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: Lighter against Ondo Perps+0.113%55s7-day average +0.124% · you sell dearer than you buy
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+0.017%+$2 · spread now +0.113%, 7d avg +0.124%
=Together, before fees+0.348%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · 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. 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 | Ondo Perps QQQ-USD.P | 742.94 | −0.0051 | get 0.0006% / 1h | 24m 42s | $4.2M | $1.8M | 20x |
| Short | Lighter QQQ | 743.78 | 0.0032 | get 0.0004% / 1h | 24m 42s | $7.7M | $17.1M | 30x |
Ondo Perps QQQ-USD.P
Lighter QQQFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Ondo Perps. 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: +0.113% → +0.124%
- −$1.1
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $11.37
- Costs to cover
- 0.050%
- Break-even
- 2.4 days
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 4 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 0.61 bp | 1.1 bp −$1 | 3.6 bp −$36 | 21.5 bp −$2,147 | 61.2 bp −$30.6K |
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 | +0.145% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0051% | 1h | 742.94 | long leg | $4.2M | $1.8M | 20x | |
| BloFin QQQ-USDT | −0.0003% | 8h | 744.02 | +0.145% | $1.1M | $303K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.00 | +0.143% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.08 | +0.153% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.93 | +0.133% | $21.7M | $26.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.04 | +0.148% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.68 | +0.100% | $3.3M | $21.1M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.35 | +0.190% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.45 | +0.203% | $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 | +0.096% | $425K | $149K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.28 | +0.180% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.41 | +0.198% | $362K | $1.5M | 10x | as long as short |
| Variational Omni QQQ | +0.0032% | 8h | 743.92 | +0.132% | $17.1M | $7.5M | — | as long as short |
| Lighter QQQshort | +0.0032% | 1h | 743.78 | +0.113% | $7.7M | $17.1M | 30x | |
| Lighter RH QQQ | +0.0032% | 1h | 744.20 | +0.170% | $37.3M | $79.5M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.51 | +0.077% | $1.2M | $534K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.11 | +0.023% | $694K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.97 | +0.273% | — | $337K | 50x | as long as short |
| Binance QQQUSDT | +0.0062% | 8h | 744.01 | +0.144% | $71.1M | $143.3M | 25x | as long as short |
| Nado QQQ-PERP | +0.0088% | 1h | 743.66 | +0.097% | $1.5M | $920K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.75 | +0.109% | $3.4M | $405K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.63 | +0.093% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.74 | +0.108% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.23 | +0.039% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0140% | 8h | 744.18 | +0.166% | $319K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 743.78 | +0.113% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0462% | 4h | 743.85 | +0.123% | $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