Funding you earn now, next payment 06:00 UTC+0.0685%/8h= +75.0% APRpaid last 24h +0.149%
Price spread now: edgeX against Coinbase International−0.517%77s7-day average +0.220% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as 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−$560.559% of the position
Funding, last 7 days+0.429%+$43 on $10k
+Price spread, last 4 days (all we have)+0.577%+$58 · spread now −0.517%, 7d avg +0.220%
=Together, before fees+1.007%+ Points / potential airdropedgeX: Active · farm board+$101 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.738% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.517% now, against its 7-day average of +0.220%). If the spread goes back, that is −$74 on $10k: about 3.6 days of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.429% in total) that is about 12 days. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.429% in total (about 22.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LITE-PERP-INTX | 946.65 | −0.0072 | get 0.0009% / 1h | 44m 08s | $92K | $212K | 10x |
| Short | edgeX LITEUSDC | 941.75 | 0.0613 | get 0.0307% / 4h | 1h 44m | $60K | $472K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $143.85
- Price spread: −0.517% → +0.220%
- −$73.75
- Slippage, 4 orders
- −$36.87
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $14.23
- Costs to cover
- 0.559%
- Break-even
- 6.3 days
Slippage from Coinbase International: live order book, 64 min ago; edgeX: live order book, 64 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, 64 min ago | 7.41 bp | 13.6 bp −$14 | 22.0 bp −$220 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 64 min ago | 5.01 bp | 16.8 bp −$17 | 19.7 bp −$197 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0665% | 8h | 942.67 | −0.420% | $2.6M | $3.1M | 20x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0100% | 1h | 942.64 | −0.424% | $18K | $40K | 10x | as long as short |
| Coinbase International LITE-PERP-INTXlong | −0.0072% | 1h | 946.65 | long leg | $92K | $212K | 10x | |
| BloFin LITE-USDT | −0.0012% | 8h | 943.48 | −0.335% | $217K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 943.10 | −0.375% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 942.57 | −0.431% | $14K | $220K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 942.86 | −0.400% | $12.1M | $49.2M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 942.85 | −0.401% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 942.75 | −0.412% | $3.6M | $18.2M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 943.45 | −0.338% | $7.9M | $6.4M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 942.46 | −0.443% | $259K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 942.09 | −0.482% | $499 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 942.40 | −0.449% | $575 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 942.94 | −0.392% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 942.98 | −0.388% | $1.5M | $723K | 10x | as long as short |
| QFEX LITE-USD | +0.0012% | 1h | 942.89 | −0.397% | $1.1M | $3.5M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 942.75 | −0.412% | $24K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 942.30 | −0.460% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 942.82 | −0.405% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 942.62 | −0.426% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 943.29 | −0.355% | $32K | $347K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 942.80 | −0.407% | $518K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 942.61 | −0.427% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 942.76 | −0.411% | $916 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 942.54 | −0.434% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0106% | 1h | 943.30 | −0.354% | $7.5M | $5.8M | 10x | as long as short |
| edgeX LITEUSDCshort | +0.0613% | 4h | 941.75 | −0.517% | $60K | $472K | 10x |
Coinbase International LITE-PERP-INTX
edgeX LITEUSDC
Bitget LITEUSDT
Deribit LITE_USDC-PERPETUAL
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
tradeXYZ xyz:LITE