Funding you earn now, next payment 22:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h +0.052%
Price spread now: Bybit against Coinbase International+0.052%7-day average +0.221% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$580.578% of the position
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 3 days (all we have)−0.037%−$4 · spread now +0.052%, 7d avg +0.221%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.169% cheaper against Coinbase International than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.221%.
| 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 | 49m 35s | $115K | $321K | 10x |
| Short | Bybit LITEUSDT | 958.70 | 0 | get 0.0000% / 8h | 1h 49m | $1.9M | $1.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.052% → +0.221%
- −$16.86
- Slippage, 4 orders
- −$36.75
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$76.3
- Costs to cover
- 0.578%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 33 min ago; Bybit: live order book, 2 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, 33 min ago | 9.04 bp | 14.7 bp −$15 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.70 bp | 11.8 bp −$12 | 79.7 bp −$797 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LITE_USDC-PERPETUAL | −0.0032% | 1h | 958.69 | +0.051% | $19K | $36K | 10x | as long as short |
| BloFin LITE-USDT | −0.0030% | 8h | 958.66 | +0.048% | $223K | $235K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 958.35 | +0.016% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 958.72 | +0.054% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 958.86 | +0.069% | $13.8M | $45.3M | 25x | as long as short |
| Bybit LITEUSDTshort | 0.0000% | 8h | 958.70 | +0.052% | $1.9M | $1.8M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.09 | +0.093% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 959.33 | +0.118% | $8.0M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.55 | +0.037% | $2.8M | $3.0M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 958.62 | +0.044% | $241K | $142K | — | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 958.42 | +0.023% | $594 | $253K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 958.70 | +0.052% | $613 | $4.2M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 959.08 | +0.092% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 959.00 | +0.083% | $1.5M | $691K | 10x | as long as short |
| Coinbase International LITE-PERP-INTXlong | +0.0008% | 1h | 958.20 | long leg | $115K | $321K | 10x | |
| Lighter LITE | +0.0032% | 1h | 958.88 | +0.071% | $27K | $102K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 958.44 | +0.025% | — | $3K | 10x | as long as short |
| QFEX LITE-USD | +0.0047% | 1h | 958.67 | +0.049% | $1.1M | $5.2M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 958.93 | +0.076% | $29K | $489K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 958.85 | +0.068% | $176K | $159K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.29 | +0.009% | $516K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.00 | +0.083% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.83 | +0.066% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.85 | +0.068% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0207% | 1h | 959.09 | +0.093% | $7.2M | $5.1M | 10x | as long as short |
| SoDEX LITE-USD | +0.0260% | 1h | 958.78 | +0.061% | $23K | $10K | 10x | as long as short |
| edgeX LITEUSDC | +0.0982% | 4h | 958.66 | +0.048% | $69K | $460K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Bybit LITEUSDT
Deribit LITE_USDC-PERPETUAL
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Polymarket Perps LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
tradeXYZ xyz:LITE
SoDEX LITE-USD
edgeX LITEUSDC