Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.027%
Price spread now: Binance against Ondo Perps−0.135%7-day average +0.081% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.224%+$22 · spread now −0.135%, 7d avg +0.081%
=Together, before fees+0.271%+ Points / potential airdropOndo Perps: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.216% cheaper against Ondo Perps than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.081%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps LITE-USD.P | 949.00 | 0.0050 | pay 0.0006% / 1h | 18m 14s | $34K | $314K | 10x |
| Short | Binance LITEUSDT | 947.72 | 0 | get 0.0000% / 8h | 3h 18m | $12.3M | $47.2M | 25x |
Ondo Perps LITE-USD.P
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Ondo Perps. 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: −0.135% → +0.081%
- −$21.57
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$47.15
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 9 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 0.79 bp | 9.6 bp −$10 | 25.3 bp −$253 | 101.2 bp −$10.1K | doesn't fit |
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 | −0.0224% | 1h | 957.73 | +0.920% | $101K | $203K | 10x | as long as short |
| Bitget LITEUSDT | −0.0158% | 8h | 947.40 | −0.169% | $2.6M | $3.0M | 20x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0119% | 1h | 947.50 | −0.158% | $18K | $39K | 10x | as long as short |
| QFEX LITE-USD | −0.0002% | 1h | 947.50 | −0.158% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 948.76 | −0.025% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 947.45 | −0.163% | $14K | $207K | 10x | as long as short |
| Binance LITEUSDTshort | 0.0000% | 8h | 947.72 | −0.135% | $12.3M | $47.2M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 947.62 | −0.145% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 947.60 | −0.148% | $3.7M | $17.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 948.06 | −0.099% | $7.9M | $6.2M | 50x | as long as short |
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
Deribit LITE_USDC-PERPETUAL
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 949.92 | +0.097% | $261K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 949.58 | +0.061% | $304 | $184K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 947.60 | −0.148% | $752 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 949.74 | +0.078% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 947.77 | −0.130% | $1.5M | $701K | 10x | as long as short |
| BloFin LITE-USDT | +0.0027% | 8h | 948.90 | −0.011% | $221K | $234K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 947.74 | −0.133% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 947.46 | −0.162% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 947.61 | −0.146% | $7.2M | $5.5M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 947.70 | −0.137% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 947.66 | −0.141% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.Plong | +0.0050% | 1h | 949.00 | long leg | $34K | $314K | 10x | |
| edgeX LITEUSDC | +0.0072% | 4h | 949.99 | +0.105% | $64K | $456K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 947.74 | −0.133% | $521K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 949.56 | +0.059% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 947.46 | −0.162% | $921 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 947.37 | −0.172% | — | — | 10x | as long as short |
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
tradeXYZ xyz:LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
edgeX LITEUSDC
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP