Funding you earn now, next payment 01:00 UTC+0.0314%/8h= +34.3% APRpaid last 24h +0.027%
Price spread now: Binance against Ondo Perps+0.027%7-day average +0.066% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 2 days (all we have)+0.035%+$4 · spread now +0.027%, 7d avg +0.066%
=Together, before fees+0.083%+ Points / potential airdropOndo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.039% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.027% now, against its 7-day average of +0.066%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.048% in total) that is about 5.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.048% in total (about 2.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps LITE-USD.P | 965.45 | 0.0050 | pay 0.0006% / 1h | 8m 22s | $168K | $165K | 10x |
| Short | Binance LITEUSDT | 965.71 | 0.0364 | get 0.0364% / 8h | 7h 08m | $13.8M | $44.1M | 25x |
Ondo Perps LITE-USD.P
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Ondo Perps. 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
- $65.84
- Price spread: +0.027% → +0.066%
- −$3.86
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $46.99
- Costs to cover
- 0.150%
- Break-even
- 2.0 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 4 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 0.83 bp | 11.0 bp −$11 | 21.7 bp −$217 | doesn't fit | doesn't fit |
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 | −0.484% | $111K | $212K | 10x | as long as short |
| BloFin LITE-USDT | −0.0012% | 8h | 965.56 | +0.011% | $225K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 966.50 | +0.109% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 965.83 | +0.039% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 965.92 | +0.049% | $3.8M | $17.9M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 966.17 | +0.075% | $8.1M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 965.37 | −0.008% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 966.58 | +0.117% | $561 | $206K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.80 | +0.036% | $824 | $4.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 965.25 | −0.021% | $19K | $37K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUALShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 965.96 | +0.053% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 965.94 | +0.051% | $1.5M | $681K | 10x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 965.28 | −0.018% | $1.1M | $5.2M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 965.61 | +0.017% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 964.97 | −0.050% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 965.83 | +0.039% | $75K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.Plong | +0.0050% | 1h | 965.45 | long leg | $168K | $165K | 10x | |
| KuCoin LITEUSDTM | +0.0100% | 8h | 965.44 | −0.001% | $521K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 964.95 | −0.052% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.69 | +0.025% | $939 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 965.73 | +0.029% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0166% | 1h | 965.53 | +0.008% | $23K | $10K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0241% | 1h | 965.61 | +0.017% | $7.3M | $5.0M | 10x | as long as short |
| Variational Omni LITE | +0.0256% | 8h | 965.16 | −0.030% | $243K | $141K | — | as long as short |
| Extended LITE-USD | +0.0360% | 1h | 965.46 | +0.001% | $9K | $203K | 10x | as long as short |
| Binance LITEUSDTshort | +0.0364% | 8h | 965.71 | +0.027% | $13.8M | $44.1M | 25x | |
| edgeX LITEUSDC | +0.0733% | 4h | 965.18 | −0.027% | $73K | $456K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
tradeXYZ xyz:LITE
Variational Omni LITE
Extended LITE-USD
edgeX LITEUSDC