Funding you earn now, next payment 02:00 UTC+0.0454%/8h= +49.7% APRpaid last 24h +0.002%
Price spread now: MEXC against Ondo Perps−0.008%7-day average −0.064% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.008%, 7d avg −0.064%
=Together, before fees−0.156%+ Points / potential airdropOndo Perps: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and MEXC is 0.055% dearer against Ondo Perps than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.064%. Mind the row above: over the last 7 days funding on this pair cost −0.142%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.142% in total (about -7.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BB-USD.P | 8.5807 | 0.0050 | pay 0.0006% / 1h | 2m 45s | $458K | $423K | 10x |
| Short | MEXC BBSTOCK_USDT | 8.5800 | 0.0504 | get 0.0504% / 8h | 6h 02m | $312K | $108K | 50x |
Ondo Perps BB-USD.P
MEXC BBSTOCK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $95.26
- Price spread: −0.008% → −0.064%
- $5.53
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $95.79
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; MEXC: live order book, 47 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 MEXC live order book, 47 min ago | 5.84 bp | 99.2 bp −$99 | 194.0 bp −$1,940 | 225.6 bp −$22.6K | 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.
BB on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BBSTOCKUSDT | 0.0000% | 8h | 8.5890 | +0.097% | $49K | $24K | 20x | as long as short |
| QFEX BB-USD | 0.0000% | 1h | 8.5900 | +0.108% | $1.1M | $278K | 10x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5800 | −0.008% | — | $1K | 10x | as long as short |
| Ondo Perps BB-USD.Plong | +0.0050% | 1h | 8.5807 | long leg | $458K | $423K | 10x | |
| Extended BB-USD | +0.0104% | 1h | 8.5988 | +0.211% | $9K | $21K | 10x | as long as short |
| tradeXYZ xyz:BB | +0.0114% | 1h | 8.5995 | +0.219% | $10.7M | $3.4M | 10x | as long as short |
| OKX BB-USDT-SWAP | +0.0174% | 8h | 8.6140 | +0.388% | $216K | $505K | 20x | as long as short |
| MEXC BBSTOCK_USDTshort | +0.0504% | 8h | 8.5800 | −0.008% | $312K | $108K | 50x | |
| Lighter BB | +0.1264% | 1h | 8.6125 | +0.371% | $189K | $141K | 10x | as long as short |
Bitget BBSTOCKUSDT
QFEX BB-USD
Vest BB-USD-PERP
Extended BB-USD
tradeXYZ xyz:BB
OKX BB-USDT-SWAP
Lighter BB