Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.011%
Price spread now: Ondo Perps against Lighter−0.144%7-day average −0.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days−0.241%−$24 · spread now −0.144%, 7d avg −0.013%
=Together, before fees−0.224%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.131% cheaper against Lighter than usual: you would sell low and buy high (spread −0.144% now, against its 7-day average of −0.013%). If the spread goes back, that is −$13 on $10k: about 42 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter COIN | 195.86 | 0.0040 | pay 0.0005% / 1h | 52m 26s | $363K | $2.3M | 10x |
| Short | Ondo Perps COIN-USD.P | 195.58 | 0.0050 | get 0.0006% / 1h | 52m 26s | $448K | $2.8M | 10x |
Lighter COIN
Ondo Perps COIN-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
- $2.18
- Price spread: −0.144% → −0.013%
- −$13.11
- 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
- −$15.93
- Costs to cover
- 0.050%
- Break-even
- 58.1 days
Slippage unknown: Lighter: live order book, 4 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, 4 min ago | 0.05 bp | 0.6 bp −$1 | 2.7 bp −$27 | 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.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0500% | 8h | 196.10 | +0.122% | $6.4M | $10.6M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.80 | −0.032% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0068% | 1h | 195.43 | −0.221% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.85 | −0.004% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.89 | +0.014% | $106K | $861K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.97 | +0.055% | $15.0M | $82.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.82 | −0.021% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.91 | +0.025% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.89 | +0.014% | $1.2M | $7.3M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.83 | −0.017% | $713K | $975K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.76 | −0.053% | $11K | $2.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.86 | −0.001% | $461K | $1.5M | 10x | as long as short |
| Lighter COINlong | +0.0040% | 1h | 195.86 | long leg | $363K | $2.3M | 10x | |
| Arcus COIN-USD | +0.0040% | 1h | 196.05 | +0.096% | $17K | $58K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.79 | −0.037% | $15.1M | $13.1M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.82 | −0.021% | $130K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.80 | −0.032% | $97 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 195.58 | −0.144% | $448K | $2.8M | 10x | |
| QFEX COIN-USD | +0.0065% | 1h | 195.89 | +0.014% | $1.3M | $2.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.73 | −0.067% | $986K | $136K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.81 | −0.027% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.80 | −0.032% | $566 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.81 | −0.027% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 195.86 | −0.001% | $187K | $435K | 20x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.75 | −0.057% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0955% | 4h | 195.77 | −0.047% | $50K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
QFEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC