Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Lighter RH−0.021%7-day average −0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days−0.122%−$12 · spread now −0.021%, 7d avg −0.005%
=Together, before fees−0.108%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board−$11 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BTC | 86,639 | 0.0096 | pay 0.0012% / 1h | 45m 27s | $24.0M | $151.7M | 50x |
| Short | Ondo Perps BTC-USD.P | 86,621 | 0.0100 | get 0.0013% / 1h | 45m 27s | $3.9M | $18.6M | 25x |
Lighter RH BTC
Ondo Perps BTC-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
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.021% → −0.005%
- −$1.58
- 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
- −$5.74
- Costs to cover
- 0.050%
- Break-even
- 54.9 days
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 | 0.62 bp | 0.6 bp −$1 | 0.8 bp −$8 | 2.9 bp −$289 | 24.1 bp −$12.1K |
| 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.
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.1446% | 1h | 86,625.8 | −0.015% | $141K | $618K | 40x | as long as short |
| Aftermath Perps BTCUSD | −0.0182% | 1h | 86,586.7 | −0.060% | $79K | $199K | 20x | as long as short |
| Phoenix BTC | −0.0159% | 1h | 86,518 | −0.140% | $2.2M | $11.8M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,608 | −0.036% | $9K | $3K | 50x | as long as short |
| dYdX BTC-USD | −0.0016% | 1h | 86,587.1 | −0.060% | $17.5M | $20.3M | 50x | as long as short |
| Aster BTCUSDT | −0.0007% | 8h | 86,602.9 | −0.042% | $505.6M | $1.15B | 200x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 86,636.3 | −0.003% | $359K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,628.4 | −0.012% | $421K | $24.1M | 6.7x | as long as short |
| KuCoin XBTUSDTM | +0.0002% | 8h | 86,611.2 | −0.032% | $852.4M | $708.4M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,626.7 | −0.014% | $36.8M | — | 200x | as long as short |
Bluefin BTC-PERP
Aftermath Perps BTCUSD
Phoenix BTC
Hotstuff BTC-PERP
dYdX BTC-USD
Aster BTCUSDT
01 Exchange BTCUSD
Perpl BTC
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx BTC/USDC | +0.0006% | 1h | 86,619 | −0.023% | $8.6M | $43.2M | 25x | as long as short |
| Reya BTCRUSDPERP | +0.0022% | 1h | 86,594.5 | −0.051% | $6.7M | $144.7M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.0024% | 1h | 86,559 | −0.092% | $315K | $26.8M | 52x | as long as short |
| Hibachi BTC/USDT-P | +0.0024% | 1h | 86,594.3 | −0.052% | $734K | $8.1M | 30x | as long as short |
| Phemex BTCUSDT | +0.0024% | 8h | 86,583.5 | −0.064% | $149.7M | $473.0M | 150x | as long as short |
| BingX BTC-USDC | +0.0031% | 8h | 86,592.5 | −0.054% | — | $15.3M | — | as long as short |
| Deribit BTC-PERPETUAL | +0.0035% | 1h | 86,640.4 | +0.002% | $925.1M | $1.47B | 50x | as long as short |
| Bitget BTCUSDT | +0.0040% | 8h | 86,603.2 | −0.041% | $2.95B | $5.07B | 150x | as long as short |
| Aevo BTC-PERP | +0.0056% | 1h | 86,594 | −0.052% | $2.4M | $1.3M | 20x | as long as short |
| MEXC BTC_USDT | +0.0059% | 8h | 86,608.2 | −0.036% | $5.18B | $5.63B | 500x | as long as short |
| Binance BTCUSDT | +0.0059% | 8h | 86,609.6 | −0.034% | $9.43B | $24.32B | 150x | as long as short |
| Gate BTC_USDT | +0.0084% | 8h | 86,601.4 | −0.043% | $5.86B | $10.63B | 200x | as long as short |
| SoDEX BTC-USD | +0.0086% | 1h | 86,583 | −0.065% | $60.5M | $336.8M | 40x | as long as short |
| Bybit BTCUSDT | +0.0088% | 8h | 86,608 | −0.036% | $5.28B | $9.70B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,610.5 | −0.033% | $172.4M | $998.7M | 50x | as long as short |
| Lighter RH BTClong | +0.0096% | 1h | 86,639 | long leg | $24.0M | $151.7M | 50x | |
| Popdex BTCUSDT | +0.0096% | 1h | 86,612 | −0.031% | $8.5M | $52.2M | 100x | as long as short |
| Nado BTC-PERP | +0.0098% | 1h | 86,592.9 | −0.053% | $21.8M | $233.4M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,605 | −0.039% | $207K | $6.9M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,661.4 | +0.026% | $4.7M | $8.3M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,689 | +0.058% | $3.81B | $5.09B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,645 | +0.007% | $40.9M | $504.7M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,603.5 | −0.041% | $2.55B | $12.69B | 100x | as long as short |
| Ondo Perps BTC-USD.Pshort | +0.0100% | 1h | 86,621 | −0.021% | $3.9M | $18.6M | 25x | |
| Arcus BTC-USD | +0.0100% | 1h | 86,688.4 | +0.057% | $7.4M | $94.0M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,527.4 | −0.129% | $571.7M | $19.3M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,575 | −0.074% | $38.3M | $152.7M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,560.2 | −0.091% | $156.7M | $569.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,551.4 | −0.101% | $279.5M | $943.5M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,562.1 | −0.089% | $217.2M | $180.7M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,583.3 | −0.064% | $141.5M | $323.0M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,567.6 | −0.082% | $30.7M | $202.9M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,652.9 | +0.016% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,616 | −0.027% | $11.1M | $13.5M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,609.5 | −0.034% | $193K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,609.3 | −0.034% | $2.5M | $8.6M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,601.1 | −0.044% | $30.0M | $61.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,601.9 | −0.043% | $3.4M | $5.4M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,540.8 | −0.113% | $2.30B | $958.7M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,594.7 | −0.051% | $46.4M | $224.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,597.9 | −0.047% | — | $98.5M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 86,629.9 | −0.011% | $132.0M | $5.74B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,620.2 | −0.022% | $191.4M | $936.8M | 100x | as long as short |
| BloFin BTC-USDT | +0.0178% | 8h | 86,540.3 | −0.114% | $415.3M | $653.8M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0180% / S −0.0208% | 1h | 86,621.5 | −0.020% | $15.1M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0189% | 8h | 86,590 | −0.057% | $9.6M | $726.1M | 6.4x | as long as short |
RISEx BTC/USDC
Reya BTCRUSDPERP
Injective BTC/USDC PERP
Hibachi BTC/USDT-P
Phemex BTCUSDT
BingX BTC-USDC
Deribit BTC-PERPETUAL
Bitget BTCUSDT
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
Gate BTC_USDT
SoDEX BTC-USD
Bybit BTCUSDT
Lighter BTC
Popdex BTCUSDT
Nado BTC-PERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP