Funding you earn now, next payment 02:00 UTC−0.0127%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.037%
Price spread now: Ondo Perps against tradeXYZ−0.071%7-day average +0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.071%, 7d avg +0.019%
=Together, before fees+0.104%+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Ondo Perps is 0.090% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 960.07 | 0.0178 | pay 0.0022% / 1h | 14m 56s | $7.2M | $5.2M | 10x |
| Short | Ondo Perps LITE-USD.P | 959.39 | 0.0050 | get 0.0006% / 1h | 14m 56s | $167K | $165K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against tradeXYZ. 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
- −$26.77
- Price spread: −0.071% → +0.019%
- −$9.03
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$58.8
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: 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 tradeXYZ live order book, 3 min ago | 1.20 bp | 11.5 bp −$12 | 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 26 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 | −0.0232% | 1h | 965.50 | +0.566% | $111K | $195K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 961.12 | +0.109% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 959.85 | −0.023% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.87 | −0.021% | $3.8M | $17.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.44 | +0.039% | $8.0M | $6.0M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.74 | −0.034% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.38 | −0.072% | $892 | $192K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.00 | −0.007% | $1K | $3.9M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.68 | +0.064% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 960.08 | +0.001% | $1.5M | $683K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0028% | 1h | 959.86 | −0.022% | $1.1M | $5.0M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 960.02 | −0.005% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.53 | −0.056% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 959.99 | −0.008% | $75K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.Pshort | +0.0050% | 1h | 959.39 | −0.071% | $167K | $165K | 10x | |
| SoDEX LITE-USD | +0.0075% | 1h | 960.01 | −0.006% | $23K | $10K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.97 | −0.010% | $519K | $39K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.36 | −0.074% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 960.25 | +0.019% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.99 | −0.008% | — | — | 10x | as long as short |
| Variational Omni LITE | +0.0154% | 8h | 960.29 | +0.023% | $266K | $147K | — | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0167% | 1h | 960.11 | +0.004% | $19K | $37K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0178% | 1h | 960.07 | long leg | $7.2M | $5.2M | 10x | |
| Binance LITEUSDT | +0.0271% | 8h | 960.21 | +0.015% | $13.7M | $44.0M | 25x | as long as short |
| Extended LITE-USD | +0.0272% | 1h | 959.99 | −0.008% | $10K | $201K | 10x | as long as short |
| edgeX LITEUSDC | +0.0354% | 4h | 959.35 | −0.075% | $70K | $455K | 10x | as long as short |
tradeXYZ xyz:LITE
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
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Variational Omni LITE
Deribit LITE_USDC-PERPETUAL
Binance LITEUSDT
Extended LITE-USD
edgeX LITEUSDC