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

COIN

RWAall COIN markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT COIN_USDT_Perp198.790get 0.0000% / 8h5h 54m$11K$3.2M10x
ShortOndo Perps COIN-USD.P198.520.0050get 0.0006% / 1h54m 03s$333K$2.1M10x

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

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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: −0.136% → −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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 3 min ago2.01 bp11.3 bp −$1122.2 bp −$222doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COIN/USDC PERP−0.0440%1h197.52−0.639%$17K$224K30xas long as short
Aster COINUSDT0.0000%8h198.68−0.057%$346K$868K20xas long as short
Extended COIN_24_5-USD0.0000%1h198.65−0.068%$106K$855K10xas long as short
Binance COINUSDT0.0000%8h198.72−0.033%$14.6M$75.8M20xas long as short
Bybit COINUSDT0.0000%8h198.73−0.030%$4.7M$5.5M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h198.69−0.050%$3.1M$4.4M20xas long as short
Gate COIN_USDT0.0000%8h198.69−0.050%$1.2M$6.4M50xas long as short
Bitget COINUSDT0.0000%8h198.74−0.025%$6.4M$9.5M20xas long as short
Variational Omni COIN0.0000%8h198.69−0.048%$770K$921Kas long as short
GRVT COIN_USDT_Perplong0.0000%8h198.79long leg$11K$3.2M10x
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h198.68−0.055%$1.3M$2.6M10xas long as short
Lighter COIN+0.0032%1h198.64−0.077%$347K$1.9M10xas long as short
Lighter RH COIN+0.0032%1h198.66−0.065%$483K$1.1M10xas long as short
Arcus COIN-USD+0.0040%1h198.75−0.020%$17K$28K5xas long as short
Vest COIN-USD-PERP+0.0046%1h198.62−0.085%$288K25xas long as short
tradeXYZ xyz:COIN+0.0050%1h198.59−0.100%$14.8M$11.6M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h198.56−0.115%$136K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h198.65−0.070%$94$3K10xas long as short
Ondo Perps COIN-USD.Pshort+0.0050%1h198.52−0.136%$333K$2.1M10x
KuCoin COINUSDTM+0.0100%8h198.67−0.060%$937K$244K20xas long as short
ApeX Omni COINUSDT+0.0100%1h198.44−0.176%$89K$272K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h198.68−0.055%$575$4K10xas long as short
Aevo COIN-PERP+0.0104%1h198.67−0.059%$11710xas long as short
BloFin COIN-USDT+0.0120%8h198.81+0.010%$193K$492K20xas long as short
Phoenix COIN+0.0121%1h198.71−0.040%$5K$256K10xas long as short
edgeX COINUSDC+0.0231%4h198.64−0.073%$51K$293K10xas long as short