COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.003%

Price spread now: Arcus against Ondo Perps+0.141%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. Arcus is 0.141% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.141% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 46 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps COIN-USD.P	198.35	0.0050	pay 0.0006% / 1h	52m 24s	$333K	$2.1M	10x
Short	Arcus COIN-USD	198.63	0.0040	get 0.0005% / 1h	52m 24s	$17K	$28K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Ondo Perps. 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee ArcusbpOrdersPrice spread, now +0.141%Rate

Funding earned: −$2.13
Price spread: +0.141% → 0.000%: $14.12
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $2.49
Costs to cover: 0.095%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; Arcus: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Arcus no order-book sample	—	—	—	—	—

Ondo Perps and Arcus: 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	198.16	−0.096%	$17K	$224K	30x	as long as short
Aster COINUSDT	0.0000%	8h	198.56	+0.107%	$346K	$868K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	198.48	+0.065%	$106K	$854K	10x	as long as short
Binance COINUSDT	0.0000%	8h	198.58	+0.115%	$14.6M	$75.8M	20x	as long as short
Bybit COINUSDT	0.0000%	8h	198.59	+0.121%	$4.7M	$5.5M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	198.52	+0.086%	$3.1M	$4.4M	20x	as long as short
Gate COIN_USDT	0.0000%	8h	198.55	+0.101%	$1.2M	$6.4M	50x	as long as short
Bitget COINUSDT	0.0000%	8h	198.56	+0.106%	$6.4M	$9.5M	20x	as long as short
Variational Omni COIN	0.0000%	8h	198.69	+0.174%	$770K	$921K	—	as long as short
GRVT COIN_USDT_Perp	0.0000%	8h	198.79	+0.222%	$11K	$3.2M	10x	as long as short

Show all 26 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX COIN-USD	+0.0032%	1h	198.53	+0.091%	$1.3M	$2.6M	10x	as long as short
Lighter COIN	+0.0032%	1h	198.48	+0.067%	$346K	$1.9M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	198.48	+0.066%	$483K	$1.1M	10x	as long as short
Arcus COIN-USDshort	+0.0040%	1h	198.63	+0.141%	$17K	$28K	5x
Vest COIN-USD-PERP	+0.0046%	1h	198.49	+0.071%	—	$275K	25x	as long as short
tradeXYZ xyz:COIN	+0.0050%	1h	198.47	+0.060%	$14.8M	$11.6M	10x	as long as short
Polymarket Perps COIN-USD	+0.0050%	1h	198.36	+0.005%	$136K	$1.2M	10x	as long as short
SoDEX COIN-USD	+0.0050%	1h	198.63	+0.141%	$97	$3K	10x	as long as short
Ondo Perps COIN-USD.Plong	+0.0050%	1h	198.35	long leg	$333K	$2.1M	10x
Phoenix COIN	+0.0081%	1h	198.68	+0.166%	$5K	$256K	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	198.59	+0.121%	$936K	$244K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	198.63	+0.141%	$89K	$272K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	198.58	+0.116%	$574	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	198.61	+0.129%	$117	—	10x	as long as short
BloFin COIN-USDT	+0.0120%	8h	198.73	+0.192%	$193K	$492K	20x	as long as short
edgeX COINUSDC	+0.0231%	4h	198.64	+0.148%	$51K	$293K	10x	as long as short