Funding you earn now, next payment 07:00 UTC−0.0355%/8h= −38.9% APRnext payment −$0.44 per $10,000 · paid last 24h −0.042%
Price spread now: Ondo Perps against Deribit0.000%7-day average −0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now 0.000%, 7d avg −0.048%
=Together, before fees−0.072%+ Points / potential airdropOndo Perps: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.048% dearer against Deribit than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.048%): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 5 days (−0.031% in total) that is about 7.6 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.031% in total (about -2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.44 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SPCX_USDC-PERPETUAL | 152.57 | 0.0406 | pay 0.0051% / 1h | 56m 13s | $89K | $1.3M | 10x |
| Short | Ondo Perps SPCX-USD.P | 152.57 | 0.0050 | get 0.0006% / 1h | 56m 13s | $3.2M | $2.3M | 10x |
Deribit SPCX_USDC-PERPETUAL
Ondo Perps SPCX-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Deribit. 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
- −$74.65
- Price spread: 0.000% → −0.048%
- $4.8
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$81.85
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 3 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 Deribit live order book, 3 min ago | 4.59 bp | 9.2 bp −$9 | 10.9 bp −$109 | 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.
SPCX on 39 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SPCX/USD [ETH-USDC] | L −0.0187% / S +0.0435% | 1h | 152.56 | −0.003% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0028% | 8h | 152.68 | +0.072% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.57 | 0.000% | $30.6M | $42.7M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.57 | 0.000% | $96.2M | $31.7M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.63 | +0.039% | $31.2M | $66.0M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.085% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.70 | +0.085% | $300K | $2.7M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.90 | +0.216% | $8K | $896K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.73 | +0.105% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0018% | 1h | 152.60 | +0.021% | $7K | $8K | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0032% | 1h | 152.49 | −0.052% | $1.6M | $7.3M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.46 | −0.072% | $2.5M | $7.2M | 20x | as long as short |
| QFEX SPCX-USD | +0.0038% | 1h | 152.61 | +0.026% | $1.2M | $5.5M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.60 | +0.020% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.62 | +0.033% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.45 | −0.079% | $130.0M | $129.1M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.61 | +0.026% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.55 | −0.013% | $1.7M | $96K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.55 | −0.013% | $530K | $383K | 50x | as long as short |
| Ondo Perps SPCX-USD.Pshort | +0.0050% | 1h | 152.57 | 0.000% | $3.2M | $2.3M | 10x | |
| Paradex SPCX-USD-PERP | +0.0058% | 8h | 152.66 | +0.056% | $101 | — | 5x | as long as short |
| RISEx SPCX/USDC | +0.0072% | 1h | 152.65 | +0.055% | $408K | $505K | 20x | as long as short |
| Variational Omni SPCX | +0.0075% | 8h | 152.72 | +0.096% | $6.0M | $2.8M | — | as long as short |
| Binance SPCXUSDT | +0.0092% | 8h | 152.58 | +0.007% | $249.7M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0096% | 1h | 152.61 | +0.024% | $732K | $4.6M | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.55 | −0.013% | $169K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.50 | −0.046% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.76 | +0.125% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.66 | +0.059% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.62 | +0.033% | $89 | — | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0108% | 8h | 152.60 | +0.020% | $39.6M | $166.8M | 75x | as long as short |
| Nado SPCX-PERP | +0.0168% | 1h | 152.53 | −0.024% | $612K | $800K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0192% | 1h | 152.61 | +0.026% | $729K | $921K | 10x | as long as short |
| Bullet SPCX-USD | +0.0198% | 1h | 152.65 | +0.052% | $11K | $192K | 10x | as long as short |
| Phoenix SPCX | +0.0263% | 1h | 152.65 | +0.052% | $444K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0349% | 8h | 152.68 | +0.073% | $18.9M | $25.3M | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUALlong | +0.0406% | 1h | 152.57 | long leg | $89K | $1.3M | 10x | |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.99 | +0.275% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0988% | 4h | 152.66 | +0.059% | $1.7M | $891K | 20x | as long as short |
Lighter SPCX
Lighter RH SPCX
QFEX SPCX-USD
Arcus SPCX-USD
Vest SPCX-USD-PERP
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
RISEx SPCX/USDC
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
OKX SPCX-USDT-SWAP
Nado SPCX-PERP
Coinbase International SPCX-PERP-INTX
Bullet SPCX-USD
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC