Funding you earn now, next payment 22:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.052%
Price spread now: Coinbase International against Bybit−0.024%7-day average −0.221% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$580.578% of the position
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 3 days (all we have)+0.009%+$1 · spread now −0.024%, 7d avg −0.221%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.197% dearer against Bybit than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.221%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LITEUSDT | 958.43 | 0 | get 0.0000% / 8h | 1h 46m | $1.9M | $1.8M | 25x |
| Short | Coinbase International LITE-PERP-INTX | 958.20 | 0.0008 | get 0.0001% / 1h | 46m 49s | $115K | $318K | 10x |
Bybit LITEUSDT
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bybit. 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
- $1.68
- Price spread: −0.024% → −0.221%
- $19.68
- Slippage, 4 orders
- −$36.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$36.39
- Costs to cover
- 0.578%
- Break-even
- 158.6 days
Slippage from Bybit: live order book, 5 min ago; Coinbase International: live order book, 36 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 Bybit live order book, 5 min ago | 3.70 bp | 16.6 bp −$17 | 72.2 bp −$722 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 36 min ago | 9.04 bp | 14.7 bp −$15 | 24.8 bp −$248 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LITE_USDC-PERPETUAL | −0.0011% | 1h | 958.54 | +0.011% | $19K | $36K | 10x | as long as short |
| BloFin LITE-USDT | −0.0004% | 8h | 959.10 | +0.070% | $223K | $235K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 958.14 | −0.030% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 958.62 | +0.019% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 958.67 | +0.025% | $13.8M | $45.3M | 25x | as long as short |
| Bybit LITEUSDTlong | 0.0000% | 8h | 958.43 | long leg | $1.9M | $1.8M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.06 | +0.066% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 959.24 | +0.085% | $8.0M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.35 | −0.008% | $2.8M | $3.0M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 958.62 | +0.020% | $241K | $142K | — | as long as short |
Deribit LITE_USDC-PERPETUAL
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance 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 | 958.75 | +0.034% | $594 | $253K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 958.90 | +0.049% | $707 | $4.2M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 959.26 | +0.087% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 959.08 | +0.068% | $1.5M | $691K | 10x | as long as short |
| Coinbase International LITE-PERP-INTXshort | +0.0008% | 1h | 958.20 | −0.024% | $115K | $318K | 10x | |
| Lighter LITE | +0.0032% | 1h | 958.66 | +0.024% | $27K | $102K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 958.45 | +0.002% | — | $3K | 10x | as long as short |
| QFEX LITE-USD | +0.0047% | 1h | 958.80 | +0.039% | $1.1M | $5.2M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 958.94 | +0.053% | $29K | $489K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 958.85 | +0.044% | $176K | $159K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.06 | −0.039% | $516K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 958.33 | −0.010% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.74 | +0.032% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.86 | +0.045% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0140% | 1h | 958.71 | +0.029% | $23K | $10K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0158% | 1h | 959.03 | +0.063% | $7.2M | $5.1M | 10x | as long as short |
| edgeX LITEUSDC | +0.0982% | 4h | 958.66 | +0.024% | $69K | $460K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Vest LITE-USD-PERP
QFEX LITE-USD
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
tradeXYZ xyz:LITE
edgeX LITEUSDC