Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.019%
Price spread now: ApeX Omni against Ondo Perps+0.044%52s7-day average +0.114% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.272%+$27 on $10k
+Price spread, last 3 days (all we have)+0.006%+$1 · spread now +0.044%, 7d avg +0.114%
=Together, before fees+0.277%+ Points / potential airdropOndo Perps: Active · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.070% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.044% now, against its 7-day average of +0.114%). If the spread goes back, that is −$7 on $10k: about 4.7 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.272% in total) that is about 43 hours. The two prices were read 52 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 | Ondo Perps SPY-USD.P | 773.66 | 0.0050 | pay 0.0006% / 1h | 51m 40s | $4.8M | $847K | 20x |
| Short | ApeX Omni SPYUSDT | 774.00 | 0.0100 | get 0.0013% / 1h | 51m 40s | $159K | $23K | 50x |
Ondo Perps SPY-USD.P
ApeX Omni SPYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Ondo Perps. 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
- $10.42
- Price spread: +0.044% → +0.114%
- −$7.02
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$11.61
- Costs to cover
- 0.150%
- Break-even
- 14.8 days
Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 19 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 19 min ago | 1.62 bp | 16.1 bp −$16 | 80.6 bp −$806 | doesn't fit | doesn't fit |
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 | −0.0107% | 8h | 774.65 | +0.128% | $412K | $571K | 50x | as long as short |
| Arcus SPY-USD | −0.0016% | 1h | 773.59 | −0.009% | $937K | $1.4M | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.55 | +0.115% | $863K | $204K | 20x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.77 | +0.143% | $6.2M | $2.0M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.69 | +0.133% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.23 | +0.074% | $762K | $2.3M | 75x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.73 | +0.268% | $2K | $1.5M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.86 | +0.155% | $308K | $20K | 50x | as long as short |
| MEXC SPY_USDT | +0.0013% | 8h | 774.63 | +0.125% | $28.7M | $11.4M | 100x | as long as short |
| Binance SPYUSDT | +0.0013% | 8h | 774.64 | +0.126% | $28.5M | $81.9M | 50x | as long as short |
BloFin SPY-USDT
Arcus SPY-USD
Aster SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
SunX SPY-USDT
HTX SPY-USDT
MEXC SPY_USDT
Binance SPYUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPY | +0.0032% | 1h | 774.34 | +0.088% | $8.2M | $21.3M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.87 | +0.156% | $57.2M | $112.2M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.35 | −0.040% | — | $123K | 50x | as long as short |
| Bitget SPYUSDT | +0.0050% | 8h | 774.71 | +0.136% | $11.0M | $2.4M | 50x | as long as short |
| Ondo Perps SPY-USD.Plong | +0.0050% | 1h | 773.66 | long leg | $4.8M | $847K | 20x | |
| Phoenix SPY | +0.0062% | 1h | 773.96 | +0.039% | $161K | $296K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0064% | 1h | 774.00 | +0.044% | $954K | $559K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 774.06 | +0.052% | $2.5M | $951K | 20x | as long as short |
| ApeX Omni SPYUSDTshort | +0.0100% | 1h | 774.00 | +0.044% | $159K | $23K | 50x | |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.61 | +0.123% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 774.07 | +0.053% | $87K | — | 10x | as long as short |
| Nado SPY-PERP | +0.0110% | 1h | 774.14 | +0.062% | $1.5M | $290K | 20x | as long as short |
| GRVT SPY_USDT_Perp | +0.0118% | 8h | 774.63 | +0.125% | $157K | $400K | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0125% | 1h | 774.39 | +0.094% | $23K | $59K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0208% / S −0.0429% | 1h | 774.64 | +0.127% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0320% | 1h | 774.70 | +0.134% | $6.9M | $5.2M | 25x | as long as short |
| edgeX SPYUSDC | +0.0362% | 4h | 774.49 | +0.107% | $640K | $241K | 20x | as long as short |
Lighter SPY
Lighter RH SPY
Vest SPY-USD-PERP
Bitget SPYUSDT
Phoenix SPY
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
Nado SPY-PERP
GRVT SPY_USDT_Perp
Deribit SPY_USDC-PERPETUAL
GMX SPY/USD [ETH-USDC]
RISEx SPY/USDC
edgeX SPYUSDC