Funding you earn now, next payment 09:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.021%
Price spread now: Ondo Perps against Aevo−0.028%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.250%−$25 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.028% cheaper against Aevo than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo SPY-PERP | 771.61 | 0.0104 | pay 0.0013% / 1h | 27m 10s | $87K | — | 10x |
| Short | Ondo Perps SPY-USD.P | 771.40 | 0.0050 | get 0.0006% / 1h | 27m 10s | $4.8M | $849K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Aevo. 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
- −$11.26
- Price spread: −0.028% → 0.000%
- −$2.76
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$35.02
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Aevo and 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.
SPY on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPY-USDT | −0.0120% | 8h | 772.15 | +0.070% | $417K | $436K | 50x | as long as short |
| Phoenix SPY | −0.0031% | 1h | 771.58 | −0.004% | $158K | $151K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 772.23 | +0.080% | $863K | $199K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 772.19 | +0.075% | $28.6M | $75.6M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 772.15 | +0.070% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 772.06 | +0.058% | $7.8M | $3.1M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 771.86 | +0.032% | $790K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 772.21 | +0.077% | $19.1M | $12.2M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 772.31 | +0.090% | $10.9M | $1.6M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 772.56 | +0.123% | $159K | $330K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SPY-USDT | 0.0000% | 8h | 773.37 | +0.228% | $2K | $1.3M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 772.37 | +0.098% | $299K | $38K | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0009% | 1h | 771.95 | +0.044% | $23K | $55K | 20x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 772.39 | +0.101% | $56.7M | $119.2M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 771.42 | −0.025% | $922K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 771.05 | −0.073% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.Pshort | +0.0050% | 1h | 771.40 | −0.028% | $4.8M | $849K | 20x | |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 771.63 | +0.002% | $949K | $506K | 20x | as long as short |
| Nado SPY-PERP | +0.0092% | 1h | 771.79 | +0.023% | $1.5M | $252K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 771.66 | +0.006% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 771.86 | +0.032% | $164K | $25K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 772.18 | +0.073% | $1K | — | 20x | as long as short |
| Aevo SPY-PERPlong | +0.0104% | 1h | 771.61 | long leg | $87K | — | 10x | |
| Lighter SPY | +0.0112% | 1h | 772.13 | +0.067% | $7.9M | $17.1M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 772.25 | +0.082% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0211% | 1h | 772.24 | +0.082% | $7.2M | $3.5M | 25x | as long as short |
| edgeX SPYUSDC | +0.0861% | 4h | 772.20 | +0.077% | $638K | $243K | 20x | as long as short |
BloFin SPY-USDT
Phoenix SPY
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
HTX SPY-USDT
Deribit SPY_USDC-PERPETUAL
Lighter RH SPY
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Lighter SPY
GMX SPY/USD [ETH-USDC]
RISEx SPY/USDC
edgeX SPYUSDC