Settings8H · net · $10k
Funding arb · Price arb /

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.020%
Price spread now: Ondo Perps against Lighter+0.054%7-day average −0.059% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.369%−$37 on $10k
Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.054%, 7d avg −0.059%
Together, before fees−0.451%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.113% dearer against Lighter than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.059%. Mind the row above: over the last 7 days funding on this pair cost −0.369%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LITE964.610.0032pay 0.0004% / 1h36m 01s$27K$101K10x
ShortOndo Perps LITE-USD.P965.130.0050get 0.0006% / 1h36m 01s$176K$150K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Lighter. 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

Funding earned
$3.86
Price spread: +0.054% → −0.059%
$11.33
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$10.2
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Lighter: live order book, 18 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 18 min ago0.98 bp3.1 bp −$35.4 bp −$54doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LITE-PERP-INTX−0.0096%1h960.78−0.397%$111K$212K10xas long as short
BloFin LITE-USDT−0.0013%8h965.33+0.075%$224K$237K20xas long as short
Aster LITEUSDT0.0000%8h965.02+0.043%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h964.55−0.006%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h964.98+0.038%$3.8M$18.0M25xas long as short
Bitget LITEUSDT0.0000%8h964.29−0.033%$2.8M$2.8M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h965.61+0.103%$763$210K10xas long as short
SunX LITE-USDT0.0000%8h965.00+0.040%$857$4.0M10xas long as short
HTX LITE-USDT0.0000%8h965.38+0.080%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h965.19+0.060%$1.5M$682K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USD+0.0014%1h964.69+0.008%$1.1M$5.2M10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0020%1h964.31−0.031%$19K$37K10xas long as short
Lighter LITElong+0.0032%1h964.61long leg$27K$101K10x
Gate LITE_USDT+0.0042%8h965.27+0.068%$8.1M$5.9M50xas long as short
Vest LITE-USD-PERP+0.0046%1h964.45−0.017%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h965.09+0.050%$75K$227K10xas long as short
Ondo Perps LITE-USD.Pshort+0.0050%1h965.13+0.054%$176K$150K10x
KuCoin LITEUSDTM+0.0100%8h964.47−0.015%$520K$38K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h964.51−0.010%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h964.96+0.036%$938$3K10xas long as short
Aevo LITE-PERP+0.0104%1h964.93+0.034%10xas long as short
edgeX LITEUSDC+0.0132%4h965.29+0.071%$73K$463K10xas long as short
SoDEX LITE-USD+0.0276%1h964.84+0.024%$23K$10K10xas long as short
Variational Omni LITE+0.0306%8h964.71+0.010%$243K$141Kas long as short
tradeXYZ xyz:LITE+0.0357%1h965.31+0.073%$7.3M$5.0M10xas long as short
Binance LITEUSDT+0.0407%8h964.79+0.019%$13.9M$44.2M25xas long as short
Extended LITE-USD+0.0408%1h964.39−0.023%$9K$209K10xas long as short