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: OKX against Ondo Perps+0.212%7-day average +0.109% · you sell dearer than you buy
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 +0.212%, 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.102% dearer against Ondo Perps than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.109%. Mind the row above: over the last 7 days funding on this pair cost −0.070%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BB-USD.P8.50400.0050pay 0.0006% / 1h22m 42s$487K$440K10x
ShortOKX BB-USDT-SWAP8.52200.0083get 0.0083% / 8h22m 42s$210K$537K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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 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: +0.212% → +0.109%
$10.25
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
$2.01
Costs to cover
0.150%
Break-even
4.9 days
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 13 min ago. 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 Ondo Perps no order-book sample
Sell OKX live order book, 13 min ago10.53 bp136.8 bp −$137doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:BB−0.0957%1h8.5185+0.171%$10.8M$3.1M10xas long as short
Extended BB-USD−0.0944%1h8.5172+0.155%$9K$11K10xas long as short
Bitget BBSTOCKUSDT0.0000%8h8.5130+0.106%$49K$16K20xas long as short
QFEX BB-USD+0.0032%1h8.5100+0.071%$1.1M$179K10xas long as short
Vest BB-USD-PERP+0.0046%1h8.5200+0.188%$87510xas long as short
Ondo Perps BB-USD.Plong+0.0050%1h8.5040long leg$487K$440K10x
OKX BB-USDT-SWAPshort+0.0083%8h8.5220+0.212%$210K$537K20x
MEXC BBSTOCK_USDT+0.0315%8h8.5100+0.071%$309K$108K50xas long as short
Lighter BB+0.0384%1h8.5328+0.339%$187K$149K10xas long as short