Funding you earn now, next payment 04:00 UTC+0.0302%/8h= +33.1% APRnext payment +$0.38 per $10,000 · paid last 24h +0.106%
Price spread now: tradeXYZ against Ondo Perps+0.166%7-day average +0.102% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now +0.166%, 7d avg +0.102%
=Together, before fees+0.273%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and tradeXYZ is 0.064% 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 +0.102%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.170% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.38 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 | 8.6089 | 0.0432 | pay 0.0054% / 1h | 12m 51s | $469K | $438K | 10x |
| Short | tradeXYZ xyz:BB | 8.6232 | 0.0734 | get 0.0092% / 1h | 12m 51s | $10.8M | $3.5M | 10x |
Ondo Perps BB-USD.P
tradeXYZ xyz:BBFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $63.41
- Price spread: +0.166% → +0.102%
- $6.4
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $46.81
- Costs to cover
- 0.230%
- Break-even
- 1.8 days
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 5 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 tradeXYZ live order book, 5 min ago | 2.49 bp | 23.7 bp −$24 | 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 | 8.6070 | −0.022% | $49K | $23K | 20x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5700 | −0.452% | — | $1K | 10x | as long as short |
| QFEX BB-USD | +0.0080% | 1h | 8.6100 | +0.013% | $1.1M | $235K | 10x | as long as short |
| OKX BB-USDT-SWAP | +0.0386% | 8h | 8.6340 | +0.292% | $221K | $527K | 20x | as long as short |
| Ondo Perps BB-USD.Plong | +0.0432% | 1h | 8.6089 | long leg | $469K | $438K | 10x | |
| MEXC BBSTOCK_USDT | +0.0648% | 8h | 8.5900 | −0.220% | $312K | $108K | 50x | as long as short |
| tradeXYZ xyz:BBshort | +0.0734% | 1h | 8.6232 | +0.166% | $10.8M | $3.5M | 10x | |
| Extended BB-USD | +0.0736% | 1h | 8.6168 | +0.092% | $9K | $21K | 10x | as long as short |
| Lighter BB | +0.1328% | 1h | 8.6306 | +0.252% | $189K | $142K | 10x | as long as short |
Bitget BBSTOCKUSDT
Vest BB-USD-PERP
QFEX BB-USD
OKX BB-USDT-SWAP
MEXC BBSTOCK_USDT
Extended BB-USD
Lighter BB