Funding you earn now, next payment 06:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h −0.035%
Price spread now: Ondo Perps against Aster−0.112%7-day average −0.141% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.126%−$13 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.112%, 7d avg −0.141%
=Together, before fees−0.118%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.029% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.141%. Mind the row above: over the last 7 days funding on this pair cost −0.126%, 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 | Aster SPYUSDT | 774.28 | 0 | get 0.0000% / 8h | 2h 13m | $864K | $195K | 20x |
| Short | Ondo Perps SPY-USD.P | 773.42 | 0.0027 | get 0.0003% / 1h | 13m 32s | $4.7M | $832K | 20x |
Aster SPYUSDT
Ondo Perps SPY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Aster. 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
- $5.71
- Price spread: −0.112% → −0.141%
- $2.93
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$4.36
- Costs to cover
- 0.130%
- Break-even
- 12.3 days
Slippage unknown: Aster: live order book, 34 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 Aster live order book, 34 min ago | 0.45 bp | 5.6 bp −$6 | 12.0 bp −$120 | 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.
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 | 774.10 | −0.024% | $417K | $473K | 50x | as long as short |
| Phoenix SPY | −0.0103% | 1h | 773.79 | −0.064% | $161K | $295K | 20x | as long as short |
| Nado SPY-PERP | −0.0051% | 1h | 774.17 | −0.015% | $1.6M | $262K | 20x | as long as short |
| Aster SPYUSDTlong | 0.0000% | 8h | 774.28 | long leg | $864K | $195K | 20x | |
| Binance SPYUSDT | 0.0000% | 8h | 774.45 | +0.021% | $28.5M | $79.5M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.32 | +0.005% | $6.2M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.34 | +0.007% | $8.0M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.91 | −0.048% | $770K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.44 | +0.020% | $29.7M | $12.5M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.52 | +0.031% | $10.9M | $1.8M | 50x | as long as short |
BloFin SPY-USDT
Phoenix SPY
Nado SPY-PERP
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.32 | +0.005% | $169K | $350K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.55 | +0.164% | $2K | $1.4M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.34 | +0.007% | $300K | $37K | 50x | as long as short |
| RISEx SPY/USDC | +0.0007% | 1h | 774.65 | +0.047% | $7.0M | $4.5M | 25x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0008% | 1h | 774.31 | +0.003% | $23K | $56K | 20x | as long as short |
| Ondo Perps SPY-USD.Pshort | +0.0027% | 1h | 773.42 | −0.112% | $4.7M | $832K | 20x | |
| ApeX Omni SPYUSDT | +0.0036% | 1h | 773.29 | −0.128% | $164K | $25K | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.64 | −0.083% | $927K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.41 | −0.113% | — | $123K | 50x | as long as short |
| Lighter RH SPY | +0.0048% | 1h | 774.92 | +0.082% | $56.3M | $119.5M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0048% | 1h | 773.77 | −0.066% | $950K | $558K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.62 | −0.086% | $2.5M | $988K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.28 | 0.000% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.85 | −0.056% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0120% | 1h | 774.61 | +0.042% | $8.2M | $19.4M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.41 | +0.017% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0370% | 4h | 774.25 | −0.005% | $640K | $243K | 20x | as long as short |
GRVT SPY_USDT_Perp
SunX SPY-USDT
HTX SPY-USDT
RISEx SPY/USDC
Deribit SPY_USDC-PERPETUAL
ApeX Omni SPYUSDT
Arcus SPY-USD
Vest SPY-USD-PERP
Lighter RH SPY
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
Lighter SPY
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC