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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:LITE960.070.0178pay 0.0022% / 1h14m 56s$7.2M$5.2M10x
ShortOndo Perps LITE-USD.P959.390.0050get 0.0006% / 1h14m 56s$167K$165K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 3 min ago1.20 bp11.5 bp −$12doesn'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 26 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−0.0232%1h965.50+0.566%$111K$195K10xas long as short
Aster LITEUSDT0.0000%8h961.12+0.109%$108K$17K20xas long as short
Bybit LITEUSDT0.0000%8h959.85−0.023%$1.9M$1.6M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h959.87−0.021%$3.8M$17.6M25xas long as short
Gate LITE_USDT0.0000%8h960.44+0.039%$8.0M$6.0M50xas long as short
Bitget LITEUSDT0.0000%8h959.74−0.034%$2.8M$2.8M20xas long as short
GRVT LITE_USDT_Perp0.0000%8h959.38−0.072%$892$192K10xas long as short
SunX LITE-USDT0.0000%8h960.00−0.007%$1K$3.9M10xas long as short
HTX LITE-USDT0.0000%8h960.68+0.064%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h960.08+0.001%$1.5M$683K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LITE-USD+0.0028%1h959.86−0.022%$1.1M$5.0M10xas long as short
Lighter LITE+0.0032%1h960.02−0.005%$27K$101K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.53−0.056%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h959.99−0.008%$75K$228K10xas long as short
Ondo Perps LITE-USD.Pshort+0.0050%1h959.39−0.071%$167K$165K10x
SoDEX LITE-USD+0.0075%1h960.01−0.006%$23K$10K10xas long as short
KuCoin LITEUSDTM+0.0100%8h959.97−0.010%$519K$39K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h959.36−0.074%$16K$265K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h960.25+0.019%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.99−0.008%10xas long as short
Variational Omni LITE+0.0154%8h960.29+0.023%$266K$147Kas long as short
Deribit LITE_USDC-PERPETUAL+0.0167%1h960.11+0.004%$19K$37K10xas long as short
tradeXYZ xyz:LITElong+0.0178%1h960.07long leg$7.2M$5.2M10x
Binance LITEUSDT+0.0271%8h960.21+0.015%$13.7M$44.0M25xas long as short
Extended LITE-USD+0.0272%1h959.99−0.008%$10K$201K10xas long as short
edgeX LITEUSDC+0.0354%4h959.35−0.075%$70K$455K10xas long as short