Funding you earn now, next payment 00:00 UTC−0.0181%/8h= −19.8% APRnext payment −$0.23 per $10,000 · paid last 24h −0.012%
Price spread now: Lighter against Ondo Perps−0.061%55s7-day average −0.045% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.305%−$31 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now −0.061%, 7d avg −0.045%
=Together, before fees−0.265%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps US100-USD.P | 30,562.7 | 0.0213 | pay 0.0027% / 1h | 15m 50s | $6.0M | $8.8M | 25x |
| Short | Lighter US100 | 30,544 | 0.0032 | get 0.0004% / 1h | 15m 50s | $3.8M | $93.8M | 30x |
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
- −$37.97
- Price spread: −0.061% → −0.045%
- −$1.63
- 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
- −$44.59
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 8 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, 8 min ago | 0.49 bp | 0.5 bp $0 | 0.7 bp −$7 | 5.0 bp −$501 | 215.0 bp −$107.5K |
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.
NAS100 on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NAS100_USDC | −0.0217% | 8h | 30,537.8 | −0.081% | $102K | $38K | 20x | as long as short |
| MEXC NAS100_USDT | −0.0113% | 8h | 30,550 | −0.041% | $22.9M | $19.6M | 200x | as long as short |
| Gate NAS100_USDT | −0.0062% | 8h | 30,498.2 | −0.211% | $1.8M | $3.6M | 100x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,509 | −0.176% | $260K | $357K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,533 | −0.097% | $3.5M | $669K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,549.6 | −0.043% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,464.6 | −0.321% | $1.4M | $177K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,549 | −0.045% | $1.4M | $1.0M | 30x | as long as short |
| Lighter US100short | +0.0032% | 1h | 30,544 | −0.061% | $3.8M | $93.8M | 30x | |
| Extended TECH100m-USD | +0.0032% | 1h | 30,550.2 | −0.041% | $2.1M | $5.5M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,835.5 | +0.893% | — | $194.1M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,544.9 | −0.058% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,551 | −0.038% | $7.2M | $1.8M | 50x | as long as short |
| Ondo Perps US100-USD.Plong | +0.0213% | 1h | 30,562.7 | long leg | $6.0M | $8.8M | 25x | |
| Kraken Futures PF_US100USD | +0.1978% | 1h | 30,612.5 | +0.163% | $124K | $122K | 20x | as long as short |
Lighter US100
MEXC NAS100_USDT
Gate NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD