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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against Ondo Perps−0.040%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.040% cheaper against Ondo Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps US500-USD.P7,766.70.0050pay 0.0006% / 1h11m 03s$9.5M$7.6M25x
ShortParadex US500-USD-PERP7,763.60.0050get 0.0050% / 8h4h 11m$43K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Ondo Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.08
Price spread: −0.040% → 0.000%
−$4
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$13.08
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Paradex: 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 Ondo Perps no order-book sample
Sell Paradex no order-book sample
Ondo Perps and Paradex: 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%1h7,665.2−1.307%$7K$10852xas long as short
QFEX US500-USD−0.0029%1h7,766.3−0.005%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,765.3−0.018%$151K$224K20xas long as short
Bitget SP500USDT0.0000%8h7,771.3+0.059%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,740.9−0.332%$17.5M$9.4Mas long as short
Bullet US500-USD0.0000%1h7,766−0.009%$12K$106K10xas long as short
Lighter US500+0.0032%1h7,764.7−0.026%$2.2M$28.8M50xas long as short
Extended SPX500m-USD+0.0032%1h7,766.4−0.004%$3.2M$15.1M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,737.9−0.371%$1.6M$6.9M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,831.5+0.834%$4.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,767.8+0.014%$584K$487K20xas long as short
Paradex US500-USD-PERPshort+0.0050%8h7,763.6−0.040%$43K5x
tradeXYZ xyz:SP500+0.0050%1h7,765.9−0.010%$431.7M$239.4M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,764.6−0.027%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,765.7−0.013%$1.1M$85K20xas long as short
Ondo Perps US500-USD.Plong+0.0050%1h7,766.7long leg$9.5M$7.6M25x
Pacifica SP500+0.0100%1h7,766.6−0.002%$261K$177K20xas long as short
Aftermath Perps US500USD+0.0224%1h7,764.9−0.023%$526$24K10xas long as short