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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 964.61 | 0.0032 | pay 0.0004% / 1h | 36m 01s | $27K | $101K | 10x |
| Short | Ondo Perps LITE-USD.P | 965.13 | 0.0050 | get 0.0006% / 1h | 36m 01s | $176K | $150K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 18 min ago | 0.98 bp | 3.1 bp −$3 | 5.4 bp −$54 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0096% | 1h | 960.78 | −0.397% | $111K | $212K | 10x | as long as short |
| BloFin LITE-USDT | −0.0013% | 8h | 965.33 | +0.075% | $224K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 965.02 | +0.043% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 964.55 | −0.006% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 964.98 | +0.038% | $3.8M | $18.0M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 964.29 | −0.033% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 965.61 | +0.103% | $763 | $210K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.00 | +0.040% | $857 | $4.0M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 965.38 | +0.080% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 965.19 | +0.060% | $1.5M | $682K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0014% | 1h | 964.69 | +0.008% | $1.1M | $5.2M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0020% | 1h | 964.31 | −0.031% | $19K | $37K | 10x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 964.61 | long leg | $27K | $101K | 10x | |
| Gate LITE_USDT | +0.0042% | 8h | 965.27 | +0.068% | $8.1M | $5.9M | 50x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 964.45 | −0.017% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 965.09 | +0.050% | $75K | $227K | 10x | as long as short |
| Ondo Perps LITE-USD.Pshort | +0.0050% | 1h | 965.13 | +0.054% | $176K | $150K | 10x | |
| KuCoin LITEUSDTM | +0.0100% | 8h | 964.47 | −0.015% | $520K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 964.51 | −0.010% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 964.96 | +0.036% | $938 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 964.93 | +0.034% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0132% | 4h | 965.29 | +0.071% | $73K | $463K | 10x | as long as short |
| SoDEX LITE-USD | +0.0276% | 1h | 964.84 | +0.024% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0306% | 8h | 964.71 | +0.010% | $243K | $141K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0357% | 1h | 965.31 | +0.073% | $7.3M | $5.0M | 10x | as long as short |
| Binance LITEUSDT | +0.0407% | 8h | 964.79 | +0.019% | $13.9M | $44.2M | 25x | as long as short |
| Extended LITE-USD | +0.0408% | 1h | 964.39 | −0.023% | $9K | $209K | 10x | as long as short |
Lighter LITE
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Deribit LITE_USDC-PERPETUAL
Gate LITE_USDT
Polymarket Perps LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
edgeX LITEUSDC
SoDEX LITE-USD
Variational Omni LITE
tradeXYZ xyz:LITE
Binance LITEUSDT
Extended LITE-USD