LITE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0417%/8h= +45.6% APRnext payment +$0.52 per $10,000 · paid last 24h +0.107%

Price spread now: tradeXYZ against Coinbase International−0.178%7-day average +0.170% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$410.410% of the position

Long on Coinbase International Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.252%+$25 on $10k

Price spread, last 3 days (all we have)+0.155%+$15 · spread now −0.178%, 7d avg +0.170%

Together, before fees+0.407%+ Points / potential airdroptradeXYZ: Active · farm board+$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.348% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.178% now, against its 7-day average of +0.170%). If the spread goes back, that is −$35 on $10k: about 2.8 days of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.252% in total) that is about 9.7 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.252% in total (about 13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.52 per $10,000. 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	965.50	−0.0232	get 0.0029% / 1h	58m 43s	$111K	$214K	10x
Short	tradeXYZ xyz:LITE	963.78	0.0185	get 0.0023% / 1h	58m 43s	$7.3M	$5.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee tradeXYZbpOrdersPrice spread, now −0.178%Rate

Funding earned: $87.47
Price spread: −0.178% → +0.170%: −$34.8
Slippage, 4 orders: −$13.05
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $11.62
Costs to cover: 0.410%
Break-even: 6.1 days

Slippage from Coinbase International: live order book, 9 min ago; tradeXYZ: live order book, 10 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, 9 min ago	3.26 bp	9.3 bp −$9	17.7 bp −$177	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	1.40 bp	12.4 bp −$12	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	−0.0232%	1h	965.50	long leg	$111K	$214K	10x
BloFin LITE-USDT	−0.0009%	8h	965.27	−0.024%	$225K	$236K	20x	as long as short
Aster LITEUSDT	0.0000%	8h	965.42	−0.009%	$108K	$17K	20x	as long as short
Bybit LITEUSDT	0.0000%	8h	963.94	−0.162%	$1.9M	$1.6M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	963.62	−0.195%	$3.8M	$17.9M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	965.00	−0.052%	$8.1M	$5.8M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	963.81	−0.175%	$2.8M	$2.8M	20x	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	965.83	+0.034%	$483	$205K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	965.10	−0.041%	$885	$4.0M	10x	as long as short
HTX LITE-USDT	0.0000%	8h	965.26	−0.025%	$7K	$31K	20x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex LITEUSDT	0.0000%	8h	965.30	−0.021%	$1.5M	$683K	10x	as long as short
Deribit LITE_USDC-PERPETUAL	+0.0009%	1h	964.29	−0.125%	$19K	$37K	10x	as long as short
QFEX LITE-USD	+0.0014%	1h	964.68	−0.085%	$1.1M	$5.1M	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	964.43	−0.111%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	964.75	−0.078%	$75K	$228K	10x	as long as short
SoDEX LITE-USD	+0.0050%	1h	964.66	−0.087%	$23K	$10K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	964.43	−0.111%	$168K	$166K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	964.54	−0.099%	$520K	$38K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	965.30	−0.021%	$16K	$265K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	964.72	−0.081%	$938	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	965.00	−0.052%	—	—	10x	as long as short
Lighter LITE	+0.0112%	1h	963.58	−0.199%	$27K	$101K	10x	as long as short
edgeX LITEUSDC	+0.0114%	4h	965.54	+0.004%	$73K	$457K	10x	as long as short
tradeXYZ xyz:LITEshort	+0.0185%	1h	963.78	−0.178%	$7.3M	$5.0M	10x
Variational Omni LITE	+0.0244%	8h	965.51	+0.001%	$242K	$142K	—	as long as short
Binance LITEUSDT	+0.0357%	8h	963.61	−0.195%	$13.9M	$44.1M	25x	as long as short
Extended LITE-USD	+0.0360%	1h	964.12	−0.142%	$9K	$200K	10x	as long as short