$43 · spread now +0.411%, 7d avg −0.226%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.637% dearer against Binance than usual: you sell high and buy low: +$64 more if the spread goes back to its 7-day average of −0.226%. Mind the row above: over the last 7 days funding on this pair cost −0.232%, so the current rate has only just turned in your favour. The two prices were read 53 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 | Binance LITEUSDT | 956.54 | 0 | get 0.0000% / 8h | 3h 31m | $14.0M | $44.4M | 25x |
| Short | Coinbase International LITE-PERP-INTX | 960.48 | 0.0064 | get 0.0008% / 1h | 31m 21s | $119K | $335K | 10x |
Binance LITEUSDT
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Binance. 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
- $13.44
- Price spread: +0.411% → −0.226%
- $63.72
- Slippage, 4 orders
- −$29.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $27.84
- Costs to cover
- 0.493%
- Break-even
- from the start
Slippage from Binance: live order book, 16 min ago; Coinbase International: live order book, 17 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 Binance live order book, 16 min ago | 1.20 bp | 14.3 bp −$14 | 28.3 bp −$283 | 87.7 bp −$8,774 | doesn't fit |
| Sell Coinbase International live order book, 17 min ago | 6.80 bp | 12.7 bp −$13 | 19.8 bp −$198 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LITEUSDT | 0.0000% | 8h | 955.69 | −0.089% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 956.49 | −0.006% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDTlong | 0.0000% | 8h | 956.54 | long leg | $14.0M | $44.4M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 956.46 | −0.009% | $1.9M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 956.08 | −0.049% | $3.8M | $17.9M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 956.82 | +0.029% | $7.9M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 956.14 | −0.042% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 957.10 | +0.058% | $235K | $138K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 956.87 | +0.034% | $392 | $258K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 957.00 | +0.048% | $654 | $4.2M | 10x | as long as short |
Aster LITEUSDT
Extended LITE-USD
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 956.66 | +0.012% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 956.76 | +0.022% | $1.5M | $669K | 10x | as long as short |
| QFEX LITE-USD | +0.0022% | 1h | 956.46 | −0.009% | $1.1M | $4.9M | 10x | as long as short |
| BloFin LITE-USDT | +0.0022% | 8h | 956.43 | −0.012% | $226K | $235K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 956.34 | −0.021% | $27K | $103K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 956.09 | −0.048% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 956.73 | +0.019% | $31K | $485K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 956.14 | −0.042% | $204K | $121K | 10x | as long as short |
| Coinbase International LITE-PERP-INTXshort | +0.0064% | 1h | 960.48 | +0.411% | $119K | $335K | 10x | |
| SoDEX LITE-USD | +0.0068% | 1h | 956.46 | −0.009% | $23K | $10K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 955.87 | −0.071% | $515K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 955.81 | −0.077% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 956.58 | +0.004% | $930 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 956.53 | −0.001% | — | — | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0200% | 1h | 956.51 | −0.004% | $18K | $35K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0271% | 1h | 956.91 | +0.038% | $7.1M | $5.0M | 10x | as long as short |
| edgeX LITEUSDC | +0.0432% | 4h | 957.05 | +0.052% | $68K | $459K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Deribit LITE_USDC-PERPETUAL
tradeXYZ xyz:LITE
edgeX LITEUSDC