Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Phemex against Ondo Perps+0.137%7-day average +0.094% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.137%, 7d avg +0.094%
=Together, before fees−0.126%+ Points / potential airdropOndo Perps: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.043% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of +0.094%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps LITE-USD.P | 946.89 | 0.0050 | pay 0.0006% / 1h | 21m 00s | $32K | $352K | 10x |
| Short | Phemex LITEUSDT | 948.19 | 0 | get 0.0000% / 8h | 21m 00s | $1.5M | $742K | 10x |
Ondo Perps LITE-USD.P
Phemex LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: +0.137% → +0.094%
- $4.31
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$23.27
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Phemex: live order book, 2 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 Phemex live order book, 2 min ago | 2.06 bp | doesn't fit | doesn't fit | 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 | −0.0120% | 1h | 946.24 | −0.069% | $93K | $215K | 10x | as long as short |
| Bitget LITEUSDT | −0.0116% | 8h | 948.11 | +0.129% | $2.6M | $3.1M | 20x | as long as short |
| BloFin LITE-USDT | −0.0030% | 8h | 948.18 | +0.136% | $217K | $242K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 948.46 | +0.166% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 947.65 | +0.080% | $49K | $247K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 947.70 | +0.085% | $12.1M | $49.5M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 948.44 | +0.164% | $1.8M | $2.0M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 948.09 | +0.127% | $3.6M | $18.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 948.52 | +0.172% | $8.0M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 949.02 | +0.225% | $260K | $140K | — | as long as short |
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 947.80 | +0.097% | $1K | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.40 | +0.054% | $724 | $3.7M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 948.88 | +0.210% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTshort | 0.0000% | 8h | 948.19 | +0.137% | $1.5M | $742K | 10x | |
| QFEX LITE-USD | +0.0002% | 1h | 948.20 | +0.138% | $1.1M | $3.7M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 947.64 | +0.079% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 947.26 | +0.039% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 948.27 | +0.146% | $74K | $229K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 947.57 | +0.072% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.Plong | +0.0050% | 1h | 946.89 | long leg | $32K | $352K | 10x | |
| KuCoin LITEUSDTM | +0.0100% | 8h | 947.54 | +0.069% | $519K | $46K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 947.34 | +0.048% | $16K | $267K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 947.45 | +0.059% | $921 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 947.28 | +0.041% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0242% | 1h | 948.00 | +0.117% | $7.7M | $5.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0394% | 1h | 947.87 | +0.103% | $18K | $41K | 10x | as long as short |
| edgeX LITEUSDC | +0.0697% | 4h | 946.65 | −0.025% | $63K | $473K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC