Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: Ondo Perps against dYdX−0.062%7-day average +0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.178%+$18 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now −0.062%, 7d avg +0.019%
=Together, before fees+0.113%+ Points / potential airdropOndo Perps: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.082% cheaper against dYdX than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of +0.019%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BTC-USD | 85,277 | 0 | get 0.0000% / 1h | 35m 47s | $16.7M | $21.4M | 50x |
| Short | Ondo Perps BTC-USD.P | 85,224 | 0.0100 | get 0.0013% / 1h | 35m 47s | $3.8M | $17.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against dYdX. 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
- $21
- Price spread: −0.062% → +0.019%
- −$8.15
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$2.15
- Costs to cover
- 0.150%
- Break-even
- 7.7 days
Slippage unknown: dYdX: live order book, 3 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 dYdX live order book, 3 min ago | 2.23 bp | 7.2 bp −$7 | 8.6 bp −$86 | 13.1 bp −$1,309 | 19.0 bp −$9,477 |
| 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.
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0082% | 1h | 85,242 | −0.041% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,249 | −0.033% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0046% | 8h | 85,232.2 | −0.053% | $927.4M | $773.9M | 125x | as long as short |
| BloFin BTC-USDT | −0.0028% | 8h | 85,236.1 | −0.048% | $421.0M | $682.0M | 150x | as long as short |
| Aster BTCUSDT | −0.0012% | 8h | 85,233.9 | −0.051% | $512.2M | $1.09B | 200x | as long as short |
| dYdX BTC-USDlong | 0.0000% | 1h | 85,277 | long leg | $16.7M | $21.4M | 50x | |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,243.1 | −0.040% | $352K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,244.1 | −0.039% | $495K | $18.5M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,241.3 | −0.042% | $36.4M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0045% | 1h | 85,233.6 | −0.051% | $24.4M | $222.5M | 50x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni BTCUSDT | +0.0049% | 1h | 85,297.3 | +0.024% | $139.5M | $314.5M | 100x | as long as short |
| Injective BTC/USDC PERP | +0.0057% | 1h | 85,247 | −0.035% | $338K | $26.8M | 52x | as long as short |
| BingX BTC-USDC | +0.0070% | 8h | 85,221.8 | −0.065% | — | $17.5M | — | as long as short |
| Deribit BTC-PERPETUAL | +0.0082% | 1h | 85,270 | −0.008% | $862.3M | $1.64B | 50x | as long as short |
| Bitget BTCUSDT | +0.0088% | 8h | 85,239.2 | −0.044% | $2.96B | $5.18B | 150x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0089% | 1h | 85,246.2 | −0.036% | $186.0M | $957.4M | 100x | as long as short |
| MEXC BTC_USDT | +0.0091% | 8h | 85,237 | −0.047% | $5.01B | $5.75B | 500x | as long as short |
| Binance BTCUSDT | +0.0092% | 8h | 85,236.5 | −0.047% | $9.42B | $24.97B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,245.4 | −0.037% | $169.9M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,249.8 | −0.032% | $23.5M | $148.0M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,227 | −0.059% | $8.4M | $56.2M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,222.9 | −0.063% | $2.4M | $6.7M | 20x | as long as short |
| SoDEX BTC-USD | +0.0097% | 1h | 85,229 | −0.056% | $59.6M | $336.9M | 40x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,238.4 | −0.045% | $5.13B | $9.99B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,206 | −0.083% | $236K | $8.6M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,289.6 | +0.015% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,313 | +0.042% | $3.74B | $5.08B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,262.8 | −0.017% | $40.2M | $604.4M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,246.4 | −0.036% | $2.59B | $12.25B | 100x | as long as short |
| Ondo Perps BTC-USD.Pshort | +0.0100% | 1h | 85,224 | −0.062% | $3.8M | $17.1M | 25x | |
| Arcus BTC-USD | +0.0100% | 1h | 85,233 | −0.052% | $5.2M | $99.4M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,278.8 | +0.002% | $682.9M | $449.0M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,240.4 | −0.043% | $5.49B | $11.00B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,227.2 | −0.058% | $36.9M | $179.2M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,207.8 | −0.081% | $154.6M | $557.8M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,212.7 | −0.075% | $279.2M | $949.9M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,291 | +0.016% | $214.2M | $166.1M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,255.1 | −0.026% | $30.0M | $203.9M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,289 | +0.014% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,226 | −0.060% | $11.0M | $14.6M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,227.6 | −0.058% | $201K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,232.3 | −0.052% | $2.6M | $9.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,269.9 | −0.008% | $193K | $795K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,214.5 | −0.073% | $29.9M | $47.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,213.2 | −0.075% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,239.2 | −0.044% | $2.25B | $970.4M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,250.6 | −0.031% | $150.9M | $509.2M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,214 | −0.074% | $44.8M | $240.7M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,241.4 | −0.042% | — | $107.1M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,279.8 | +0.003% | $117.3M | $5.46B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0127% | 1h | 85,213.4 | −0.075% | $6.6M | $147.6M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0175% / S −0.0152% | 1h | 85,237.1 | −0.047% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0186% | 8h | 85,258 | −0.022% | $11.7M | $742.0M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0193% | 1h | 85,252.3 | −0.029% | $8.7M | $42.9M | 25x | as long as short |
| Hibachi BTC/USDT-P | +0.0248% | 1h | 85,303.7 | +0.031% | $684K | $7.9M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0262% | 1h | 85,279 | +0.002% | $79K | $229K | 20x | as long as short |
Phoenix BTC
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
ApeX Omni BTCUSDT
Injective BTC/USDC PERP
BingX BTC-USDC
Deribit BTC-PERPETUAL
Bitget BTCUSDT
Kraken Futures PF_XBTUSD
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
SoDEX BTC-USD
Bybit BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Bulk BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Coinbase International BTC-PERP-INTX
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
RISEx BTC/USDC
Aftermath Perps BTCUSD