Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG968.66+0.0026pay 0.0026% / 8h5h 32m$995K$1.7M—Long BingX
SHORT965.68+0.0050get 0.0006% / 1h32m 13s$126K$137K10xShort Ondo Perps5% off
Price gap−0.308%
Funding gap+0.0024% /8h

Funding pays +$1 a day on $10k, but the gap is 0.218% under its 7d average: −$22 if it goes back, about 30 days of funding.

Funding on this pair cost 0.080% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$8+0.0024% /8h now · paid −0.080% over the last 7D
Price−$22spread −0.308% now, avg −0.089% → −0.218% if it goes back
Costs−$260.258% of $10k · taker + slippage, in and out
Result−$56−0.56%+ Points / potential airdropOndo Perps: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.308%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

LITE on 28 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • OK: Fits both order books7.6 / 5.2 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage— + $1,000
    BingX —, Ondo Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$0.73Long BingX: 3 payments, −$0.78; short Ondo Perps: 24 payments, +$1.51.
  • Watch: Gap narrower than usual−0.308% vs −0.089%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$126K vs $995K OI
    Ondo Perps sets your exit cost. Check its book before closing.
  • OK: Points on a legOndo Perps points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · Ondo Perps No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0038%/8h × 21 periods−$7.98
Price spread−0.308% → −0.089% (7d avg)−$21.82
Slippage, 4 orderslive order books−$10.80
Fee BingX bp × 2 orders−$10.00
Fee Ondo Perps bp × 2 orders−$5.00
Net · 7 days · $10k−$55.60
Costs to cover0.258%Break-evennever at this rate
Slippage: BingX: live order book, 5 min ago; Ondo Perps: live order book, 60 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX0.057.6 bp−$814.3 bp−$14339.2 bp−$3,920156.4 bp−$78.2K
SELL · SHORTOndo Perps2.565.2 bp−$511.2 bp−$112doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

LITE news

posts that mention LITE or Lumentum, from every exchangeSearch all news →
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09-17 10:29DeribitListing🚨 More equity and commodity perpetuals are now live on Deribit Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL ↓ @DeribitOfficial on X ↗
09-16 15:02DeribitListing🚨 More To Trade. Tomorrow, September 17, 2026, at 10:00 AM UTC, 11 more equity perpetual markets and 4 commodity perpetuals will go live on Deribit. All settled in USDC. Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL This launch is part of Deribit’s biggest-ever product expansion: more than 90 new USDC-settled perpetuals across crypto, listed equities and ETFs, commodities, the COIN50 index and private-market valuations. Read more: Disclaimer: Equity & Commodity perpetuals are offered by Deribit FZE under its Limited Licence Approval from VARA, and are subject to the conditions, client eligibility criteria and restrictions of that approval. @DeribitOfficial on X ↗