Funding you earn now, next payment 02:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.011%
Price spread now: Extended against Ondo Perps−0.003%7-day average −0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 7 days+0.099%+$10 · spread now −0.003%, 7d avg −0.027%
=Together, before fees−0.002%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.025% dearer against Ondo Perps than usual: you sell high and buy low (spread −0.003% now, against its 7-day average of −0.027%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days. At the pace of the last 7 days (−0.102% in total) that is about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps US500-USD.P | 7,768.9 | 0.0050 | pay 0.0006% / 1h | 13m 50s | $9.5M | $7.3M | 25x |
| Short | Extended SPX500m-USD | 7,768.7 | 0.0032 | get 0.0004% / 1h | 13m 50s | $3.2M | $15.7M | 25x |
Ondo Perps US500-USD.P
Extended SPX500m-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$3.86
- Price spread: −0.003% → −0.027%
- $2.47
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$11.39
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 5 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 Extended live order book, 5 min ago | 0.90 bp | 3.4 bp −$3 | 6.2 bp −$62 | 18.3 bp −$1,831 | 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 | 7,666.3 | −1.320% | $7K | $107 | 52x | as long as short |
| QFEX US500-USD | −0.0031% | 1h | 7,768.8 | −0.001% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,765.9 | −0.038% | $152K | $229K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,770.3 | +0.018% | $7.2M | $762K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,742.1 | −0.344% | $17.2M | $9.0M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,767.3 | −0.020% | $12K | $108K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766.1 | −0.036% | $2.2M | $28.8M | 50x | as long as short |
| Extended SPX500m-USDshort | +0.0032% | 1h | 7,768.7 | −0.003% | $3.2M | $15.7M | 25x | |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.4 | −0.392% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,833.4 | +0.830% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,769.1 | +0.003% | $545K | $449K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.5 | −0.043% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767.4 | −0.019% | $431.9M | $242.4M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766.2 | −0.034% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,767.4 | −0.019% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.Plong | +0.0050% | 1h | 7,768.9 | long leg | $9.5M | $7.3M | 25x | |
| Pacifica SP500 | +0.0100% | 1h | 7,767.7 | −0.015% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0325% | 1h | 7,765.9 | −0.038% | $458 | $22K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Pacifica SP500
Aftermath Perps US500USD