Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against Pacifica−0.011%7-day average +0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.011%, 7d avg +0.002%
=Together, before fees−0.140%+ Points / potential airdropPacifica: Active · Ondo Perps: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, 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 | Pacifica SP500 | 7,766.5 | 0.0100 | pay 0.0013% / 1h | 25m 15s | $258K | $196K | 20x |
| Short | Ondo Perps US500-USD.P | 7,765.6 | 0.0050 | get 0.0006% / 1h | 25m 15s | $9.5M | $6.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Pacifica. 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
- −$10.42
- Price spread: −0.011% → +0.002%
- −$1.3
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$24.71
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 58 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 Pacifica live order book, 58 min ago | 1.55 bp | 8.8 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 | 7,663.5 | −1.326% | $7K | $104 | 52x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,767.2 | +0.009% | $153K | $295K | 20x | as long as short |
| QFEX US500-USD | 0.0000% | 1h | 7,767.5 | +0.013% | $11.8M | $3.0M | 30x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,767.3 | +0.011% | $7.2M | $789K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,741 | −0.328% | $17.4M | $9.5M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,766.5 | 0.000% | $12K | $106K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,764.9 | −0.020% | $2.4M | $28.3M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,767.4 | +0.012% | $3.2M | $15.7M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,737.1 | −0.378% | $1.6M | $7.4M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,831.8 | +0.841% | — | $3.5M | 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 | 7,767.7 | +0.016% | $544K | $440K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,764.3 | −0.027% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,766.3 | −0.002% | $434.8M | $262.4M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,764.5 | −0.025% | $7.6M | $960K | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,765.9 | −0.007% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.Pshort | +0.0050% | 1h | 7,765.6 | −0.011% | $9.5M | $6.7M | 25x | |
| Pacifica SP500long | +0.0100% | 1h | 7,766.5 | long leg | $258K | $196K | 20x | |
| Aftermath Perps US500USD | +0.0122% | 1h | 7,762.8 | −0.047% | $458 | $21K | 10x | as long as short |
Pacifica SP500
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Aftermath Perps US500USD