Funding you earn now, next payment 03:00 UTC+0.0020%/8h= +2.1% APRpaid last 24h +0.016%
Price spread now: Variational Omni against Ondo Perps+0.011%7-day average +0.061% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.381%+$38 · spread now +0.011%, 7d avg +0.061%
=Together, before fees+0.399%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.050% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.011% now, against its 7-day average of +0.061%). If the spread goes back, that is −$5 on $10k: about 8.6 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps LITE-USD.P | 958.11 | 0.0050 | pay 0.0006% / 1h | 34m 23s | $71K | $267K | 10x |
| Short | Variational Omni LITE | 958.21 | 0.0070 | get 0.0070% / 8h | 5h 34m | $266K | $147K | — |
Ondo Perps LITE-USD.P
Variational Omni LITEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $4.11
- Price spread: +0.011% → +0.061%
- −$5.04
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$5.93
- Costs to cover
- 0.050%
- Break-even
- 17.1 days
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 30 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 Variational Omni RFQ quote, 30 min ago | 3.96 bp | doesn't fit | 41.5 bp −$415 | 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 | −0.0144% | 1h | 957.56 | −0.057% | $106K | $198K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 959.63 | +0.159% | $107K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 958.92 | +0.085% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 958.71 | +0.063% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 959.24 | +0.118% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.43 | +0.033% | $2.6M | $3.0M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.00 | +0.093% | $316 | $187K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 957.90 | −0.022% | $661 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 958.21 | +0.010% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 958.73 | +0.065% | $7K | $32K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 958.86 | +0.078% | $1.5M | $688K | 10x | as long as short |
| QFEX LITE-USD | +0.0008% | 1h | 958.50 | +0.041% | $1.1M | $4.9M | 10x | as long as short |
| BloFin LITE-USDT | +0.0018% | 8h | 958.74 | +0.066% | $225K | $236K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 958.54 | +0.045% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 958.35 | +0.025% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 958.72 | +0.064% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 958.37 | +0.027% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.Plong | +0.0050% | 1h | 958.11 | long leg | $71K | $267K | 10x | |
| Variational Omni LITEshort | +0.0070% | 8h | 958.21 | +0.011% | $266K | $147K | — | |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.58 | +0.049% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 958.71 | +0.063% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.48 | +0.039% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.24 | +0.014% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0150% | 4h | 958.15 | +0.004% | $69K | $454K | 10x | as long as short |
| Binance LITEUSDT | +0.0159% | 8h | 958.77 | +0.069% | $12.7M | $46.7M | 25x | as long as short |
| Extended LITE-USD | +0.0160% | 1h | 958.51 | +0.042% | $13K | $203K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0221% | 1h | 958.84 | +0.076% | $7.1M | $5.4M | 10x | as long as short |
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDT
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
edgeX LITEUSDC
Binance LITEUSDT
Extended LITE-USD
tradeXYZ xyz:LITE