Funding you earn now, next payment 02:00 UTC−0.0312%/8h= −34.2% APRpaid last 24h −0.215%
Price spread now: Ondo Perps against edgeX−0.576%54s7-day average −0.070% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.608%−$61 on $10k
+Price spread, last 4 days (all we have)+0.226%+$23 · spread now −0.576%, 7d avg −0.070%
=Together, before fees−0.382%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Ondo Perps is 0.506% cheaper against edgeX than usual: you would sell low and buy high (−$51 if the spread goes back to its 7-day average of −0.070%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COINUSDC | 198.51 | 0.0362 | pay 0.0181% / 4h | 2h 40m | $51K | $293K | 10x |
| Short | Ondo Perps COIN-USD.P | 197.37 | 0.0050 | get 0.0006% / 1h | 40m 39s | $349K | $3.2M | 10x |
edgeX COINUSDC
Ondo Perps COIN-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against edgeX. 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
- −$65.51
- Price spread: −0.576% → −0.070%
- −$50.59
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$130.1
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 27 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 edgeX live order book, 27 min ago | 5.72 bp | 10.6 bp −$11 | 16.4 bp −$164 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.98 | −0.269% | $44K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0055% | 8h | 197.70 | −0.410% | $6.5M | $10.2M | 20x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.78 | −0.367% | $362K | $840K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.27 | −0.624% | $117K | $703K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.10 | −0.713% | $15.0M | $77.7M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.10 | −0.712% | $4.9M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.00 | −0.762% | $3.1M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 197.48 | −0.520% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.93 | −0.292% | $820K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.22 | −0.148% | $14K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest COIN-USD-PERP | +0.0014% | 1h | 197.58 | −0.470% | — | $289K | 25x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.31 | −0.606% | $1.3M | $3.7M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.40 | −0.562% | $388K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.40 | −0.561% | $427K | $1.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.18 | −0.168% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.42 | −0.551% | $16.1M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.86 | −0.329% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.95 | −0.284% | $95 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 197.37 | −0.576% | $349K | $3.2M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.56 | −0.480% | $982K | $138K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.23 | −0.143% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.95 | −0.284% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.91 | −0.303% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 199.02 | +0.255% | $198K | $377K | 20x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 198.09 | −0.213% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDClong | +0.0362% | 4h | 198.51 | long leg | $51K | $293K | 10x |
Vest COIN-USD-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
BloFin COIN-USDT
Phoenix COIN