Funding you earn now, next payment 03:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.065%
Price spread now: Ondo Perps against Lighter−0.114%7-day average −0.124% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.331%−$33 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now −0.114%, 7d avg −0.124%
=Together, before fees−0.347%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.124%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter QQQ | 743.79 | 0.0032 | pay 0.0004% / 1h | 25m 09s | $7.7M | $17.1M | 30x |
| Short | Ondo Perps QQQ-USD.P | 742.94 | −0.0051 | pay 0.0006% / 1h | 25m 09s | $4.2M | $1.8M | 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
- −$17.47
- Price spread: −0.114% → −0.124%
- $0.98
- 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
- −$21.49
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 4 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, 4 min ago | 0.61 bp | 1.0 bp −$1 | 2.4 bp −$24 | 12.9 bp −$1,290 | 49.0 bp −$24.5K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0112% / S +0.0214% | 1h | 744.01 | +0.030% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Pshort | −0.0051% | 1h | 742.94 | −0.114% | $4.2M | $1.8M | 20x | |
| BloFin QQQ-USDT | −0.0003% | 8h | 744.02 | +0.031% | $1.1M | $303K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.01 | +0.029% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.09 | +0.040% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.93 | +0.019% | $21.7M | $26.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.04 | +0.034% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.68 | −0.015% | $3.3M | $21.1M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.35 | +0.075% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.45 | +0.089% | $2K | $2.0M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.65 | −0.019% | $425K | $149K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.28 | +0.066% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.41 | +0.083% | $362K | $1.5M | 10x | as long as short |
| Variational Omni QQQ | +0.0032% | 8h | 743.92 | +0.018% | $17.1M | $7.5M | — | as long as short |
| Lighter QQQlong | +0.0032% | 1h | 743.79 | long leg | $7.7M | $17.1M | 30x | |
| Lighter RH QQQ | +0.0032% | 1h | 744.21 | +0.056% | $37.3M | $79.5M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.51 | −0.038% | $1.2M | $534K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.11 | −0.091% | $694K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.97 | +0.159% | — | $337K | 50x | as long as short |
| Binance QQQUSDT | +0.0062% | 8h | 744.02 | +0.031% | $71.1M | $143.3M | 25x | as long as short |
| Nado QQQ-PERP | +0.0088% | 1h | 743.66 | −0.017% | $1.5M | $920K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.74 | −0.007% | $3.4M | $405K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.63 | −0.022% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.74 | −0.007% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.23 | −0.076% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0140% | 8h | 744.18 | +0.052% | $319K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 743.78 | −0.001% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0462% | 4h | 743.85 | +0.009% | $761K | $334K | 20x | as long as short |
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Binance QQQUSDT
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC