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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.023%
Price spread now: OKX against Ondo Perps+0.136%7-day average +0.073% · 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+0.066%+$7 on $10k
Price spread, last 4 days (all we have)−0.255%−$26 · spread now +0.136%, 7d avg +0.073%
Together, before fees−0.189%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.063% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.136% now, against its 7-day average of +0.073%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.066%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps LITE-USD.P956.820.0050pay 0.0006% / 1h3m 18s$176K$158K10x
ShortOKX LITE-USDT-SWAP958.120get 0.0000% / 8h2h 03m$3.8M$18.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$10.58
Price spread: +0.136% → +0.073%
$6.3
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$19.29
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago0.21 bp8.5 bp −$822.7 bp −$227doesn'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
Aster LITEUSDT0.0000%8h957.23+0.043%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h957.53+0.074%$9K$209K10xas long as short
Binance LITEUSDT0.0000%8h957.69+0.091%$13.8M$45.3M25xas long as short
Bybit LITEUSDT0.0000%8h957.53+0.074%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAPshort0.0000%8h958.12+0.136%$3.8M$18.0M25x
Gate LITE_USDT0.0000%8h957.97+0.120%$8.0M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h957.40+0.061%$2.7M$3.0M20xas long as short
Variational Omni LITE0.0000%8h958.27+0.152%$241K$142Kas long as short
GRVT LITE_USDT_Perp0.0000%8h957.90+0.113%$623$253K10xas long as short
SunX LITE-USDT0.0000%8h957.60+0.082%$757$4.2M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LITE_USDC-PERPETUAL0.0000%1h957.71+0.093%$19K$36K10xas long as short
HTX LITE-USDT0.0000%8h958.69+0.195%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h958.16+0.140%$1.5M$693K10xas long as short
QFEX LITE-USD+0.0018%1h957.54+0.075%$1.1M$5.2M10xas long as short
BloFin LITE-USDT+0.0023%8h957.86+0.109%$223K$236K20xas long as short
Lighter LITE+0.0032%1h957.95+0.118%$27K$103K10xas long as short
Vest LITE-USD-PERP+0.0046%1h957.03+0.022%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h957.76+0.098%$29K$489K10xas long as short
Ondo Perps LITE-USD.Plong+0.0050%1h956.82long leg$176K$158K10x
SoDEX LITE-USD+0.0081%1h957.61+0.083%$23K$10K10xas long as short
KuCoin LITEUSDTM+0.0100%8h957.28+0.048%$516K$38K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h958.07+0.131%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h957.91+0.114%$931$3K10xas long as short
Aevo LITE-PERP+0.0104%1h957.82+0.105%10xas long as short
Coinbase International LITE-PERP-INTX+0.0120%1h956.59−0.024%$118K$337K10xas long as short
tradeXYZ xyz:LITE+0.0304%1h958.01+0.124%$7.2M$5.1M10xas long as short
edgeX LITEUSDC+0.0515%4h957.88+0.111%$68K$459K10xas long as short