Funding you earn now, next payment 10:00 UTC−0.0030%/8h= −3.2% APRpaid last 24h −0.012%
Price spread now: BloFin against Ondo Perps+0.027%95s7-day average +0.075% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.027%, 7d avg +0.075%
=Together, before fees−0.146%+ Points / potential airdropOndo Perps: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.048% cheaper against Ondo Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.075%). Swap the legs. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps LITE-USD.P | 942.46 | 0.0050 | pay 0.0006% / 1h | 59m 18s | $32K | $362K | 10x |
| Short | BloFin LITE-USDT | 942.71 | 0.0021 | get 0.0021% / 8h | 6h 59m | $214K | $250K | 20x |
Ondo Perps LITE-USD.P
BloFin LITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$6.23
- Price spread: +0.027% → +0.075%
- −$4.83
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$28.06
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 67 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 BloFin live order book, 67 min ago | 1.27 bp | 8.5 bp −$9 | 15.9 bp −$159 | 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 | −0.0016% | 1h | 940.46 | −0.212% | $93K | $144K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 942.85 | +0.041% | $106K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 942.83 | +0.039% | $45K | $249K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 943.28 | +0.087% | $12.0M | $50.9M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 942.76 | +0.032% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 943.66 | +0.127% | $3.6M | $18.7M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 943.00 | +0.057% | $2.6M | $3.2M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 942.24 | −0.023% | $258K | $139K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 943.20 | +0.079% | $667 | $3.6M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 942.80 | +0.036% | $7K | $30K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
Variational Omni LITE
SunX LITE-USDT
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 943.48 | +0.108% | $1.5M | $744K | 10x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 943.21 | +0.080% | $1.1M | $3.9M | 10x | as long as short |
| BloFin LITE-USDTshort | +0.0021% | 8h | 942.71 | +0.027% | $214K | $250K | 20x | |
| Lighter LITE | +0.0032% | 1h | 942.91 | +0.048% | $26K | $102K | 10x | as long as short |
| Gate LITE_USDT | +0.0043% | 8h | 943.99 | +0.162% | $7.9M | $6.5M | 50x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 943.00 | +0.057% | — | $3K | 10x | as long as short |
| Ondo Perps LITE-USD.Plong | +0.0050% | 1h | 942.46 | long leg | $32K | $362K | 10x | |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 942.93 | +0.050% | $917 | $3K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 941.92 | −0.057% | $516K | $125K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 942.71 | +0.027% | $16K | $267K | 50x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 942.73 | +0.029% | — | — | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0116% | 8h | 942.81 | +0.037% | $783 | $192K | 10x | as long as short |
| SoDEX LITE-USD | +0.0272% | 1h | 943.12 | +0.070% | $23K | $9K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0272% | 1h | 943.24 | +0.083% | $73K | $220K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0635% | 1h | 943.04 | +0.062% | $7.6M | $5.7M | 10x | as long as short |
| edgeX LITEUSDC | +0.0700% | 4h | 942.43 | −0.003% | $59K | $484K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0801% | 1h | 943.08 | +0.066% | $18K | $41K | 10x | as long as short |
Phemex LITEUSDT
QFEX LITE-USD
Lighter LITE
Gate LITE_USDT
Vest LITE-USD-PERP
Orderly PERP_LITE_USDC_mythos
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Aevo LITE-PERP
GRVT LITE_USDT_Perp
SoDEX LITE-USD
Polymarket Perps LITE-USD
tradeXYZ xyz:LITE
edgeX LITEUSDC
Deribit LITE_USDC-PERPETUAL