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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h −0.004%
Price spread now: tradeXYZ against Ondo Perps−0.014%7-day average −0.010% · 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−0.052%−$5 on $10k
Price spread, last 7 days−0.044%−$4 · spread now −0.014%, 7d avg −0.010%
Together, before fees−0.097%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps US500-USD.P7,768.70.0050pay 0.0006% / 1h0m 36s$9.5M$7.5M25x
ShorttradeXYZ xyz:SP5007,767.60.0050get 0.0006% / 1h0m 36s$431.6M$240.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.08
Price spread: −0.014% → −0.010%
−$0.41
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$23.49
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 10 min ago. 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 Ondo Perps no order-book sample
Sell tradeXYZ live order book, 10 min ago0.06 bp9.5 bp −$109.8 bp −$98doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,667.4−1.303%$7K$10852xas long as short
QFEX US500-USD−0.0036%1h7,769.1+0.006%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,767−0.021%$152K$219K20xas long as short
Bitget SP500USDT0.0000%8h7,771.1+0.031%$7.2M$774K50xas long as short
Variational Omni US5000.0000%8h7,742.8−0.333%$17.5M$9.3Mas long as short
Bullet US500-USD0.0000%1h7,767.5−0.015%$13K$107K10xas long as short
Lighter US500+0.0032%1h7,766−0.034%$2.2M$28.5M50xas long as short
Extended SPX500m-USD+0.0032%1h7,767.9−0.009%$3.2M$15.5M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,739.2−0.379%$1.6M$7.0M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,833+0.828%$4.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,768.1−0.007%$583K$487K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,765.3−0.043%$43K5xas long as short
tradeXYZ xyz:SP500short+0.0050%1h7,767.6−0.014%$431.6M$240.5M50x
Polymarket Perps SP500-USD+0.0050%1h7,765.7−0.038%$9.0M$2.2M50xas long as short
SoDEX US500-USD+0.0050%1h7,767.7−0.012%$1.1M$85K20xas long as short
Ondo Perps US500-USD.Plong+0.0050%1h7,768.7long leg$9.5M$7.5M25x
Pacifica SP500+0.0100%1h7,768−0.009%$261K$177K20xas long as short
Aftermath Perps US500USD+0.0231%1h7,764.9−0.049%$577$24K10xas long as short