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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h +0.016%
Price spread now: Lighter against Ondo Perps−0.118%7-day average +0.057% · 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+0.345%+$35 on $10k
Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.118%, 7d avg +0.057%
Together, before fees+0.482%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board+$48 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.175% cheaper against Ondo Perps than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.057%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.345%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps LITE-USD.P950.210.0050pay 0.0006% / 1h34m 30s$32K$353K10x
ShortLighter LITE949.090.0032get 0.0004% / 1h34m 30s$25K$104K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$3.86
Price spread: −0.118% → +0.057%
−$17.52
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$26.39
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 50 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 Lighter live order book, 50 min ago3.17 bp4.2 bp −$49.1 bp −$91doesn'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
Bitget LITEUSDT−0.0123%8h949.09−0.118%$2.6M$3.1M20xas long as short
Coinbase International LITE-PERP-INTX−0.0120%1h947.41−0.295%$94K$214K10xas long as short
Aster LITEUSDT0.0000%8h949.55−0.070%$106K$17K20xas long as short
Extended LITE-USD0.0000%1h949.01−0.126%$49K$252K10xas long as short
Binance LITEUSDT0.0000%8h949.31−0.095%$12.1M$49.4M25xas long as short
Bybit LITEUSDT0.0000%8h949.37−0.088%$1.8M$2.0M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h949.31−0.095%$3.6M$18.6M25xas long as short
Gate LITE_USDT0.0000%8h949.71−0.053%$8.0M$6.5M50xas long as short
Variational Omni LITE0.0000%8h949.77−0.046%$261K$140Kas long as short
GRVT LITE_USDT_Perp0.0000%8h950.15−0.006%$969$194K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX LITE-USDT0.0000%8h949.40−0.085%$760$3.7M10xas long as short
Deribit LITE_USDC-PERPETUAL0.0000%1h949.08−0.119%$18K$41K10xas long as short
HTX LITE-USDT0.0000%8h949.76−0.047%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h950.17−0.004%$1.5M$737K10xas long as short
QFEX LITE-USD+0.0002%1h948.57−0.173%$1.1M$3.7M10xas long as short
BloFin LITE-USDT+0.0019%8h949.35−0.091%$216K$242K20xas long as short
Lighter LITEshort+0.0032%1h949.09−0.118%$25K$104K10x
Vest LITE-USD-PERP+0.0046%1h948.74−0.155%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h949.50−0.075%$74K$229K10xas long as short
SoDEX LITE-USD+0.0050%1h949.60−0.064%$23K$9K10xas long as short
Ondo Perps LITE-USD.Plong+0.0050%1h950.21long leg$32K$353K10x
KuCoin LITEUSDTM+0.0100%8h949.23−0.103%$521K$43K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h950.05−0.017%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h949.39−0.086%$923$3K10xas long as short
Aevo LITE-PERP+0.0104%1h949.15−0.112%10xas long as short
tradeXYZ xyz:LITE+0.0238%1h949.64−0.060%$7.7M$6.0M10xas long as short
edgeX LITEUSDC+0.0991%4h949.90−0.033%$64K$473K10xas long as short