LITE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0585%/8h= +64.1% APRnext payment +$0.73 per $10,000 · paid last 24h −0.051%

Price spread now: Ondo Perps against Deribit−0.045%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Ondo Perps

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—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.045% cheaper against Deribit than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LITE_USDC-PERPETUAL	955.09	−0.0535	get 0.0067% / 1h	50m 47s	$18K	$39K	10x
Short	Ondo Perps LITE-USD.P	954.66	0.0050	get 0.0006% / 1h	50m 47s	$48K	$291K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.045%Rate

Funding earned: $122.86
Price spread: −0.045% → 0.000%: −$4.5
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $106.36
Costs to cover: 0.120%
Break-even: 0.9 days

Slippage unknown: Deribit: no order-book sample; Ondo Perps: no order-book sample. 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 Ondo Perps no order-book sample	—	—	—	—	—

Deribit and Ondo Perps: 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 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
Deribit LITE_USDC-PERPETUALlong	−0.0535%	1h	955.09	long leg	$18K	$39K	10x
Coinbase International LITE-PERP-INTX	−0.0224%	1h	957.73	+0.276%	$101K	$203K	10x	as long as short
QFEX LITE-USD	−0.0002%	1h	955.49	+0.042%	$1.1M	$3.8M	10x	as long as short
Aster LITEUSDT	0.0000%	8h	956.38	+0.135%	$107K	$17K	20x	as long as short
Extended LITE-USD	0.0000%	1h	954.36	−0.076%	$17K	$218K	10x	as long as short
Binance LITEUSDT	0.0000%	8h	954.62	−0.049%	$12.5M	$46.7M	25x	as long as short
Bybit LITEUSDT	0.0000%	8h	954.69	−0.042%	$1.8M	$1.7M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	954.72	−0.039%	$3.7M	$17.4M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	955.09	0.000%	$8.0M	$6.1M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	954.72	−0.039%	$2.6M	$2.9M	20x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni LITE	0.0000%	8h	955.39	+0.032%	$261K	$153K	—	as long as short
GRVT LITE_USDT_Perp	0.0000%	8h	956.10	+0.105%	$296	$185K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	955.50	+0.043%	$613	$3.8M	10x	as long as short
HTX LITE-USDT	0.0000%	8h	956.07	+0.103%	$7K	$31K	20x	as long as short
Phemex LITEUSDT	0.0000%	8h	955.89	+0.084%	$1.5M	$691K	10x	as long as short
BloFin LITE-USDT	+0.0011%	8h	955.35	+0.027%	$223K	$234K	20x	as long as short
Lighter LITE	+0.0032%	1h	955.61	+0.054%	$27K	$99K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	955.49	+0.042%	—	$3K	10x	as long as short
tradeXYZ xyz:LITE	+0.0050%	1h	955.09	0.000%	$7.2M	$5.4M	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	955.88	+0.083%	$74K	$228K	10x	as long as short
SoDEX LITE-USD	+0.0050%	1h	955.48	+0.041%	$23K	$9K	10x	as long as short
Ondo Perps LITE-USD.Pshort	+0.0050%	1h	954.66	−0.045%	$48K	$291K	10x
KuCoin LITEUSDTM	+0.0100%	8h	954.88	−0.022%	$524K	$43K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	956.75	+0.174%	$16K	$266K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	955.56	+0.049%	$929	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	955.38	+0.030%	—	—	10x	as long as short
edgeX LITEUSDC	+0.0366%	4h	955.72	+0.066%	$68K	$452K	10x	as long as short