Funding you earn now, next payment 01:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h −0.021%
Price spread now: Binance against Ondo Perps+0.110%46s7-day average +0.085% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 2 days (all we have)+0.004%$0 · spread now +0.110%, 7d avg +0.085%
=Together, before fees−0.107%+ Points / potential airdropOndo Perps: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.026% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.085%. Mind the row above: over the last 7 days funding on this pair cost −0.111%, so the current rate has only just turned in your favour. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps AAPL-USD.P | 338.59 | 0.0050 | pay 0.0006% / 1h | 56m 48s | $1.4M | $2.4M | 20x |
| Short | Binance AAPLUSDT | 338.96 | 0.0126 | get 0.0126% / 8h | 7h 56m | $22.3M | $67.0M | 25x |
Ondo Perps AAPL-USD.P
Binance AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $15.95
- Price spread: +0.110% → +0.085%
- $2.57
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $3.52
- Costs to cover
- 0.150%
- Break-even
- 5.5 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 16 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 Binance live order book, 16 min ago | 0.15 bp | 5.4 bp −$5 | 8.1 bp −$81 | 32.9 bp −$3,285 | 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.
AAPL on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0919% | 4h | 338.99 | +0.118% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0124% | 1h | 338.91 | +0.094% | $557K | $36K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.99 | +0.118% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.02 | +0.127% | $6.0M | $39.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.00 | +0.121% | $6.5M | $6.6M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.74 | +0.044% | $3.0M | $4.2M | 100x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.97 | +0.112% | $749 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.89 | +0.089% | $28K | $66K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.13 | +0.159% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.03 | +0.130% | $2.1M | $6K | 10x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | +0.0023% | 8h | 339.04 | +0.133% | $13K | $490K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.84 | +0.073% | $771K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.87 | +0.083% | $957K | $3.6M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.83 | +0.071% | — | $53K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.92 | +0.097% | $40.8M | $76.3M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.83 | +0.071% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.89 | +0.089% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.Plong | +0.0050% | 1h | 338.59 | long leg | $1.4M | $2.4M | 20x | |
| Hotstuff AAPL-PERP | +0.0056% | 1h | 338.88 | +0.086% | $36K | — | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.95 | +0.106% | $3.2M | $5.1M | 10x | as long as short |
| Bitget AAPLUSDT | +0.0088% | 8h | 338.98 | +0.115% | $6.2M | $3.4M | 100x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.72 | +0.038% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.80 | +0.062% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.94 | +0.103% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.05 | +0.135% | $11K | — | 10x | as long as short |
| Variational Omni AAPL | +0.0106% | 8h | 339.00 | +0.123% | $2.4M | $1.4M | — | as long as short |
| Binance AAPLUSDTshort | +0.0126% | 8h | 338.96 | +0.110% | $22.3M | $67.0M | 25x | |
| Extended AAPL_24_5-USD | +0.0128% | 1h | 338.91 | +0.095% | $285K | $1.5M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0145% | 8h | 339.00 | +0.121% | $346K | $170K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 339.03 | +0.130% | $660K | $676K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.80 | +0.062% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.13 | +0.159% | $5K | $8K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.87 | +0.083% | $269K | $70K | 20x | as long as short |
GRVT AAPL_USDT_Perp
Lighter AAPL
Lighter RH AAPL
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Hotstuff AAPL-PERP
QFEX AAPL-USD
Bitget AAPLUSDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Variational Omni AAPL
Extended AAPL_24_5-USD
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD