Funding you earn now, next payment 01:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter against Ondo Perps+0.059%7-day average +0.023% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 7 days−0.003%$0 · spread now +0.059%, 7d avg +0.023%
=Together, before fees−0.044%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.037% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of +0.023%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps AAPL-USD.P | 338.58 | 0.0050 | pay 0.0006% / 1h | 33m 30s | $1.4M | $2.5M | 20x |
| Short | Lighter AAPL | 338.78 | 0.0032 | get 0.0004% / 1h | 33m 30s | $770K | $2.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$3.86
- Price spread: +0.059% → +0.023%
- $3.65
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$5.21
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 3 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 Lighter live order book, 3 min ago | 0.44 bp | 0.6 bp −$1 | 1.3 bp −$13 | 48.5 bp −$4,854 | 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.
AAPL on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0386% | 4h | 338.84 | +0.078% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0023% | 1h | 338.74 | +0.049% | $556K | $36K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.96 | +0.113% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.90 | +0.095% | $6.0M | $39.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.89 | +0.092% | $6.4M | $6.5M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.69 | +0.032% | $3.0M | $4.2M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.93 | +0.103% | $13K | $479K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.88 | +0.089% | $817 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.71 | +0.038% | $28K | $66K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.98 | +0.118% | $53K | $225K | 30x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAPLUSDT | 0.0000% | 4h | 338.95 | +0.109% | $2.1M | $6K | 10x | as long as short |
| Lighter AAPLshort | +0.0032% | 1h | 338.78 | +0.059% | $770K | $2.3M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 338.82 | +0.071% | $957K | $3.6M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.62 | +0.012% | — | $52K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.79 | +0.062% | $40.8M | $75.9M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.65 | +0.021% | $263K | $396K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.78 | +0.059% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.Plong | +0.0050% | 1h | 338.58 | long leg | $1.4M | $2.5M | 20x | |
| Bitget AAPLUSDT | +0.0054% | 8h | 338.90 | +0.095% | $6.2M | $3.4M | 100x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.89 | +0.092% | $3.2M | $5.1M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0064% | 1h | 338.79 | +0.062% | $36K | — | 20x | as long as short |
| Variational Omni AAPL | +0.0090% | 8h | 338.94 | +0.105% | $2.4M | $1.4M | — | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.59 | +0.003% | $1.4M | $26K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.66 | +0.024% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.81 | +0.068% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.80 | +0.065% | $11K | — | 10x | as long as short |
| Extended AAPL_24_5-USD | +0.0112% | 1h | 338.84 | +0.077% | $287K | $2.4M | 10x | as long as short |
| Binance AAPLUSDT | +0.0113% | 8h | 338.91 | +0.097% | $22.2M | $66.7M | 25x | as long as short |
| BloFin AAPL-USDT | +0.0128% | 8h | 338.88 | +0.089% | $347K | $169K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 338.77 | +0.056% | $659K | $663K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.65 | +0.021% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 338.93 | +0.103% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.81 | +0.068% | $269K | $70K | 20x | as long as short |
Lighter AAPL
edgeX AAPLUSDC
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter RH AAPL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Bitget AAPLUSDT
Variational Omni AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL