Funding you earn now, next payment 01:00 UTC−0.0394%/8h= −43.2% APRnext payment −$0.49 per $10,000 · paid last 24h −0.075%
Price spread now: Ondo Perps against Lighter−0.199%7-day average −0.123% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.337%−$34 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now −0.199%, 7d avg −0.123%
=Together, before fees−0.255%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Ondo Perps is 0.076% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.123%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter QQQ | 743.86 | 0.0032 | pay 0.0004% / 1h | 51m 10s | $7.6M | $18.1M | 30x |
| Short | Ondo Perps QQQ-USD.P | 742.38 | −0.0362 | pay 0.0045% / 1h | 51m 10s | $4.2M | $2.0M | 20x |
Lighter QQQ
Ondo Perps QQQ-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
- −$82.82
- Price spread: −0.199% → −0.123%
- −$7.55
- 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
- −$95.37
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 7 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, 7 min ago | 0.61 bp | 0.6 bp −$1 | 3.1 bp −$31 | 13.7 bp −$1,369 | 48.1 bp −$24.0K |
| 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.
QQQ on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.Pshort | −0.0362% | 1h | 742.38 | −0.199% | $4.2M | $2.0M | 20x | |
| GMX QQQ/USD [ETH-USDC] | L −0.0081% / S +0.0190% | 1h | 744.05 | +0.026% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0029% | 8h | 743.81 | −0.007% | $1.0M | $318K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.62 | −0.032% | $841K | $757K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.84 | −0.003% | $21.5M | $25.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.68 | −0.024% | $3.2M | $26.4M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.49 | +0.085% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.15 | −0.095% | $257K | $28K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.24 | +0.051% | $361K | $1.4M | 10x | as long as short |
| Bybit QQQUSDT | +0.0022% | 8h | 744.08 | +0.030% | $10.7M | $4.9M | 50x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Bybit QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQlong | +0.0032% | 1h | 743.86 | long leg | $7.6M | $18.1M | 30x | |
| Lighter RH QQQ | +0.0032% | 1h | 744.20 | +0.046% | $37.4M | $78.7M | 50x | as long as short |
| Variational Omni QQQ | +0.0039% | 8h | 743.94 | +0.011% | $17.1M | $10.8M | — | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.12 | −0.099% | $746K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.57 | +0.095% | — | $388K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.51 | −0.047% | $1.2M | $624K | 20x | as long as short |
| Binance QQQUSDT | +0.0068% | 8h | 744.05 | +0.025% | $71.0M | $155.1M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.64 | −0.030% | $3.4M | $413K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.50 | −0.048% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.73 | −0.017% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.35 | −0.069% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0112% | 1h | 743.63 | −0.031% | $1.5M | $1.2M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0127% | 1h | 743.84 | −0.003% | $425K | $147K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0165% | 8h | 744.03 | +0.023% | $327K | $1.8M | 10x | as long as short |
| Bitget QQQUSDT | +0.0172% | 8h | 744.05 | +0.026% | $16.9M | $6.6M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.03 | +0.023% | $5.5M | $9.1M | 25x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 743.65 | −0.028% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0496% | 4h | 743.85 | −0.001% | $761K | $336K | 20x | as long as short |
Lighter RH QQQ
Variational Omni QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
Bitget QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
edgeX QQQUSDC