Funding you earn now, next payment 01:00 UTC−0.0586%/8h= −64.2% APRpaid last 24h −0.223%
Price spread now: Coinbase International against edgeX+0.641%77s7-day average −0.235% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as 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−$490.492% of the position
Funding, last 7 days−0.478%−$48 on $10k
+Price spread, last 3 days (all we have)−0.725%−$73 · spread now +0.641%, 7d avg −0.235%
=Together, before fees−1.204%+ Points / potential airdropedgeX: Active · farm board−$120 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.876% dearer against edgeX than usual: you sell high and buy low (spread +0.641% now, against its 7-day average of −0.235%): +$88 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 5.0 days. At the pace of the last 7 days (−0.478% in total) that is about 13 days. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX LITEUSDC | 959.35 | 0.0354 | pay 0.0177% / 4h | 2h 15m | $70K | $455K | 10x |
| Short | Coinbase International LITE-PERP-INTX | 965.50 | −0.0232 | pay 0.0029% / 1h | 15m 54s | $111K | $195K | 10x |
edgeX LITEUSDC
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against edgeX. 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
- −$123.09
- Price spread: +0.641% → −0.235%
- $87.65
- Slippage, 4 orders
- −$30.24
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$84.68
- Costs to cover
- 0.492%
- Break-even
- from the start
Slippage from edgeX: live order book, 53 min ago; Coinbase International: live order book, 52 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 edgeX live order book, 53 min ago | 5.07 bp | 15.0 bp −$15 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 52 min ago | 3.26 bp | 8.7 bp −$9 | 14.4 bp −$144 | doesn't fit | doesn't fit |
LITE on 26 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 | −0.0232% | 1h | 965.50 | +0.641% | $111K | $195K | 10x | |
| Aster LITEUSDT | 0.0000% | 8h | 961.11 | +0.183% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 960.18 | +0.087% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.24 | +0.093% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.77 | +0.148% | $8.0M | $6.0M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 960.27 | +0.096% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.38 | +0.003% | $892 | $192K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.40 | +0.110% | $648 | $3.9M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.68 | +0.139% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 960.47 | +0.117% | $1.5M | $683K | 10x | as long as short |
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0028% | 1h | 960.13 | +0.081% | $1.1M | $5.0M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 960.24 | +0.093% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.87 | +0.054% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.44 | +0.114% | $75K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.39 | +0.004% | $167K | $165K | 10x | as long as short |
| SoDEX LITE-USD | +0.0078% | 1h | 960.23 | +0.092% | $23K | $10K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 960.36 | +0.105% | $520K | $39K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.36 | +0.001% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 960.44 | +0.114% | $934 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 960.39 | +0.108% | — | — | 10x | as long as short |
| Variational Omni LITE | +0.0154% | 8h | 960.29 | +0.098% | $266K | $147K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0175% | 1h | 960.64 | +0.135% | $7.2M | $5.2M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0219% | 1h | 960.16 | +0.085% | $19K | $37K | 10x | as long as short |
| Extended LITE-USD | +0.0272% | 1h | 960.41 | +0.110% | $10K | $201K | 10x | as long as short |
| Binance LITEUSDT | +0.0273% | 8h | 960.52 | +0.122% | $13.7M | $44.0M | 25x | as long as short |
| edgeX LITEUSDClong | +0.0354% | 4h | 959.35 | long leg | $70K | $455K | 10x |
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Variational Omni LITE
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUAL
Extended LITE-USD
Binance LITEUSDT