Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Ondo Perps against Bullet−0.006%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 3 days (all we have)+0.048%+$5 on $10k
+Price spread, last 3 days (all we have)0.000%$0 · spread now −0.006%, 7d avg +0.005%
=Together, before fees+0.049%+ Points / potential airdropOndo Perps: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet US500-USD | 7,768.9 | 0 | get 0.0000% / 1h | 4m 02s | $13K | $108K | 10x |
| Short | Ondo Perps US500-USD.P | 7,768.4 | 0.0050 | get 0.0006% / 1h | 4m 02s | $9.5M | $7.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bullet. 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
- $10.58
- Price spread: −0.006% → +0.005%
- −$1.08
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$3.49
- Costs to cover
- 0.130%
- Break-even
- 9.3 days
Slippage unknown: Bullet: live order book, 5 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 Bullet live order book, 5 min ago | 0.51 bp | 6.2 bp −$6 | 20.1 bp −$201 | doesn't fit | doesn't fit |
| 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 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 | 7,664.8 | −1.340% | $7K | $107 | 52x | as long as short |
| QFEX US500-USD | −0.0045% | 1h | 7,769.4 | +0.007% | $11.9M | $3.3M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.5 | −0.030% | $152K | $246K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,773.2 | +0.056% | $7.2M | $772K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,743.5 | −0.326% | $17.2M | $8.9M | — | as long as short |
| Bullet US500-USDlong | 0.0000% | 1h | 7,768.9 | long leg | $13K | $108K | 10x | |
| Lighter US500 | +0.0032% | 1h | 7,766.8 | −0.027% | $2.2M | $29.0M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,768.9 | 0.000% | $3.2M | $15.0M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.6 | −0.390% | $1.6M | $7.1M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,833.4 | +0.830% | — | $3.9M | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,770.8 | +0.025% | $545K | $439K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,766.2 | −0.034% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,768.7 | −0.002% | $434.0M | $240.3M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766.4 | −0.032% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,768.3 | −0.007% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.Pshort | +0.0050% | 1h | 7,768.4 | −0.006% | $9.5M | $7.1M | 25x | |
| Pacifica SP500 | +0.0100% | 1h | 7,768.9 | +0.001% | $261K | $178K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0266% | 1h | 7,765.8 | −0.040% | $616 | $21K | 10x | as long as short |
Bullet US500-USD
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Lighter US500
Extended SPX500m-USD
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Pacifica SP500
Aftermath Perps US500USD