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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps LITE-USD.P | 948.18 | 0.0050 | pay 0.0006% / 1h | 5m 09s | $32K | $349K | 10x |
| Short | Lighter LITE | 949.70 | 0.0032 | get 0.0004% / 1h | 5m 09s | $25K | $104K | 10x |
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 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: +0.160% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 19 min ago | 3.17 bp | 4.2 bp −$4 | 9.1 bp −$91 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0373% | 8h | 949.05 | +0.092% | $2.6M | $3.1M | 20x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0308% | 1h | 949.26 | +0.114% | $18K | $40K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | −0.161% | $92K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 949.89 | +0.180% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 948.99 | +0.086% | $14K | $220K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 949.28 | +0.116% | $12.2M | $49.4M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 949.59 | +0.149% | $1.7M | $1.9M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 949.33 | +0.121% | $3.6M | $18.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 949.68 | +0.158% | $7.9M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 949.45 | +0.134% | $260K | $154K | — | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 948.74 | +0.059% | $778 | $195K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 949.10 | +0.097% | $936 | $3.7M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 949.20 | +0.108% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 949.55 | +0.144% | $1.5M | $733K | 10x | as long as short |
| BloFin LITE-USDT | +0.0008% | 8h | 949.74 | +0.165% | $215K | $240K | 20x | as long as short |
| QFEX LITE-USD | +0.0012% | 1h | 948.65 | +0.050% | $1.1M | $3.7M | 10x | as long as short |
| Lighter LITEshort | +0.0032% | 1h | 949.70 | +0.160% | $25K | $104K | 10x | |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.29 | +0.012% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.36 | +0.124% | $74K | $229K | 10x | as long as short |
| Ondo Perps LITE-USD.Plong | +0.0050% | 1h | 948.18 | long leg | $32K | $349K | 10x | |
| KuCoin LITEUSDTM | +0.0100% | 8h | 949.20 | +0.108% | $521K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.72 | +0.057% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 949.67 | +0.157% | $923 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 949.39 | +0.128% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0142% | 1h | 949.47 | +0.136% | $7.7M | $5.9M | 10x | as long as short |
| SoDEX LITE-USD | +0.0176% | 1h | 949.06 | +0.093% | $23K | $9K | 10x | as long as short |
| edgeX LITEUSDC | +0.0280% | 4h | 948.42 | +0.026% | $63K | $472K | 10x | as long as short |
Lighter LITE
Bitget LITEUSDT
Deribit LITE_USDC-PERPETUAL
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Polymarket Perps LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
tradeXYZ xyz:LITE
SoDEX LITE-USD
edgeX LITEUSDC