Funding you earn now, next payment 22:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h +0.059%
Price spread now: Bitget against Coinbase International+0.171%47s7-day average +0.215% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as 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−$560.561% of the position
Funding, last 7 days+0.266%+$27 on $10k
+Price spread, last 3 days (all we have)−0.155%−$16 · spread now +0.171%, 7d avg +0.215%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.044% cheaper against Coinbase International than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.215%. The two prices were read 47 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 | Coinbase International LITE-PERP-INTX | 958.20 | 0.0008 | pay 0.0001% / 1h | 8m 24s | $115K | $256K | 10x |
| Short | Bitget LITEUSDT | 959.84 | 0 | get 0.0000% / 8h | 1h 08m | $2.8M | $3.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Coinbase International. 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
- −$1.68
- Price spread: +0.171% → +0.215%
- −$4.39
- Slippage, 4 orders
- −$34.14
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$62.21
- Costs to cover
- 0.561%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 10 min ago; Bitget: live order book, 4 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 Coinbase International live order book, 10 min ago | 6.52 bp | 12.3 bp −$12 | 21.5 bp −$215 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.72 bp | 14.2 bp −$14 | 22.1 bp −$221 | 53.9 bp −$5,385 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LITE-USDT | −0.0015% | 8h | 959.92 | +0.180% | $223K | $235K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.05 | +0.193% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 959.76 | +0.163% | $1.9M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.84 | +0.171% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.46 | +0.236% | $8.0M | $6.3M | 50x | as long as short |
| Bitget LITEUSDTshort | 0.0000% | 8h | 959.84 | +0.171% | $2.8M | $3.0M | 20x | |
| Variational Omni LITE | 0.0000% | 8h | 960.00 | +0.187% | $241K | $142K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.10 | +0.198% | $578 | $4.2M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.45 | +0.235% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 960.23 | +0.212% | $1.5M | $689K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTXlong | +0.0008% | 1h | 958.20 | long leg | $115K | $256K | 10x | |
| Lighter LITE | +0.0032% | 1h | 960.05 | +0.193% | $27K | $102K | 10x | as long as short |
| Extended LITE-USD | +0.0040% | 1h | 960.03 | +0.191% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0045% | 8h | 960.23 | +0.212% | $13.8M | $45.4M | 25x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.59 | +0.145% | — | $3K | 10x | as long as short |
| QFEX LITE-USD | +0.0047% | 1h | 960.09 | +0.197% | $1.1M | $5.3M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.06 | +0.194% | $30K | $489K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.05 | +0.193% | $175K | $160K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.60 | +0.146% | $517K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.48 | +0.134% | $16K | $264K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 960.06 | +0.194% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.98 | +0.186% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0112% | 1h | 959.93 | +0.181% | $23K | $10K | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0158% | 8h | 960.10 | +0.198% | $710 | $237K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0233% | 1h | 960.22 | +0.211% | $7.2M | $5.1M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0240% | 1h | 959.92 | +0.180% | $19K | $36K | 10x | as long as short |
| edgeX LITEUSDC | +0.0982% | 4h | 960.02 | +0.190% | $70K | $459K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Extended LITE-USD
Binance LITEUSDT
Polymarket Perps LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
SoDEX LITE-USD
GRVT LITE_USDT_Perp
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC