Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: edgeX against Ondo Perps−0.095%7-day average −0.051% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.240%−$24 on $10k
+Price spread, last 7 days+0.170%+$17 · spread now −0.095%, 7d avg −0.051%
=Together, before fees−0.069%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.045% cheaper against Ondo Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BTC-USD.P | 85,323 | 0.0100 | pay 0.0013% / 1h | 18m 47s | $3.8M | $17.5M | 25x |
| Short | edgeX BTCUSDC | 85,241.6 | 0.0100 | get 0.0050% / 4h | 2h 18m | $279.4M | $948.2M | 100x |
Ondo Perps BTC-USD.P
edgeX BTCUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $0
- Price spread: −0.095% → −0.051%
- −$4.47
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$18.47
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; edgeX: 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 edgeX live order book, 5 min ago | 0.01 bp | 4.5 bp −$5 | 4.5 bp −$45 | 5.0 bp −$499 | 5.9 bp −$2,965 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl BTC | −0.0112% | 43m | 85,327.8 | +0.006% | $527K | $18.4M | 6.7x | as long as short |
| Phoenix BTC | −0.0111% | 1h | 85,308 | −0.018% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,339 | +0.019% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0054% | 8h | 85,340.1 | +0.020% | $923.0M | $765.1M | 125x | as long as short |
| BloFin BTC-USDT | −0.0033% | 8h | 85,351 | +0.033% | $420.0M | $681.5M | 150x | as long as short |
| Aster BTCUSDT | −0.0015% | 8h | 85,336 | +0.015% | $512.8M | $1.09B | 200x | as long as short |
| 01 Exchange BTCUSD | −0.0008% | 1h | 85,341.2 | +0.021% | $354K | $2.4M | 50x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,297 | −0.030% | $16.7M | $21.4M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,362.6 | +0.046% | $36.5M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 85,225 | −0.115% | $338K | $26.8M | 52x | as long as short |
Perpl BTC
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
01 Exchange BTCUSD
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERPShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado BTC-PERP | +0.0037% | 1h | 85,317 | −0.007% | $24.8M | $222.4M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0056% | 1h | 85,366.1 | +0.050% | $187.7M | $954.1M | 100x | as long as short |
| BingX BTC-USDC | +0.0068% | 8h | 85,319.5 | −0.004% | — | $17.5M | — | as long as short |
| Phemex BTCUSDT | +0.0073% | 8h | 85,355 | +0.038% | $147.6M | $505.2M | 150x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,352.6 | +0.035% | $2.4M | $6.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0086% | 8h | 85,347.9 | +0.029% | $5.04B | $5.74B | 500x | as long as short |
| Bitget BTCUSDT | +0.0086% | 8h | 85,343.6 | +0.024% | $2.96B | $5.16B | 150x | as long as short |
| Binance BTCUSDT | +0.0087% | 8h | 85,352.9 | +0.035% | $9.43B | $24.85B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,354.1 | +0.036% | $171.1M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,359.7 | +0.043% | $23.7M | $148.8M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,333 | +0.012% | $8.3M | $55.8M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0096% | 1h | 85,383.4 | +0.071% | $117.1M | $5.41B | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,305 | −0.021% | $238K | $8.6M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,380.2 | +0.067% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,421 | +0.115% | $3.75B | $5.07B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,350.1 | +0.032% | $40.0M | $597.7M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,343.2 | +0.024% | $5.14B | $9.95B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,351.9 | +0.034% | $2.58B | $12.20B | 100x | as long as short |
| Ondo Perps BTC-USD.Plong | +0.0100% | 1h | 85,323 | long leg | $3.8M | $17.5M | 25x | |
| Arcus BTC-USD | +0.0100% | 1h | 85,331.9 | +0.010% | $4.6M | $99.1M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,163.7 | −0.187% | $678.5M | $565.0M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,350.7 | +0.032% | $5.51B | $11.02B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,361.8 | +0.045% | $36.4M | $176.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,218.8 | −0.122% | $154.2M | $561.4M | — | as long as short |
| edgeX BTCUSDCshort | +0.0100% | 4h | 85,241.6 | −0.095% | $279.4M | $948.2M | 100x | |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,107.4 | −0.253% | $213.8M | $166.1M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,093.4 | −0.269% | $139.1M | $315.0M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,285.1 | −0.044% | $30.1M | $207.6M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,398.7 | +0.089% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,350 | +0.032% | $11.0M | $14.4M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,359 | +0.042% | $205K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,360.3 | +0.044% | $2.6M | $9.6M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,408.2 | +0.100% | $228K | $760K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,333.4 | +0.012% | $30.0M | $48.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,283 | −0.047% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,359 | +0.042% | $59.8M | $336.2M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,346.8 | +0.028% | $2.26B | $941.4M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,325.6 | +0.003% | $45.0M | $239.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,364 | +0.048% | — | $106.8M | 500x | as long as short |
| Reya BTCRUSDPERP | +0.0117% | 1h | 85,343.9 | +0.025% | $6.6M | $147.4M | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.0131% | 1h | 85,394.7 | +0.084% | $866.9M | $1.61B | 50x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,359.3 | +0.043% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0188% | 8h | 85,356 | +0.039% | $11.6M | $743.2M | 6.4x | as long as short |
| Aftermath Perps BTCUSD | +0.0223% | 1h | 85,243 | −0.094% | $78K | $227K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0232% | 1h | 85,319.8 | −0.004% | $688K | $8.0M | 30x | as long as short |
| RISEx BTC/USDC | +0.0257% | 1h | 85,353 | +0.035% | $8.7M | $43.2M | 25x | as long as short |
Nado BTC-PERP
Kraken Futures PF_XBTUSD
BingX BTC-USDC
Phemex BTCUSDT
Aevo BTC-PERP
MEXC BTC_USDT
Bitget BTCUSDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Coinbase International BTC-PERP-INTX
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
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
SoDEX BTC-USD
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Reya BTCRUSDPERP
Deribit BTC-PERPETUAL
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
RISEx BTC/USDC