Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.055%
Price spread now: Phemex against Coinbase International+0.520%7-day average +0.279% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 3 days (all we have)−0.503%−$50 · spread now +0.520%, 7d avg +0.279%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phemex is 0.242% dearer against Coinbase International than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.279%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LITE-PERP-INTX | 960.78 | −0.0096 | get 0.0012% / 1h | 24m 40s | $111K | $212K | 10x |
| Short | Phemex LITEUSDT | 965.78 | 0 | get 0.0000% / 8h | 7h 24m | $1.5M | $682K | 10x |
Coinbase International LITE-PERP-INTX
Phemex LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $20.16
- Price spread: +0.520% → +0.279%
- $24.16
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $22.32
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 48 min ago; Phemex: live order book, 3 min ago. Net counts fees only.
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, 48 min ago | 8.95 bp | 15.3 bp −$15 | 22.8 bp −$228 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 2.74 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTXlong | −0.0096% | 1h | 960.78 | long leg | $111K | $212K | 10x | |
| Aster LITEUSDT | 0.0000% | 8h | 965.45 | +0.486% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 965.28 | +0.468% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 964.39 | +0.376% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 965.50 | +0.491% | $8.1M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 964.84 | +0.423% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 966.77 | +0.623% | $706 | $207K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.20 | +0.460% | $791 | $4.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 965.32 | +0.473% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 965.61 | +0.503% | $7K | $32K | 20x | as long as short |
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDTshort | 0.0000% | 8h | 965.78 | +0.520% | $1.5M | $682K | 10x | |
| BloFin LITE-USDT | +0.0012% | 8h | 965.64 | +0.506% | $224K | $237K | 20x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 965.08 | +0.448% | $1.1M | $5.2M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 965.00 | +0.439% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 965.26 | +0.466% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 965.16 | +0.456% | $75K | $227K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 965.57 | +0.499% | $176K | $155K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 965.19 | +0.459% | $521K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 966.96 | +0.643% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.36 | +0.477% | $938 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 965.32 | +0.473% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0254% | 1h | 965.18 | +0.458% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0286% | 8h | 965.82 | +0.525% | $243K | $141K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0312% | 1h | 964.71 | +0.409% | $7.3M | $5.0M | 10x | as long as short |
| Extended LITE-USD | +0.0392% | 1h | 965.23 | +0.463% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0392% | 8h | 965.03 | +0.442% | $13.9M | $44.2M | 25x | as long as short |
| edgeX LITEUSDC | +0.0534% | 4h | 966.57 | +0.603% | $73K | $462K | 10x | as long as short |
BloFin LITE-USDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
Variational Omni LITE
tradeXYZ xyz:LITE
Extended LITE-USD
Binance LITEUSDT
edgeX LITEUSDC