Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: GRVT against Ondo Perps+0.045%7-day average +0.077% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 3 days (all we have)+0.032%+$3 · spread now +0.045%, 7d avg +0.077%
=Together, before fees−0.062%+ Points / potential airdropOndo Perps: Active · GRVT: Active · farm board−$6 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 GRVT is 0.032% cheaper against Ondo Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.077%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COIN-USD.P | 201.45 | 0.0050 | pay 0.0006% / 1h | 31m 07s | $357K | $3.3M | 10x |
| Short | GRVT COIN_USDT_Perp | 201.54 | 0 | get 0.0000% / 8h | 7h 31m | $14K | $2.0M | 10x |
Ondo Perps COIN-USD.P
GRVT COIN_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: +0.045% → +0.077%
- −$3.2
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$27.79
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; GRVT: live order book, 2 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 GRVT live order book, 2 min ago | 1.24 bp | 9.5 bp −$10 | 15.7 bp −$157 | doesn't fit | 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 | 201.69 | +0.119% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.65 | +0.100% | $369K | $840K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.68 | +0.113% | $120K | $815K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.70 | +0.126% | $15.8M | $75.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.74 | +0.144% | $5.1M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.74 | +0.144% | $3.3M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.74 | +0.144% | $1.3M | $6.8M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.80 | +0.174% | $6.9M | $9.1M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.69 | +0.121% | $839K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perpshort | 0.0000% | 8h | 201.54 | +0.045% | $14K | $2.0M | 10x |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0021% | 1h | 201.71 | +0.129% | $1.4M | $3.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.66 | +0.104% | $434K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.66 | +0.104% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.47 | +0.010% | — | $286K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 201.60 | +0.074% | $16.6M | $12.3M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.62 | +0.084% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.66 | +0.104% | $102 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Plong | +0.0050% | 1h | 201.45 | long leg | $357K | $3.3M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.79 | +0.169% | $1.0M | $125K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.44 | −0.005% | $91K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.68 | +0.114% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.68 | +0.115% | $119 | — | 10x | as long as short |
| Lighter COIN | +0.0112% | 1h | 201.68 | +0.112% | $375K | $1.8M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.74 | +0.144% | $199K | $339K | 20x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 201.53 | +0.040% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDC | +0.0611% | 4h | 201.54 | +0.045% | $52K | $294K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Lighter COIN
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC