Funding you earn now, next payment 01:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: Ondo Perps against SoDEX+0.029%7-day average +0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.028%+$3 on $10k
+Price spread, last 3 days (all we have)−0.016%−$2 · spread now +0.029%, 7d avg +0.009%
=Together, before fees+0.011%+ Points / potential airdropOndo Perps: Active · farm board+$1 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: Ondo Perps is 0.020% dearer against SoDEX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX BTC-USD | 86,354 | 0.0098 | pay 0.0012% / 1h | 37m 29s | $60.4M | $338.2M | 40x |
| Short | Ondo Perps BTC-USD.P | 86,379 | 0.0100 | get 0.0013% / 1h | 37m 29s | $3.9M | $17.9M | 25x |
SoDEX BTC-USD
Ondo Perps BTC-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against SoDEX. 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
- $0.37
- Price spread: +0.029% → +0.009%
- $2.02
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$10.61
- Costs to cover
- 0.130%
- Break-even
- 205.1 days
Slippage unknown: SoDEX: live order book, 2 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 SoDEX live order book, 2 min ago | 0.06 bp | 4.1 bp −$4 | 4.1 bp −$41 | 4.8 bp −$481 | 38.6 bp −$19.3K |
| 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 | −0.0129% | 1h | 86,448 | +0.109% | $2.2M | $11.2M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,403 | +0.057% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 86,384.7 | +0.036% | $361K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,400.2 | +0.054% | $498K | $21.8M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,373.9 | +0.023% | $36.9M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0020% | 8h | 86,387.1 | +0.038% | $501.0M | $1.14B | 200x | as long as short |
| dYdX BTC-USD | +0.0022% | 1h | 86,402.9 | +0.057% | $16.9M | $20.5M | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 86,616 | +0.303% | $333K | $26.9M | 52x | as long as short |
| Deribit BTC-PERPETUAL | +0.0027% | 1h | 86,391.3 | +0.043% | $903.5M | $1.51B | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0038% | 8h | 86,413.7 | +0.069% | $831.2M | $722.0M | 125x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
Perpl BTC
gTrade (Gains Network) BTC/USD
Aster BTCUSDT
dYdX BTC-USD
Injective BTC/USDC PERP
Deribit BTC-PERPETUAL
KuCoin XBTUSDTMShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BTCUSDT | +0.0039% | 8h | 86,358.9 | +0.006% | $153.6M | $475.2M | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0044% | 1h | 86,408.8 | +0.064% | $6.7M | $145.7M | 40x | as long as short |
| BingX BTC-USDT | +0.0050% | 8h | 86,394 | +0.046% | — | $1.58B | — | as long as short |
| RISEx BTC/USDC | +0.0052% | 1h | 86,403 | +0.057% | $8.3M | $42.5M | 25x | as long as short |
| Bitget BTCUSDT | +0.0062% | 8h | 86,411.7 | +0.067% | $2.97B | $5.04B | 150x | as long as short |
| Binance BTCUSDT | +0.0077% | 8h | 86,405.4 | +0.060% | $9.41B | $24.32B | 150x | as long as short |
| MEXC BTC_USDT | +0.0078% | 8h | 86,413.8 | +0.069% | $5.15B | $5.69B | 500x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 86,333.4 | −0.024% | $2.5M | $1.7M | 20x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,396 | +0.049% | $170.4M | $984.8M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,403.5 | +0.057% | $23.7M | $149.0M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,391 | +0.043% | $8.4M | $52.0M | 100x | as long as short |
| SoDEX BTC-USDlong | +0.0098% | 1h | 86,354 | long leg | $60.4M | $338.2M | 40x | |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,367 | +0.015% | $203K | $7.2M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,409.6 | +0.064% | $4.4M | $8.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,375.4 | +0.025% | $21.9M | $229.2M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,482 | +0.148% | $3.79B | $4.99B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,417.2 | +0.073% | $40.7M | $551.7M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 86,419.1 | +0.075% | $5.25B | $9.69B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,432.6 | +0.091% | $2.56B | $12.51B | 100x | as long as short |
| Ondo Perps BTC-USD.Pshort | +0.0100% | 1h | 86,379 | +0.029% | $3.9M | $17.9M | 25x | |
| Arcus BTC-USD | +0.0100% | 1h | 86,413.7 | +0.069% | $7.2M | $95.0M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,348 | −0.007% | $573.1M | $19.8M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 86,395.7 | +0.048% | $5.81B | $10.52B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,365.8 | +0.014% | $37.5M | $155.5M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,351.7 | −0.003% | $158.4M | $564.0M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,397.1 | +0.050% | $279.1M | $950.2M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,397.9 | +0.051% | $217.0M | $165.4M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,396.8 | +0.050% | $141.7M | $322.0M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,384.9 | +0.036% | $30.7M | $208.9M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,440.3 | +0.100% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,414 | +0.069% | $11.1M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,428.6 | +0.086% | $192K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,354.2 | 0.000% | $2.5M | $8.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,388.2 | +0.040% | $144K | $667K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,386.6 | +0.038% | $30.5M | $58.9M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,362.2 | +0.009% | $3.4M | $5.2M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,339.1 | −0.017% | $2.29B | $963.2M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,378 | +0.028% | $45.8M | $222.4M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,373.9 | +0.023% | — | $98.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,395.4 | +0.048% | $132.0M | $5.45B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,385.2 | +0.036% | $192.1M | $942.1M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0160% | 1h | 86,395.8 | +0.048% | $710K | $8.0M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0166% | 1h | 86,422.8 | +0.080% | $78K | $217K | 20x | as long as short |
| BloFin BTC-USDT | +0.0198% | 8h | 86,346.7 | −0.008% | $415.9M | $648.6M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0217% | 1h | 86,368.9 | +0.017% | $14.5M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0210% | 8h | 86,390 | +0.042% | $10.0M | $762.4M | 6.4x | as long as short |
Phemex BTCUSDT
Reya BTCRUSDPERP
BingX BTC-USDT
RISEx BTC/USDC
Bitget BTCUSDT
Binance BTCUSDT
MEXC BTC_USDT
Aevo BTC-PERP
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-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
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP