Funding you earn now, next payment 08:00 UTC−0.0183%/8h= −20.1% APRpaid last 24h −0.009%
Price spread now: Bitget against Ondo Perps−0.087%50s7-day average +0.029% · 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)+0.134%+$13 · spread now −0.087%, 7d avg +0.029%
=Together, before fees+0.183%+ Points / potential airdropOndo Perps: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.117% cheaper against Ondo Perps than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.029%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.048% in total (about 2.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps LITE-USD.P | 950.21 | 0.0050 | pay 0.0006% / 1h | 35m 57s | $32K | $353K | 10x |
| Short | Bitget LITEUSDT | 949.38 | −0.0133 | pay 0.0133% / 8h | 35m 57s | $2.6M | $3.1M | 20x |
Ondo Perps LITE-USD.P
Bitget LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$38.51
- Price spread: −0.087% → +0.029%
- −$11.67
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$67.19
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 3.47 bp | 17.7 bp −$18 | 31.2 bp −$312 | 60.2 bp −$6,016 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDTshort | −0.0133% | 8h | 949.38 | −0.087% | $2.6M | $3.1M | 20x | |
| Coinbase International LITE-PERP-INTX | −0.0120% | 1h | 947.41 | −0.295% | $94K | $214K | 10x | as long as short |
| BloFin LITE-USDT | −0.0019% | 8h | 950.07 | −0.015% | $216K | $242K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 950.12 | −0.009% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 949.84 | −0.039% | $49K | $253K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 950.17 | −0.004% | $12.1M | $49.4M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 950.33 | +0.013% | $1.8M | $2.0M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 950.01 | −0.021% | $3.6M | $18.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 950.71 | +0.053% | $8.0M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 949.77 | −0.046% | $261K | $140K | — | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 950.15 | −0.006% | $969 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 950.20 | −0.001% | $760 | $3.7M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 949.91 | −0.032% | $18K | $41K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 950.30 | +0.009% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 950.46 | +0.026% | $1.5M | $737K | 10x | as long as short |
| QFEX LITE-USD | +0.0002% | 1h | 949.90 | −0.033% | $1.1M | $3.7M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 949.76 | −0.047% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 949.81 | −0.042% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 950.50 | +0.031% | $74K | $229K | 10x | as long as short |
| Ondo Perps LITE-USD.Plong | +0.0050% | 1h | 950.21 | long leg | $32K | $353K | 10x | |
| SoDEX LITE-USD | +0.0063% | 1h | 949.91 | −0.032% | $23K | $9K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 949.70 | −0.054% | $521K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 950.27 | +0.006% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 950.03 | −0.019% | $923 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 949.80 | −0.043% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0239% | 1h | 950.38 | +0.018% | $7.7M | $6.0M | 10x | as long as short |
| edgeX LITEUSDC | +0.0796% | 4h | 949.96 | −0.026% | $64K | $472K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
edgeX LITEUSDC