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

COIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0490%/8h= +53.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.147%
Price spread now: Ondo Perps against Injective−0.141%7-day average · 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+0.881%+$88 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.141% cheaper against Injective than usual: you would sell low and buy high (spread −0.141% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 23 hours of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective COIN/USDC PERP198.31−0.0440get 0.0055% / 1h45m 01s$44K$48K30x
ShortOndo Perps COIN-USD.P198.030.0050get 0.0006% / 1h45m 01s$352K$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Injective. 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
$102.98
Price spread: −0.141% → 0.000%
−$14.12
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$83.84
Costs to cover
0.050%
Break-even
1.3 days
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample
Sell Ondo Perps no order-book sample
Injective and 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
Injective COIN/USDC PERPlong−0.0440%1h198.31long leg$44K$48K30x
Aster COINUSDT0.0000%8h198.35+0.019%$363K$840K20xas long as short
Extended COIN_24_5-USD0.0000%1h198.08−0.114%$117K$703K10xas long as short
Binance COINUSDT0.0000%8h198.14−0.084%$15.3M$77.3M20xas long as short
Bybit COINUSDT0.0000%8h198.18−0.066%$4.9M$6.0M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h198.27−0.020%$3.1M$4.5M20xas long as short
Gate COIN_USDT0.0000%8h198.13−0.091%$1.3M$6.9M50xas long as short
Bitget COINUSDT0.0000%8h198.27−0.020%$6.3M$9.9M20xas long as short
Variational Omni COIN0.0000%8h198.21−0.048%$822K$1.0Mas long as short
GRVT COIN_USDT_Perp0.0000%8h199.16+0.427%$15K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest COIN-USD-PERP+0.0023%1h197.77−0.272%$289K25xas long as short
QFEX COIN-USD+0.0028%1h198.24−0.035%$1.3M$3.7M10xas long as short
Lighter COIN+0.0032%1h198.13−0.091%$389K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h198.10−0.106%$429K$1.4M10xas long as short
Arcus COIN-USD+0.0040%1h198.68+0.187%$16K$53K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h198.11−0.101%$16.2M$13.3M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h198.14−0.086%$127K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h198.17−0.071%$102$3K10xas long as short
Ondo Perps COIN-USD.Pshort+0.0050%1h198.03−0.141%$352K$3.2M10x
KuCoin COINUSDTM+0.0100%8h198.15−0.081%$985K$138K20xas long as short
ApeX Omni COINUSDT+0.0100%1h198.25−0.030%$89K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h198.14−0.086%$573$4K10xas long as short
Aevo COIN-PERP+0.0104%1h198.11−0.102%$11710xas long as short
BloFin COIN-USDT+0.0120%8h199.02+0.358%$198K$377K20xas long as short
Phoenix COIN+0.0160%1h198.22−0.045%$5K$251K10xas long as short
edgeX COINUSDC+0.0190%4h198.61+0.151%$51K$295K10xas long as short