Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.011%
Price spread now: Ondo Perps against HTX−0.151%7-day average −0.173% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 3 days (all we have)−0.021%−$2 · spread now −0.151%, 7d avg −0.173%
=Together, before fees−0.083%+ Points / potential airdropOndo Perps: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.022% dearer against HTX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.173%. Mind the row above: over the last 7 days funding on this pair cost −0.062%, 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 | HTX SPY-USDT | 774.76 | 0 | get 0.0000% / 8h | 7h 32m | $308K | $20K | 50x |
| Short | Ondo Perps SPY-USD.P | 773.59 | 0.0050 | get 0.0006% / 1h | 32m 25s | $4.8M | $847K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against HTX. 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: −0.151% → −0.173%
- $2.22
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$4.19
- Costs to cover
- 0.170%
- Break-even
- 9.8 days
Slippage unknown: HTX: live order book, 40 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 HTX live order book, 40 min ago | 2.45 bp | 8.5 bp −$8 | 12.5 bp −$125 | 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 | −0.0103% | 8h | 774.57 | −0.025% | $413K | $571K | 50x | as long as short |
| Arcus SPY-USD | −0.0016% | 1h | 773.69 | −0.138% | $938K | $1.4M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.63 | −0.017% | $6.3M | $2.0M | 100x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.16 | −0.077% | $776K | $2.3M | 75x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.68 | +0.119% | $2K | $1.5M | 10x | as long as short |
| HTX SPY-USDTlong | 0.0000% | 8h | 774.76 | long leg | $308K | $20K | 50x | |
| Aster SPYUSDT | +0.0002% | 8h | 774.46 | −0.038% | $863K | $204K | 20x | as long as short |
| OKX SPY-USDT-SWAP | +0.0005% | 8h | 774.61 | −0.019% | $7.9M | $3.3M | 50x | as long as short |
| MEXC SPY_USDT | +0.0017% | 8h | 774.58 | −0.023% | $29.3M | $11.6M | 100x | as long as short |
| Binance SPYUSDT | +0.0018% | 8h | 774.58 | −0.023% | $28.5M | $81.2M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPY | +0.0032% | 1h | 774.30 | −0.059% | $8.2M | $21.6M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.74 | −0.003% | $57.3M | $113.7M | 50x | as long as short |
| Bitget SPYUSDT | +0.0032% | 8h | 774.60 | −0.021% | $11.0M | $2.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.27 | −0.192% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.Pshort | +0.0050% | 1h | 773.59 | −0.151% | $4.8M | $847K | 20x | |
| GRVT SPY_USDT_Perp | +0.0058% | 8h | 774.68 | −0.010% | $168K | $398K | 10x | as long as short |
| Phoenix SPY | +0.0062% | 1h | 773.85 | −0.117% | $161K | $296K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0064% | 1h | 774.00 | −0.098% | $954K | $554K | 20x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0073% | 1h | 774.22 | −0.070% | $23K | $55K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.93 | −0.107% | $2.5M | $949K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 773.96 | −0.103% | $159K | $23K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.56 | −0.026% | $1K | — | 20x | as long as short |
| Nado SPY-PERP | +0.0101% | 1h | 774.10 | −0.085% | $1.5M | $282K | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 774.02 | −0.096% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0208% / S −0.0429% | 1h | 774.59 | −0.023% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0320% | 1h | 774.74 | −0.002% | $6.9M | $5.2M | 25x | as long as short |
| edgeX SPYUSDC | +0.0384% | 4h | 774.49 | −0.034% | $640K | $242K | 20x | as long as short |
HTX SPY-USDT
BloFin SPY-USDT
Bybit SPYUSDT
Gate SPY_USDT
SunX SPY-USDT
Aster SPYUSDT
OKX SPY-USDT-SWAP
MEXC SPY_USDT
Binance SPYUSDT
Lighter SPY
Lighter RH SPY
Bitget SPYUSDT
GRVT SPY_USDT_Perp
Phoenix SPY
Coinbase International SPY-PERP-INTX
Deribit SPY_USDC-PERPETUAL
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
GMX SPY/USD [ETH-USDC]
RISEx SPY/USDC
edgeX SPYUSDC