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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.09 per $10,000 · paid last 24h +0.040%
Price spread now: tradeXYZ against Ondo Perps−0.073%7-day average −0.017% · you buy dearer than you sell
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+0.044%+$4 on $10k
Price spread, last 4 days (all we have)−0.187%−$19 · spread now −0.073%, 7d avg −0.017%
Together, before fees−0.143%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.056% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of −0.017%). If the spread goes back, that is −$6 on $10k: about 2.5 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.044% in total) that is about 8.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps LITE-USD.P960.720.0050pay 0.0006% / 1h36m 32s$48K$292K10x
ShorttradeXYZ xyz:LITE960.020.0126get 0.0016% / 1h36m 32s$7.2M$5.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$15.79
Price spread: −0.073% → −0.017%
−$5.56
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$12.77
Costs to cover
0.230%
Break-even
12.7 days
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell tradeXYZ live order book, 2 min ago1.09 bp11.3 bp −$11doesn't fitdoesn'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
Coinbase International LITE-PERP-INTX−0.0152%1h957.73−0.311%$101K$203K10xas long as short
BloFin LITE-USDT−0.0002%8h959.31−0.147%$224K$236K20xas long as short
QFEX LITE-USD0.0000%1h959.49−0.128%$1.1M$4.1M10xas long as short
Aster LITEUSDT0.0000%8h960.27−0.047%$108K$17K20xas long as short
Extended LITE-USD0.0000%1h959.37−0.141%$9K$211K10xas long as short
Binance LITEUSDT0.0000%8h959.61−0.116%$12.6M$46.6M25xas long as short
Bybit LITEUSDT0.0000%8h959.60−0.117%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h959.26−0.152%$3.8M$17.5M25xas long as short
Gate LITE_USDT0.0000%8h960.06−0.069%$8.1M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h959.70−0.106%$2.6M$2.9M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITE0.0000%8h960.10−0.064%$266K$147Kas long as short
GRVT LITE_USDT_Perp0.0000%8h960.21−0.054%$326$185K10xas long as short
SunX LITE-USDT0.0000%8h959.50−0.127%$600$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h959.32−0.146%$19K$38K10xas long as short
HTX LITE-USDT0.0000%8h959.61−0.116%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h959.85−0.091%$1.5M$690K10xas long as short
Lighter LITE+0.0032%1h959.46−0.131%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.52−0.125%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h959.81−0.095%$74K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h959.49−0.128%$23K$9K10xas long as short
Ondo Perps LITE-USD.Plong+0.0050%1h960.72long leg$48K$292K10x
KuCoin LITEUSDTM+0.0100%8h959.26−0.152%$526K$42K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h960.32−0.042%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h959.37−0.141%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.14−0.164%10xas long as short
tradeXYZ xyz:LITEshort+0.0126%1h960.02−0.073%$7.2M$5.4M10x
edgeX LITEUSDC+0.0631%4h959.81−0.095%$70K$451K10xas long as short