Settings8H · net · $10k
Funding arb · Price arb /

BB

RWAall BB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.012%
Price spread now: Ondo Perps against OKX−0.211%48s7-day average −0.109% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.211%, 7d avg −0.109%
Together, before fees+0.143%+ Points / potential airdropOndo Perps: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.102% cheaper against OKX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.109%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BB-USDT-SWAP8.52200.0083pay 0.0083% / 8h22m 53s$210K$537K20x
ShortOndo Perps BB-USD.P8.50400.0050get 0.0006% / 1h22m 53s$487K$440K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$6.76
Price spread: −0.211% → −0.109%
−$10.2
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$31.97
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 13 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 13 min ago10.53 bp98.9 bp −$99doesn't fitdoesn't fitdoesn't fit
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.

BB on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:BB−0.0953%1h8.5180−0.047%$10.8M$3.1M10xas long as short
Extended BB-USD−0.0944%1h8.5172−0.057%$9K$11K10xas long as short
Bitget BBSTOCKUSDT0.0000%8h8.5130−0.106%$49K$16K20xas long as short
QFEX BB-USD+0.0032%1h8.5100−0.141%$1.1M$179K10xas long as short
Vest BB-USD-PERP+0.0046%1h8.5200−0.023%$87510xas long as short
Ondo Perps BB-USD.Pshort+0.0050%1h8.5040−0.211%$487K$440K10x
OKX BB-USDT-SWAPlong+0.0083%8h8.5220long leg$210K$537K20x
MEXC BBSTOCK_USDT+0.0318%8h8.5100−0.141%$309K$108K50xas long as short
Lighter BB+0.0384%1h8.5304+0.099%$187K$149K10xas long as short