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 Phemex−0.135%7-day average −0.273% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.135%, 7d avg −0.273%
=The price spread pays, funding is against you. Coinbase International is 0.139% dearer against Phemex than usual: you sell high and buy low (spread −0.135% now, against its 7-day average of −0.273%): +$14 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 958.85 | 0 | get 0.0000% / 8h | 5h 27m | $1.5M | $689K | 10x |
| Short | Coinbase International LITE-PERP-INTX | 957.56 | −0.0144 | pay 0.0018% / 1h | 27m 17s | $106K | $198K | 10x |
Phemex LITEUSDT
Coinbase International LITE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Phemex. 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: −0.135% → −0.273%
- $13.88
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$38.36
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; Coinbase International: live order book, 36 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 Phemex live order book, 1 min ago | 3.49 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 36 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 | 957.56 | −0.135% | $106K | $198K | 10x | |
| Aster LITEUSDT | 0.0000% | 8h | 959.34 | +0.051% | $107K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 958.48 | −0.039% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 958.22 | −0.066% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 958.56 | −0.030% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.32 | −0.055% | $2.6M | $2.9M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.10 | +0.026% | $307 | $187K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 958.10 | −0.078% | $896 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 958.11 | −0.077% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 958.76 | −0.009% | $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 LITEUSDTlong | 0.0000% | 8h | 958.85 | long leg | $1.5M | $689K | 10x | |
| QFEX LITE-USD | +0.0008% | 1h | 957.86 | −0.103% | $1.1M | $4.8M | 10x | as long as short |
| BloFin LITE-USDT | +0.0011% | 8h | 958.31 | −0.056% | $224K | $236K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 958.07 | −0.081% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 957.95 | −0.094% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 958.26 | −0.062% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 958.32 | −0.055% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.29 | +0.046% | $71K | $268K | 10x | as long as short |
| edgeX LITEUSDC | +0.0057% | 4h | 959.04 | +0.020% | $69K | $455K | 10x | as long as short |
| Variational Omni LITE | +0.0059% | 8h | 958.77 | −0.009% | $266K | $147K | — | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.34 | −0.053% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.22 | +0.039% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.20 | −0.068% | $931 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.24 | −0.063% | — | — | 10x | as long as short |
| Binance LITEUSDT | +0.0141% | 8h | 958.49 | −0.038% | $12.7M | $46.6M | 25x | as long as short |
| Extended LITE-USD | +0.0144% | 1h | 958.23 | −0.065% | $13K | $202K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0195% | 1h | 958.59 | −0.027% | $7.1M | $5.4M | 10x | as long as short |
QFEX LITE-USD
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
edgeX LITEUSDC
Variational Omni LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Binance LITEUSDT
Extended LITE-USD
tradeXYZ xyz:LITE