Funding you earn now, next payment 03:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.252%
Price spread now: Ondo Perps against Lighter−1.143%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 1.143% cheaper against Lighter than usual: you would sell low and buy high (spread −1.143% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$114 on $10k: about 7 months of funding at the current rate (+$1 a day). 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 | Lighter MINIMAX | 38.945 | 0.0032 | pay 0.0004% / 1h | 24m 48s | $44K | $25K | 10x |
| Short | Ondo Perps MINIMAX-USD.P | 38.500 | 0.0050 | get 0.0006% / 1h | 24m 48s | $29K | $38K | 5x |
Lighter MINIMAX
Ondo Perps MINIMAX-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
- $3.86
- Price spread: −1.143% → 0.000%
- −$114.26
- 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
- −$115.4
- Costs to cover
- 0.050%
- Break-even
- 216.1 days
Slippage unknown: Lighter: no order-book sample; 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 no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Lighter and 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.
MINIMAX on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MINIMAX_USDT | 0.0000% | 8h | 38.920 | −0.064% | $1.4M | $4.0M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 38.910 | −0.090% | $16 | $2.6M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 38.928 | −0.044% | $44K | $218K | 20x | as long as short |
| Lighter MINIMAXlong | +0.0032% | 1h | 38.945 | long leg | $44K | $25K | 10x | |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 38.846 | −0.254% | $97K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.Pshort | +0.0050% | 1h | 38.500 | −1.143% | $29K | $38K | 5x | |
| tradeXYZ xyz:MINIMAX | +0.0241% | 1h | 39.017 | +0.185% | $4.5M | $2.9M | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0304% | 1h | 38.861 | −0.215% | — | — | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0343% | 8h | 38.920 | −0.064% | $34K | $150K | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0394% | 4h | 38.790 | −0.398% | $98K | $36K | 20x | as long as short |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
tradeXYZ xyz:MINIMAX
Aevo MINIMAX-PERP
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINIMAXUSDT | +0.0596% | 8h | 39.150 | +0.526% | $951K | $1.1M | 25x | as long as short |
| Extended MINIMAX-USD | +0.0944% | 1h | 38.880 | −0.167% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0954% | 4h | 39.060 | +0.295% | $6.5M | $30.7M | 25x | as long as short |
| Bitget MINIMAXUSDT | +0.1050% | 8h | 38.964 | +0.049% | $1.3M | $2.5M | 20x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.1110% | 4h | 38.767 | −0.457% | $482 | $124K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1253% | 8h | 39.210 | +0.680% | $2.4M | $8.5M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.1585% | 4h | 38.791 | −0.395% | $29K | $183K | 10x | as long as short |
Bybit MINIMAXUSDT
Extended MINIMAX-USD
Binance MINIMAXUSDT
Bitget MINIMAXUSDT
GRVT MINIMAX_USDT_Perp
OKX MINIMAX-USDT-SWAP
edgeX MINIMAXUSDC