Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against OKX−0.006%48s7-day average −0.069% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.556%−$56 on $10k
+Price spread, last 4 days (all we have)−0.121%−$12 · spread now −0.006%, 7d avg −0.069%
=Together, before fees−0.677%+ Points / potential airdropOndo Perps: Active · farm board−$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.063% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.069%. Mind the row above: over the last 7 days funding on this pair cost −0.556%, so the current rate has only just turned in your favour. The two prices were read 48 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 | OKX US500-USDT-SWAP | 7,772 | 0 | get 0.0000% / 8h | 7h 45m | $152K | $248K | 20x |
| Short | Ondo Perps US500-USD.P | 7,771.6 | 0.0050 | get 0.0006% / 1h | 45m 51s | $9.5M | $7.0M | 25x |
OKX US500-USDT-SWAP
Ondo Perps US500-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against OKX. 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: −0.006% → −0.069%
- $6.31
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $1.9
- Costs to cover
- 0.150%
- Break-even
- 5.7 days
Slippage unknown: OKX: live order book, 24 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 OKX live order book, 24 min ago | 0.90 bp | 40.5 bp −$41 | doesn't fit | 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 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 | 7,667.9 | −1.339% | $7K | $104 | 52x | as long as short |
| QFEX US500-USD | −0.0045% | 1h | 7,772.7 | +0.009% | $11.8M | $3.1M | 30x | as long as short |
| OKX US500-USDT-SWAPlong | 0.0000% | 8h | 7,772 | long leg | $152K | $248K | 20x | |
| Bitget SP500USDT | 0.0000% | 8h | 7,772.3 | +0.004% | $7.2M | $789K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,746.6 | −0.326% | $17.2M | $8.9M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,771 | −0.013% | $13K | $108K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,768.9 | −0.040% | $2.2M | $28.6M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,771.5 | −0.006% | $3.2M | $13.7M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,742.1 | −0.385% | $1.6M | $7.1M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,835.8 | +0.820% | — | $3.6M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,773 | +0.013% | $545K | $440K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,768.8 | −0.041% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,770.8 | −0.015% | $436.4M | $246.8M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,768.6 | −0.044% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,770.2 | −0.023% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.Pshort | +0.0050% | 1h | 7,771.6 | −0.006% | $9.5M | $7.0M | 25x | |
| Pacifica SP500 | +0.0100% | 1h | 7,771.1 | −0.012% | $258K | $175K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0160% | 1h | 7,767.5 | −0.058% | $459 | $21K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Pacifica SP500
Aftermath Perps US500USD