SPY funding rate on Ondo

Funding APR
+5.52%
0.0006% / 1h
Interval
1h
next 15:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
12
listing this pair

Over the last 30 days, SPY funding on Ondo averaged +3.4% APR and stayed positive 83.9% of the time, ranging from -41.8% to +202.8%. Right now it pays longs pay shorts at +5.5% APR, settled every 1h across 12 venues we track. The most reliable delta-neutral pairing for SPY right now is long Variational / short Decibel at +5.2% net APR (low risk, ~1d to break even).

as of 2026-10-19 14:43 UTC

SPY funding history on Ondolast 30d

30d average
+3.40%
Range
-42% / 203%
% positive
83.9%
Volatility
10.9
Best delta-neutral pairing
Long Variational / Short Decibel
+5.2% net APR
Backtested (30d)
+12.4%
Stability
92.9%
Risk
low
Breakeven
~1d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How SPY funding compares across venues

ExchangeFunding APR
Phoenix+30.85%
Grvt+17.74%
Decibel+7.88%
Ondo+5.52%
Nado+5.41%
Lighter RH+3.50%
Lighter+3.50%
TxFlow+2.19%
RiseX+0.00%
Variational+0.00%
Aster+0.00%
Arcus-21.44%

Frequently asked

What is the current SPY funding rate on Ondo?

SPY on Ondo is funding at 5.52% APR (0.0006% every 1h), paid longs pay shorts, as of 2026-10-19 14:43 UTC.

How often does Ondo pay funding on SPY?

Every 1 hour.

How do I earn SPY funding without price risk?

Open a delta-neutral position: long Variational and short Decibel, currently 5.2% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy