Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.032%
Price spread now: tradeXYZ against Ondo Perps+0.051%7-day average +0.024% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 7 days+0.153%+$15 · spread now +0.051%, 7d avg +0.024%
=Together, before fees+0.240%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board+$24 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: tradeXYZ is 0.027% dearer against Ondo Perps than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COIN-USD.P | 196.19 | 0.0050 | pay 0.0006% / 1h | 5m 30s | $350K | $2.7M | 10x |
| Short | tradeXYZ xyz:COIN | 196.29 | 0.0050 | get 0.0006% / 1h | 5m 30s | $15.3M | $13.7M | 10x |
Ondo Perps COIN-USD.P
tradeXYZ xyz:COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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: +0.051% → +0.024%
- $2.71
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$20.38
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: 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 tradeXYZ live order book, 2 min ago | 0.25 bp | 11.4 bp −$11 | 15.5 bp −$155 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0732% | 8h | 196.58 | +0.199% | $6.3M | $10.5M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.32 | +0.066% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0225% | 8h | 196.48 | +0.148% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0110% | 1h | 195.76 | −0.219% | — | $270K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.26 | +0.035% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.33 | +0.071% | $116K | $845K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.37 | +0.093% | $14.6M | $80.5M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.39 | +0.102% | $4.8M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.43 | +0.122% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.50 | +0.158% | $689K | $944K | — | 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 | 196.45 | +0.135% | $20K | $2.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 196.38 | +0.097% | $1.3M | $3.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.34 | +0.076% | $454K | $1.5M | 10x | as long as short |
| Lighter COIN | +0.0040% | 1h | 196.37 | +0.089% | $380K | $2.1M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.55 | +0.183% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COINshort | +0.0050% | 1h | 196.29 | +0.051% | $15.3M | $13.7M | 10x | |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.26 | +0.036% | $132K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.48 | +0.148% | $86 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Plong | +0.0050% | 1h | 196.19 | long leg | $350K | $2.7M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.29 | +0.051% | $989K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.34 | +0.076% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.48 | +0.148% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.50 | +0.156% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.49 | +0.153% | $188K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0122% | 1h | 196.37 | +0.092% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0805% | 4h | 196.36 | +0.087% | $51K | $295K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter RH COIN
Lighter COIN
Arcus COIN-USD
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC