Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.005%
Price spread now: Ondo Perps against GRVT−0.138%53s7-day average −0.157% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.138%, 7d avg −0.157%
=Together, before fees−0.115%+ Points / potential airdropGRVT: Active · Ondo Perps: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.157%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.138%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SPY_USDT_Perp | 772.84 | 0 | get 0.0000% / 8h | 7h 32m | $159K | $330K | 10x |
| Short | Ondo Perps SPY-USD.P | 771.77 | 0.0050 | get 0.0006% / 1h | 32m 29s | $4.8M | $849K | 20x |
GRVT SPY_USDT_Perp
Ondo Perps SPY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against GRVT. 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
- $10.58
- Price spread: −0.138% → −0.157%
- $1.89
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$1.52
- Costs to cover
- 0.140%
- Break-even
- 8.0 days
Slippage unknown: GRVT: live order book, 65 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 GRVT live order book, 65 min ago | 1.81 bp | 6.6 bp −$7 | 7.6 bp −$76 | 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 | 772.49 | −0.045% | $417K | $439K | 50x | as long as short |
| Phoenix SPY | −0.0031% | 1h | 771.89 | −0.122% | $158K | $151K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 772.50 | −0.044% | $863K | $196K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 772.36 | −0.062% | $28.6M | $75.4M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 772.35 | −0.063% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 772.38 | −0.059% | $7.8M | $3.1M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 772.11 | −0.094% | $793K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 772.38 | −0.059% | $29.6M | $11.6M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 772.56 | −0.036% | $10.9M | $1.5M | 50x | as long as short |
| GRVT SPY_USDT_Perplong | 0.0000% | 8h | 772.84 | long leg | $159K | $330K | 10x |
BloFin SPY-USDT
Phoenix SPY
Aster SPYUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SPY-USDT | 0.0000% | 8h | 773.51 | +0.087% | $2K | $1.3M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 773.15 | +0.041% | $300K | $38K | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 772.48 | −0.046% | $56.6M | $118.6M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 771.64 | −0.155% | $922K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 771.34 | −0.194% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.Pshort | +0.0050% | 1h | 771.77 | −0.138% | $4.8M | $849K | 20x | |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 772.12 | −0.093% | $950K | $507K | 20x | as long as short |
| Nado SPY-PERP | +0.0079% | 1h | 771.91 | −0.120% | $1.5M | $250K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 772.00 | −0.108% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 772.19 | −0.084% | $164K | $25K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 772.37 | −0.060% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 771.88 | −0.124% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0112% | 1h | 772.34 | −0.064% | $7.9M | $17.1M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 772.43 | −0.052% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0211% | 1h | 772.49 | −0.045% | $7.2M | $3.5M | 25x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0229% | 1h | 772.19 | −0.084% | $23K | $55K | 20x | as long as short |
| edgeX SPYUSDC | +0.0442% | 4h | 772.51 | −0.042% | $638K | $242K | 20x | as long as short |
SunX SPY-USDT
HTX SPY-USDT
Lighter RH SPY
Arcus SPY-USD
Vest SPY-USD-PERP
Coinbase International SPY-PERP-INTX
Nado SPY-PERP
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
Lighter SPY
GMX SPY/USD [ETH-USDC]
RISEx SPY/USDC
Deribit SPY_USDC-PERPETUAL
edgeX SPYUSDC