Funding you earn now, next payment 06:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Popdex against Ondo Perps+0.006%7-day average +0.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.006%, 7d avg +0.020%
=Together, before fees+0.033%+ Points / potential airdropOndo Perps: Active · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps US500-USD.P | 7,771.7 | 0.0050 | pay 0.0006% / 1h | 9m 51s | $9.5M | $7.9M | 25x |
| Short | Popdex US500USDT | 7,772.1 | 0.0048 | get 0.0006% / 1h | 9m 51s | $625K | $528K | 20x |
Ondo Perps US500-USD.P
Popdex US500USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$0.5
- Price spread: +0.006% → +0.020%
- −$1.4
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$13.3
- Costs to cover
- 0.114%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Popdex: live order book, 39 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 Popdex live order book, 39 min ago | 0.51 bp | 3.7 bp −$4 | 3.8 bp −$38 | 7.2 bp −$717 | 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 | 7,665.8 | −1.362% | $7K | $108 | 52x | as long as short |
| QFEX US500-USD | −0.0033% | 1h | 7,771.5 | −0.002% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.9 | −0.061% | $141K | $231K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,770 | −0.021% | $7.2M | $776K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,744.6 | −0.348% | $17.5M | $9.6M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,770.1 | −0.020% | $13K | $104K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,769.4 | −0.029% | $2.0M | $28.6M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,771.9 | +0.003% | $3.2M | $14.6M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,740 | −0.407% | $1.6M | $7.2M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,836.8 | +0.838% | — | $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
Extended SPX500m-USD
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 US500USDTshort | +0.0048% | 1h | 7,772.1 | +0.006% | $625K | $528K | 20x | |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,768.8 | −0.037% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,770.9 | −0.010% | $431.9M | $234.7M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,769.6 | −0.026% | $9.1M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,771 | −0.008% | $1.1M | $69K | 20x | as long as short |
| Ondo Perps US500-USD.Plong | +0.0050% | 1h | 7,771.7 | long leg | $9.5M | $7.9M | 25x | |
| Pacifica SP500 | +0.0100% | 1h | 7,770.4 | −0.016% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0225% | 1h | 7,767 | −0.059% | $471 | $27K | 10x | as long as short |
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Pacifica SP500
Aftermath Perps US500USD