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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.012%
Price spread now: Ondo Perps against Lighter−0.141%7-day average −0.058% · 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−0.343%−$34 on $10k
Price spread, last 4 days (all we have)+0.257%+$26 · spread now −0.141%, 7d avg −0.058%
Together, before fees−0.086%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.083% cheaper against Lighter than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of −0.058%). If the spread goes back, that is −$8 on $10k: about 15 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.343%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LITE941.740.0032pay 0.0004% / 1h16m 25s$26K$102K10x
ShortOndo Perps LITE-USD.P940.410.0050get 0.0006% / 1h16m 25s$32K$361K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Lighter. 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
$3.86
Price spread: −0.141% → −0.058%
−$8.32
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$9.46
Costs to cover
0.050%
Break-even
24.1 days
Slippage unknown: Lighter: live order book, 28 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 Lighter live order book, 28 min ago1.27 bp13.0 bp −$1349.6 bp −$496doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LITE_USDC-PERPETUAL−0.0366%1h941.14−0.064%$18K$41K10xas long as short
Coinbase International LITE-PERP-INTX−0.0016%1h940.46−0.136%$93K$124K10xas long as short
BloFin LITE-USDT−0.0015%8h941.19−0.058%$216K$252K20xas long as short
Aster LITEUSDT0.0000%8h941.18−0.059%$105K$30K20xas long as short
Extended LITE-USD0.0000%1h941.38−0.038%$50K$251K10xas long as short
Binance LITEUSDT0.0000%8h941.77+0.003%$12.0M$51.4M25xas long as short
Bybit LITEUSDT0.0000%8h941.33−0.044%$1.8M$2.1M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h942.29+0.058%$3.5M$18.8M25xas long as short
Gate LITE_USDT0.0000%8h942.46+0.076%$8.0M$6.6M50xas long as short
Bitget LITEUSDT0.0000%8h941.61−0.014%$2.6M$3.3M20xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITE0.0000%8h940.79−0.101%$259K$129Kas long as short
GRVT LITE_USDT_Perp0.0000%8h941.17−0.061%$649$191K10xas long as short
SunX LITE-USDT0.0000%8h941.60−0.015%$826$3.5M10xas long as short
HTX LITE-USDT0.0000%8h941.42−0.034%$7K$30K20xas long as short
Phemex LITEUSDT0.0000%8h941.81+0.007%$1.5M$747K10xas long as short
QFEX LITE-USD+0.0008%1h941.69−0.005%$1.1M$3.8M10xas long as short
Lighter LITElong+0.0032%1h941.74long leg$26K$102K10x
Vest LITE-USD-PERP+0.0046%1h941.07−0.071%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h941.82+0.008%$73K$224K10xas long as short
Ondo Perps LITE-USD.Pshort+0.0050%1h940.41−0.141%$32K$361K10x
SoDEX LITE-USD+0.0085%1h941.12−0.066%$23K$9K10xas long as short
tradeXYZ xyz:LITE+0.0095%1h941.85+0.012%$7.6M$5.7M10xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h941.28−0.049%$915$3K10xas long as short
KuCoin LITEUSDTM+0.0100%8h940.96−0.083%$515K$174K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h939.55−0.233%$16K$268K50xas long as short
Aevo LITE-PERP+0.0104%1h941.01−0.077%10xas long as short
edgeX LITEUSDC+0.0414%4h940.63−0.118%$59K$487K10xas long as short