SPY funding rate on Ondo

Funding APR
-2.80%
-0.0003% / 1h
Interval
1h
next 20:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
10
listing this pair

Over the last 24.5 days, SPY funding on Ondo averaged -1.6% APR and stayed positive 72.1% of the time, ranging from -127.5% to +10.3%. Right now it pays shorts pay longs at -2.8% APR, settled every 1h across 10 venues we track. The most reliable delta-neutral pairing for SPY right now is long Nado / short Arcus at +5.1% net APR (low risk, ~0.2d to break even).

as of 2026-09-04 19:08 UTC

SPY funding history on Ondolast 25d

30d average
-1.62%
Range
-127% / 10%
% positive
72.1%
Volatility
16.2
Best delta-neutral pairing
Long Ondo / Short Arcus
+34.4% net APR
Backtested (30d)
+8.6%
Stability
62.3%
Risk
low
Breakeven
~0.3d

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
Arcus+34.56%
Nado+28.01%
Grvt+11.61%
TxFlow+10.95%
Decibel+5.26%
Aster+4.57%
Lighter RH+3.50%
Lighter+3.50%
RiseX+0.00%
Ondo-2.80%

Frequently asked

What is the current SPY funding rate on Ondo?

SPY on Ondo is funding at -2.80% APR (-0.0003% every 1h), paid shorts pay longs, as of 2026-09-04 19:08 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 Ondo and short Arcus, currently 34.4% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy