Funding you earn now, next payment 00:00 UTC+0.0769%/8h= +84.2% APRpaid last 24h +0.222%
Price spread now: edgeX against Coinbase International+0.053%7-day average +0.238% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$490.492% of the position
Funding, last 7 days+0.475%+$47 on $10k
+Price spread, last 3 days (all we have)+0.007%+$1 · spread now +0.053%, 7d avg +0.238%
=Together, before fees+0.482%+ Points / potential airdropedgeX: Active · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.185% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.053% now, against its 7-day average of +0.238%). If the spread goes back, that is −$19 on $10k: about 19 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.475% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.475% in total (about 24.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LITE-PERP-INTX | 965.50 | −0.0096 | get 0.0012% / 1h | 2m 47s | $111K | $214K | 10x |
| Short | edgeX LITEUSDC | 966.01 | 0.0673 | get 0.0336% / 4h | 3h 02m | $73K | $456K | 10x |
Coinbase International LITE-PERP-INTX
edgeX LITEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Coinbase International. 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
- $161.46
- Price spread: +0.053% → +0.238%
- −$18.54
- Slippage, 4 orders
- −$30.24
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $93.68
- Costs to cover
- 0.492%
- Break-even
- 2.9 days
Slippage from Coinbase International: live order book, 5 min ago; edgeX: live order book, 6 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 Coinbase International live order book, 5 min ago | 3.26 bp | 9.3 bp −$9 | 17.7 bp −$177 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 6 min ago | 5.07 bp | 16.2 bp −$16 | 19.0 bp −$190 | 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-INTXlong | −0.0096% | 1h | 965.50 | long leg | $111K | $214K | 10x | |
| BloFin LITE-USDT | −0.0018% | 8h | 965.34 | −0.017% | $225K | $236K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 966.31 | +0.084% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 965.62 | +0.012% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 965.33 | −0.018% | $3.8M | $17.9M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 965.96 | +0.048% | $8.1M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 965.11 | −0.040% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 966.12 | +0.064% | $483 | $205K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.50 | 0.000% | $877 | $4.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 965.47 | −0.003% | $19K | $37K | 10x | as long as short |
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUALShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 966.42 | +0.095% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 965.71 | +0.022% | $1.5M | $682K | 10x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 965.32 | −0.019% | $1.1M | $5.2M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 965.76 | +0.027% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 965.44 | −0.006% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 965.74 | +0.025% | $75K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 965.00 | −0.052% | $168K | $166K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 965.22 | −0.029% | $521K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 966.20 | +0.073% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.90 | +0.041% | $939 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 965.81 | +0.032% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0182% | 1h | 965.44 | −0.006% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0247% | 8h | 966.02 | +0.053% | $242K | $142K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0255% | 1h | 965.78 | +0.029% | $7.3M | $5.0M | 10x | as long as short |
| Extended LITE-USD | +0.0360% | 1h | 964.93 | −0.060% | $9K | $203K | 10x | as long as short |
| Binance LITEUSDT | +0.0363% | 8h | 965.34 | −0.016% | $13.8M | $44.1M | 25x | as long as short |
| edgeX LITEUSDCshort | +0.0673% | 4h | 966.01 | +0.053% | $73K | $456K | 10x |
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
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
Variational Omni LITE
tradeXYZ xyz:LITE
Extended LITE-USD
Binance LITEUSDT