Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.017%
Price spread now: Bybit against Ondo Perps−0.015%7-day average +0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now −0.015%, 7d avg +0.025%
=Together, before fees−0.097%+ Points / potential airdropOndo Perps: Active · farm board−$10 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 Bybit is 0.040% cheaper against Ondo Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps LITE-USD.P | 960.43 | 0.0050 | pay 0.0006% / 1h | 41m 21s | $175K | $160K | 10x |
| Short | Bybit LITEUSDT | 960.29 | 0 | get 0.0000% / 8h | 41m 21s | $1.9M | $1.8M | 25x |
Ondo Perps LITE-USD.P
Bybit LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.015% → +0.025%
- −$4
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$30.59
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 2.65 bp | 12.4 bp −$12 | 86.1 bp −$861 | doesn't fit | 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 | −0.0064% | 1h | 958.20 | −0.232% | $115K | $233K | 10x | as long as short |
| BloFin LITE-USDT | −0.0026% | 8h | 960.81 | +0.040% | $222K | $235K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.24 | −0.020% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDTshort | 0.0000% | 8h | 960.29 | −0.015% | $1.9M | $1.8M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 960.81 | +0.040% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 961.06 | +0.066% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 960.12 | −0.032% | $2.8M | $3.1M | 20x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 960.50 | +0.007% | $959 | $4.2M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 960.83 | +0.042% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 960.85 | +0.044% | $1.5M | $685K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX LITE-USD | +0.0033% | 1h | 960.29 | −0.015% | $1.1M | $5.3M | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 960.12 | −0.032% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 960.32 | −0.011% | $30K | $489K | 10x | as long as short |
| Ondo Perps LITE-USD.Plong | +0.0050% | 1h | 960.43 | long leg | $175K | $160K | 10x | |
| edgeX LITEUSDC | +0.0062% | 4h | 960.56 | +0.014% | $70K | $461K | 10x | as long as short |
| Variational Omni LITE | +0.0094% | 8h | 960.74 | +0.033% | $241K | $142K | — | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 960.11 | −0.033% | $517K | $38K | 20x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 960.46 | +0.003% | $934 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 960.52 | +0.010% | — | — | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0177% | 1h | 960.36 | −0.007% | $19K | $36K | 10x | as long as short |
| Lighter LITE | +0.0200% | 1h | 960.68 | +0.026% | $27K | $102K | 10x | as long as short |
| Extended LITE-USD | +0.0224% | 1h | 960.22 | −0.022% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0228% | 8h | 960.42 | −0.001% | $13.8M | $45.1M | 25x | as long as short |
| SoDEX LITE-USD | +0.0303% | 1h | 960.34 | −0.009% | $23K | $10K | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0345% | 8h | 960.69 | +0.027% | $932 | $234K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0494% | 1h | 960.92 | +0.051% | $7.2M | $5.1M | 10x | as long as short |
| ApeX Omni LITEUSDT | +0.0558% | 1h | 960.58 | +0.016% | $16K | $265K | 50x | as long as short |
QFEX LITE-USD
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
edgeX LITEUSDC
Variational Omni LITE
KuCoin LITEUSDTM
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Deribit LITE_USDC-PERPETUAL
Lighter LITE
Extended LITE-USD
Binance LITEUSDT
SoDEX LITE-USD
GRVT LITE_USDT_Perp
tradeXYZ xyz:LITE
ApeX Omni LITEUSDT