Funding you earn now, next payment 05:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.048%
Price spread now: Lighter RH against Ondo Perps+0.136%7-day average +0.195% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.354%+$35 on $10k
+Price spread, last 7 days+0.136%+$14 · spread now +0.136%, 7d avg +0.195%
=Together, before fees+0.491%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.059% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.136% now, against its 7-day average of +0.195%). If the spread goes back, that is −$6 on $10k: about 2.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.354% in total) that is about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 742.40 | −0.0041 | get 0.0005% / 1h | 39m 09s | $4.2M | $1.8M | 20x |
| Short | Lighter RH QQQ | 743.41 | 0.0032 | get 0.0004% / 1h | 39m 09s | $37.0M | $78.7M | 50x |
Ondo Perps QQQ-USD.P
Lighter RH QQQFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $15.29
- Price spread: +0.136% → +0.195%
- −$5.89
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $4.4
- Costs to cover
- 0.050%
- Break-even
- 5.0 days
Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, 5 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 RH live order book, 5 min ago | 0.13 bp | 0.7 bp −$1 | 1.6 bp −$16 | 8.7 bp −$873 | doesn't fit |
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 −0.0133% / S +0.0231% | 1h | 743.18 | +0.106% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.Plong | −0.0041% | 1h | 742.40 | long leg | $4.2M | $1.8M | 20x | |
| BloFin QQQ-USDT | −0.0027% | 8h | 743.11 | +0.096% | $1.1M | $256K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.14 | +0.100% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.05 | +0.088% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.00 | +0.081% | $21.4M | $26.9M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.78 | +0.051% | $3.3M | $20.9M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.36 | +0.129% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.22 | +0.111% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.60 | +0.162% | $2K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | +0.032% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.57 | +0.158% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.12 | +0.097% | $359K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0006% | 8h | 743.11 | +0.096% | $70.8M | $141.2M | 25x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.29 | +0.119% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.01 | +0.082% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQshort | +0.0032% | 1h | 743.41 | +0.136% | $37.0M | $78.7M | 50x | |
| Arcus QQQ-USD | +0.0040% | 1h | 742.68 | +0.038% | $702K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.20 | +0.242% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0072% | 8h | 743.44 | +0.140% | $315K | $1.9M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0073% | 1h | 742.91 | +0.069% | $424K | $150K | 20x | as long as short |
| Nado QQQ-PERP | +0.0091% | 1h | 742.94 | +0.073% | $1.5M | $769K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.86 | +0.062% | $3.4M | $339K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.28 | +0.119% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.85 | +0.061% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.35 | −0.007% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.10 | +0.094% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0938% | 4h | 743.35 | +0.128% | $760K | $334K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
RISEx QQQ/USDC
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC