Funding you earn now, next payment 01:00 UTC−0.0819%/8h= −89.7% APRnext payment −$1.02 per $10,000 · paid last 24h −0.024%
Price spread now: QFEX against Ondo Perps−0.061%7-day average +0.056% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.061%, 7d avg +0.056%
=Together, before fees+0.052%+ Points / potential airdropOndo Perps: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and QFEX is 0.117% cheaper against Ondo Perps than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.115% in total (about -12.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.02 per $10,000. 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 | 8.5752 | 0.0834 | pay 0.0104% / 1h | 37m 25s | $460K | $443K | 10x |
| Short | QFEX BB-USD | 8.5700 | 0.0014 | get 0.0002% / 1h | 37m 25s | $1.1M | $281K | 10x |
Ondo Perps BB-USD.P
QFEX BB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$172.03
- Price spread: −0.061% → +0.056%
- −$11.7
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$198.73
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 3 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 QFEX live order book, 3 min ago | 11.65 bp | 20.5 bp −$21 | doesn't fit | doesn't fit | 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 | 8.5760 | +0.009% | $49K | $24K | 20x | as long as short |
| QFEX BB-USDshort | +0.0014% | 1h | 8.5700 | −0.061% | $1.1M | $281K | 10x | |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5700 | −0.061% | — | $1K | 10x | as long as short |
| OKX BB-USDT-SWAP | +0.0161% | 8h | 8.5830 | +0.091% | $211K | $493K | 20x | as long as short |
| MEXC BBSTOCK_USDT | +0.0236% | 8h | 8.5700 | −0.061% | $311K | $106K | 50x | as long as short |
| Ondo Perps BB-USD.Plong | +0.0834% | 1h | 8.5752 | long leg | $460K | $443K | 10x | |
| Lighter BB | +0.1616% | 1h | 8.5913 | +0.188% | $188K | $141K | 10x | as long as short |
| tradeXYZ xyz:BB | +0.1643% | 1h | 8.5808 | +0.065% | $10.6M | $3.2M | 10x | as long as short |
| Extended BB-USD | +0.1696% | 1h | 8.5796 | +0.051% | $9K | $21K | 10x | as long as short |
Bitget BBSTOCKUSDT
Vest BB-USD-PERP
OKX BB-USDT-SWAP
MEXC BBSTOCK_USDT
Lighter BB
tradeXYZ xyz:BB
Extended BB-USD