ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%

Price spread now: Ondo Perps against Lighter RH−0.063%7-day average −0.050% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 7 days−0.261%−$26 · spread now −0.063%, 7d avg −0.050%

Together, before fees−0.254%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board−$25 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ETH	2,767.9	0.0096	pay 0.0012% / 1h	31m 51s	$25.4M	$122.3M	50x
Short	Ondo Perps ETH-USD.P	2,766.2	0.0100	get 0.0013% / 1h	31m 51s	$2.9M	$16.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Lighter RH. 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

Position, each leg$Hold fordaysFee Lighter RHbpFee Ondo PerpsbpOrdersPrice spread, now −0.063%Rate

Funding earned: $0.84
Price spread: −0.063% → −0.050%: −$1.29
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$5.45
Costs to cover: 0.050%
Break-even: 52.4 days

Slippage unknown: Lighter RH: 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 Lighter RH live order book, 2 min ago	0.67 bp	1.3 bp −$1	2.7 bp −$27	10.6 bp −$1,061	73.6 bp −$36.8K
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.

ETH on 55 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
Perpl ETH	−0.0112%	43m	2,766.9	−0.039%	$289K	$6.8M	8.3x	as long as short
Injective ETH/USDC PERP	−0.0107%	1h	2,766.1	−0.066%	$119K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,766.8	−0.041%	$5K	$2K	50x	as long as short
01 Exchange ETHUSD	−0.0056%	1h	2,766.7	−0.044%	$171K	$1.2M	50x	as long as short
ApeX Omni ETHUSDT	−0.0052%	1h	2,767.5	−0.014%	$8.8M	$32.5M	100x	as long as short
Phoenix ETH	−0.0023%	1h	2,767	−0.034%	$794K	$3.7M	25x	as long as short
RISEx ETH/USDC	−0.0011%	1h	2,766.5	−0.050%	$5.8M	$11.8M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,767.4	−0.020%	$12.7M	$45.5M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,767.2	−0.025%	$22.4M	—	200x	as long as short
BingX ETH-USDC	+0.0016%	8h	2,766	−0.070%	—	$17.3M	—	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ETH-USDT-SWAP	+0.0021%	8h	2,765.9	−0.075%	$1.71B	$11.84B	100x	as long as short
Phemex ETHUSDT	+0.0023%	8h	2,766.1	−0.068%	$266.3M	$66.0M	150x	as long as short
Aftermath Perps ETHUSD	+0.0026%	1h	2,767.6	−0.011%	$29K	$21K	20x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0028% / S +0.0009%	1h	2,767	−0.032%	$13.1M	—	200x	as long as short
Aster ETHUSDT	+0.0037%	8h	2,766	−0.070%	$255.7M	$995.0M	200x	as long as short
MEXC ETH_USDT	+0.0046%	8h	2,766.1	−0.065%	$1.62B	$2.66B	500x	as long as short
Binance ETHUSDT	+0.0046%	8h	2,766.1	−0.065%	$6.42B	$17.20B	150x	as long as short
Aevo ETH-PERP	+0.0048%	1h	2,764	−0.143%	$5.0M	$636K	20x	as long as short
Gate ETH_USDT	+0.0066%	8h	2,766.3	−0.060%	$3.28B	$9.62B	200x	as long as short
Deribit ETH-PERPETUAL	+0.0072%	1h	2,767.7	−0.010%	$258.4M	$224.6M	50x	as long as short
Bitget ETHUSDT	+0.0073%	8h	2,766.1	−0.066%	$2.09B	$3.13B	150x	as long as short
Bullet ETH-USD	+0.0078%	1h	2,766.1	−0.065%	$184K	$1.8M	20x	as long as short
Variational Omni ETH	+0.0092%	8h	2,764	−0.141%	$140.6M	$319.6M	—	as long as short
Lighter ETH	+0.0096%	1h	2,766.5	−0.053%	$115.2M	$511.7M	50x	as long as short
Lighter RH ETHlong	+0.0096%	1h	2,767.9	long leg	$25.4M	$122.3M	50x
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,767.3	−0.022%	—	$41.7M	500x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,766.2	−0.062%	$15.9M	$10.9M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,766.8	−0.041%	$479K	$2.7M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,766.4	−0.057%	$14.8M	$116.9M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,768.8	+0.031%	$3.19B	$2.38B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,767	−0.033%	$31.1M	$285.6M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,766.2	−0.063%	$2.50B	$4.64B	150x	as long as short
Ondo Perps ETH-USD.Pshort	+0.0100%	1h	2,766.2	−0.063%	$2.9M	$16.5M	25x
Arcus ETH-USD	+0.0100%	1h	2,768.6	+0.023%	$2.8M	$17.5M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,765.5	−0.087%	$164.9M	$254.7M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	2,766.1	−0.066%	$424.3M	$740.9M	100x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,766.6	−0.049%	$15.3M	$42.4M	50x	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,764.4	−0.127%	$177.7M	$792.2M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,765.8	−0.078%	$160.8M	$97.1M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,766.4	−0.055%	$21.4M	$57.7M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,767.2	−0.027%	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,767.8	−0.005%	$10.8M	$7.8M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,767.1	−0.029%	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,768.6	+0.025%	$42.6M	$29.2M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,765.7	−0.081%	$970K	$14.2M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,765.7	−0.081%	$55.1M	$228.6M	40x	as long as short
HTX ETH-USDT	+0.0100%	8h	2,766.2	−0.061%	$1.08B	$1.32B	200x	as long as short
Extended ETH-USD	+0.0104%	1h	2,765.8	−0.076%	$31.4M	$76.1M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,767.7	−0.007%	$60.0M	$4.62B	50x	as long as short
Kalshi KXETHPERP	+0.0118%	8h	2,767.3	−0.023%	$8.6M	$672.3M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0131%	8h	2,768.9	+0.035%	$32.5M	$11.9M	100x	as long as short
BloFin ETH-USDT	+0.0166%	8h	2,765.5	−0.090%	$285.6M	$194.7M	150x	as long as short
Reya ETHRUSDPERP	+0.0184%	1h	2,765.3	−0.096%	$7.5M	$992K	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0241%	1h	2,767.1	−0.031%	$87.5M	$330.0M	100x	as long as short
Hibachi ETH/USDT-P	+0.0416%	1h	2,768.5	+0.021%	$290K	$1.5M	20x	as long as short