Funding you earn now, next payment 09:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.14 per $10,000 · paid last 24h −0.038%
Price spread now: 01 Exchange against Ondo Perps+0.005%7-day average −0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.111%−$11 on $10k
+Price spread, last 7 days+0.139%+$14 · spread now +0.005%, 7d avg −0.018%
=Together, before fees+0.028%+ Points / potential airdropOndo Perps: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. 01 Exchange is 0.023% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.018%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BTC-USD.P | 85,977 | 0.0100 | pay 0.0013% / 1h | 16m 08s | $3.9M | $16.5M | 25x |
| Short | 01 Exchange BTCUSD | 85,981.2 | −0.0008 | pay 0.0001% / 1h | 16m 08s | $354K | $2.1M | 50x |
Ondo Perps BTC-USD.P
01 Exchange BTCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$22.68
- Price spread: +0.005% → −0.018%
- $2.27
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$32.41
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; 01 Exchange: live order book, 3 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 01 Exchange live order book, 3 min ago | 0.10 bp | 4.9 bp −$5 | 10.0 bp −$100 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0549% | 1h | 86,121.7 | +0.168% | $195K | $684K | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,949 | −0.033% | $8K | $2K | 50x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,950 | −0.031% | $424.0M | $623.5M | 150x | as long as short |
| 01 Exchange BTCUSDshort | −0.0008% | 1h | 85,981.2 | +0.005% | $354K | $2.1M | 50x | |
| Injective BTC/USDC PERP | −0.0006% | 1h | 85,924 | −0.062% | $308K | $26.8M | 52x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,960 | −0.020% | $36.8M | — | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0025% | 8h | 86,062.1 | +0.099% | $924.2M | $687.1M | 125x | as long as short |
| Aster BTCUSDT | +0.0043% | 8h | 86,024.4 | +0.055% | $506.3M | $995.4M | 200x | as long as short |
| dYdX BTC-USD | +0.0044% | 1h | 85,967.8 | −0.011% | $16.8M | $19.5M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0068% | 1h | 86,088.9 | +0.130% | $188.5M | $874.1M | 100x | as long as short |
Bluefin BTC-PERP
Hotstuff BTC-PERP
BloFin BTC-USDT
Injective BTC/USDC PERP
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTM
Aster BTCUSDT
dYdX BTC-USD
Kraken Futures PF_XBTUSDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | +0.0075% | 1h | 85,933 | −0.051% | $2.3M | $10.4M | 40x | as long as short |
| BingX BTC-USDT | +0.0080% | 8h | 86,024.9 | +0.056% | — | $1.48B | — | as long as short |
| Nado BTC-PERP | +0.0086% | 1h | 85,974.1 | −0.003% | $22.4M | $210.2M | 50x | as long as short |
| Bybit BTCUSDT | +0.0089% | 8h | 86,053.1 | +0.089% | $5.11B | $9.17B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,078.6 | +0.118% | $173.1M | $960.0M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,082.7 | +0.123% | $23.2M | $136.6M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,974 | −0.003% | $8.8M | $52.3M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 86,068.5 | +0.106% | $2.4M | $6.7M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,966 | −0.013% | $249K | $8.3M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,008.6 | +0.037% | $5.8M | $9.0M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,991.2 | +0.017% | $40.4M | $591.1M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 86,043.2 | +0.077% | $9.43B | $23.21B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,035.6 | +0.068% | $2.61B | $10.87B | 100x | as long as short |
| Ondo Perps BTC-USD.Plong | +0.0100% | 1h | 85,977 | long leg | $3.9M | $16.5M | 25x | |
| Arcus BTC-USD | +0.0100% | 1h | 85,988.7 | +0.014% | $4.7M | $95.2M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 86,041.2 | +0.075% | $5.50B | $10.10B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 86,065.6 | +0.103% | $5.09B | $5.83B | 500x | as long as short |
| Bitget BTCUSDT | +0.0100% | 8h | 86,036.4 | +0.069% | $2.99B | $4.62B | 150x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,044.3 | +0.078% | $37.9M | $187.4M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,817.8 | −0.185% | $156.4M | $529.8M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,822.2 | −0.180% | $287.2M | $971.5M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,846.1 | −0.152% | $215.6M | $155.7M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,826.9 | −0.175% | $137.1M | $305.1M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,905.6 | −0.083% | $30.3M | $214.5M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,091.9 | +0.134% | — | $9.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,057 | +0.093% | $11.0M | $13.7M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,074.6 | +0.113% | $211K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,066.5 | +0.104% | $2.6M | $9.4M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,444.6 | −0.619% | $28.8M | $52.4M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,971.6 | −0.006% | $3.1M | $7.0M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 86,064 | +0.101% | $60.2M | $258.0M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,065 | +0.102% | $2.27B | $916.0M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 86,072.8 | +0.111% | $167.2M | $500.6M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,869.6 | −0.125% | $707.4M | $169.5M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,043 | +0.077% | $46.4M | $225.4M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,990.2 | +0.015% | — | $94.3M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 86,111 | +0.156% | $112.7M | $5.33B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0152% | 1h | 85,897.3 | −0.093% | $6.6M | $134.6M | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.0153% | 1h | 86,112.8 | +0.158% | $830.1M | $1.61B | 50x | as long as short |
| Hyperliquid BTC | +0.0155% | 1h | 86,114 | +0.159% | $3.87B | $4.77B | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0189% | 8h | 86,009 | +0.037% | $11.0M | $726.7M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,967.7 | −0.011% | $9.0M | $40.9M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0198% / S −0.0174% | 1h | 85,957.3 | −0.023% | $13.0M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0328% | 1h | 85,948 | −0.034% | $698K | $7.4M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0363% | 1h | 85,841.8 | −0.157% | $81K | $256K | 20x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,922.7 | −0.063% | $481K | $17.0M | 6.7x | as long as short |
Phoenix BTC
BingX BTC-USDT
Nado BTC-PERP
Bybit BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Pacifica BTC
Binance BTCUSDT
OKX BTC-USDT-SWAP
Arcus BTC-USD
Gate BTC_USDT
MEXC BTC_USDT
Bitget BTCUSDT
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
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
Deribit BTC-PERPETUAL
Hyperliquid BTC
Kalshi KXBTCPERP
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
Perpl BTC