Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against GRVT−0.136%53s7-day average −0.097% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 7 days−0.197%−$20 · spread now −0.136%, 7d avg −0.097%
=Together, before fees−0.116%+ Points / potential airdropGRVT: Active · Ondo Perps: Active · farm board−$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.039% cheaper against GRVT than usual: you would sell low and buy high (spread −0.136% now, against its 7-day average of −0.097%). If the spread goes back, that is −$4 on $10k: about 2.6 days of funding at the current rate (+$2 a day). The two prices were read 53 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 | GRVT COIN_USDT_Perp | 198.79 | 0 | get 0.0000% / 8h | 5h 54m | $11K | $3.2M | 10x |
| Short | Ondo Perps COIN-USD.P | 198.52 | 0.0050 | get 0.0006% / 1h | 54m 03s | $333K | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against GRVT. 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: −0.136% → −0.097%
- −$3.89
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$7.31
- Costs to cover
- 0.140%
- Break-even
- 11.8 days
Slippage unknown: GRVT: live order book, 3 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 GRVT live order book, 3 min ago | 2.01 bp | 11.3 bp −$11 | 22.2 bp −$222 | 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 exchanges
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 | 197.52 | −0.639% | $17K | $224K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.68 | −0.057% | $346K | $868K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 198.65 | −0.068% | $106K | $855K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.72 | −0.033% | $14.6M | $75.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.73 | −0.030% | $4.7M | $5.5M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.69 | −0.050% | $3.1M | $4.4M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.69 | −0.050% | $1.2M | $6.4M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.74 | −0.025% | $6.4M | $9.5M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.69 | −0.048% | $770K | $921K | — | as long as short |
| GRVT COIN_USDT_Perplong | 0.0000% | 8h | 198.79 | long leg | $11K | $3.2M | 10x |
Show all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 198.68 | −0.055% | $1.3M | $2.6M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 198.64 | −0.077% | $347K | $1.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.66 | −0.065% | $483K | $1.1M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.75 | −0.020% | $17K | $28K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 198.62 | −0.085% | — | $288K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.59 | −0.100% | $14.8M | $11.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 198.56 | −0.115% | $136K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 198.65 | −0.070% | $94 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 198.52 | −0.136% | $333K | $2.1M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 198.67 | −0.060% | $937K | $244K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.44 | −0.176% | $89K | $272K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.68 | −0.055% | $575 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.67 | −0.059% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 198.81 | +0.010% | $193K | $492K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 198.71 | −0.040% | $5K | $256K | 10x | as long as short |
| edgeX COINUSDC | +0.0231% | 4h | 198.64 | −0.073% | $51K | $293K | 10x | as long as short |
GRVT COIN_USDT_Perp
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
Lighter COIN
Lighter RH COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC