Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Bitget against Ondo Perps+0.042%7-day average +0.051% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps US500-USD.P | 7,768.2 | 0.0050 | pay 0.0006% / 1h | 37m 04s | $9.5M | $7.6M | 25x |
| Short | Bitget SP500USDT | 7,771.5 | 0 | get 0.0000% / 8h | 4h 37m | $7.2M | $776K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$10.58
- Price spread: +0.042% → +0.051%
- −$0.94
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$28.52
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 7.66 bp | 29.1 bp −$29 | 31.1 bp −$311 | 35.7 bp −$3,572 | 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.
SP500 on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,665.5 | −1.323% | $7K | $107 | 52x | as long as short |
| QFEX US500-USD | −0.0029% | 1h | 7,768.8 | +0.007% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.6 | −0.021% | $152K | $216K | 20x | as long as short |
| Bitget SP500USDTshort | 0.0000% | 8h | 7,771.5 | +0.042% | $7.2M | $776K | 50x | |
| Variational Omni US500 | 0.0000% | 8h | 7,742 | −0.338% | $17.5M | $9.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,767.2 | −0.013% | $13K | $106K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,765.5 | −0.035% | $2.1M | $28.3M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,767.3 | −0.012% | $3.2M | $15.1M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,737.8 | −0.392% | $1.6M | $6.9M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,832 | +0.821% | — | $4.3M | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,769.2 | +0.012% | $584K | $487K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.1 | −0.040% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767.3 | −0.012% | $431.9M | $239.5M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.6 | −0.034% | $9.1M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766.4 | −0.024% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.Plong | +0.0050% | 1h | 7,768.2 | long leg | $9.5M | $7.6M | 25x | |
| Pacifica SP500 | +0.0100% | 1h | 7,768.1 | −0.002% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0235% | 1h | 7,764.7 | −0.045% | $548 | $24K | 10x | as long as short |
Bitget SP500USDT
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Pacifica SP500
Aftermath Perps US500USD