Funding you earn now, next payment 06:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Popdex−0.010%7-day average −0.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.010%, 7d avg −0.020%
=Together, before fees−0.035%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex US500USDT | 7,767.7 | 0.0048 | pay 0.0006% / 1h | 49m 56s | $584K | $486K | 20x |
| Short | Ondo Perps US500-USD.P | 7,766.9 | 0.0050 | get 0.0006% / 1h | 49m 56s | $9.5M | $7.8M | 25x |
Popdex US500USDT
Ondo Perps US500-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Popdex. 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
- $0.5
- Price spread: −0.010% → −0.020%
- $0.99
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$9.9
- Costs to cover
- 0.114%
- Break-even
- 144.5 days
Slippage unknown: Popdex: live order book, 64 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 Popdex live order book, 64 min ago | 0.45 bp | 3.7 bp −$4 | 3.7 bp −$37 | 7.3 bp −$729 | 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 | −1.325% | $7K | $105 | 52x | as long as short |
| QFEX US500-USD | −0.0033% | 1h | 7,765.5 | −0.028% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.8 | −0.012% | $141K | $231K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,769 | +0.017% | $7.2M | $776K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,740.4 | −0.352% | $17.6M | $9.5M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,766 | −0.022% | $13K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,764 | −0.048% | $2.1M | $27.9M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,765.9 | −0.023% | $3.2M | $14.9M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.5 | −0.376% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,831.5 | +0.821% | — | $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
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 US500USDTlong | +0.0048% | 1h | 7,767.7 | long leg | $584K | $486K | 20x | |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,764.1 | −0.046% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,765.4 | −0.030% | $431.4M | $235.7M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,764.6 | −0.040% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,765.4 | −0.030% | $1.1M | $69K | 20x | as long as short |
| Ondo Perps US500-USD.Pshort | +0.0050% | 1h | 7,766.9 | −0.010% | $9.5M | $7.8M | 25x | |
| Pacifica SP500 | +0.0100% | 1h | 7,766.7 | −0.013% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0235% | 1h | 7,764.8 | −0.037% | $470 | $26K | 10x | as long as short |
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Pacifica SP500
Aftermath Perps US500USD