Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Bybit against Ondo Perps−0.158%7-day average +0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.158%, 7d avg +0.025%
=Together, before fees−0.093%+ Points / potential airdropOndo Perps: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.183% cheaper against Ondo Perps than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps LITE-USD.P | 957.70 | 0.0050 | pay 0.0006% / 1h | 55m 33s | $48K | $291K | 10x |
| Short | Bybit LITEUSDT | 956.19 | 0 | get 0.0000% / 8h | 3h 55m | $1.8M | $1.7M | 25x |
Ondo Perps LITE-USD.P
Bybit LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$10.58
- Price spread: −0.158% → +0.025%
- −$18.3
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$44.89
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 2.98 bp | 11.0 bp −$11 | 83.0 bp −$830 | 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 | −0.0224% | 1h | 957.73 | +0.003% | $101K | $203K | 10x | as long as short |
| BloFin LITE-USDT | −0.0007% | 8h | 957.28 | −0.044% | $223K | $235K | 20x | as long as short |
| QFEX LITE-USD | −0.0002% | 1h | 955.97 | −0.181% | $1.1M | $3.9M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0001% | 1h | 956.33 | −0.143% | $18K | $39K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 958.44 | +0.077% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 956.14 | −0.163% | $18K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 956.05 | −0.172% | $12.5M | $46.7M | 25x | as long as short |
| Bybit LITEUSDTshort | 0.0000% | 8h | 956.19 | −0.158% | $1.8M | $1.7M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 955.58 | −0.221% | $3.7M | $17.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 956.59 | −0.116% | $8.0M | $6.1M | 50x | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
QFEX LITE-USD
Deribit LITE_USDC-PERPETUAL
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | 0.0000% | 8h | 956.27 | −0.149% | $2.6M | $2.9M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 956.42 | −0.133% | $262K | $153K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 957.49 | −0.022% | $297 | $184K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 956.60 | −0.115% | $596 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 957.91 | +0.022% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 956.96 | −0.077% | $1.5M | $690K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 956.04 | −0.173% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 956.01 | −0.176% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 956.47 | −0.128% | $7.2M | $5.4M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 955.61 | −0.218% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 956.74 | −0.100% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.Plong | +0.0050% | 1h | 957.70 | long leg | $48K | $291K | 10x | |
| KuCoin LITEUSDTM | +0.0100% | 8h | 956.98 | −0.075% | $525K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 957.30 | −0.042% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 956.77 | −0.097% | $930 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 956.72 | −0.102% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0609% | 4h | 957.23 | −0.049% | $69K | $450K | 10x | as long as short |
Bitget LITEUSDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Vest LITE-USD-PERP
tradeXYZ xyz:LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC