Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against OKX+0.021%7-day average −0.067% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.558%−$56 on $10k
+Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.021%, 7d avg −0.067%
=Together, before fees−0.745%+ Points / potential airdropOndo Perps: Active · farm board−$75 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.088% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.067%. Mind the row above: over the last 7 days funding on this pair cost −0.558%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX US500-USDT-SWAP | 7,768.6 | 0 | get 0.0000% / 8h | 5h 30m | $152K | $219K | 20x |
| Short | Ondo Perps US500-USD.P | 7,770.2 | 0.0050 | get 0.0006% / 1h | 30m 40s | $9.5M | $7.4M | 25x |
OKX US500-USDT-SWAP
Ondo Perps US500-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against OKX. 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: +0.021% → −0.067%
- $8.77
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $4.35
- Costs to cover
- 0.150%
- Break-even
- 4.1 days
Slippage unknown: OKX: live order book, 29 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 OKX live order book, 29 min ago | 0.58 bp | 9.3 bp −$9 | doesn't fit | 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 | 7,666.5 | −1.314% | $7K | $106 | 52x | as long as short |
| QFEX US500-USD | −0.0036% | 1h | 7,768.7 | +0.001% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAPlong | 0.0000% | 8h | 7,768.6 | long leg | $152K | $219K | 20x | |
| Bitget SP500USDT | 0.0000% | 8h | 7,771.1 | +0.032% | $7.2M | $763K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,743.3 | −0.326% | $17.5M | $9.1M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,768.4 | −0.003% | $12K | $107K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766.4 | −0.028% | $2.1M | $28.2M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,768.3 | −0.003% | $3.2M | $15.5M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,739.7 | −0.372% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,833.5 | +0.835% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
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 | 7,768.4 | −0.003% | $545K | $448K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.9 | −0.035% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,768.4 | −0.003% | $431.7M | $241.1M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766.4 | −0.028% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,767.9 | −0.009% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.Pshort | +0.0050% | 1h | 7,770.2 | +0.021% | $9.5M | $7.4M | 25x | |
| Pacifica SP500 | +0.0100% | 1h | 7,768.5 | −0.001% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0285% | 1h | 7,764.6 | −0.052% | $499 | $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