Funding you earn now, next payment 04:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.002%
Price spread now: Deribit against Ondo Perps+0.059%7-day average +0.063% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.059%, 7d avg +0.063%
=Together, before fees−0.248%+ Points / potential airdropOndo Perps: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.052%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ETH-USD.P | 2,738.7 | 0.0100 | pay 0.0013% / 1h | 52m 50s | $2.7M | $16.9M | 25x |
| Short | Deribit ETH-PERPETUAL | 2,740.3 | 0.0195 | get 0.0024% / 1h | 52m 50s | $260.0M | $194.8M | 50x |
Ondo Perps ETH-USD.P
Deribit ETH-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $19.95
- Price spread: +0.059% → +0.063%
- −$0.46
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $7.49
- Costs to cover
- 0.120%
- Break-even
- 4.4 days
Slippage unknown: Ondo Perps: no order-book sample; Deribit: live order book, 1 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 Deribit live order book, 1 min ago | 0.18 bp | 3.9 bp −$4 | 4.9 bp −$49 | 9.9 bp −$986 | 18.0 bp −$8,992 |
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.
ETH on 55 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 ETH | −0.0447% | 43m | 2,738.4 | −0.010% | $300K | $5.5M | 8.3x | as long as short |
| Injective ETH/USDC PERP | −0.0141% | 1h | 2,740.3 | +0.058% | $118K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,739.1 | +0.015% | $5K | $1K | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,739 | +0.010% | $12.0M | — | 200x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,739.5 | +0.028% | $10.8M | $41.7M | 50x | as long as short |
| 01 Exchange ETHUSD | 0.0000% | 1h | 2,739 | +0.011% | $182K | $834K | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,741.2 | +0.091% | $832K | $2.9M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,739.2 | +0.018% | $25.4M | — | 200x | as long as short |
| BingX ETH-USDC | +0.0055% | 8h | 2,737.9 | −0.031% | — | $18.4M | — | as long as short |
| Bullet ETH-USD | +0.0059% | 1h | 2,738.3 | −0.014% | $180K | $1.7M | 20x | as long as short |
Perpl ETH
Injective ETH/USDC PERP
Hotstuff ETH-PERP
GMX ETH/USD [ETH-USDC]
dYdX ETH-USD
01 Exchange ETHUSD
Phoenix ETH
gTrade (Gains Network) ETH/USD
BingX ETH-USDC
Bullet ETH-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ETH-USD | +0.0062% | 1h | 2,738.5 | −0.007% | $54.5M | $187.6M | 40x | as long as short |
| OKX ETH-USDT-SWAP | +0.0070% | 8h | 2,738 | −0.024% | $1.68B | $10.59B | 100x | as long as short |
| KuCoin ETHUSDTM | +0.0073% | 8h | 2,738.3 | −0.016% | $380.6M | $573.4M | 100x | as long as short |
| Aster ETHUSDT | +0.0084% | 8h | 2,738.4 | −0.011% | $253.2M | $840.4M | 200x | as long as short |
| Aevo ETH-PERP | +0.0088% | 1h | 2,736.3 | −0.088% | $4.9M | $154K | 20x | as long as short |
| MEXC ETH_USDT | +0.0091% | 8h | 2,737.6 | −0.040% | $1.56B | $2.52B | 500x | as long as short |
| Binance ETHUSDT | +0.0091% | 8h | 2,737.6 | −0.040% | $6.36B | $15.70B | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,738.7 | +0.001% | $112.5M | $431.3M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,740.3 | +0.057% | $24.5M | $102.9M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0056% | 1h | 2,739.3 | +0.020% | — | $30.5M | 500x | as long as short |
| RISEx ETH/USDC | +0.0099% | 1h | 2,739.1 | +0.013% | $5.6M | $11.4M | 25x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,742.4 | +0.135% | $15.8M | $8.0M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,737.9 | −0.029% | $499K | $3.2M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,738.5 | −0.006% | $13.9M | $104.6M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,740.5 | +0.066% | $3.11B | $2.05B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,739 | +0.011% | $31.7M | $335.1M | 50x | as long as short |
| Bybit ETHUSDT | +0.0100% | 8h | 2,737.8 | −0.034% | $2.43B | $4.18B | 150x | as long as short |
| Ondo Perps ETH-USD.Plong | +0.0100% | 1h | 2,738.7 | long leg | $2.7M | $16.9M | 25x | |
| Arcus ETH-USD | +0.0100% | 1h | 2,738.9 | +0.007% | $2.8M | $16.0M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,740.8 | +0.075% | $166.9M | $306.7M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,738.6 | −0.005% | $3.39B | $8.68B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,738.2 | −0.020% | $2.08B | $2.72B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,738.5 | −0.009% | $15.0M | $39.6M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,741 | +0.082% | $133.2M | $324.9M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,739.9 | +0.042% | $182.1M | $665.1M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,737.4 | −0.049% | $159.2M | $83.8M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.0100% | 1h | 2,734.9 | −0.137% | $8.7M | $30.7M | 100x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,740.7 | +0.073% | $21.2M | $69.6M | 40x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,740 | +0.047% | $11.0M | $8.8M | 50x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,740.5 | +0.066% | $41.4M | $29.7M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,737.8 | −0.032% | $961K | $11.4M | 100x | as long as short |
| HTX ETH-USDT | +0.0100% | 8h | 2,738.4 | −0.011% | $1.06B | $1.18B | 200x | as long as short |
| Phemex ETHUSDT | +0.0100% | 8h | 2,738.4 | −0.009% | $266.1M | $65.1M | 150x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,739.5 | +0.030% | — | $843K | 50x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,737.6 | −0.039% | $30.6M | $72.3M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,740.3 | +0.060% | $51.1M | $4.26B | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.0126% | 1h | 2,740.1 | +0.052% | $30K | $20K | 20x | as long as short |
| Kalshi KXETHPERP | +0.0157% | 8h | 2,739.2 | +0.018% | $7.7M | $672.7M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0195% | 8h | 2,741 | +0.085% | $32.2M | $11.5M | 100x | as long as short |
| Deribit ETH-PERPETUALshort | +0.0195% | 1h | 2,740.3 | +0.059% | $260.0M | $194.8M | 50x | |
| BloFin ETH-USDT | +0.0211% | 8h | 2,738.4 | −0.011% | $285.5M | $172.8M | 150x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0222% | 1h | 2,739.4 | +0.026% | $86.0M | $309.6M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0224% | 1h | 2,738.2 | −0.019% | $7.3M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0248% | 1h | 2,740.3 | +0.060% | $252K | $1.4M | 20x | as long as short |
| Bluefin ETH-PERP | +0.1989% | 1h | 2,739.3 | +0.023% | $21K | $20K | 25x | as long as short |
SoDEX ETH-USD
OKX ETH-USDT-SWAP
KuCoin ETHUSDTM
Aster ETHUSDT
Aevo ETH-PERP
MEXC ETH_USDT
Binance ETHUSDT
Lighter ETH
Lighter RH ETH
Jupiter Perps ETH-PERP
RISEx ETH/USDC
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Nado ETH-PERP
Hyperliquid ETH
Pacifica ETH
Bybit ETHUSDT
Arcus ETH-USD
Bulk ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
ApeX Omni ETHUSDT
StandX ETH-USD
Polymarket Perps ETH-USD
Derive ETH-PERP
SunX ETH-USDT
HTX ETH-USDT
Phemex ETHUSDT
Vest ETH-PERP
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Aftermath Perps ETHUSD
Kalshi KXETHPERP
Orderly PERP_ETH_USDC
BloFin ETH-USDT
Kraken Futures PF_ETHUSD
Reya ETHRUSDPERP
Hibachi ETH/USDT-P
Bluefin ETH-PERP