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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0202%/8h= −22.2% APRnext payment $0.25 per $10,000 · paid last 24h −0.067%
Price spread now: Coinbase International against Ondo Perps−0.311%7-day average −0.181% · 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−0.223%−$22 on $10k
Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.311%, 7d avg −0.181%
Together, before fees−0.060%+ Points / potential airdropOndo Perps: Active · farm board−$6 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 Coinbase International is 0.130% cheaper against Ondo Perps than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.181%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps LITE-USD.P960.720.0050pay 0.0006% / 1h36m 04s$48K$292K10x
ShortCoinbase International LITE-PERP-INTX957.73−0.0152pay 0.0019% / 1h36m 04s$101K$203K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$42.5
Price spread: −0.311% → −0.181%
−$13.01
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$70.51
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 22 min ago. 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 Ondo Perps no order-book sample
Sell Coinbase International live order book, 22 min ago5.73 bp10.8 bp −$1118.8 bp −$188doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LITE-PERP-INTXshort−0.0152%1h957.73−0.311%$101K$203K10x
BloFin LITE-USDT−0.0002%8h959.31−0.147%$224K$236K20xas long as short
QFEX LITE-USD0.0000%1h959.49−0.128%$1.1M$4.1M10xas long as short
Aster LITEUSDT0.0000%8h960.12−0.063%$108K$17K20xas long as short
Extended LITE-USD0.0000%1h959.33−0.145%$9K$211K10xas long as short
Binance LITEUSDT0.0000%8h959.59−0.118%$12.6M$46.6M25xas long as short
Bybit LITEUSDT0.0000%8h959.59−0.118%$1.9M$1.7M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h959.26−0.152%$3.8M$17.5M25xas long as short
Gate LITE_USDT0.0000%8h960.06−0.069%$8.1M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h959.70−0.106%$2.6M$2.9M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni LITE0.0000%8h959.35−0.143%$266K$147Kas long as short
GRVT LITE_USDT_Perp0.0000%8h960.21−0.054%$326$185K10xas long as short
SunX LITE-USDT0.0000%8h959.50−0.127%$600$3.8M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h959.29−0.149%$19K$38K10xas long as short
HTX LITE-USDT0.0000%8h959.61−0.116%$7K$32K20xas long as short
Phemex LITEUSDT0.0000%8h960.00−0.075%$1.5M$690K10xas long as short
Lighter LITE+0.0032%1h959.47−0.130%$27K$99K10xas long as short
Vest LITE-USD-PERP+0.0046%1h959.51−0.126%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h959.77−0.099%$74K$228K10xas long as short
SoDEX LITE-USD+0.0050%1h959.46−0.131%$23K$9K10xas long as short
Ondo Perps LITE-USD.Plong+0.0050%1h960.72long leg$48K$292K10x
KuCoin LITEUSDTM+0.0100%8h959.20−0.158%$526K$42K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h960.32−0.042%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h959.43−0.134%$933$3K10xas long as short
Aevo LITE-PERP+0.0104%1h959.21−0.157%10xas long as short
tradeXYZ xyz:LITE+0.0126%1h960.01−0.074%$7.2M$5.4M10xas long as short
edgeX LITEUSDC+0.0631%4h959.81−0.095%$70K$451K10xas long as short