SP500

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%

Price spread now: Ondo Perps against Lighter+0.036%7-day average +0.027% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.328%+$33 on $10k

Price spread, last 7 days−0.016%−$2 · spread now +0.036%, 7d avg +0.027%

Together, before fees+0.312%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board+$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter US500	7,765.7	0.0032	pay 0.0004% / 1h	3m 46s	$2.0M	$29.6M	50x
Short	Ondo Perps US500-USD.P	7,768.5	0.0050	get 0.0006% / 1h	3m 46s	$9.5M	$8.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee Ondo PerpsbpOrdersPrice spread, now +0.036%Rate

Funding earned: $3.86
Price spread: +0.036% → +0.027%: $0.84
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$0.3
Costs to cover: 0.050%
Break-even: 7.5 days

Slippage unknown: Lighter: live order book, 8 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 live order book, 8 min ago	0.32 bp	0.3 bp $0	0.8 bp −$8	3.7 bp −$368	119.6 bp −$59.8K
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.

SP500 on 18 exchanges

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
Polymarket Perps SP500-USD	−0.0057%	1h	7,766	+0.004%	$9.2M	$5.3M	50x	as long as short
QFEX US500-USD	−0.0052%	1h	7,768.2	+0.032%	$9.9M	$3.4M	30x	as long as short
Extended SPX500m-USD	−0.0016%	1h	7,768.2	+0.032%	$3.2M	$10.0M	25x	as long as short
OKX US500-USDT-SWAP	0.0000%	8h	7,768.8	+0.040%	$131K	$241K	20x	as long as short
Bitget SP500USDT	0.0000%	8h	7,765.2	−0.006%	$7.2M	$527K	50x	as long as short
Variational Omni US500	0.0000%	8h	7,744.5	−0.273%	$17.5M	$6.1M	—	as long as short
Bullet US500-USD	0.0000%	1h	7,768.5	+0.036%	$13K	$104K	10x	as long as short
tradeXYZ xyz:SP500	+0.0029%	1h	7,765.8	+0.001%	$426.0M	$239.3M	50x	as long as short
Lighter US500long	+0.0032%	1h	7,765.7	long leg	$2.0M	$29.6M	50x
Injective US500/USDC PERP	+0.0033%	1h	7,658	−1.387%	$7K	$101	52x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Markets by Kinetiq mkts:US500	+0.0046%	1h	7,737.7	−0.361%	$1.4M	$8.2M	25x	as long as short
Vest SPX-USD-PERP	+0.0046%	1h	7,835.8	+0.902%	—	$4.3M	50x	as long as short
Popdex US500USDT	+0.0048%	1h	7,771.1	+0.070%	$625K	$508K	20x	as long as short
Paradex US500-USD-PERP	+0.0050%	8h	7,768.4	+0.034%	$43K	—	5x	as long as short
SoDEX US500-USD	+0.0050%	1h	7,767.6	+0.024%	$1.4M	$191K	20x	as long as short
Ondo Perps US500-USD.Pshort	+0.0050%	1h	7,768.5	+0.036%	$9.5M	$8.7M	25x
Pacifica SP500	+0.0100%	1h	7,769.9	+0.054%	$259K	$174K	20x	as long as short
Aftermath Perps US500USD	+0.0319%	1h	7,766.1	+0.005%	$446	$30K	10x	as long as short