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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.004%
Price spread now: Ondo Perps against OKX−0.059%7-day average −0.091% · 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+0.016%+$2 on $10k
Price spread, last 7 days−0.147%−$15 · spread now −0.059%, 7d avg −0.091%
Together, before fees−0.131%+ Points / potential airdropOndo Perps: Active · farm board−$13 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 0.032% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX COIN-USDT-SWAP201.930get 0.0000% / 8h1h 49m$3.3M$4.7M20x
ShortOndo Perps COIN-USD.P201.810.0050get 0.0006% / 1h49m 13s$349K$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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: −0.059% → −0.091%
$3.16
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$1.26
Costs to cover
0.150%
Break-even
7.8 days
Slippage unknown: OKX: 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 OKX live order book, 3 min ago3.22 bp11.5 bp −$1221.5 bp −$215doesn'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
Injective COIN/USDC PERP−0.0440%1h201.46−0.233%$44K$49K30xas long as short
Aster COINUSDT0.0000%8h201.94+0.006%$370K$839K20xas long as short
Extended COIN_24_5-USD0.0000%1h201.87−0.027%$119K$446K10xas long as short
Binance COINUSDT0.0000%8h201.93+0.001%$15.6M$76.8M20xas long as short
Bybit COINUSDT0.0000%8h201.95+0.010%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAPlong0.0000%8h201.93long leg$3.3M$4.7M20x
Gate COIN_USDT0.0000%8h201.92−0.005%$1.3M$6.9M50xas long as short
Variational Omni COIN0.0000%8h201.95+0.011%$759K$983Kas long as short
GRVT COIN_USDT_Perp0.0000%8h202.01+0.041%$17K$2.0M10xas long as short
QFEX COIN-USD+0.0016%1h201.94+0.005%$1.4M$3.8M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget COINUSDT+0.0016%8h201.97+0.020%$6.9M$9.9M20xas long as short
Lighter RH COIN+0.0032%1h201.92−0.005%$435K$1.8M10xas long as short
Arcus COIN-USD+0.0040%1h202.07+0.069%$16K$55K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.81−0.059%$513K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h201.79−0.069%$147K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h201.90−0.015%$81$3K10xas long as short
Ondo Perps COIN-USD.Pshort+0.0050%1h201.81−0.059%$349K$3.2M10x
Lighter COIN+0.0096%1h201.92−0.007%$368K$2.0M10xas long as short
KuCoin COINUSDTM+0.0100%8h201.95+0.010%$1.0M$144K20xas long as short
ApeX Omni COINUSDT+0.0100%1h201.89−0.020%$91K$454K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h201.90−0.015%$584$4K10xas long as short
Aevo COIN-PERP+0.0104%1h201.89−0.020%$11910xas long as short
BloFin COIN-USDT+0.0120%8h201.90−0.015%$200K$338K20xas long as short
Phoenix COIN+0.0198%1h201.90−0.015%$5K$281K10xas long as short
tradeXYZ xyz:COIN+0.0236%1h201.86−0.035%$16.4M$13.1M10xas long as short
edgeX COINUSDC+0.0744%4h201.96+0.015%$52K$293K10xas long as short