Funding you earn now, next payment 00:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.23 per $10,000 · paid last 24h −0.037%
Price spread now: Coinbase International against Pacifica+0.339%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$690.687% of the position
Funding, last 7 days−0.907%−$91 on $10k
+Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.339%, 7d avg +0.097%
=Together, before fees−0.906%+ Points / potential airdropPacifica: Active · farm board−$91 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.241% dearer against Pacifica than usual: you sell high and buy low (spread +0.339% now, against its 7-day average of +0.097%): +$24 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.3 days. At the pace of the last 7 days (−0.907% in total) that is about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica LIT | 4.7254 | 0.0100 | pay 0.0013% / 1h | 57m 19s | $587K | $1.7M | 10x |
| Short | Coinbase International LIT-PERP-INTX | 4.7414 | −0.0088 | pay 0.0011% / 1h | 57m 19s | $670K | $402K | 50x |
Pacifica LIT
Coinbase International LIT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Pacifica. 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
- −$39.48
- Price spread: +0.339% → +0.097%
- $24.12
- Slippage, 4 orders
- −$50.74
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$84.1
- Costs to cover
- 0.687%
- Break-even
- never at this rate
Slippage from Pacifica: 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 Pacifica live order book, 2 min ago | 1.80 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 16 min ago | 6.60 bp | 17.9 bp −$18 | 56.7 bp −$567 | doesn't fit | doesn't fit |
LIT on 42 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.0786% | 4h | 4.7270 | +0.035% | $2.8M | $4.4M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0774% | 1h | 4.7218 | −0.075% | $41K | $40K | 10x | as long as short |
| Phemex LITUSDT | −0.0739% | 4h | 4.7220 | −0.071% | $1.4M | $2.7M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0712% | 1h | 4.7211 | −0.090% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0534% | 4h | 4.7183 | −0.149% | $32K | $2K | 10x | as long as short |
| OKX LIT-USDT-SWAP | −0.0313% | 4h | 4.7236 | −0.037% | $25.6M | $64.0M | 50x | as long as short |
| Bullet LIT-USD | −0.0311% | 1h | 4.7232 | −0.045% | $84K | $77K | 20x | as long as short |
| Backpack LIT_USDC_PERP | −0.0252% | 1h | 4.7271 | +0.037% | $681K | $1.4M | 5x | as long as short |
| KuCoin LITUSDTM | −0.0172% | 4h | 4.7219 | −0.073% | $5.2M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTXshort | −0.0088% | 1h | 4.7414 | +0.339% | $670K | $402K | 50x |
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Phemex LITUSDT
01 Exchange LITUSD
Orderly PERP_LIT_USDC
OKX LIT-USDT-SWAP
Bullet LIT-USD
Backpack LIT_USDC_PERP
KuCoin LITUSDTMShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0086% | 4h | 4.7292 | +0.081% | $906K | $1.8M | 10x | as long as short |
| Polymarket Perps LIT-USD | −0.0064% | 1h | 4.7262 | +0.018% | $447K | $105K | 10x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7209 | −0.094% | $205K | $361K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7263 | +0.020% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7255 | +0.003% | $31K | $856K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7292 | +0.081% | $35K | — | 150x | as long as short |
| Paradex LIT-USD-PERP | +0.0026% | 8h | 4.7217 | −0.078% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.664% | $422 | $178K | 5.5x | as long as short |
| Bybit LITUSDT | +0.0048% | 4h | 4.7240 | −0.029% | $42.6M | $30.4M | 75x | as long as short |
| SoDEX LIT-USD | +0.0079% | 1h | 4.7233 | −0.044% | $999 | $471K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7277 | +0.050% | $59.1M | $29.4M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7238 | −0.032% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7328 | +0.158% | $212.3M | $45.1M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7281 | +0.059% | $12.6M | $2.4M | 50x | as long as short |
| Pacifica LITlong | +0.0100% | 1h | 4.7254 | long leg | $587K | $1.7M | 10x | |
| Binance LITUSDT | +0.0100% | 4h | 4.7232 | −0.045% | $75.3M | $82.2M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7254 | +0.001% | $117K | $459K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7190 | −0.135% | $118K | $1K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7234 | −0.041% | $5.6M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7270 | +0.035% | $6.7M | $2.8M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7271 | +0.036% | $288K | $312K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7340 | +0.183% | $56K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7272 | +0.040% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7185 | −0.145% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7400 | +0.310% | $189K | $347K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7234 | −0.042% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7271 | +0.037% | $148K | $44K | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7281 | +0.058% | $796K | $2.1M | 5x | as long as short |
| Lighter RH LIT | +0.0136% | 1h | 4.7295 | +0.088% | $3.7M | $13.6M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0232% | 1h | 4.7318 | +0.135% | $13K | $203K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7163 | −0.192% | $1.5M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0381% / S −0.0173% | 1h | 4.7275 | +0.046% | $63K | — | 50x | as long as short |
GRVT LIT_USDT_Perp
Polymarket Perps LIT-USD
Phoenix LIT
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
Bybit LITUSDT
SoDEX LIT-USD
Lighter LIT
Nado LIT-PERP
Hyperliquid LIT
Aster LITUSDT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Lighter RH LIT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]