Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Phemex+0.075%7-day average −0.093% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.075%, 7d avg −0.093%
=Together, before fees+0.062%+ Points / potential airdropOndo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.168% dearer against Phemex than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 960.00 | 0 | get 0.0000% / 8h | 4h 35m | $1.5M | $690K | 10x |
| Short | Ondo Perps LITE-USD.P | 960.72 | 0.0050 | get 0.0006% / 1h | 35m 56s | $48K | $292K | 10x |
Phemex LITEUSDT
Ondo Perps LITE-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Phemex. 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: +0.075% → −0.093%
- $16.83
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $10.42
- Costs to cover
- 0.170%
- Break-even
- 0.1 days
Slippage unknown: Phemex: live order book, 2 min ago; Ondo Perps: 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 Phemex live order book, 2 min ago | 4.22 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0152% | 1h | 957.73 | −0.236% | $101K | $203K | 10x | as long as short |
| BloFin LITE-USDT | −0.0002% | 8h | 959.31 | −0.072% | $224K | $236K | 20x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 959.49 | −0.053% | $1.1M | $4.1M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.17 | +0.018% | $108K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 959.37 | −0.066% | $9K | $211K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 959.59 | −0.043% | $12.6M | $46.6M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 959.60 | −0.042% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.26 | −0.077% | $3.8M | $17.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.06 | +0.006% | $8.1M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.70 | −0.031% | $2.6M | $2.9M | 20x | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 959.35 | −0.068% | $266K | $147K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 960.21 | +0.021% | $326 | $185K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 959.50 | −0.052% | $600 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 959.29 | −0.074% | $19K | $38K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 959.61 | −0.041% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 960.00 | long leg | $1.5M | $690K | 10x | |
| Lighter LITE | +0.0032% | 1h | 959.47 | −0.055% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.51 | −0.051% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 959.77 | −0.024% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 959.46 | −0.056% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.Pshort | +0.0050% | 1h | 960.72 | +0.075% | $48K | $292K | 10x | |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.28 | −0.075% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 960.32 | +0.033% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 959.43 | −0.059% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.21 | −0.082% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0126% | 1h | 960.01 | +0.001% | $7.2M | $5.4M | 10x | as long as short |
| edgeX LITEUSDC | +0.0631% | 4h | 959.81 | −0.020% | $70K | $451K | 10x | as long as short |
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
edgeX LITEUSDC