Funding you earn now, next payment 02:00 UTC−0.0325%/8h= −35.6% APRnext payment −$0.41 per $10,000 · paid last 24h −0.059%
Price spread now: Ondo Perps against Lighter RH−0.243%7-day average −0.196% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.367%−$37 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now −0.243%, 7d avg −0.196%
=Together, before fees−0.405%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Ondo Perps is 0.047% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.196%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH QQQ | 744.91 | 0.0032 | pay 0.0004% / 1h | 59m 36s | $37.4M | $78.5M | 50x |
| Short | Ondo Perps QQQ-USD.P | 743.10 | −0.0293 | pay 0.0037% / 1h | 59m 36s | $4.2M | $2.0M | 20x |
Lighter RH QQQ
Ondo Perps QQQ-USD.PFunding 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
- −$68.21
- Price spread: −0.243% → −0.196%
- −$4.68
- 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
- −$77.88
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: 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 RH live order book, 4 min ago | 0.13 bp | 0.3 bp $0 | 0.6 bp −$6 | 6.8 bp −$685 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.Pshort | −0.0293% | 1h | 743.10 | −0.243% | $4.2M | $2.0M | 20x | |
| GMX QQQ/USD [ETH-USDC] | L −0.0092% / S +0.0198% | 1h | 744.76 | −0.019% | $25K | — | 26x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.53 | −0.051% | $21.5M | $25.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.37 | −0.072% | $3.2M | $19.9M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 745.25 | +0.046% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.94 | +0.004% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 745.03 | +0.016% | $360K | $1.4M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0003% | 8h | 744.38 | −0.071% | $1.1M | $320K | 20x | as long as short |
| Aster QQQUSDT | +0.0023% | 8h | 744.66 | −0.034% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | +0.0025% | 8h | 744.74 | −0.023% | $10.7M | $5.0M | 50x | as long as short |
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.51 | −0.054% | $7.7M | $17.6M | 30x | as long as short |
| Lighter RH QQQlong | +0.0032% | 1h | 744.91 | long leg | $37.4M | $78.5M | 50x | |
| Arcus QQQ-USD | +0.0040% | 1h | 743.79 | −0.150% | $748K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.31 | +0.054% | — | $306K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 744.09 | −0.110% | $1.2M | $545K | 20x | as long as short |
| Variational Omni QQQ | +0.0072% | 8h | 744.60 | −0.041% | $17.1M | $7.6M | — | as long as short |
| Nado QQQ-PERP | +0.0099% | 1h | 744.35 | −0.076% | $1.5M | $1.1M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0099% | 1h | 744.53 | −0.051% | $425K | $147K | 20x | as long as short |
| Binance QQQUSDT | +0.0100% | 8h | 744.76 | −0.020% | $71.3M | $149.2M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.53 | −0.051% | $3.4M | $410K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.13 | −0.105% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.51 | −0.054% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 744.02 | −0.120% | $93K | $1K | 10x | as long as short |
| Bitget QQQUSDT | +0.0143% | 8h | 744.71 | −0.027% | $16.9M | $6.1M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.80 | −0.014% | $5.4M | $8.2M | 25x | as long as short |
| edgeX QQQUSDC | +0.0216% | 4h | 744.53 | −0.052% | $761K | $337K | 20x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 744.36 | −0.074% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0361% | 8h | 744.85 | −0.008% | $318K | $1.8M | 10x | as long as short |
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Bitget QQQUSDT
RISEx QQQ/USDC
edgeX QQQUSDC
Phoenix QQQ
GRVT QQQ_USDT_Perp