SP500

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 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+0.011%7-day average +0.030% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.343%+$34 on $10k

Price spread, last 7 days+0.046%+$5 · spread now +0.011%, 7d avg +0.030%

Together, before fees+0.389%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board+$39 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.030%, 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 US500	7,767.2	0.0032	pay 0.0004% / 1h	45m 47s	$2.3M	$28.1M	50x
Short	Ondo Perps US500-USD.P	7,768.1	0.0050	get 0.0006% / 1h	45m 47s	$9.5M	$6.7M	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee Ondo PerpsbpOrdersPrice spread, now +0.011%Rate

Funding earned: $3.86
Price spread: +0.011% → +0.030%: −$1.92
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: −$3.06
Costs to cover: 0.050%
Break-even: 12.5 days

Slippage unknown: Lighter: live order book, 8 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, 8 min ago	0.06 bp	0.8 bp −$1	0.8 bp −$8	4.0 bp −$397	128.5 bp −$64.3K
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.

SP500 on 18 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
Injective US500/USDC PERP	−0.0220%	1h	7,666.6	−1.295%	$7K	$103	52x	as long as short
QFEX US500-USD	−0.0038%	1h	7,767.9	+0.009%	$11.8M	$3.1M	30x	as long as short
OKX US500-USDT-SWAP	0.0000%	8h	7,769.5	+0.030%	$153K	$252K	20x	as long as short
Bitget SP500USDT	0.0000%	8h	7,771.5	+0.055%	$7.2M	$790K	50x	as long as short
Variational Omni US500	0.0000%	8h	7,743.4	−0.307%	$17.2M	$9.2M	—	as long as short
Bullet US500-USD	0.0000%	1h	7,768.6	+0.018%	$12K	$106K	10x	as long as short
Lighter US500long	+0.0032%	1h	7,767.2	long leg	$2.3M	$28.1M	50x
Extended SPX500m-USD	+0.0032%	1h	7,770.4	+0.041%	$3.2M	$13.6M	25x	as long as short
Markets by Kinetiq mkts:US500	+0.0046%	1h	7,738.2	−0.373%	$1.6M	$7.3M	25x	as long as short
Vest SPX-USD-PERP	+0.0046%	1h	7,834	+0.860%	—	$3.5M	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex US500USDT	+0.0048%	1h	7,769.5	+0.030%	$545K	$440K	20x	as long as short
Paradex US500-USD-PERP	+0.0050%	8h	7,766.4	−0.010%	$43K	—	5x	as long as short
tradeXYZ xyz:SP500	+0.0050%	1h	7,769.1	+0.024%	$436.3M	$255.6M	50x	as long as short
Polymarket Perps SP500-USD	+0.0050%	1h	7,766.5	−0.009%	$9.0M	$2.3M	50x	as long as short
SoDEX US500-USD	+0.0050%	1h	7,768.7	+0.019%	$1.1M	$85K	20x	as long as short
Ondo Perps US500-USD.Pshort	+0.0050%	1h	7,768.1	+0.011%	$9.5M	$6.7M	25x
Aftermath Perps US500USD	+0.0051%	1h	7,763.1	−0.053%	$519	$22K	10x	as long as short
Pacifica SP500	+0.0100%	1h	7,768.9	+0.022%	$258K	$195K	20x	as long as short