Settings8H · net · $10k
Funding arb · Price arb /

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Bitget−0.042%50s7-day average −0.051% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 7 days+0.047%+$5 · spread now −0.042%, 7d avg −0.051%
Together, before fees+0.123%+ Points / potential airdropOndo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SP500USDT7,771.50get 0.0000% / 8h4h 37m$7.2M$776K50x
ShortOndo Perps US500-USD.P7,768.20.0050get 0.0006% / 1h37m 44s$9.5M$7.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.042% → −0.051%
$0.94
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$5.48
Costs to cover
0.170%
Break-even
10.6 days
Slippage unknown: Bitget: live order book, 6 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 6 min ago7.66 bp22.9 bp −$2331.8 bp −$31833.7 bp −$3,372doesn'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.

SP500 on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,666−1.358%$7K$10552xas long as short
QFEX US500-USD−0.0029%1h7,768.8−0.035%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.6−0.063%$152K$219K20xas long as short
Bitget SP500USDTlong0.0000%8h7,771.5long leg$7.2M$776K50x
Variational Omni US5000.0000%8h7,742−0.379%$17.5M$9.3Mas long as short
Bullet US500-USD0.0000%1h7,767.2−0.055%$13K$106K10xas long as short
Lighter US500+0.0032%1h7,765.5−0.077%$2.1M$28.3M50xas long as short
Extended SPX500m-USD+0.0032%1h7,767.4−0.053%$3.2M$15.1M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,737.8−0.434%$1.6M$6.9M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,832.4+0.783%$4.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,768.4−0.040%$584K$487K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,765−0.084%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,767.4−0.053%$431.9M$239.5M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,765.7−0.075%$9.1M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,766.7−0.062%$1.1M$85K20xas long as short
Ondo Perps US500-USD.Pshort+0.0050%1h7,768.2−0.042%$9.5M$7.6M25x
Pacifica SP500+0.0100%1h7,767.9−0.046%$261K$177K20xas long as short
Aftermath Perps US500USD+0.0236%1h7,764.8−0.086%$515$24K10xas long as short