Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.016%
Price spread now: Variational Omni against Ondo Perps−0.056%7-day average +0.060% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.263%+$26 · spread now −0.056%, 7d avg +0.060%
=Together, before fees+0.278%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board+$28 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 0.116% cheaper against Ondo Perps than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps LITE-USD.P | 944.80 | 0.0050 | pay 0.0006% / 1h | 27m 12s | $32K | $347K | 10x |
| Short | Variational Omni LITE | 944.27 | 0 | get 0.0000% / 8h | 1h 27m | $259K | $154K | — |
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: −0.056% → +0.060%
- −$11.56
- 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
- −$27.15
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 17 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, 17 min ago | 4.99 bp | doesn't fit | 53.9 bp −$539 | 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 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 | −0.0647% | 8h | 944.79 | −0.001% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | +0.196% | $92K | $212K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0057% | 1h | 944.53 | −0.029% | $18K | $40K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 945.21 | +0.044% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 944.64 | −0.017% | $14K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 944.97 | +0.018% | $12.1M | $49.2M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 945.05 | +0.026% | $1.7M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 944.76 | −0.004% | $3.5M | $18.3M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 945.34 | +0.057% | $7.9M | $6.5M | 50x | as long as short |
| Variational Omni LITEshort | 0.0000% | 8h | 944.27 | −0.056% | $259K | $154K | — |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
Deribit LITE_USDC-PERPETUAL
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 944.14 | −0.070% | $1K | $195K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 944.90 | +0.011% | $814 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 945.37 | +0.060% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 945.11 | +0.033% | $1.5M | $725K | 10x | as long as short |
| QFEX LITE-USD | +0.0012% | 1h | 944.53 | −0.029% | $1.1M | $3.5M | 10x | as long as short |
| BloFin LITE-USDT | +0.0019% | 8h | 944.48 | −0.034% | $215K | $238K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 944.78 | −0.002% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 943.95 | −0.090% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 944.90 | +0.011% | $73K | $229K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 944.59 | −0.022% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.Plong | +0.0050% | 1h | 944.80 | long leg | $32K | $347K | 10x | |
| tradeXYZ xyz:LITE | +0.0092% | 1h | 944.62 | −0.019% | $7.5M | $5.8M | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 944.36 | −0.047% | $518K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 945.46 | +0.070% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 944.78 | −0.002% | $918 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 944.74 | −0.007% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0286% | 4h | 945.07 | +0.029% | $61K | $472K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
tradeXYZ xyz:LITE
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC