Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG186.71+0.0295pay 0.0295% / 8h2h 24m$944K$7.3M—Long BingX
SHORT186.38+0.0050get 0.0006% / 1h24m 53s$486K$1.5M10xShort Ondo Perps5% off
Price gap−0.177%49s
Funding gap−0.0245% /8h

Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.091% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$12−0.0245% /8h now · paid +0.121% over the last 7D
Price—spread −0.177%49s now · prices read too far apart to compare
Costs−$270.266% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropOndo Perps: points · farm boardneeds both prices read together

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.121% in total, about +0.0058%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.177%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

COIN on 28 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • OK: Fits both order books8.3 / 4.6 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage— + $1,000
    BingX —, Ondo Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$7.34Long BingX: 3 payments, −$8.85; short Ondo Perps: 24 payments, +$1.51.
  • Watch: Prices read 49 s apart−0.177% vs −0.086%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$486K vs $944K OI
    Ondo Perps sets your exit cost. Check its book before closing.
  • OK: Points on a legOndo Perps points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · Ondo Perps No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0058%/8h × 21 periods+$12.14
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$11.65
Fee BingX bp × 2 orders−$10.00
Fee Ondo Perps bp × 2 orders−$5.00
Net · 7 days · $10k−$14.51
price spread not counted: prices read too far apart
Costs to cover0.266%Break-even15.4 days
Slippage: BingX: live order book, 15 min ago; Ondo Perps: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX0.278.3 bp−$812.0 bp−$12026.1 bp−$2,607212.8 bp−$106.4K
SELL · SHORTOndo Perps1.074.6 bp−$514.6 bp−$146doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

COIN news

posts that mention COIN or Coinbase Global, from every exchangeSearch all news →
09-25 00:50InjectiveTokenThe Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-21 13:35gTrade (Gains Network)Listingnew market COIN/USD ($COIN) seen by our collector
09-18 17:30Vest MarketsOther$COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗