Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.017%
Price spread now: Ondo Perps against Phemex−0.433%7-day average −0.094% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 3 days (all we have)+0.383%+$38 · spread now −0.433%, 7d avg −0.094%
=Together, before fees+0.449%+ Points / potential airdropOndo Perps: Active · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.339% cheaper against Phemex than usual: you would sell low and buy high (spread −0.433% now, against its 7-day average of −0.094%). If the spread goes back, that is −$34 on $10k: about 22 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 964.83 | 0 | get 0.0000% / 8h | 7h 55m | $1.5M | $682K | 10x |
| Short | Ondo Perps LITE-USD.P | 960.65 | 0.0050 | get 0.0006% / 1h | 55m 01s | $175K | $160K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Phemex. 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: −0.433% → −0.094%
- −$33.95
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$40.36
- Costs to cover
- 0.170%
- Break-even
- 33.7 days
Slippage unknown: Phemex: live order book, 3 min ago; Ondo Perps: no order-book sample. 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 Phemex live order book, 3 min ago | 5.55 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 | −0.0096% | 1h | 960.78 | −0.420% | $111K | $224K | 10x | as long as short |
| BloFin LITE-USDT | −0.0023% | 8h | 964.21 | −0.064% | $223K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 964.89 | +0.006% | $108K | $17K | 20x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 964.30 | −0.055% | $3.8M | $18.1M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 964.07 | −0.079% | $2.8M | $2.8M | 20x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 964.30 | −0.055% | $936 | $4.1M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 964.38 | −0.047% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 964.83 | long leg | $1.5M | $682K | 10x | |
| Gate LITE_USDT | +0.0005% | 8h | 964.68 | −0.016% | $8.1M | $5.8M | 50x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 964.33 | −0.052% | $1.1M | $5.3M | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest LITE-USD-PERP | +0.0046% | 1h | 963.96 | −0.090% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 964.18 | −0.067% | $76K | $232K | 10x | as long as short |
| Ondo Perps LITE-USD.Pshort | +0.0050% | 1h | 960.65 | −0.433% | $175K | $160K | 10x | |
| Lighter LITE | +0.0064% | 1h | 964.23 | −0.062% | $27K | $101K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 963.19 | −0.170% | $519K | $39K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 964.46 | −0.038% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 964.13 | −0.073% | $937 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 963.63 | −0.125% | — | — | 10x | as long as short |
| Bybit LITEUSDT | +0.0189% | 8h | 964.81 | −0.002% | $1.9M | $1.8M | 25x | as long as short |
| Variational Omni LITE | +0.0316% | 8h | 964.24 | −0.061% | $243K | $142K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0357% | 1h | 964.26 | −0.059% | $7.2M | $5.1M | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0372% | 8h | 964.90 | +0.007% | $608 | $224K | 10x | as long as short |
| Extended LITE-USD | +0.0424% | 1h | 964.12 | −0.073% | $9K | $206K | 10x | as long as short |
| Binance LITEUSDT | +0.0425% | 8h | 964.33 | −0.052% | $13.8M | $44.9M | 25x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0425% | 1h | 964.19 | −0.066% | $19K | $37K | 10x | as long as short |
| edgeX LITEUSDC | +0.0576% | 4h | 964.15 | −0.071% | $72K | $462K | 10x | as long as short |
| SoDEX LITE-USD | +0.0738% | 1h | 964.01 | −0.085% | $23K | $10K | 10x | as long as short |
Phemex LITEUSDT
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
SunX LITE-USDT
HTX LITE-USDT
Gate LITE_USDT
Polymarket Perps LITE-USD
Lighter LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Bybit LITEUSDT
Variational Omni LITE
tradeXYZ xyz:LITE
GRVT LITE_USDT_Perp
Extended LITE-USD
Binance LITEUSDT
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC
SoDEX LITE-USD