Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Polymarket Perps against Ondo Perps−0.025%7-day average +0.040% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 7 days+0.265%+$26 · spread now −0.025%, 7d avg +0.040%
=Together, before fees+0.303%+ Points / potential airdropOndo Perps: Active · farm board+$30 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.065% cheaper against Ondo Perps than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COIN-USD.P | 197.65 | 0.0050 | pay 0.0006% / 1h | 6m 18s | $351K | $2.9M | 10x |
| Short | Polymarket Perps COIN-USD | 197.60 | 0.0050 | get 0.0006% / 1h | 6m 18s | $127K | $1.2M | 10x |
Ondo Perps COIN-USD.P
Polymarket Perps COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$0.08
- Price spread: −0.025% → +0.040%
- −$6.52
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$19.6
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Polymarket Perps: 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 Polymarket Perps live order book, 2 min ago | 0.25 bp | 8.1 bp −$8 | 9.2 bp −$92 | 10.7 bp −$1,070 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0628% | 8h | 197.75 | +0.051% | $6.3M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 198.03 | +0.192% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0207% | 8h | 197.68 | +0.015% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0083% | 1h | 197.27 | −0.192% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.91 | +0.132% | $349K | $876K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.63 | −0.011% | $117K | $691K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.69 | +0.020% | $15.0M | $78.7M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.68 | +0.015% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.67 | +0.010% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.17 | +0.261% | $686K | $1.0M | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.10 | +0.227% | $16K | $2.1M | 10x | as long as short |
| edgeX COINUSDC | +0.0013% | 4h | 198.11 | +0.230% | $51K | $294K | 10x | as long as short |
| QFEX COIN-USD | +0.0016% | 1h | 197.64 | −0.005% | $1.3M | $3.4M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.63 | −0.008% | $357K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.63 | −0.010% | $455K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.04 | +0.197% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.59 | −0.030% | $15.6M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USDshort | +0.0050% | 1h | 197.60 | −0.025% | $127K | $1.2M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 197.68 | +0.015% | $80 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Plong | +0.0050% | 1h | 197.65 | long leg | $351K | $2.9M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.68 | +0.015% | $995K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.05 | +0.202% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.73 | +0.040% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.61 | −0.020% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.79 | +0.071% | $188K | $391K | 20x | as long as short |
| Phoenix COIN | +0.0162% | 1h | 198.22 | +0.288% | $5K | $281K | 10x | as long as short |
GRVT COIN_USDT_Perp
edgeX COINUSDC
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN