Funding you earn now, next payment 08:00 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−0.021%7-day average −0.047% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now −0.021%, 7d avg −0.047%
=Together, before fees−0.020%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.026% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH AAPL | 339.76 | 0.0032 | pay 0.0004% / 1h | 33m 30s | $950K | $3.5M | 20x |
| Short | Ondo Perps AAPL-USD.P | 339.69 | 0.0050 | get 0.0006% / 1h | 33m 30s | $1.3M | $2.4M | 20x |
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: −0.021% → −0.047%
- $2.61
- 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
- $1.48
- Costs to cover
- 0.050%
- Break-even
- 4.3 days
Slippage unknown: Lighter RH: live order book, 5 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, 5 min ago | 1.33 bp | 1.9 bp −$2 | 4.8 bp −$48 | 42.0 bp −$4,203 | 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.
AAPL on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0920% | 4h | 339.68 | −0.023% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0157% | 1h | 339.80 | +0.013% | $556K | $37K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0072% | 1h | 339.83 | +0.021% | $36K | — | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.76 | −0.001% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.82 | +0.017% | $289K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.91 | +0.044% | $22.1M | $67.5M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.90 | +0.041% | $7.4M | $138.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.89 | +0.038% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.69 | −0.021% | $3.0M | $5.4M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.89 | +0.038% | $6.2M | $3.6M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 339.74 | −0.007% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.85 | +0.026% | $13K | $357K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.91 | +0.044% | $690 | $4.5M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.68 | −0.024% | $28K | $69K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.82 | +0.018% | $62K | $244K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.89 | +0.038% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0025% | 8h | 339.79 | +0.009% | $342K | $167K | 20x | as long as short |
| QFEX AAPL-USD | +0.0027% | 1h | 339.81 | +0.015% | $3.2M | $4.2M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.78 | +0.006% | $942K | $2.7M | 20x | as long as short |
| Lighter RH AAPLlong | +0.0032% | 1h | 339.76 | long leg | $950K | $3.5M | 20x | |
| Arcus AAPL-USD | +0.0040% | 1h | 339.69 | −0.021% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.75 | −0.003% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.83 | +0.021% | $40.6M | $76.2M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.74 | −0.006% | $279K | $424K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.82 | +0.018% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.Pshort | +0.0050% | 1h | 339.69 | −0.021% | $1.3M | $2.4M | 20x | |
| Coinbase International AAPL-PERP-INTX | +0.0064% | 1h | 339.55 | −0.062% | $660K | $661K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.58 | −0.053% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.77 | +0.003% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.77 | +0.003% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.73 | −0.008% | $11K | $102 | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.61 | −0.044% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 339.87 | +0.032% | $5K | $12K | 20x | as long as short |
Lighter RH AAPL
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Lighter AAPL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Injective AAPL/USDC PERP
Phoenix AAPL