Funding you earn now, next payment 05:00 UTC+0.0170%/8h= +18.7% APRpaid last 24h +0.004%
Price spread now: Ondo Perps against BloFin−0.158%95s7-day average −0.142% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.158%, 7d avg −0.142%
=Together, before fees+0.187%+ Points / potential airdropOndo Perps: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.142%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 95 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 | BloFin SPY-USDT | 774.25 | −0.0120 | get 0.0120% / 8h | 3h 39m | $416K | $468K | 50x |
| Short | Ondo Perps SPY-USD.P | 773.03 | 0.0050 | get 0.0006% / 1h | 39m 28s | $4.8M | $839K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against BloFin. 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
- $35.78
- Price spread: −0.158% → −0.142%
- −$1.53
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $17.25
- Costs to cover
- 0.170%
- Break-even
- 3.6 days
Slippage unknown: BloFin: live order book, 56 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 BloFin live order book, 56 min ago | 0.06 bp | 6.1 bp −$6 | 6.4 bp −$64 | 9.0 bp −$897 | 15.2 bp −$7,599 |
| 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.
SPY on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPY-USDTlong | −0.0120% | 8h | 774.25 | long leg | $416K | $468K | 50x | |
| Phoenix SPY | −0.0010% | 1h | 773.71 | −0.070% | $161K | $295K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.13 | −0.015% | $28.1M | $79.3M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.15 | −0.013% | $6.3M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.06 | −0.025% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.66 | −0.076% | $775K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.16 | −0.012% | $29.0M | $12.4M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.32 | +0.009% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.29 | +0.006% | $163K | $374K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.24 | +0.128% | $2K | $1.4M | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SPY-USDT | 0.0000% | 8h | 774.29 | +0.005% | $308K | $20K | 50x | as long as short |
| Aster SPYUSDT | +0.0019% | 8h | 774.12 | −0.017% | $864K | $194K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0028% | 1h | 773.48 | −0.099% | $163K | $24K | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.46 | −0.102% | $928K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.05 | −0.155% | — | $123K | 50x | as long as short |
| Nado SPY-PERP | +0.0047% | 1h | 773.83 | −0.054% | $1.5M | $285K | 20x | as long as short |
| Lighter RH SPY | +0.0048% | 1h | 774.47 | +0.028% | $56.4M | $116.5M | 50x | as long as short |
| Ondo Perps SPY-USD.Pshort | +0.0050% | 1h | 773.03 | −0.158% | $4.8M | $839K | 20x | |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.05 | −0.026% | $954K | $552K | 20x | as long as short |
| Lighter SPY | +0.0096% | 1h | 774.24 | −0.001% | $8.2M | $19.2M | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.46 | −0.102% | $2.5M | $972K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.12 | −0.017% | $1K | — | 20x | as long as short |
| RISEx SPY/USDC | +0.0100% | 1h | 774.31 | +0.007% | $7.0M | $5.0M | 25x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.59 | −0.085% | $87K | — | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0164% | 1h | 774.06 | −0.025% | $23K | $56K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.17 | −0.010% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0699% | 4h | 774.09 | −0.021% | $640K | $241K | 20x | as long as short |
BloFin SPY-USDT
Phoenix SPY
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
HTX SPY-USDT
Aster SPYUSDT
ApeX Omni SPYUSDT
Lighter RH SPY
Coinbase International SPY-PERP-INTX
Lighter SPY
KuCoin SPYUSDTM
RISEx SPY/USDC
Deribit SPY_USDC-PERPETUAL
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC