Funding you earn now, next payment 02:00 UTC−0.0668%/8h= −73.1% APRnext payment −$0.83 per $10,000 · paid last 24h −0.156%
Price spread now: ApeX Omni against Lighter+0.610%78s7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.323% of the position
Funding, last 7 days−0.197%−$20 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now +0.610%, 7d avg −0.056%
=Together, before fees−0.049%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.667% dearer against Lighter than usual: you sell high and buy low (spread +0.610% now, against its 7-day average of −0.056%): +$67 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 7 days (−0.197% in total) that is about 24 days. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.197% in total (about -10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ONDO | 0.4407 | 0.0768 | pay 0.0096% / 1h | 39m 51s | $1.4M | $2.1M | 10x |
| Short | ApeX Omni ONDOUSDT | 0.4434 | 0.0100 | get 0.0013% / 1h | 39m 51s | $164K | $356K | 50x |
Lighter ONDO
ApeX Omni ONDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$140.28
- Price spread: +0.610% → −0.056%
- $66.68
- Slippage, 4 orders
- −$22.25
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$105.85
- Costs to cover
- 0.323%
- Break-even
- from the start
Slippage from Lighter: live order book, 2 min ago; ApeX Omni: live order book, 28 min ago.
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, 2 min ago | 5.32 bp | 5.8 bp −$6 | 32.4 bp −$324 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 28 min ago | 3.27 bp | 10.0 bp −$10 | 27.0 bp −$270 | doesn't fit | doesn't fit |
ONDO on 39 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ONDOUSD | −0.0363% | 1h | 0.4399 | −0.173% | $2.6M | $8.1M | 50x | as long as short |
| dYdX ONDO-USD | 0.0000% | 1h | 0.4395 | −0.272% | $249K | $130K | 5x | as long as short |
| gTrade (Gains Network) ONDO/USD | L +0.0003% / S −0.0007% | 1h | 0.4388 | −0.433% | $7K | — | 150x | as long as short |
| Injective ONDO/USDC PERP | +0.0033% | 1h | 0.4568 | +3.651% | $888 | $216K | 5.5x | as long as short |
| Orderly PERP_ONDO_USDC | +0.0100% | 4h | 0.4392 | −0.343% | $24K | $6K | 10x | as long as short |
| Nado ONDO-PERP | +0.0100% | 1h | 0.4384 | −0.518% | $392K | $847K | 10x | as long as short |
| Aster ONDOUSDT | +0.0100% | 4h | 0.4396 | −0.256% | $684K | $2.2M | 20x | as long as short |
| Binance ONDOUSDT | +0.0100% | 4h | 0.4396 | −0.252% | $64.7M | $231.2M | 75x | as long as short |
| Bybit ONDOUSDT | +0.0100% | 4h | 0.4397 | −0.229% | $69.9M | $125.2M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | +0.0100% | 4h | 0.4399 | −0.184% | $17.0M | $75.8M | 50x | as long as short |
Kraken Futures PF_ONDOUSD
dYdX ONDO-USD
gTrade (Gains Network) ONDO/USD
Injective ONDO/USDC PERP
Orderly PERP_ONDO_USDC
Nado ONDO-PERP
Aster ONDOUSDT
Binance ONDOUSDT
Bybit ONDOUSDT
OKX ONDO-USDT-SWAPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ONDO-USD.P | +0.0100% | 1h | 0.4395 | −0.268% | $72K | $89K | 10x | as long as short |
| RISEx ONDO/USDC | +0.0100% | 1h | 0.4393 | −0.324% | — | — | 5x | as long as short |
| Gate ONDO_USDT | +0.0100% | 4h | 0.4393 | −0.320% | $11.6M | $16.2M | 50x | as long as short |
| MEXC ONDO_USDT | +0.0100% | 4h | 0.4395 | −0.275% | $43.4M | $42.6M | 200x | as long as short |
| KuCoin ONDOUSDTM | +0.0100% | 4h | 0.4394 | −0.297% | $13.1M | $11.2M | 50x | as long as short |
| Bitget ONDOUSDT | +0.0100% | 4h | 0.4398 | −0.206% | $25.0M | $40.4M | 50x | as long as short |
| BingX ONDO-USDT | +0.0100% | 4h | 0.4395 | −0.275% | — | $22.3M | — | as long as short |
| Backpack ONDO_USDC_PERP | +0.0100% | 1h | 0.4397 | −0.227% | $197K | $1.0M | 15x | as long as short |
| Variational Omni ONDO | +0.0100% | 4h | 0.4401 | −0.143% | $782K | $1.8M | — | as long as short |
| edgeX ONDOUSDC | +0.0100% | 4h | 0.4437 | +0.680% | $5K | $318K | 20x | as long as short |
| GRVT ONDO_USDT_Perp | +0.0100% | 4h | 0.4437 | +0.679% | $409K | $962K | 10x | as long as short |
| ApeX Omni ONDOUSDTshort | +0.0100% | 1h | 0.4434 | +0.610% | $164K | $356K | 50x | |
| Polymarket Perps ONDO-USD | +0.0100% | 1h | 0.4390 | −0.377% | $92K | $1.4M | 10x | as long as short |
| SunX ONDO-USDT | +0.0100% | 4h | 0.4401 | −0.138% | — | $1.4M | 20x | as long as short |
| SoDEX ONDO-USD | +0.0100% | 1h | 0.4397 | −0.229% | $457 | $14K | 10x | as long as short |
| HTX ONDO-USDT | +0.0100% | 4h | 0.4405 | −0.048% | $128K | $514K | 50x | as long as short |
| Paradex ONDO-USD-PERP | +0.0103% | 8h | 0.4395 | −0.279% | $6K | — | 10x | as long as short |
| Extended ONDO-USD | +0.0104% | 1h | 0.4395 | −0.275% | $396K | $816K | 25x | as long as short |
| Aevo ONDO-PERP | +0.0104% | 1h | 0.4398 | −0.216% | $38K | $13K | 3x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | +0.0205% | 1h | 0.4393 | −0.320% | $23K | $349K | 25x | as long as short |
| Hyperliquid ONDO | +0.0264% | 1h | 0.4399 | −0.175% | $38.8M | $25.7M | 10x | as long as short |
| Coinbase International ONDO-PERP-INTX | +0.0328% | 1h | 0.4382 | −0.570% | $281K | $785K | 50x | as long as short |
| 01 Exchange ONDOUSD | +0.0336% | 1h | 0.4399 | −0.182% | $362 | $2K | 10x | as long as short |
| Phoenix ONDO | +0.0338% | 1h | 0.4425 | +0.415% | $35K | $231K | 10x | as long as short |
| BloFin ONDO-USDT | +0.0340% | 4h | 0.4471 | +1.450% | $3.2M | $3.0M | 75x | as long as short |
| GMX ONDO/USD [ETH-USDC] | L +0.0550% / S −0.0190% | 1h | 0.4387 | −0.460% | $484K | — | 100x | as long as short |
| Lighter ONDOlong | +0.0768% | 1h | 0.4407 | long leg | $1.4M | $2.1M | 10x | |
| Phemex ONDOUSDT | +0.1021% | 4h | 0.4407 | −0.002% | $4.2M | $7.3M | 50x | as long as short |
| Reya ONDORUSDPERP | +0.1147% | 1h | 0.4389 | −0.416% | $2K | — | 20x | as long as short |
Ondo Perps ONDO-USD.P
RISEx ONDO/USDC
Gate ONDO_USDT
MEXC ONDO_USDT
KuCoin ONDOUSDTM
Bitget ONDOUSDT
BingX ONDO-USDT
Backpack ONDO_USDC_PERP
Variational Omni ONDO
edgeX ONDOUSDC
GRVT ONDO_USDT_Perp
Polymarket Perps ONDO-USD
SunX ONDO-USDT
SoDEX ONDO-USD
HTX ONDO-USDT
Paradex ONDO-USD-PERP
Extended ONDO-USD
Aevo ONDO-PERP
Deribit ONDO_USDC-PERPETUAL
Hyperliquid ONDO
Coinbase International ONDO-PERP-INTX
01 Exchange ONDOUSD
Phoenix ONDO
BloFin ONDO-USDT
GMX ONDO/USD [ETH-USDC]
Phemex ONDOUSDT
Reya ONDORUSDPERP