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

LITE

RWAall LITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.027%
Price spread now: Binance against Ondo Perps+0.039%7-day average +0.066% · you sell dearer than you buy
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+0.028%+$3 on $10k
Price spread, last 2 days (all we have)+0.036%+$4 · spread now +0.039%, 7d avg +0.066%
Together, before fees+0.064%+ Points / potential airdropOndo Perps: Active · farm board+$6 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 Binance is 0.027% cheaper against Ondo Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.066%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps LITE-USD.P956.140.0050pay 0.0006% / 1h31m 38s$204K$121K10x
ShortBinance LITEUSDT956.510get 0.0000% / 8h3h 31m$14.0M$44.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$10.58
Price spread: +0.039% → +0.066%
−$2.66
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$28.25
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 16 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 Binance live order book, 16 min ago1.20 bp10.4 bp −$1022.8 bp −$22871.2 bp −$7,122doesn'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
Aster LITEUSDT0.0000%8h955.72−0.044%$107K$17K20xas long as short
Extended LITE-USD0.0000%1h956.49+0.037%$9K$209K10xas long as short
Binance LITEUSDTshort0.0000%8h956.51+0.039%$14.0M$44.4M25x
Bybit LITEUSDT0.0000%8h956.32+0.019%$1.9M$1.8M25xas long as short
OKX LITE-USDT-SWAP0.0000%8h956.53+0.041%$3.8M$17.9M25xas long as short
Gate LITE_USDT0.0000%8h956.78+0.067%$7.9M$6.3M50xas long as short
Bitget LITEUSDT0.0000%8h956.13−0.001%$2.7M$3.0M20xas long as short
Variational Omni LITE0.0000%8h957.10+0.100%$235K$138Kas long as short
GRVT LITE_USDT_Perp0.0000%8h956.87+0.076%$392$258K10xas long as short
SunX LITE-USDT0.0000%8h957.00+0.090%$654$4.2M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX LITE-USDT0.0000%8h956.66+0.054%$7K$31K20xas long as short
Phemex LITEUSDT0.0000%8h956.76+0.065%$1.5M$669K10xas long as short
QFEX LITE-USD+0.0022%1h956.46+0.033%$1.1M$4.9M10xas long as short
BloFin LITE-USDT+0.0022%8h956.43+0.030%$226K$235K20xas long as short
Lighter LITE+0.0032%1h956.34+0.021%$27K$103K10xas long as short
Vest LITE-USD-PERP+0.0046%1h956.09−0.005%$3K10xas long as short
Polymarket Perps LITE-USD+0.0050%1h956.58+0.046%$31K$485K10xas long as short
Ondo Perps LITE-USD.Plong+0.0050%1h956.14long leg$204K$121K10x
Coinbase International LITE-PERP-INTX+0.0064%1h960.48+0.454%$119K$335K10xas long as short
SoDEX LITE-USD+0.0071%1h956.46+0.033%$23K$10K10xas long as short
KuCoin LITEUSDTM+0.0100%8h955.93−0.022%$515K$38K20xas long as short
ApeX Omni LITEUSDT+0.0100%1h955.81−0.035%$16K$266K50xas long as short
Orderly PERP_LITE_USDC_mythos+0.0100%8h956.58+0.046%$930$3K10xas long as short
Aevo LITE-PERP+0.0104%1h956.48+0.035%10xas long as short
Deribit LITE_USDC-PERPETUAL+0.0200%1h956.51+0.039%$18K$35K10xas long as short
tradeXYZ xyz:LITE+0.0267%1h957.12+0.102%$7.1M$5.0M10xas long as short
edgeX LITEUSDC+0.0432%4h957.05+0.095%$68K$459K10xas long as short