Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.001%
Price spread now: Binance against Ondo Perps−0.099%7-day average +0.082% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 2 days (all we have)+0.159%+$16 · spread now −0.099%, 7d avg +0.082%
=Together, before fees+0.101%+ Points / potential airdropOndo Perps: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.181% cheaper against Ondo Perps than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.082%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COIN-USD.P | 201.85 | 0.0050 | pay 0.0006% / 1h | 54m 32s | $361K | $3.3M | 10x |
| Short | Binance COINUSDT | 201.65 | 0 | get 0.0000% / 8h | 7h 54m | $15.8M | $76.2M | 20x |
Ondo Perps COIN-USD.P
Binance COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 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: −0.099% → +0.082%
- −$18.1
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$43.68
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 3 min ago. 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 Binance live order book, 3 min ago | 0.49 bp | 7.2 bp −$7 | 14.0 bp −$140 | 68.6 bp −$6,857 | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.98 | +0.064% | $45K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.83 | −0.012% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.61 | −0.117% | $119K | $442K | 10x | as long as short |
| Binance COINUSDTshort | 0.0000% | 8h | 201.65 | −0.099% | $15.8M | $76.2M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 201.67 | −0.089% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.75 | −0.050% | $3.3M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.78 | −0.035% | $1.3M | $6.8M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.80 | −0.025% | $6.9M | $9.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.35 | +0.247% | $842K | $1.1M | — | as long as short |
| QFEX COIN-USD | +0.0021% | 1h | 201.54 | −0.154% | $1.4M | $3.9M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
QFEX COIN-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus COIN-USD | +0.0040% | 1h | 202.16 | +0.154% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.55 | −0.149% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.53 | −0.159% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.80 | −0.025% | $94 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Plong | +0.0050% | 1h | 201.85 | long leg | $361K | $3.3M | 10x | |
| tradeXYZ xyz:COIN | +0.0078% | 1h | 201.59 | −0.129% | $16.6M | $12.4M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.78 | −0.035% | $1.0M | $137K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.26 | +0.203% | $91K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.91 | +0.030% | $584 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.06 | +0.103% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.77 | −0.040% | $199K | $341K | 20x | as long as short |
| Lighter RH COIN | +0.0192% | 1h | 201.80 | −0.025% | $434K | $1.5M | 10x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 202.36 | +0.253% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDC | +0.0296% | 4h | 202.22 | +0.185% | $52K | $293K | 10x | as long as short |
| Lighter COIN | +0.0344% | 1h | 201.64 | −0.103% | $376K | $1.8M | 10x | as long as short |
| GRVT COIN_USDT_Perp | +0.0439% | 8h | 202.28 | +0.212% | $12K | $2.0M | 10x | as long as short |
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
tradeXYZ xyz:COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Lighter RH COIN
Phoenix COIN
edgeX COINUSDC
Lighter COIN
GRVT COIN_USDT_Perp