Funding you earn now, next payment 06:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.03 per $10,000 · paid last 24h −0.003%
Price spread now: Ondo Perps against Vest−0.013%7-day average −0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.013%, 7d avg −0.035%
=Together, before fees+0.024%+ Points / potential airdropVest: Active · Ondo Perps: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.022% dearer against Vest than usual: you sell high and buy low (spread −0.013% now, against its 7-day average of −0.035%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SPY-USD-PERP | 773.59 | 0.0046 | pay 0.0006% / 1h | 9m 10s | — | $123K | 50x |
| Short | Ondo Perps SPY-USD.P | 773.49 | 0.0022 | get 0.0003% / 1h | 9m 10s | $4.7M | $832K | 20x |
Vest SPY-USD-PERP
Ondo Perps SPY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Vest. 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
- −$4.89
- Price spread: −0.013% → −0.035%
- $2.17
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$9.72
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Vest and 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-USDT | −0.0120% | 8h | 774.09 | +0.065% | $416K | $473K | 50x | as long as short |
| Phoenix SPY | −0.0103% | 1h | 774.03 | +0.057% | $161K | $295K | 20x | as long as short |
| Nado SPY-PERP | −0.0056% | 1h | 774.39 | +0.103% | $1.6M | $262K | 20x | as long as short |
| ApeX Omni SPYUSDT | −0.0020% | 1h | 773.35 | −0.031% | $164K | $25K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.41 | +0.106% | $864K | $195K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.54 | +0.122% | $28.5M | $79.6M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.53 | +0.122% | $6.2M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.52 | +0.120% | $8.0M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.10 | +0.066% | $770K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.53 | +0.122% | $29.7M | $12.5M | 100x | as long as short |
BloFin SPY-USDT
Phoenix SPY
Nado SPY-PERP
ApeX Omni SPYUSDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPYUSDT | 0.0000% | 8h | 774.71 | +0.145% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.59 | +0.129% | $169K | $350K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.71 | +0.274% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.47 | +0.114% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.24 | +0.084% | $300K | $37K | 50x | as long as short |
| RISEx SPY/USDC | +0.0007% | 1h | 774.78 | +0.153% | $7.0M | $4.5M | 25x | as long as short |
| Ondo Perps SPY-USD.Pshort | +0.0022% | 1h | 773.49 | −0.013% | $4.7M | $832K | 20x | |
| Arcus SPY-USD | +0.0040% | 1h | 773.70 | +0.014% | $928K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERPlong | +0.0046% | 1h | 773.59 | long leg | — | $123K | 50x | |
| Lighter RH SPY | +0.0048% | 1h | 774.92 | +0.172% | $56.3M | $119.8M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0048% | 1h | 773.77 | +0.023% | $950K | $558K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.75 | +0.021% | $2.5M | $976K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.45 | +0.111% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 774.00 | +0.053% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0112% | 1h | 774.67 | +0.140% | $8.2M | $19.4M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.58 | +0.127% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0725% | 4h | 774.44 | +0.110% | $640K | $241K | 20x | as long as short |
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
RISEx SPY/USDC
Arcus SPY-USD
Lighter RH SPY
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
Lighter SPY
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC