Funding you earn now, next payment 01:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.160%
Price spread now: Coinbase International against Deribit+0.938%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.938% dearer against Deribit than usual: you sell high and buy low: +$94 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LIT_USDC-PERPETUAL | 4.6944 | −0.0174 | get 0.0022% / 1h | 2m 28s | $41K | $40K | 10x |
| Short | Coinbase International LIT-PERP-INTX | 4.7385 | −0.0080 | pay 0.0010% / 1h | 2m 28s | $670K | $370K | 50x |
Funding 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
- $19.68
- Price spread: +0.938% → 0.000%
- $93.79
- 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
- $96.48
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 1 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, 1 min ago | 9.38 bp | 18.5 bp −$18 | 43.4 bp −$434 | 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.
LIT on 41 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0496% | 1h | 4.6963 | +0.040% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0426% | 4h | 4.6898 | −0.098% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0307% | 1h | 4.6982 | +0.082% | $84K | $67K | 20x | as long as short |
| Deribit LIT_USDC-PERPETUALlong | −0.0174% | 1h | 4.6944 | long leg | $41K | $40K | 10x | |
| GRVT LIT_USDT_Perp | −0.0116% | 4h | 4.6899 | −0.096% | $892K | $1.7M | 10x | as long as short |
| ApeX Omni LITUSDT | −0.0112% | 1h | 4.6900 | −0.094% | $56K | $77K | 50x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.6995 | +0.108% | $203K | $352K | 5x | as long as short |
| Coinbase International LIT-PERP-INTXshort | −0.0080% | 1h | 4.7385 | +0.938% | $670K | $370K | 50x | |
| KuCoin LITUSDTM | −0.0074% | 4h | 4.6952 | +0.017% | $5.2M | $1.1M | 30x | as long as short |
| Phemex LITUSDT | −0.0073% | 4h | 4.6950 | +0.012% | $1.4M | $2.7M | 20x | as long as short |
Show all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LIT-USDT-SWAP | −0.0062% | 4h | 4.7000 | +0.119% | $25.5M | $61.6M | 50x | as long as short |
| Gate LIT_USDT | −0.0012% | 4h | 4.6960 | +0.034% | $2.8M | $4.3M | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6942 | −0.006% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6949 | +0.010% | $11K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.334% | $422 | $178K | 5.5x | as long as short |
| Bulk LIT-USD | +0.0039% | 1h | 4.6872 | −0.153% | $117K | $1K | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0050% | 8h | 4.6947 | +0.005% | $7K | $2K | 5x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.7000 | +0.118% | $811K | $2.0M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7022 | +0.166% | $58.9M | $29.7M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6975 | +0.066% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7040 | +0.204% | $210.3M | $41.3M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6984 | +0.084% | $583K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6971 | +0.057% | $74.8M | $78.2M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.6970 | +0.055% | $41.8M | $28.7M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6977 | +0.070% | $117K | $444K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6941 | −0.007% | $5.4M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7010 | +0.140% | $6.7M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.6961 | +0.036% | $681K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6884 | −0.129% | $286K | $305K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.6998 | +0.115% | $444K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6946 | +0.004% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6968 | +0.051% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6960 | +0.034% | $1K | $418K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7014 | +0.149% | $189K | $352K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6943 | −0.001% | $5.1M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6919 | −0.053% | $147K | — | 3x | as long as short |
| Aster LITUSDT | +0.0132% | 4h | 4.7027 | +0.176% | $12.6M | $2.0M | 50x | as long as short |
| Lighter RH LIT | +0.0216% | 1h | 4.7037 | +0.198% | $3.7M | $13.3M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0277% | 1h | 4.7008 | +0.137% | $9K | $209K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0406% / S −0.0202% | 1h | 4.6952 | +0.018% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7013 | +0.146% | $31K | $833K | 33x | as long as short |
Deribit LIT_USDC-PERPETUAL
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
Bullet LIT-USD
GRVT LIT_USDT_Perp
ApeX Omni LITUSDT
Phoenix LIT
KuCoin LITUSDTM
Phemex LITUSDT
OKX LIT-USDT-SWAP
Gate LIT_USDT
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Bulk LIT-USD
Paradex LIT-USD-PERP
RISEx LIT/USDC
Lighter LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aster LITUSDT
Lighter RH LIT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]