Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.050%
Price spread now: Ondo Perps against Gate+0.025%7-day average −0.111% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 7 days−0.354%−$35 · spread now +0.025%, 7d avg −0.111%
=Together, before fees−0.451%+ Points / potential airdropOndo Perps: Active · farm board−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.137% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.111%. Mind the row above: over the last 7 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COIN_USDT | 197.83 | 0 | get 0.0000% / 8h | 6h 21m | $1.2M | $7.0M | 50x |
| Short | Ondo Perps COIN-USD.P | 197.88 | 0.0050 | get 0.0006% / 1h | 21m 29s | $351K | $3.1M | 10x |
Gate COIN_USDT
Ondo Perps COIN-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Gate. 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
- $10.58
- Price spread: +0.025% → −0.111%
- $13.67
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $4.26
- Costs to cover
- 0.200%
- Break-even
- 4.2 days
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago | 2.02 bp | 13.6 bp −$14 | 133.2 bp −$1,332 | 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 25 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 | −0.0485% | 8h | 197.93 | +0.051% | $6.5M | $10.1M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.97 | +0.071% | $44K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0037% | 1h | 197.42 | −0.207% | — | $291K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.01 | +0.093% | $366K | $856K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.70 | −0.067% | $117K | $694K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.73 | −0.049% | $14.8M | $77.9M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.82 | −0.005% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.89 | +0.030% | $3.1M | $4.6M | 20x | as long as short |
| Gate COIN_USDTlong | 0.0000% | 8h | 197.83 | long leg | $1.2M | $7.0M | 50x | |
| Variational Omni COIN | 0.0000% | 8h | 198.30 | +0.239% | $820K | $1.0M | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.03 | +0.100% | $15K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.75 | −0.040% | $1.3M | $3.6M | 10x | as long as short |
| edgeX COINUSDC | +0.0032% | 4h | 197.98 | +0.077% | $51K | $294K | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.72 | −0.057% | $389K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.73 | −0.051% | $437K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.10 | +0.136% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.72 | −0.056% | $15.9M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 198.08 | +0.126% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.95 | +0.061% | $98 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 197.88 | +0.025% | $351K | $3.1M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.79 | −0.020% | $996K | $144K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.97 | +0.071% | $89K | $286K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.03 | +0.101% | $573 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.96 | +0.066% | $117 | — | 10x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 198.15 | +0.162% | $5K | $251K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
edgeX COINUSDC
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
Phoenix COIN