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

SP500

RWAall SP500 markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SPX500m-USD7,768.30.0032pay 0.0004% / 1h34m 15s$3.2M$12.6M25x
ShortOndo Perps US500-USD.P7,767.60.0050get 0.0006% / 1h34m 15s$9.5M$8.2M25x

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

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latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 5 min ago1.03 bp4.9 bp −$57.5 bp −$7522.0 bp −$2,205doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,666.6−1.309%$7K$10752xas long as short
QFEX US500-USD−0.0043%1h7,767−0.017%$11.9M$2.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.4−0.024%$141K$230K20xas long as short
Bitget SP500USDT0.0000%8h7,768−0.004%$7.2M$767K50xas long as short
Variational Omni US5000.0000%8h7,742.3−0.334%$17.5M$8.9Mas long as short
Bullet US500-USD0.0000%1h7,767.1−0.015%$12K$105K10xas long as short
Lighter US500+0.0032%1h7,765.6−0.035%$1.9M$28.1M50xas long as short
Extended SPX500m-USDlong+0.0032%1h7,768.3long leg$3.2M$12.6M25x
Markets by Kinetiq mkts:US500+0.0046%1h7,738.9−0.378%$1.6M$7.4M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,834.1+0.848%$4.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,765.7−0.033%$624K$527K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,766.4−0.024%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,767.1−0.015%$436.7M$233.6M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,766.2−0.027%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,766.7−0.020%$1.3M$162K20xas long as short
Ondo Perps US500-USD.Pshort+0.0050%1h7,767.6−0.009%$9.5M$8.2M25x
Pacifica SP500+0.0100%1h7,768.20.000%$259K$168K20xas long as short
Aftermath Perps US500USD+0.0332%1h7,767.1−0.016%$509$29K10xas long as short