Funding you earn now, next payment 02:00 UTC−0.0144%/8h= −15.8% APRpaid last 24h −0.056%
Price spread now: Coinbase International against Gate−0.307%7-day average −0.259% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$530.534% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.307%, 7d avg −0.259%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 0.048% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.259%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LITE_USDT | 960.68 | 0 | get 0.0000% / 8h | 5h 07m | $8.0M | $6.2M | 50x |
| Short | Coinbase International LITE-PERP-INTX | 957.73 | −0.0144 | pay 0.0018% / 1h | 7m 41s | $101K | $203K | 10x |
Gate LITE_USDT
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- −$30.24
- Price spread: −0.307% → −0.259%
- −$4.83
- Slippage, 4 orders
- −$28.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$88.47
- Costs to cover
- 0.534%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Coinbase International: live order book, 55 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 Gate live order book, 1 min ago | 2.65 bp | 17.4 bp −$17 | 39.3 bp −$393 | 56.9 bp −$5,687 | doesn't fit |
| Sell Coinbase International live order book, 55 min ago | 7.21 bp | 12.2 bp −$12 | 18.2 bp −$182 | 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-INTXshort | −0.0144% | 1h | 957.73 | −0.307% | $101K | $203K | 10x | |
| Aster LITEUSDT | 0.0000% | 8h | 960.52 | −0.017% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 960.26 | −0.044% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.79 | −0.093% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDTlong | 0.0000% | 8h | 960.68 | long leg | $8.0M | $6.2M | 50x | |
| Bitget LITEUSDT | 0.0000% | 8h | 960.03 | −0.068% | $2.6M | $2.9M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.98 | −0.073% | $317 | $186K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.20 | −0.050% | $863 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 960.17 | −0.053% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 959.98 | −0.073% | $7K | $32K | 20x | as long as short |
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
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 | 960.49 | −0.020% | $1.5M | $686K | 10x | as long as short |
| QFEX LITE-USD | +0.0008% | 1h | 960.05 | −0.066% | $1.1M | $4.7M | 10x | as long as short |
| Variational Omni LITE | +0.0015% | 8h | 959.70 | −0.102% | $266K | $147K | — | as long as short |
| BloFin LITE-USDT | +0.0019% | 8h | 959.96 | −0.075% | $224K | $236K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 960.02 | −0.069% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.98 | −0.073% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.28 | −0.042% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 960.21 | −0.049% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.50 | −0.123% | $71K | $269K | 10x | as long as short |
| Binance LITEUSDT | +0.0081% | 8h | 960.12 | −0.059% | $12.7M | $46.6M | 25x | as long as short |
| Extended LITE-USD | +0.0088% | 1h | 959.95 | −0.076% | $9K | $205K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.73 | −0.099% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.93 | −0.078% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 960.43 | −0.026% | $934 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 960.11 | −0.059% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0188% | 1h | 960.11 | −0.059% | $7.2M | $5.4M | 10x | as long as short |
| edgeX LITEUSDC | +0.0946% | 4h | 959.72 | −0.100% | $69K | $451K | 10x | as long as short |
Phemex LITEUSDT
QFEX LITE-USD
Variational Omni LITE
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
Binance LITEUSDT
Extended LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
edgeX LITEUSDC