Funding you earn now, next payment 06:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Ondo Perps against Lighter RH−0.020%7-day average −0.032% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 7 days−0.042%−$4 · spread now −0.020%, 7d avg −0.032%
=Together, before fees+0.005%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH COIN | 196.33 | 0.0032 | pay 0.0004% / 1h | 4m 58s | $458K | $1.5M | 10x |
| Short | Ondo Perps COIN-USD.P | 196.29 | 0.0050 | get 0.0006% / 1h | 4m 58s | $451K | $2.9M | 10x |
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 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: −0.020% → −0.032%
- $1.13
- 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
- $0
- Costs to cover
- 0.050%
- Break-even
- 7.0 days
Slippage unknown: Lighter RH: 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 RH live order book, 3 min ago | 2.54 bp | 3.1 bp −$3 | 6.9 bp −$69 | 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 | −0.0738% | 8h | 196.60 | +0.138% | $6.4M | $10.7M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.49 | +0.081% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0108% | 1h | 196.00 | −0.168% | — | $289K | 25x | as long as short |
| Gate COIN_USDT | −0.0077% | 8h | 196.51 | +0.092% | $1.2M | $7.4M | 50x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.30 | −0.017% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.37 | +0.022% | $112K | $849K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.41 | +0.041% | $15.1M | $82.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.41 | +0.041% | $4.7M | $6.3M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.53 | +0.102% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.58 | +0.128% | $712K | $962K | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.59 | +0.133% | $13K | $2.6M | 10x | as long as short |
| Lighter RH COINlong | +0.0032% | 1h | 196.33 | long leg | $458K | $1.5M | 10x | |
| QFEX COIN-USD | +0.0038% | 1h | 196.50 | +0.087% | $1.3M | $3.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.53 | +0.102% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.30 | −0.015% | $15.3M | $13.9M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.43 | +0.051% | $128K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.37 | +0.020% | $95 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 196.29 | −0.020% | $451K | $2.9M | 10x | |
| Phoenix COIN | +0.0082% | 1h | 196.47 | +0.071% | $4K | $283K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.12 | −0.107% | $988K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.39 | +0.031% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.39 | +0.031% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.39 | +0.031% | $116 | — | 10x | as long as short |
| Lighter COIN | +0.0120% | 1h | 196.35 | +0.011% | $380K | $2.3M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.50 | +0.087% | $185K | $422K | 20x | as long as short |
| edgeX COINUSDC | +0.0902% | 4h | 196.55 | +0.110% | $51K | $295K | 10x | as long as short |
Lighter RH COIN
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Lighter COIN
BloFin COIN-USDT
edgeX COINUSDC