Funding you earn now, next payment 03:00 UTC−0.0131%/8h= −14.3% APRnext payment −$0.16 per $10,000 · paid last 24h −0.122%
Price spread now: Coinbase International against Deribit−0.159%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 0.159% cheaper against Deribit than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LITE_USDC-PERPETUAL | 959.26 | −0.0021 | get 0.0003% / 1h | 13m 52s | $19K | $38K | 10x |
| Short | Coinbase International LITE-PERP-INTX | 957.73 | −0.0152 | pay 0.0019% / 1h | 13m 52s | $101K | $203K | 10x |
Deribit LITE_USDC-PERPETUAL
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- −$27.52
- Price spread: −0.159% → 0.000%
- −$15.95
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$60.47
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 44 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 44 min ago | 5.73 bp | 10.8 bp −$11 | 18.8 bp −$188 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-INTXshort | −0.0152% | 1h | 957.73 | −0.159% | $101K | $203K | 10x | |
| Deribit LITE_USDC-PERPETUALlong | −0.0021% | 1h | 959.26 | long leg | $19K | $38K | 10x | |
| QFEX LITE-USD | 0.0000% | 1h | 959.30 | +0.004% | $1.1M | $3.9M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.33 | +0.111% | $108K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 959.12 | −0.015% | $10K | $212K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 959.35 | +0.009% | $12.6M | $46.6M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 959.40 | +0.015% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.70 | +0.046% | $3.7M | $17.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 959.86 | +0.063% | $8.0M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.31 | +0.005% | $2.6M | $2.9M | 20x | as long as short |
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 959.43 | +0.017% | $266K | $147K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 960.07 | +0.084% | $317 | $185K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 959.30 | +0.004% | $534 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.39 | +0.118% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 959.86 | +0.063% | $1.5M | $689K | 10x | as long as short |
| BloFin LITE-USDT | +0.0030% | 8h | 959.14 | −0.013% | $224K | $236K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 959.41 | +0.016% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.33 | +0.007% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 959.50 | +0.025% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 959.35 | +0.009% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.41 | +0.120% | $48K | $292K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0088% | 1h | 959.65 | +0.041% | $7.2M | $5.4M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.28 | +0.002% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.94 | +0.071% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 959.28 | +0.002% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.09 | −0.018% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0549% | 4h | 959.91 | +0.068% | $70K | $451K | 10x | as long as short |
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
tradeXYZ xyz:LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC