Funding you earn now, next payment 03:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter RH against Ondo Perps+0.024%7-day average +0.047% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now +0.024%, 7d avg +0.047%
=Together, before fees−0.019%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter RH is 0.023% cheaper against Ondo Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps AAPL-USD.P | 338.60 | 0.0050 | pay 0.0006% / 1h | 5m 09s | $1.3M | $2.5M | 20x |
| Short | Lighter RH AAPL | 338.68 | 0.0032 | get 0.0004% / 1h | 5m 09s | $949K | $3.6M | 20x |
Ondo Perps AAPL-USD.P
Lighter RH AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: +0.024% → +0.047%
- −$2.33
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$11.19
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: 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 RH live order book, 3 min ago | 0.89 bp | 1.2 bp −$1 | 2.6 bp −$26 | 40.6 bp −$4,059 | 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 | −0.0906% | 4h | 338.80 | +0.059% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0041% | 1h | 338.63 | +0.008% | $554K | $38K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0004% | 8h | 338.89 | +0.086% | $343K | $169K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.82 | +0.066% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.76 | +0.048% | $285K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.85 | +0.074% | $22.2M | $66.9M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.85 | +0.074% | $5.9M | $39.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.92 | +0.095% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.61 | +0.003% | $3.0M | $4.3M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.92 | +0.095% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 338.85 | +0.072% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.83 | +0.068% | $17K | $425K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.84 | +0.071% | $474 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.52 | −0.024% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.96 | +0.106% | $52K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.91 | +0.092% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0013% | 1h | 338.78 | +0.053% | $3.2M | $4.8M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0024% | 1h | 338.72 | +0.035% | $36K | — | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.65 | +0.014% | $778K | $2.5M | 20x | as long as short |
| Lighter RH AAPLshort | +0.0032% | 1h | 338.68 | +0.024% | $949K | $3.6M | 20x | |
| Arcus AAPL-USD | +0.0040% | 1h | 338.75 | +0.044% | $269K | $69K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.61 | +0.003% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 338.78 | +0.053% | $659K | $671K | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.56 | −0.012% | $261K | $370K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.74 | +0.041% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.Plong | +0.0050% | 1h | 338.60 | long leg | $1.3M | $2.5M | 20x | |
| tradeXYZ xyz:AAPL | +0.0073% | 1h | 338.76 | +0.047% | $40.7M | $75.8M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.72 | +0.035% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.64 | +0.012% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.71 | +0.032% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.72 | +0.035% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.65 | +0.015% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 338.83 | +0.068% | $5K | $11K | 20x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Hotstuff AAPL-PERP
Lighter AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Coinbase International AAPL-PERP-INTX
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL