Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.016%
Price spread now: Variational Omni against Ondo Perps+0.011%7-day average +0.059% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.194%+$19 · spread now +0.011%, 7d avg +0.059%
=Together, before fees+0.207%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board+$21 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 Variational Omni is 0.048% cheaper against Ondo Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.059%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps LITE-USD.P | 949.48 | 0.0050 | pay 0.0006% / 1h | 2m 29s | $32K | $364K | 10x |
| Short | Variational Omni LITE | 949.59 | 0 | get 0.0000% / 8h | 5h 02m | $261K | $119K | — |
Ondo Perps LITE-USD.P
Variational Omni LITEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +0.011% → +0.059%
- −$4.8
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$20.38
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 45 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 Variational Omni RFQ quote, 45 min ago | 4.30 bp | doesn't fit | 33.8 bp −$338 | 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 exchanges
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 | −0.0056% | 1h | 950.35 | +0.092% | $122K | $169K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0045% | 1h | 949.22 | −0.027% | $18K | $38K | 10x | as long as short |
| BloFin LITE-USDT | −0.0023% | 8h | 949.31 | −0.018% | $216K | $258K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 949.33 | −0.015% | $106K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 949.05 | −0.045% | $45K | $250K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 949.30 | −0.019% | $12.1M | $51.5M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 949.45 | −0.003% | $1.8M | $2.2M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 949.61 | +0.014% | $3.5M | $19.1M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 949.19 | −0.031% | $2.6M | $3.4M | 20x | as long as short |
| Variational Omni LITEshort | 0.0000% | 8h | 949.59 | +0.011% | $261K | $119K | — |
Coinbase International LITE-PERP-INTX
Deribit LITE_USDC-PERPETUAL
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDTShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 949.40 | −0.008% | $692 | $3.4M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 949.86 | +0.040% | $7K | $30K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 949.84 | +0.038% | $1.5M | $751K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 949.57 | +0.009% | $27K | $104K | 10x | as long as short |
| QFEX LITE-USD | +0.0040% | 1h | 948.92 | −0.059% | $1.1M | $3.8M | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 949.20 | −0.029% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 949.63 | +0.016% | $7.7M | $5.1M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.25 | −0.024% | $69K | $232K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 949.40 | −0.008% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.Plong | +0.0050% | 1h | 949.48 | long leg | $32K | $364K | 10x | |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 949.32 | −0.017% | $923 | $3K | 10x | as long as short |
| Gate LITE_USDT | +0.0100% | 8h | 949.51 | +0.003% | $8.0M | $6.7M | 50x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 948.98 | −0.053% | $519K | $258K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 949.63 | +0.016% | $16K | $268K | 50x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 949.20 | −0.030% | — | — | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0466% | 8h | 949.69 | +0.022% | $902 | $191K | 10x | as long as short |
| edgeX LITEUSDC | +0.0943% | 4h | 949.34 | −0.015% | $64K | $490K | 10x | as long as short |
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
QFEX LITE-USD
Vest LITE-USD-PERP
tradeXYZ xyz:LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
Orderly PERP_LITE_USDC_mythos
Gate LITE_USDT
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Aevo LITE-PERP
GRVT LITE_USDT_Perp
edgeX LITEUSDC