Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.011%
Price spread now: Ondo Perps against Extended−0.009%7-day average +0.031% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.009%, 7d avg +0.031%
=Together, before fees+0.170%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.040% cheaper against Extended than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.031%). If the spread goes back, that is −$4 on $10k: about 7.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.108% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX500m-USD | 7,768.3 | 0.0032 | pay 0.0004% / 1h | 34m 15s | $3.2M | $12.6M | 25x |
| Short | Ondo Perps US500-USD.P | 7,767.6 | 0.0050 | get 0.0006% / 1h | 34m 15s | $9.5M | $8.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Extended. 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: −0.009% → +0.031%
- −$3.98
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$10.11
- Costs to cover
- 0.100%
- Break-even
- 25.3 days
Slippage unknown: Extended: live order book, 5 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 Extended live order book, 5 min ago | 1.03 bp | 4.9 bp −$5 | 7.5 bp −$75 | 22.0 bp −$2,205 | 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 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 | 7,666.6 | −1.309% | $7K | $107 | 52x | as long as short |
| QFEX US500-USD | −0.0043% | 1h | 7,767 | −0.017% | $11.9M | $2.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.4 | −0.024% | $141K | $230K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,768 | −0.004% | $7.2M | $767K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,742.3 | −0.334% | $17.5M | $8.9M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,767.1 | −0.015% | $12K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,765.6 | −0.035% | $1.9M | $28.1M | 50x | as long as short |
| Extended SPX500m-USDlong | +0.0032% | 1h | 7,768.3 | long leg | $3.2M | $12.6M | 25x | |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.9 | −0.378% | $1.6M | $7.4M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,834.1 | +0.848% | — | $4.3M | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,765.7 | −0.033% | $624K | $527K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,766.4 | −0.024% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767.1 | −0.015% | $436.7M | $233.6M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766.2 | −0.027% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766.7 | −0.020% | $1.3M | $162K | 20x | as long as short |
| Ondo Perps US500-USD.Pshort | +0.0050% | 1h | 7,767.6 | −0.009% | $9.5M | $8.2M | 25x | |
| Pacifica SP500 | +0.0100% | 1h | 7,768.2 | 0.000% | $259K | $168K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0332% | 1h | 7,767.1 | −0.016% | $509 | $29K | 10x | as long as short |
Extended SPX500m-USD
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Pacifica SP500
Aftermath Perps US500USD