Funding you earn now, next payment 03:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter against Ondo Perps−0.033%7-day average −0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.337%−$34 on $10k
+Price spread, last 7 days0.000%$0 · spread now −0.033%, 7d avg −0.030%
=Together, before fees−0.337%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, 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 | Ondo Perps US500-USD.P | 7,769.3 | 0.0050 | pay 0.0006% / 1h | 51m 03s | $9.5M | $7.4M | 25x |
| Short | Lighter US500 | 7,766.7 | 0.0032 | get 0.0004% / 1h | 51m 03s | $2.1M | $28.1M | 50x |
Ondo Perps US500-USD.P
Lighter US500Funding 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
- −$3.86
- Price spread: −0.033% → −0.030%
- −$0.33
- 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
- −$9.19
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 8 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, 8 min ago | 0.19 bp | 0.2 bp $0 | 0.4 bp −$4 | 3.9 bp −$391 | 140.8 bp −$70.4K |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,665.8 | −1.332% | $7K | $105 | 52x | as long as short |
| QFEX US500-USD | −0.0036% | 1h | 7,769.1 | −0.002% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,765.9 | −0.043% | $152K | $219K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,771.8 | +0.033% | $7.2M | $762K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,743.3 | −0.333% | $17.4M | $9.1M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,768 | −0.017% | $11K | $108K | 10x | as long as short |
| Lighter US500short | +0.0032% | 1h | 7,766.7 | −0.033% | $2.1M | $28.1M | 50x | |
| Extended SPX500m-USD | +0.0032% | 1h | 7,768.6 | −0.008% | $3.2M | $15.5M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,739.8 | −0.379% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,833.1 | +0.822% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,769.4 | +0.002% | $545K | $448K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,766 | −0.042% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,768.2 | −0.014% | $431.6M | $241.1M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766 | −0.042% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,768.1 | −0.015% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.Plong | +0.0050% | 1h | 7,769.3 | long leg | $9.5M | $7.4M | 25x | |
| Pacifica SP500 | +0.0100% | 1h | 7,768.5 | −0.009% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0319% | 1h | 7,766.4 | −0.037% | $575 | $23K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Pacifica SP500
Aftermath Perps US500USD