Funding arb · Price arb /

LITE

RWAall LITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: HTX against Ondo Perps+0.186%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. HTX is 0.186% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.186% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps LITE-USD.P	945.71	0.0050	pay 0.0006% / 1h	10m 24s	$32K	$341K	10x
Short	HTX LITE-USDT	947.47	0	get 0.0000% / 8h	2h 10m	$7K	$31K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee HTXbpOrdersPrice spread, now +0.186%Rate

Funding earned: −$10.58
Price spread: +0.186% → 0.000%: $18.61
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$8.97
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; HTX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Ondo Perps no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Ondo Perps and HTX: 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 LITEUSDT	−0.0760%	8h	946.56	+0.090%	$2.6M	$3.1M	20x	as long as short
Coinbase International LITE-PERP-INTX	−0.0072%	1h	941.39	−0.457%	$95K	$208K	10x	as long as short
QFEX LITE-USD	0.0000%	1h	946.15	+0.047%	$1.1M	$3.5M	10x	as long as short
Aster LITEUSDT	0.0000%	8h	947.03	+0.139%	$106K	$17K	20x	as long as short
Extended LITE-USD	0.0000%	1h	946.38	+0.070%	$14K	$215K	10x	as long as short
Binance LITEUSDT	0.0000%	8h	946.91	+0.127%	$12.1M	$48.9M	25x	as long as short
Bybit LITEUSDT	0.0000%	8h	946.62	+0.096%	$1.8M	$1.8M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	947.81	+0.222%	$3.6M	$18.1M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	947.88	+0.229%	$7.9M	$6.5M	50x	as long as short
Variational Omni LITE	0.0000%	8h	946.50	+0.083%	$260K	$154K	—	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LITE_USDT_Perp	0.0000%	8h	943.26	−0.259%	$679	$194K	10x	as long as short
SunX LITE-USDT	0.0000%	8h	947.10	+0.147%	$470	$3.8M	10x	as long as short
HTX LITE-USDTshort	0.0000%	8h	947.47	+0.186%	$7K	$31K	20x
Phemex LITEUSDT	0.0000%	8h	947.55	+0.195%	$1.5M	$713K	10x	as long as short
BloFin LITE-USDT	+0.0030%	8h	947.10	+0.147%	$218K	$237K	20x	as long as short
Lighter LITE	+0.0032%	1h	946.39	+0.072%	$25K	$104K	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	945.55	−0.017%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	947.01	+0.137%	$73K	$228K	10x	as long as short
Ondo Perps LITE-USD.Plong	+0.0050%	1h	945.71	long leg	$32K	$341K	10x
KuCoin LITEUSDTM	+0.0100%	8h	946.00	+0.031%	$519K	$43K	20x	as long as short
ApeX Omni LITEUSDT	+0.0100%	1h	945.30	−0.043%	$16K	$266K	50x	as long as short
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	947.02	+0.139%	$921	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	946.49	+0.082%	—	—	10x	as long as short
SoDEX LITE-USD	+0.0118%	1h	946.17	+0.049%	$23K	$9K	10x	as long as short
tradeXYZ xyz:LITE	+0.0167%	1h	947.02	+0.139%	$7.5M	$5.8M	10x	as long as short
Deribit LITE_USDC-PERPETUAL	+0.0257%	1h	946.81	+0.116%	$18K	$40K	10x	as long as short
edgeX LITEUSDC	+0.0711%	4h	944.94	−0.081%	$61K	$468K	10x	as long as short