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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex LITEUSDT964.830get 0.0000% / 8h7h 55m$1.5M$682K10x
ShortOndo Perps LITE-USD.P960.650.0050get 0.0006% / 1h55m 01s$175K$160K10x

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 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: −0.433% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 3 min ago5.55 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LITE-PERP-INTX−0.0096%1h960.78−0.420%$111K$224K10xas long as short
BloFin LITE-USDT−0.0023%8h964.21−0.064%$223K$237K20xas long as short
Aster LITEUSDT0.0000%8h964.89+0.006%$108K$17K20xas long as short
OKX LITE-USDT-SWAP0.0000%8h964.30−0.055%$3.8M$18.1M25xas long as short
Bitget LITEUSDT0.0000%8h964.07−0.079%$2.8M$2.8M20xas long as short
SunX LITE-USDT0.0000%8h964.30−0.055%$936$4.1M10xas long as short
HTX LITE-USDT0.0000%8h964.38−0.047%$7K$31K20xas long as short
Phemex LITEUSDTlong0.0000%8h964.83long leg$1.5M$682K10x
Gate LITE_USDT+0.0005%8h964.68−0.016%$8.1M$5.8M50xas long as short
QFEX LITE-USD+0.0014%1h964.33−0.052%$1.1M$5.3M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest LITE-USD-PERP+0.0046%1h963.96−0.090%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h964.18−0.067%$76K$232K10xas long as short
Ondo Perps LITE-USD.Pshort+0.0050%1h960.65−0.433%$175K$160K10x
Lighter LITE+0.0064%1h964.23−0.062%$27K$101K10xas long as short
KuCoin LITEUSDTM+0.0100%8h963.19−0.170%$519K$39K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h964.46−0.038%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h964.13−0.073%$937$3K10xas long as short
Aevo LITE-PERP+0.0104%1h963.63−0.125%10xas long as short
Bybit LITEUSDT+0.0189%8h964.81−0.002%$1.9M$1.8M25xas long as short
Variational Omni LITE+0.0316%8h964.24−0.061%$243K$142Kas long as short
tradeXYZ xyz:LITE+0.0357%1h964.26−0.059%$7.2M$5.1M10xas long as short
GRVT LITE_USDT_Perp+0.0372%8h964.90+0.007%$608$224K10xas long as short
Extended LITE-USD+0.0424%1h964.12−0.073%$9K$206K10xas long as short
Binance LITEUSDT+0.0425%8h964.33−0.052%$13.8M$44.9M25xas long as short
Deribit LITE_USDC-PERPETUAL+0.0425%1h964.19−0.066%$19K$37K10xas long as short
edgeX LITEUSDC+0.0576%4h964.15−0.071%$72K$462K10xas long as short
SoDEX LITE-USD+0.0738%1h964.01−0.085%$23K$10K10xas long as short