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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h +0.017%
Price spread now: Lighter against Ondo Perps+0.160%7-day average +0.057% · 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+0.349%+$35 on $10k
Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.160%, 7d avg +0.057%
Together, before fees+0.217%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board+$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.104% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.057%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days. Mind the row above: over the last 7 days funding on this pair paid +0.349%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps LITE-USD.P948.180.0050pay 0.0006% / 1h5m 09s$32K$349K10x
ShortLighter LITE949.700.0032get 0.0004% / 1h5m 09s$25K$104K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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 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: +0.160% → +0.057%
$10.36
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
$1.5
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 19 min ago. 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 Ondo Perps no order-book sample
Sell Lighter live order book, 19 min ago3.17 bp4.2 bp −$49.1 bp −$91doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LITEUSDT−0.0373%8h949.05+0.092%$2.6M$3.1M20xas long as short
Deribit LITE_USDC-PERPETUAL−0.0308%1h949.26+0.114%$18K$40K10xas long as short
Coinbase International LITE-PERP-INTX−0.0072%1h946.65−0.161%$92K$212K10xas long as short
Aster LITEUSDT0.0000%8h949.89+0.180%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h948.99+0.086%$14K$220K10xas long as short
Binance LITEUSDT0.0000%8h949.28+0.116%$12.2M$49.4M25xas long as short
Bybit LITEUSDT0.0000%8h949.59+0.149%$1.7M$1.9M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h949.33+0.121%$3.6M$18.5M25xas long as short
Gate LITE_USDT0.0000%8h949.68+0.158%$7.9M$6.5M50xas long as short
Variational Omni LITE0.0000%8h949.45+0.134%$260K$154Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LITE_USDT_Perp0.0000%8h948.74+0.059%$778$195K10xas long as short
SunX LITE-USDT0.0000%8h949.10+0.097%$936$3.7M10xas long as short
HTX LITE-USDT0.0000%8h949.20+0.108%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h949.55+0.144%$1.5M$733K10xas long as short
BloFin LITE-USDT+0.0008%8h949.74+0.165%$215K$240K20xas long as short
QFEX LITE-USD+0.0012%1h948.65+0.050%$1.1M$3.7M10xas long as short
Lighter LITEshort+0.0032%1h949.70+0.160%$25K$104K10x
Vest LITE-USD-PERP+0.0046%1h948.29+0.012%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h949.36+0.124%$74K$229K10xas long as short
Ondo Perps LITE-USD.Plong+0.0050%1h948.18long leg$32K$349K10x
KuCoin LITEUSDTM+0.0100%8h949.20+0.108%$521K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h948.72+0.057%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h949.67+0.157%$923$3K10xas long as short
Aevo LITE-PERP+0.0104%1h949.39+0.128%10xas long as short
tradeXYZ xyz:LITE+0.0142%1h949.47+0.136%$7.7M$5.9M10xas long as short
SoDEX LITE-USD+0.0176%1h949.06+0.093%$23K$9K10xas long as short
edgeX LITEUSDC+0.0280%4h948.42+0.026%$63K$472K10xas long as short