Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.011%
Price spread now: Ondo Perps against SunX−0.264%7-day average −0.283% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now −0.264%, 7d avg −0.283%
=Together, before fees−0.149%+ Points / potential airdropOndo Perps: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.283%, 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 −0.051%, 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 | SunX SPY-USDT | 775.61 | 0 | get 0.0000% / 8h | 5h 09m | $2K | $1.4M | 10x |
| Short | Ondo Perps SPY-USD.P | 773.56 | 0.0050 | get 0.0006% / 1h | 9m 30s | $4.8M | $842K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against SunX. 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: −0.264% → −0.283%
- $1.88
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$0.54
- Costs to cover
- 0.130%
- Break-even
- 7.4 days
Slippage unknown: SunX: live order book, 5 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 SunX live order book, 5 min ago | 29.07 bp | 107.7 bp −$108 | doesn't fit | 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 | −0.0107% | 8h | 774.50 | −0.143% | $419K | $468K | 50x | as long as short |
| ApeX Omni SPYUSDT | −0.0090% | 1h | 772.89 | −0.351% | $162K | $24K | 50x | as long as short |
| Phoenix SPY | −0.0021% | 1h | 773.86 | −0.226% | $161K | $295K | 20x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.66 | −0.122% | $6.3M | $2.0M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.55 | −0.137% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.95 | −0.214% | $776K | $2.4M | 75x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.62 | −0.128% | $10.9M | $1.9M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.56 | −0.135% | $162K | $375K | 10x | as long as short |
| SunX SPY-USDTlong | 0.0000% | 8h | 775.61 | long leg | $2K | $1.4M | 10x | |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.00 | −0.208% | $23K | $55K | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SPY-USDT | 0.0000% | 8h | 774.74 | −0.112% | $308K | $20K | 50x | as long as short |
| Aster SPYUSDT | +0.0012% | 8h | 774.44 | −0.151% | $863K | $194K | 20x | as long as short |
| MEXC SPY_USDT | +0.0013% | 8h | 774.49 | −0.144% | $24.0M | $12.1M | 100x | as long as short |
| Binance SPYUSDT | +0.0013% | 8h | 774.48 | −0.146% | $28.3M | $79.6M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.65 | −0.253% | $931K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.21 | −0.309% | — | $123K | 50x | as long as short |
| Nado SPY-PERP | +0.0050% | 1h | 774.03 | −0.204% | $1.5M | $292K | 20x | as long as short |
| Ondo Perps SPY-USD.Pshort | +0.0050% | 1h | 773.56 | −0.264% | $4.8M | $842K | 20x | |
| Lighter SPY | +0.0056% | 1h | 774.41 | −0.155% | $8.3M | $21.1M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.05 | −0.201% | $954K | $552K | 20x | as long as short |
| Lighter RH SPY | +0.0096% | 1h | 774.72 | −0.115% | $56.4M | $115.4M | 50x | as long as short |
| RISEx SPY/USDC | +0.0097% | 1h | 774.62 | −0.127% | $7.0M | $5.0M | 25x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.80 | −0.233% | $2.5M | $979K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.38 | −0.159% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.91 | −0.220% | $87K | — | 10x | as long as short |
| edgeX SPYUSDC | +0.0185% | 4h | 774.35 | −0.162% | $640K | $241K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.50 | −0.142% | $10K | — | 26x | as long as short |
SunX SPY-USDT
BloFin SPY-USDT
ApeX Omni SPYUSDT
Phoenix SPY
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Aster SPYUSDT
MEXC SPY_USDT
Binance SPYUSDT
Lighter SPY
Coinbase International SPY-PERP-INTX
Lighter RH SPY
RISEx SPY/USDC
KuCoin SPYUSDTM
edgeX SPYUSDC
GMX SPY/USD [ETH-USDC]