Funding you earn now, next payment 12:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.015%
Price spread now: KuCoin against Ondo Perps−0.035%7-day average +0.083% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 7 days+1.199%+$120 · spread now −0.035%, 7d avg +0.083%
=Together, before fees+1.306%+ Points / potential airdropOndo Perps: Active · farm board+$131 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.118% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.083%). If the spread goes back, that is −$12 on $10k: about 8.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COIN-USD.P | 198.53 | 0.0050 | pay 0.0006% / 1h | 44m 15s | $330K | $2.1M | 10x |
| Short | KuCoin COINUSDTM | 198.46 | 0.0100 | get 0.0100% / 8h | 4h 44m | $936K | $269K | 20x |
Ondo Perps COIN-USD.P
KuCoin COINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $10.42
- Price spread: −0.035% → +0.083%
- −$11.83
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$18.42
- Costs to cover
- 0.170%
- Break-even
- 19.4 days
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 53 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 KuCoin live order book, 53 min ago | 12.87 bp | 62.0 bp −$62 | doesn't fit | 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 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 | 198.44 | −0.045% | $17K | $222K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.51 | −0.011% | $346K | $868K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 198.65 | +0.062% | $106K | $919K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.70 | +0.084% | $14.7M | $74.9M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.72 | +0.096% | $4.7M | $5.3M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.69 | +0.081% | $3.1M | $3.9M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.68 | +0.076% | $1.2M | $6.2M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.75 | +0.111% | $6.4M | $9.5M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.01 | −0.262% | $787K | $906K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.49 | −0.019% | $17K | $3.4M | 10x | as long as short |
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 COIN
GRVT COIN_USDT_PerpShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter COIN | +0.0032% | 1h | 198.59 | +0.030% | $343K | $1.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.58 | +0.025% | $487K | $1.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0033% | 1h | 198.65 | +0.060% | $1.3M | $2.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.73 | +0.101% | $20K | $31K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 198.45 | −0.040% | — | $277K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.52 | −0.005% | $14.7M | $11.1M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 198.45 | −0.040% | $119K | $1.3M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 198.57 | +0.020% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Plong | +0.0050% | 1h | 198.53 | long leg | $330K | $2.1M | 10x | |
| KuCoin COINUSDTMshort | +0.0100% | 8h | 198.46 | −0.035% | $936K | $269K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.95 | −0.292% | $89K | $272K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.55 | +0.010% | $574 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.59 | +0.033% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 198.46 | −0.035% | $196K | $481K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.92 | −0.307% | $5K | $268K | 10x | as long as short |
| edgeX COINUSDC | +0.0135% | 4h | 198.01 | −0.263% | $51K | $294K | 10x | as long as short |
Lighter COIN
Lighter RH COIN
QFEX COIN-USD
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC