Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Ondo Perps against Bullet−0.008%46s7-day average +0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.008%, 7d avg +0.006%
=Together, before fees+0.050%+ Points / potential airdropOndo Perps: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet US500-USD | 7,769.1 | 0 | get 0.0000% / 1h | 4m 34s | $13K | $104K | 10x |
| Short | Ondo Perps US500-USD.P | 7,768.5 | 0.0050 | get 0.0006% / 1h | 4m 34s | $9.5M | $8.7M | 25x |
Bullet US500-USD
Ondo Perps US500-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bullet. 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: −0.008% → +0.006%
- −$1.39
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$3.81
- Costs to cover
- 0.130%
- Break-even
- 9.5 days
Slippage unknown: Bullet: live order book, 47 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 Bullet live order book, 47 min ago | 0.51 bp | 6.2 bp −$6 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| 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.
SP500 on 18 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps SP500-USD | −0.0057% | 1h | 7,766 | −0.040% | $9.2M | $5.3M | 50x | as long as short |
| QFEX US500-USD | −0.0052% | 1h | 7,768.2 | −0.011% | $9.9M | $3.4M | 30x | as long as short |
| Extended SPX500m-USD | −0.0024% | 1h | 7,770.4 | +0.017% | $3.2M | $10.0M | 25x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,770.5 | +0.018% | $131K | $241K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,765.2 | −0.050% | $7.2M | $527K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,744.5 | −0.316% | $17.5M | $6.1M | — | as long as short |
| Bullet US500-USDlong | 0.0000% | 1h | 7,769.1 | long leg | $13K | $104K | 10x | |
| tradeXYZ xyz:SP500 | +0.0028% | 1h | 7,769.6 | +0.007% | $425.4M | $238.5M | 50x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,767.4 | −0.021% | $2.0M | $29.5M | 50x | as long as short |
| Injective US500/USDC PERP | +0.0033% | 1h | 7,658 | −1.430% | $7K | $101 | 52x | as long as short |
Polymarket Perps SP500-USD
QFEX US500-USD
Extended SPX500m-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
tradeXYZ xyz:SP500
Lighter US500
Injective US500/USDC PERPShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,740.9 | −0.363% | $1.4M | $8.2M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,835.8 | +0.858% | — | $4.3M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,771.1 | +0.026% | $625K | $508K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,768.4 | −0.009% | $43K | — | 5x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,767.2 | −0.024% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.Pshort | +0.0050% | 1h | 7,768.5 | −0.008% | $9.5M | $8.7M | 25x | |
| Pacifica SP500 | +0.0100% | 1h | 7,769.9 | +0.011% | $259K | $174K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0320% | 1h | 7,763.1 | −0.077% | $446 | $30K | 10x | as long as short |
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERP
Popdex US500USDT
Paradex US500-USD-PERP
SoDEX US500-USD
Pacifica SP500
Aftermath Perps US500USD