COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.003%

Price spread now: Ondo Perps against Arcus−0.156%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.156% cheaper against Arcus than usual: you would sell low and buy high (spread −0.156% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 51 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus COIN-USD	198.75	0.0040	pay 0.0005% / 1h	53m 20s	$17K	$28K	5x
Short	Ondo Perps COIN-USD.P	198.44	0.0050	get 0.0006% / 1h	53m 20s	$333K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee Ondo PerpsbpOrdersPrice spread, now −0.156%Rate

Funding earned: $2.13
Price spread: −0.156% → 0.000%: −$15.6
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$22.97
Costs to cover: 0.095%
Break-even: 82.6 days

Slippage unknown: Arcus: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Arcus and 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.

COIN on 26 exchanges

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
Injective COIN/USDC PERP	−0.0440%	1h	198.16	−0.297%	$17K	$224K	30x	as long as short
Aster COINUSDT	0.0000%	8h	198.62	−0.068%	$346K	$868K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	198.61	−0.070%	$106K	$854K	10x	as long as short
Binance COINUSDT	0.0000%	8h	198.64	−0.053%	$14.6M	$75.8M	20x	as long as short
Bybit COINUSDT	0.0000%	8h	198.70	−0.025%	$4.7M	$5.5M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	198.56	−0.096%	$3.1M	$4.4M	20x	as long as short
Gate COIN_USDT	0.0000%	8h	198.67	−0.040%	$1.2M	$6.4M	50x	as long as short
Bitget COINUSDT	0.0000%	8h	198.64	−0.055%	$6.4M	$9.5M	20x	as long as short
Variational Omni COIN	0.0000%	8h	198.69	−0.028%	$770K	$921K	—	as long as short
GRVT COIN_USDT_Perp	0.0000%	8h	198.79	+0.020%	$11K	$3.2M	10x	as long as short

Show all 26 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX COIN-USD	+0.0032%	1h	198.62	−0.065%	$1.3M	$2.6M	10x	as long as short
Lighter COIN	+0.0032%	1h	198.62	−0.065%	$347K	$1.9M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	198.62	−0.065%	$483K	$1.1M	10x	as long as short
Arcus COIN-USDlong	+0.0040%	1h	198.75	long leg	$17K	$28K	5x
Vest COIN-USD-PERP	+0.0046%	1h	198.55	−0.101%	—	$275K	25x	as long as short
tradeXYZ xyz:COIN	+0.0050%	1h	198.50	−0.126%	$14.8M	$11.6M	10x	as long as short
Polymarket Perps COIN-USD	+0.0050%	1h	198.47	−0.141%	$136K	$1.2M	10x	as long as short
SoDEX COIN-USD	+0.0050%	1h	198.63	−0.060%	$97	$3K	10x	as long as short
Ondo Perps COIN-USD.Pshort	+0.0050%	1h	198.44	−0.156%	$333K	$2.1M	10x
Phoenix COIN	+0.0081%	1h	198.68	−0.035%	$5K	$256K	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	198.66	−0.045%	$936K	$244K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	198.63	−0.060%	$89K	$272K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	198.65	−0.050%	$574	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	198.61	−0.073%	$117	—	10x	as long as short
BloFin COIN-USDT	+0.0120%	8h	198.81	+0.030%	$193K	$492K	20x	as long as short
edgeX COINUSDC	+0.0231%	4h	198.64	−0.054%	$51K	$293K	10x	as long as short