Funding you earn now, next payment 04:00 UTC−0.0274%/8h= −30.0% APRnext payment −$0.34 per $10,000 · paid last 24h −0.103%
Price spread now: Coinbase International against tradeXYZ+0.665%7-day average −0.166% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs+$42as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days−0.272%−$27 on $10k
+Price spread, last 4 days (all we have)−0.698%−$70 · spread now +0.665%, 7d avg −0.166%
=Together, before fees−0.970%+ Points / potential airdroptradeXYZ: Active · farm board−$97 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.832% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.665% now, against its 7-day average of −0.166%): +$83 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.272% in total) that is about 21 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 951.40 | 0.0050 | pay 0.0006% / 1h | 36m 53s | $7.2M | $5.5M | 10x |
| Short | Coinbase International LITE-PERP-INTX | 957.73 | −0.0224 | pay 0.0028% / 1h | 36m 53s | $101K | $203K | 10x |
tradeXYZ xyz:LITE
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against tradeXYZ. 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
- −$57.54
- Price spread: +0.665% → −0.166%
- $83.17
- Slippage, 4 orders
- −$13
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$15.37
- Costs to cover
- 0.410%
- Break-even
- from the start
Slippage from tradeXYZ: live order book, 2 min ago; Coinbase International: live order book, 16 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 tradeXYZ live order book, 2 min ago | 0.47 bp | 11.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 16 min ago | 3.40 bp | 9.2 bp −$9 | 15.5 bp −$155 | 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-INTXshort | −0.0224% | 1h | 957.73 | +0.665% | $101K | $203K | 10x | |
| QFEX LITE-USD | −0.0002% | 1h | 951.03 | −0.039% | $1.1M | $3.7M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 952.29 | +0.094% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 951.28 | −0.012% | $17K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 951.48 | +0.008% | $12.4M | $46.9M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 951.63 | +0.024% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 951.86 | +0.048% | $3.7M | $17.4M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 952.08 | +0.071% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 951.55 | +0.016% | $2.6M | $2.9M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 951.98 | +0.061% | $261K | $153K | — | as long as short |
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 951.43 | +0.003% | $295 | $184K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 951.30 | −0.011% | $605 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 951.61 | +0.022% | $18K | $39K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 951.36 | −0.004% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 952.09 | +0.073% | $1.5M | $693K | 10x | as long as short |
| BloFin LITE-USDT | +0.0028% | 8h | 951.74 | +0.036% | $223K | $234K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 951.52 | +0.013% | $23K | $103K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 950.86 | −0.057% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0050% | 1h | 951.40 | long leg | $7.2M | $5.5M | 10x | |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 951.24 | −0.017% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 951.16 | −0.025% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 952.66 | +0.132% | $34K | $305K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 951.54 | +0.015% | $522K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 951.23 | −0.018% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 951.50 | +0.011% | $925 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 951.29 | −0.012% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0709% | 4h | 951.32 | −0.008% | $65K | $454K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
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
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC