LITE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.111%

Price spread now: Coinbase International against Deribit+0.589%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. Coinbase International is 0.589% dearer against Deribit than usual: you sell high and buy low (spread +0.589% now, against zero (this spread has no 7-day history yet)): +$59 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LITE_USDC-PERPETUAL	959.85	0	get 0.0000% / 1h	19m 38s	$19K	$37K	10x
Short	Coinbase International LITE-PERP-INTX	965.50	−0.0232	pay 0.0029% / 1h	19m 38s	$111K	$195K	10x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee Coinbase InternationalbpOrdersPrice spread, now +0.589%Rate

Funding earned: −$48.72
Price spread: +0.589% → 0.000%: $58.86
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: −$6.86
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 48 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, 48 min ago	3.26 bp	8.7 bp −$9	14.4 bp −$144	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.

LITE on 26 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-INTXshort	−0.0232%	1h	965.50	+0.589%	$111K	$195K	10x
Aster LITEUSDT	0.0000%	8h	960.44	+0.061%	$108K	$17K	20x	as long as short
Bybit LITEUSDT	0.0000%	8h	959.54	−0.032%	$1.9M	$1.6M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	959.29	−0.058%	$3.8M	$17.6M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	959.86	+0.001%	$8.0M	$6.0M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	959.42	−0.045%	$2.8M	$2.8M	20x	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	960.28	+0.045%	$893	$192K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	960.50	+0.068%	$667	$3.9M	10x	as long as short
Deribit LITE_USDC-PERPETUALlong	0.0000%	1h	959.85	long leg	$19K	$37K	10x
HTX LITE-USDT	0.0000%	8h	960.65	+0.083%	$7K	$32K	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex LITEUSDT	0.0000%	8h	960.33	+0.050%	$1.5M	$682K	10x	as long as short
QFEX LITE-USD	+0.0028%	1h	959.24	−0.064%	$1.1M	$5.0M	10x	as long as short
Lighter LITE	+0.0032%	1h	959.52	−0.034%	$27K	$101K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	959.90	+0.005%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	960.56	+0.074%	$75K	$228K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	958.95	−0.094%	$168K	$165K	10x	as long as short
SoDEX LITE-USD	+0.0084%	1h	959.89	+0.004%	$23K	$10K	10x	as long as short
KuCoin LITEUSDTM	+0.0100%	8h	959.46	−0.041%	$519K	$39K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	960.11	+0.027%	$16K	$265K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	960.11	+0.027%	$933	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	960.12	+0.028%	—	—	10x	as long as short
Variational Omni LITE	+0.0164%	8h	960.26	+0.042%	$266K	$147K	—	as long as short
tradeXYZ xyz:LITE	+0.0175%	1h	959.84	−0.001%	$7.2M	$5.2M	10x	as long as short
Extended LITE-USD	+0.0280%	1h	959.15	−0.073%	$10K	$201K	10x	as long as short
Binance LITEUSDT	+0.0280%	8h	959.47	−0.040%	$13.7M	$44.0M	25x	as long as short
edgeX LITEUSDC	+0.0332%	4h	960.36	+0.053%	$70K	$455K	10x	as long as short