Funding you earn now, next payment 02:00 UTC+0.0335%/8h= +36.7% APRnext payment +$0.42 per $10,000 · paid last 24h +0.109%
Price spread now: tradeXYZ against Coinbase International+0.054%50s7-day average +0.166% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.472% of the position
Funding, last 7 days+0.262%+$26 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.054%, 7d avg +0.166%
=Together, before fees+0.340%+ Points / potential airdroptradeXYZ: Active · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.112% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.054% now, against its 7-day average of +0.166%). If the spread goes back, that is −$11 on $10k: about 27 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.262% in total) that is about 3.0 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LITE-PERP-INTX | 957.56 | −0.0144 | get 0.0018% / 1h | 25m 30s | $106K | $198K | 10x |
| Short | tradeXYZ xyz:LITE | 958.08 | 0.0191 | get 0.0024% / 1h | 25m 30s | $7.1M | $5.4M | 10x |
Coinbase International LITE-PERP-INTX
tradeXYZ xyz:LITEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $70.34
- Price spread: +0.054% → +0.166%
- −$11.17
- Slippage, 4 orders
- −$19.15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $12.02
- Costs to cover
- 0.472%
- Break-even
- 5.8 days
Slippage from Coinbase International: live order book, 37 min ago; tradeXYZ: live order book, 2 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, 37 min ago | 7.21 bp | 12.2 bp −$12 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 1.20 bp | 12.0 bp −$12 | doesn't fit | 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 | −0.0144% | 1h | 957.56 | long leg | $106K | $198K | 10x | |
| Aster LITEUSDT | 0.0000% | 8h | 959.58 | +0.211% | $107K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 958.47 | +0.095% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 957.72 | +0.017% | $3.7M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 958.40 | +0.088% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.01 | +0.047% | $2.6M | $2.9M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 958.43 | +0.091% | $307 | $187K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 958.40 | +0.088% | $630 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 958.44 | +0.092% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 958.76 | +0.125% | $7K | $32K | 20x | as long as short |
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 958.76 | +0.125% | $1.5M | $688K | 10x | as long as short |
| QFEX LITE-USD | +0.0008% | 1h | 957.82 | +0.027% | $1.1M | $4.8M | 10x | as long as short |
| BloFin LITE-USDT | +0.0011% | 8h | 958.31 | +0.078% | $224K | $236K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 958.25 | +0.072% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 957.73 | +0.018% | — | $3K | 10x | as long as short |
| Variational Omni LITE | +0.0048% | 8h | 958.18 | +0.065% | $266K | $147K | — | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 958.08 | +0.054% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 958.29 | +0.076% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.29 | +0.181% | $71K | $268K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.37 | +0.085% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 958.46 | +0.094% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.29 | +0.076% | $931 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.16 | +0.062% | — | — | 10x | as long as short |
| Binance LITEUSDT | +0.0134% | 8h | 958.19 | +0.066% | $12.7M | $46.6M | 25x | as long as short |
| Extended LITE-USD | +0.0136% | 1h | 957.94 | +0.040% | $13K | $202K | 10x | as long as short |
| tradeXYZ xyz:LITEshort | +0.0191% | 1h | 958.08 | +0.054% | $7.1M | $5.4M | 10x | |
| edgeX LITEUSDC | +0.0509% | 4h | 958.03 | +0.049% | $69K | $452K | 10x | as long as short |
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Variational Omni LITE
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
Binance LITEUSDT
Extended LITE-USD
edgeX LITEUSDC