Funding you earn now, next payment 03:00 UTC−0.0070%/8h= −7.6% APRpaid last 24h −0.038%
Price spread now: Ondo Perps against BloFin−0.121%7-day average −0.069% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 4 days (all we have)+0.415%+$41 · spread now −0.121%, 7d avg −0.069%
=Together, before fees+0.236%+ Points / potential airdropOndo Perps: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.052% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.069%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COIN-USDT | 198.11 | 0.0120 | pay 0.0120% / 8h | 5h 30m | $189K | $392K | 20x |
| Short | Ondo Perps COIN-USD.P | 197.87 | 0.0050 | get 0.0006% / 1h | 30m 40s | $351K | $3.0M | 10x |
BloFin COIN-USDT
Ondo Perps COIN-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against BloFin. 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
- −$14.62
- Price spread: −0.121% → −0.069%
- −$5.21
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$36.83
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 10 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 BloFin live order book, 10 min ago | 0.25 bp | 9.3 bp −$9 | 14.3 bp −$143 | 40.9 bp −$4,090 | 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 COINUSDT | −0.0770% | 8h | 198.06 | −0.025% | $6.3M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.59 | −0.262% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0180% | 8h | 198.09 | −0.010% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0090% | 1h | 197.33 | −0.394% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.11 | +0.002% | $350K | $877K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.90 | −0.104% | $119K | $691K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.95 | −0.080% | $15.0M | $78.5M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.05 | −0.030% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.14 | +0.015% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.92 | −0.094% | $686K | $1.0M | — | as long as short |
Bitget COINUSDT
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 | 197.70 | −0.207% | $19K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0016% | 1h | 197.84 | −0.136% | $1.3M | $3.5M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.91 | −0.098% | $367K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.01 | −0.050% | $453K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.80 | −0.156% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.99 | −0.061% | $15.6M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.78 | −0.167% | $126K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.83 | −0.141% | $83 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 197.87 | −0.121% | $351K | $3.0M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.88 | −0.116% | $996K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.42 | −0.348% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.90 | −0.106% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.92 | −0.098% | $117 | — | 10x | as long as short |
| edgeX COINUSDC | +0.0111% | 4h | 197.62 | −0.247% | $51K | $295K | 10x | as long as short |
| BloFin COIN-USDTlong | +0.0120% | 8h | 198.11 | long leg | $189K | $392K | 20x | |
| Phoenix COIN | +0.0162% | 1h | 197.56 | −0.278% | $5K | $281K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
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
edgeX COINUSDC
Phoenix COIN