Funding you earn now, next payment 06:00 UTC−0.0153%/8h= −16.8% APRpaid last 24h −0.017%
Price spread now: KuCoin against Ondo Perps−0.013%7-day average −0.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 7 days+0.112%+$11 · spread now −0.013%, 7d avg −0.013%
=Together, before fees+0.011%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$5 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 | 85,511 | 0.0100 | pay 0.0013% / 1h | 12m 01s | $3.8M | $17.5M | 25x |
| Short | KuCoin XBTUSDTM | 85,500.1 | −0.0053 | pay 0.0053% / 8h | 2h 12m | $928.7M | $767.4M | 125x |
Ondo Perps BTC-USD.P
KuCoin XBTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$32.13
- Price spread: −0.013% → −0.013%
- −$0.01
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$49.14
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.5 bp −$751 | doesn't fit |
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 | 85,507.6 | −0.004% | $526K | $18.3M | 6.7x | as long as short |
| Phoenix BTC | −0.0111% | 1h | 85,391 | −0.140% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,453 | −0.068% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTMshort | −0.0053% | 8h | 85,500.1 | −0.013% | $928.7M | $767.4M | 125x | |
| BloFin BTC-USDT | −0.0028% | 8h | 85,488.1 | −0.027% | $419.5M | $683.0M | 150x | as long as short |
| Aster BTCUSDT | −0.0009% | 8h | 85,515.9 | +0.006% | $514.3M | $1.09B | 200x | as long as short |
| 01 Exchange BTCUSD | −0.0008% | 1h | 85,516.5 | +0.006% | $355K | $2.4M | 50x | as long as short |
| dYdX BTC-USD | +0.0002% | 1h | 85,495.5 | −0.018% | $16.8M | $21.4M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,521.7 | +0.013% | $36.5M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 85,349 | −0.189% | $339K | $26.8M | 52x | as long as short |
Perpl BTC
Phoenix BTC
Hotstuff BTC-PERP
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 | +0.0042% | 1h | 85,499.9 | −0.013% | $24.8M | $222.4M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0056% | 1h | 85,531.5 | +0.024% | $187.6M | $953.6M | 100x | as long as short |
| BingX BTC-USDT | +0.0069% | 8h | 85,524.2 | +0.015% | — | $1.56B | — | as long as short |
| Phemex BTCUSDT | +0.0074% | 8h | 85,505 | −0.007% | $148.2M | $505.9M | 150x | as long as short |
| Bitget BTCUSDT | +0.0086% | 8h | 85,521.3 | +0.012% | $2.95B | $5.17B | 150x | as long as short |
| MEXC BTC_USDT | +0.0092% | 8h | 85,524 | +0.015% | $5.00B | $5.75B | 500x | as long as short |
| Binance BTCUSDT | +0.0094% | 8h | 85,525.9 | +0.017% | $9.46B | $24.89B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,528 | +0.020% | $171.5M | $1.03B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,533.2 | +0.026% | $23.8M | $149.0M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,508 | −0.004% | $8.3M | $55.8M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,511.4 | 0.000% | $2.4M | $6.7M | 20x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0096% | 1h | 85,551.9 | +0.048% | $117.1M | $5.43B | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,479 | −0.037% | $238K | $8.6M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,552.2 | +0.048% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,601 | +0.105% | $3.76B | $5.08B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,529.4 | +0.022% | $40.1M | $597.7M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,517.9 | +0.008% | $5.16B | $9.95B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,534.4 | +0.027% | $2.59B | $12.24B | 100x | as long as short |
| Ondo Perps BTC-USD.Plong | +0.0100% | 1h | 85,511 | long leg | $3.8M | $17.5M | 25x | |
| Arcus BTC-USD | +0.0100% | 1h | 85,506.7 | −0.005% | $4.6M | $98.8M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,501.7 | −0.011% | $682.6M | $531.9M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,523 | +0.014% | $5.49B | $11.05B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,516.4 | +0.006% | $36.5M | $176.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,365.9 | −0.170% | $154.5M | $559.9M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,376.5 | −0.157% | $279.7M | $951.2M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,394.8 | −0.136% | $214.5M | $167.1M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,392.6 | −0.138% | $139.6M | $314.7M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,415.7 | −0.111% | $30.1M | $208.0M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,567.2 | +0.066% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,503 | −0.009% | $11.0M | $14.4M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,517.9 | +0.008% | $204K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,518.7 | +0.009% | $2.6M | $9.7M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,565.6 | +0.064% | $228K | $760K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,492 | −0.022% | $30.0M | $48.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,469.5 | −0.049% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,520 | +0.011% | $59.9M | $336.2M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,499.9 | −0.013% | $2.26B | $941.7M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,497.4 | −0.016% | $44.4M | $240.7M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,522.4 | +0.013% | — | $106.9M | 500x | as long as short |
| Deribit BTC-PERPETUAL | +0.0109% | 1h | 85,553.1 | +0.049% | $867.0M | $1.61B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0118% | 1h | 85,509.7 | −0.002% | $6.6M | $147.5M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,516.3 | +0.006% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0203% | 8h | 85,529 | +0.021% | $11.6M | $742.9M | 6.4x | as long as short |
| Aftermath Perps BTCUSD | +0.0216% | 1h | 85,403 | −0.126% | $79K | $227K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0232% | 1h | 85,468.7 | −0.049% | $689K | $8.0M | 30x | as long as short |
| RISEx BTC/USDC | +0.0257% | 1h | 85,527.3 | +0.019% | $8.7M | $43.2M | 25x | as long as short |
Nado BTC-PERP
Kraken Futures PF_XBTUSD
BingX BTC-USDT
Phemex BTCUSDT
Bitget BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
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
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
SoDEX BTC-USD
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Deribit BTC-PERPETUAL
Reya BTCRUSDPERP
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
RISEx BTC/USDC