Funding you earn now, next payment 06:00 UTC−0.0066%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.019%
Price spread now: Lighter against Ondo Perps−0.009%7-day average −0.046% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.310%−$31 on $10k
+Price spread, last 7 days−0.123%−$12 · spread now −0.009%, 7d avg −0.046%
=Together, before fees−0.433%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.037% dearer against Ondo Perps than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.046%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 45 hours. At the pace of the last 7 days (−0.310% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps US100-USD.P | 30,535.9 | 0.0098 | pay 0.0012% / 1h | 10m 04s | $6.1M | $8.6M | 25x |
| Short | Lighter US100 | 30,533 | 0.0032 | get 0.0004% / 1h | 10m 04s | $4.0M | $98.0M | 30x |
Funding 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
- −$13.94
- Price spread: −0.009% → −0.046%
- $3.7
- 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
- −$15.25
- Costs to cover
- 0.050%
- Break-even
- never at this rate
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 | 0.33 bp | 0.3 bp $0 | 0.3 bp −$3 | 3.6 bp −$357 | 213.1 bp −$106.5K |
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.
NAS100 on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NAS100_USDC | −0.0262% | 8h | 30,523.8 | −0.040% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,471.2 | −0.212% | $1.9M | $3.6M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0076% | 8h | 30,539 | +0.010% | $24.3M | $20.5M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,463 | −0.239% | $262K | $372K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,515 | −0.068% | $3.5M | $636K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,530 | −0.019% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,466.2 | −0.228% | $1.4M | $192K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,529 | −0.023% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100short | +0.0032% | 1h | 30,533 | −0.009% | $4.0M | $98.0M | 30x | |
| Extended TECH100m-USD | +0.0032% | 1h | 30,536.6 | +0.002% | $2.0M | $5.9M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,824.4 | +0.945% | — | $203.1M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,524.9 | −0.036% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,531 | −0.016% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.Plong | +0.0098% | 1h | 30,535.9 | long leg | $6.1M | $8.6M | 25x | |
| Kraken Futures PF_US100USD | +0.1694% | 1h | 30,511.3 | −0.081% | $137K | $137K | 20x | as long as short |
Lighter US100
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD