Funding you earn now, next payment 05:00 UTC+0.0739%/8h= +81.0% APRpaid last 24h +0.014%
Price spread now: Ondo Perps against Bitget−0.167%7-day average −0.104% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 7 days−0.052%−$5 · spread now −0.167%, 7d avg −0.104%
=Together, before fees+0.012%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.063% cheaper against Bitget than usual: you would sell low and buy high (spread −0.167% now, against its 7-day average of −0.104%). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.064% in total) that is about 6.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.064% in total (about 3.3% a year). A funding rate is set anew for every payment. 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 | Bitget COINUSDT | 197.51 | −0.0689 | get 0.0689% / 8h | 3h 52m | $6.3M | $10.4M | 20x |
| Short | Ondo Perps COIN-USD.P | 197.18 | 0.0050 | get 0.0006% / 1h | 52m 34s | $350K | $2.7M | 10x |
Bitget COINUSDT
Ondo Perps COIN-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bitget. 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
- $155.27
- Price spread: −0.167% → −0.104%
- −$6.32
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $131.95
- Costs to cover
- 0.170%
- Break-even
- 1.1 days
Slippage unknown: Bitget: live order book, 1 min ago; 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 Bitget live order book, 1 min ago | 1.77 bp | 11.9 bp −$12 | 14.8 bp −$148 | 88.2 bp −$8,818 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 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 COINUSDTlong | −0.0689% | 8h | 197.51 | long leg | $6.3M | $10.4M | 20x | |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.28 | −0.116% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0215% | 8h | 197.49 | −0.010% | $1.2M | $7.2M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0109% | 1h | 196.68 | −0.420% | — | $266K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.52 | +0.003% | $345K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.42 | −0.048% | $117K | $692K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.46 | −0.025% | $14.8M | $79.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.49 | −0.010% | $4.9M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.47 | −0.020% | $3.1M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.30 | −0.106% | $681K | $935K | — | as long as short |
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.26 | −0.124% | $12K | $2.3M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 197.39 | −0.061% | $1.3M | $3.2M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.39 | −0.061% | $450K | $1.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.44 | −0.035% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.32 | −0.096% | $15.5M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.31 | −0.101% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.40 | −0.056% | $81 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 197.18 | −0.167% | $350K | $2.7M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.33 | −0.091% | $995K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.23 | −0.142% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.39 | −0.061% | $571 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.46 | −0.023% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.54 | +0.015% | $188K | $394K | 20x | as long as short |
| Phoenix COIN | +0.0122% | 1h | 197.22 | −0.147% | $5K | $283K | 10x | as long as short |
| Lighter COIN | +0.0240% | 1h | 197.41 | −0.048% | $341K | $2.0M | 10x | as long as short |
| edgeX COINUSDC | +0.0851% | 4h | 197.27 | −0.121% | $51K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
Lighter COIN
edgeX COINUSDC