Settings8H · net · $10k
Funding arb · Price arb /

COIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.014%
Price spread now: Ondo Perps against Extended−0.023%7-day average −0.041% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.023%, 7d avg −0.041%
Together, before fees+0.050%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended COIN_24_5-USD195.030get 0.0000% / 1h27m 05s$113K$852K10x
ShortOndo Perps COIN-USD.P194.980.0050get 0.0006% / 1h27m 05s$364K$2.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. 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

Funding earned
$10.58
Price spread: −0.023% → −0.041%
$1.74
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$2.32
Costs to cover
0.100%
Break-even
5.5 days
Slippage unknown: Extended: live order book, 21 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 21 min ago0.25 bp8.2 bp −$839.8 bp −$398doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget COINUSDT−0.0825%8h195.26+0.120%$6.3M$10.6M20xas long as short
Injective COIN/USDC PERP−0.0440%1h195.33+0.156%$43K$48K30xas long as short
Gate COIN_USDT−0.0136%8h195.15+0.064%$1.2M$7.4M50xas long as short
Vest COIN-USD-PERP−0.0113%1h194.55−0.244%$289K25xas long as short
Aster COINUSDT0.0000%8h195.09+0.031%$340K$890K20xas long as short
Extended COIN_24_5-USDlong0.0000%1h195.03long leg$113K$852K10x
Binance COINUSDT0.0000%8h195.04+0.010%$14.6M$81.1M20xas long as short
Bybit COINUSDT0.0000%8h194.99−0.018%$4.7M$6.2M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h195.06+0.018%$3.0M$4.7M20xas long as short
Variational Omni COIN0.0000%8h195.38+0.181%$709K$962Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h195.58+0.286%$15K$2.6M10xas long as short
Lighter RH COIN+0.0032%1h195.00−0.013%$455K$1.5M10xas long as short
QFEX COIN-USD+0.0038%1h195.20+0.089%$1.3M$3.0M10xas long as short
Arcus COIN-USD+0.0040%1h195.49+0.238%$15K$55K5xas long as short
edgeX COINUSDC+0.0040%4h195.54+0.262%$50K$294K10xas long as short
tradeXYZ xyz:COIN+0.0050%1h194.99−0.018%$15.1M$13.8M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.01−0.008%$132K$1.4M10xas long as short
SoDEX COIN-USD+0.0050%1h195.07+0.023%$75$3K10xas long as short
Ondo Perps COIN-USD.Pshort+0.0050%1h194.98−0.023%$364K$2.8M10x
Phoenix COIN+0.0082%1h195.57+0.279%$4K$283K10xas long as short
KuCoin COINUSDTM+0.0100%8h194.99−0.018%$983K$143K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.24+0.110%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h195.02−0.003%$564$4K10xas long as short
Aevo COIN-PERP+0.0104%1h194.95−0.039%$11510xas long as short
Lighter COIN+0.0112%1h195.04+0.006%$354K$2.2M10xas long as short
BloFin COIN-USDT+0.0120%8h195.09+0.033%$187K$417K20xas long as short