Funding you earn now, next payment 22:00 UTC−0.0436%/8h= −47.7% APRnext payment −$0.54 per $10,000 · paid last 24h −0.152%
Price spread now: Ondo Perps against Lighter+0.148%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Ondo Perps is 0.148% dearer against Lighter than usual: you sell high and buy low (spread +0.148% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.163% in total) that is about 6.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.163% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ONDO | 0.4528 | 0.0536 | pay 0.0067% / 1h | 23m 21s | $1.4M | $2.2M | 10x |
| Short | Ondo Perps ONDO-USD.P | 0.4534 | 0.0100 | get 0.0013% / 1h | 23m 21s | $72K | $85K | 10x |
Lighter ONDO
Ondo Perps ONDO-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Lighter. 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
- −$91.56
- Price spread: +0.148% → 0.000%
- $14.8
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$81.76
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 3 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 live order book, 3 min ago | 2.53 bp | 14.9 bp −$15 | 30.4 bp −$304 | 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.
ONDO on 39 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ONDOUSD | −0.1126% | 1h | 0.4518 | −0.212% | $2.9M | $7.8M | 50x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4521 | −0.148% | $19K | $364K | 25x | as long as short |
| gTrade (Gains Network) ONDO/USD | L +0.0003% / S −0.0008% | 1h | 0.4520 | −0.160% | $6K | — | 150x | as long as short |
| Phoenix ONDO | +0.0018% | 1h | 0.4529 | +0.031% | $30K | $222K | 10x | as long as short |
| Injective ONDO/USDC PERP | +0.0033% | 1h | 0.4522 | −0.126% | $1K | $132K | 5.5x | as long as short |
| Orderly PERP_ONDO_USDC | +0.0099% | 4h | 0.4520 | −0.170% | $25K | $8K | 10x | as long as short |
| Nado ONDO-PERP | +0.0100% | 1h | 0.4520 | −0.181% | $425K | $678K | 10x | as long as short |
| Aster ONDOUSDT | +0.0100% | 4h | 0.4523 | −0.109% | $765K | $2.0M | 20x | as long as short |
| Binance ONDOUSDT | +0.0100% | 4h | 0.4520 | −0.170% | $66.7M | $220.4M | 75x | as long as short |
| Bybit ONDOUSDT | +0.0100% | 4h | 0.4520 | −0.170% | $73.3M | $118.0M | 50x | as long as short |
Kraken Futures PF_ONDOUSD
Deribit ONDO_USDC-PERPETUAL
gTrade (Gains Network) ONDO/USD
Phoenix ONDO
Injective ONDO/USDC PERP
Orderly PERP_ONDO_USDC
Nado ONDO-PERP
Aster ONDOUSDT
Binance ONDOUSDT
Bybit ONDOUSDTShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ONDO-USDT-SWAP | +0.0100% | 4h | 0.4521 | −0.148% | $17.7M | $80.0M | 50x | as long as short |
| Ondo Perps ONDO-USD.Pshort | +0.0100% | 1h | 0.4534 | +0.148% | $72K | $85K | 10x | |
| RISEx ONDO/USDC | +0.0100% | 1h | 0.4518 | −0.219% | — | — | 5x | as long as short |
| Gate ONDO_USDT | +0.0100% | 4h | 0.4519 | −0.192% | $11.8M | $18.7M | 50x | as long as short |
| MEXC ONDO_USDT | +0.0100% | 4h | 0.4519 | −0.192% | $47.6M | $45.5M | 200x | as long as short |
| KuCoin ONDOUSDTM | +0.0100% | 4h | 0.4520 | −0.170% | $13.5M | $10.7M | 50x | as long as short |
| Bitget ONDOUSDT | +0.0100% | 4h | 0.4522 | −0.126% | $25.6M | $41.2M | 50x | as long as short |
| BingX ONDO-USDT | +0.0100% | 4h | 0.4524 | −0.082% | — | $22.6M | — | as long as short |
| Backpack ONDO_USDC_PERP | +0.0100% | 1h | 0.4523 | −0.097% | $193K | $971K | 15x | as long as short |
| Variational Omni ONDO | +0.0100% | 4h | 0.4536 | +0.191% | $785K | $2.0M | — | as long as short |
| edgeX ONDOUSDC | +0.0100% | 4h | 0.4528 | +0.008% | $5K | $317K | 20x | as long as short |
| GRVT ONDO_USDT_Perp | +0.0100% | 4h | 0.4529 | +0.028% | $428K | $948K | 10x | as long as short |
| ApeX Omni ONDOUSDT | +0.0100% | 1h | 0.4532 | +0.095% | $160K | $331K | 50x | as long as short |
| Polymarket Perps ONDO-USD | +0.0100% | 1h | 0.4521 | −0.137% | $104K | $1.0M | 10x | as long as short |
| SunX ONDO-USDT | +0.0100% | 4h | 0.4525 | −0.060% | — | $1.4M | 20x | as long as short |
| SoDEX ONDO-USD | +0.0100% | 1h | 0.4520 | −0.170% | $470 | $14K | 10x | as long as short |
| HTX ONDO-USDT | +0.0100% | 4h | 0.4528 | +0.007% | $128K | $515K | 50x | as long as short |
| Phemex ONDOUSDT | +0.0100% | 4h | 0.4521 | −0.148% | $4.8M | $6.3M | 50x | as long as short |
| Paradex ONDO-USD-PERP | +0.0100% | 8h | 0.4517 | −0.226% | $6K | $9 | 10x | as long as short |
| Extended ONDO-USD | +0.0104% | 1h | 0.4520 | −0.172% | $403K | $980K | 25x | as long as short |
| Aevo ONDO-PERP | +0.0104% | 1h | 0.4522 | −0.126% | $36K | — | 3x | as long as short |
| Hyperliquid ONDO | +0.0248% | 1h | 0.4524 | −0.082% | $40.4M | $27.8M | 10x | as long as short |
| Coinbase International ONDO-PERP-INTX | +0.0328% | 1h | 0.4523 | −0.104% | $304K | $839K | 50x | as long as short |
| BloFin ONDO-USDT | +0.0340% | 4h | 0.4521 | −0.148% | $3.2M | $3.0M | 75x | as long as short |
| 01 Exchange ONDOUSD | +0.0408% | 1h | 0.4521 | −0.155% | $372 | $2K | 10x | as long as short |
| Lighter ONDOlong | +0.0536% | 1h | 0.4528 | long leg | $1.4M | $2.2M | 10x | |
| GMX ONDO/USD [ETH-USDC] | L +0.0616% / S −0.0203% | 1h | 0.4520 | −0.174% | $562K | — | 100x | as long as short |
| Reya ONDORUSDPERP | +0.1139% | 1h | 0.4520 | −0.170% | $2K | — | 20x | as long as short |
| dYdX ONDO-USD | +0.9831% | 1h | 0.4521 | −0.153% | $256K | $123K | 5x | as long as short |
OKX ONDO-USDT-SWAP
RISEx ONDO/USDC
Gate ONDO_USDT
MEXC ONDO_USDT
KuCoin ONDOUSDTM
Bitget ONDOUSDT
BingX ONDO-USDT
Backpack ONDO_USDC_PERP
Variational Omni ONDO
edgeX ONDOUSDC
GRVT ONDO_USDT_Perp
ApeX Omni ONDOUSDT
Polymarket Perps ONDO-USD
SunX ONDO-USDT
SoDEX ONDO-USD
HTX ONDO-USDT
Phemex ONDOUSDT
Paradex ONDO-USD-PERP
Extended ONDO-USD
Aevo ONDO-PERP
Hyperliquid ONDO
Coinbase International ONDO-PERP-INTX
BloFin ONDO-USDT
01 Exchange ONDOUSD
GMX ONDO/USD [ETH-USDC]
Reya ONDORUSDPERP
dYdX ONDO-USD