Funding you earn now, next payment 23:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.010%
Price spread now: Aster against Ondo Perps−0.019%7-day average −0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days+0.257%+$26 · spread now −0.019%, 7d avg −0.001%
=Together, before fees+0.184%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BTC-USD.P | 86,643 | 0.0100 | pay 0.0013% / 1h | 54m 21s | $3.9M | $18.6M | 25x |
| Short | Aster BTCUSDT | 86,627 | −0.0004 | pay 0.0004% / 8h | 1h 54m | $505.8M | $1.16B | 200x |
Ondo Perps BTC-USD.P
Aster BTCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Ondo Perps. 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
- −$21.83
- Price spread: −0.019% → −0.001%
- −$1.75
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$36.58
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 5 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 5 min ago | 0.01 bp | 4.0 bp −$4 | 4.1 bp −$41 | 4.8 bp −$476 | 7.5 bp −$3,747 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps BTCUSD | −0.0217% | 1h | 86,636.4 | −0.008% | $79K | $197K | 20x | as long as short |
| Phoenix BTC | −0.0103% | 1h | 86,639 | −0.005% | $2.2M | $11.8M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,653 | +0.012% | $9K | $3K | 50x | as long as short |
| dYdX BTC-USD | −0.0032% | 1h | 86,684.5 | +0.048% | $17.6M | $20.6M | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0008% | 1h | 86,664.1 | +0.024% | $359K | $2.4M | 50x | as long as short |
| Aster BTCUSDTshort | −0.0004% | 8h | 86,627 | −0.019% | $505.8M | $1.16B | 200x | |
| Perpl BTC | 0.0000% | 43m | 86,636.9 | −0.007% | $421K | $24.2M | 6.7x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,668.5 | +0.029% | $926.2M | $1.47B | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0004% | 8h | 86,629.6 | −0.015% | $851.8M | $709.6M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,626.6 | −0.019% | $36.8M | — | 200x | as long as short |
Aftermath Perps BTCUSD
Phoenix BTC
Hotstuff BTC-PERP
dYdX BTC-USD
01 Exchange BTCUSD
Perpl BTC
Deribit BTC-PERPETUAL
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx BTC/USDC | +0.0006% | 1h | 86,658.9 | +0.018% | $8.5M | $43.3M | 25x | as long as short |
| Hibachi BTC/USDT-P | +0.0008% | 1h | 86,685.8 | +0.049% | $727K | $8.1M | 30x | as long as short |
| Reya BTCRUSDPERP | +0.0022% | 1h | 86,610.2 | −0.038% | $6.7M | $144.6M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.0024% | 1h | 86,587 | −0.065% | $315K | $26.8M | 52x | as long as short |
| Phemex BTCUSDT | +0.0030% | 8h | 86,642.6 | 0.000% | $149.8M | $473.0M | 150x | as long as short |
| BingX BTC-USDT | +0.0030% | 8h | 86,601.5 | −0.048% | — | $1.59B | — | as long as short |
| Bitget BTCUSDT | +0.0038% | 8h | 86,620.9 | −0.026% | $2.95B | $5.09B | 150x | as long as short |
| Aevo BTC-PERP | +0.0056% | 1h | 86,646.5 | +0.004% | $2.4M | $1.3M | 20x | as long as short |
| MEXC BTC_USDT | +0.0059% | 8h | 86,620.1 | −0.026% | $5.19B | $5.61B | 500x | as long as short |
| Binance BTCUSDT | +0.0060% | 8h | 86,608.4 | −0.040% | $9.43B | $24.39B | 150x | as long as short |
| Gate BTC_USDT | +0.0083% | 8h | 86,602.5 | −0.047% | $5.85B | $10.61B | 200x | as long as short |
| Bybit BTCUSDT | +0.0087% | 8h | 86,605.6 | −0.043% | $5.27B | $9.74B | 150x | as long as short |
| SoDEX BTC-USD | +0.0088% | 1h | 86,640 | −0.003% | $60.5M | $336.7M | 40x | as long as short |
| Nado BTC-PERP | +0.0096% | 1h | 86,662.7 | +0.023% | $21.6M | $234.4M | 50x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,674.3 | +0.036% | $172.2M | $996.8M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,683.9 | +0.047% | $24.1M | $151.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,644 | +0.001% | $8.5M | $52.3M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,643 | 0.000% | $201K | $6.9M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,698.1 | +0.064% | $4.8M | $8.3M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,701 | +0.067% | $3.81B | $5.08B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,697.7 | +0.063% | $41.1M | $499.4M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,605.5 | −0.043% | $2.55B | $12.73B | 100x | as long as short |
| Ondo Perps BTC-USD.Plong | +0.0100% | 1h | 86,643 | long leg | $3.9M | $18.6M | 25x | |
| Arcus BTC-USD | +0.0100% | 1h | 86,724.9 | +0.095% | $7.4M | $94.0M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,590.2 | −0.061% | $572.1M | $20.3M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,646.8 | +0.004% | $38.3M | $152.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,582.6 | −0.070% | $156.4M | $568.8M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,554.6 | −0.102% | $279.5M | $940.9M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,561 | −0.095% | $217.2M | $183.6M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,556.4 | −0.100% | $141.5M | $322.9M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,647.8 | +0.006% | $30.7M | $203.0M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,680.9 | +0.044% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,632 | −0.013% | $11.1M | $13.8M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,607.9 | −0.041% | $193K | $3.4M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,614.1 | −0.033% | $2.5M | $8.6M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,665.4 | +0.026% | $141K | $618K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,638.5 | −0.005% | $30.0M | $61.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,624.2 | −0.022% | $3.4M | $5.5M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,645.2 | +0.003% | $2.30B | $960.5M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,643.2 | 0.000% | $46.4M | $226.5M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,674.6 | +0.036% | — | $98.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 86,677.8 | +0.040% | $131.8M | $5.81B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,676.4 | +0.038% | $191.5M | $937.5M | 100x | as long as short |
| BloFin BTC-USDT | +0.0180% | 8h | 86,642.7 | 0.000% | $417.2M | $655.6M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0180% / S −0.0210% | 1h | 86,619.9 | −0.027% | $15.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0183% | 8h | 86,663 | +0.023% | $9.7M | $726.6M | 6.4x | as long as short |
RISEx BTC/USDC
Hibachi BTC/USDT-P
Reya BTCRUSDPERP
Injective BTC/USDC PERP
Phemex BTCUSDT
BingX BTC-USDT
Bitget BTCUSDT
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
Gate BTC_USDT
Bybit BTCUSDT
SoDEX BTC-USD
Nado BTC-PERP
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP