Funding you earn now, next payment 08:00 UTC+0.0170%/8h= +18.7% APRpaid last 24h +0.003%
Price spread now: Ondo Perps against BloFin−0.076%7-day average −0.141% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.076%, 7d avg −0.141%
=Together, before fees+0.111%+ Points / potential airdropOndo Perps: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Ondo Perps is 0.064% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.141%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SPY-USDT | 774.10 | −0.0120 | get 0.0120% / 8h | 32m 42s | $418K | $446K | 50x |
| Short | Ondo Perps SPY-USD.P | 773.51 | 0.0050 | get 0.0006% / 1h | 32m 42s | $4.8M | $866K | 20x |
BloFin SPY-USDT
Ondo Perps SPY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against BloFin. 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
- $35.78
- Price spread: −0.076% → −0.141%
- $6.44
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $25.23
- Costs to cover
- 0.170%
- Break-even
- 2.1 days
Slippage unknown: BloFin: live order book, 48 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 48 min ago | 0.06 bp | 8.3 bp −$8 | 9.4 bp −$94 | 11.9 bp −$1,192 | 19.8 bp −$9,902 |
| 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.
SPY on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SPYUSDT | −0.0163% | 1h | 773.48 | −0.080% | $164K | $25K | 50x | as long as short |
| Phoenix SPY | −0.0155% | 1h | 774.01 | −0.012% | $160K | $254K | 20x | as long as short |
| BloFin SPY-USDTlong | −0.0120% | 8h | 774.10 | long leg | $418K | $446K | 50x | |
| Aster SPYUSDT | 0.0000% | 8h | 774.30 | +0.026% | $863K | $193K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.31 | +0.027% | $28.6M | $76.1M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.10 | 0.000% | $6.2M | $1.6M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.29 | +0.025% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.78 | −0.041% | $770K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.32 | +0.028% | $29.7M | $11.8M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.45 | +0.045% | $10.9M | $1.6M | 50x | as long as short |
ApeX Omni SPYUSDT
Phoenix SPY
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.39 | +0.037% | $169K | $341K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.38 | +0.165% | $2K | $1.3M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.87 | −0.030% | $23K | $54K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.57 | +0.061% | $300K | $38K | 50x | as long as short |
| Nado SPY-PERP | +0.0012% | 1h | 774.05 | −0.006% | $1.6M | $246K | 20x | as long as short |
| RISEx SPY/USDC | +0.0014% | 1h | 774.58 | +0.062% | $7.1M | $4.1M | 25x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0024% | 1h | 773.92 | −0.023% | $950K | $530K | 20x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.55 | +0.058% | $56.7M | $118.7M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.62 | −0.062% | $926K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.22 | −0.114% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.Pshort | +0.0050% | 1h | 773.51 | −0.076% | $4.8M | $866K | 20x | |
| Lighter SPY | +0.0096% | 1h | 774.37 | +0.035% | $8.0M | $17.8M | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.66 | −0.057% | $2.5M | $1.0M | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.15 | +0.006% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.74 | −0.047% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.32 | +0.028% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0868% | 4h | 774.14 | +0.005% | $640K | $242K | 20x | as long as short |
GRVT SPY_USDT_Perp
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Nado SPY-PERP
RISEx SPY/USDC
Coinbase International SPY-PERP-INTX
Lighter RH SPY
Arcus SPY-USD
Vest SPY-USD-PERP
Lighter SPY
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC