Funding you earn now, next payment 23:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.030%
Price spread now: Ondo Perps against QFEX−0.243%7-day average −0.048% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.052%+$5 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now −0.243%, 7d avg −0.048%
=Together, before fees+0.020%+ Points / potential airdropOndo Perps: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.195% cheaper against QFEX than usual: you would sell low and buy high (spread −0.243% now, against its 7-day average of −0.048%). If the spread goes back, that is −$20 on $10k: about 19 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 | QFEX COIN-USD | 201.69 | 0.0016 | pay 0.0002% / 1h | 5m 59s | $1.4M | $3.9M | 10x |
| Short | Ondo Perps COIN-USD.P | 201.20 | 0.0050 | get 0.0006% / 1h | 5m 59s | $361K | $3.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against QFEX. 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
- $7.27
- Price spread: −0.243% → −0.048%
- −$19.52
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$27.25
- Costs to cover
- 0.150%
- Break-even
- 33.2 days
Slippage unknown: QFEX: live order book, 12 min ago; Ondo Perps: no order-book sample. 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 QFEX live order book, 12 min ago | 2.23 bp | 7.2 bp −$7 | 7.8 bp −$78 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 | 201.27 | −0.208% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.64 | −0.025% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.59 | −0.050% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.62 | −0.033% | $15.6M | $76.7M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.67 | −0.010% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.67 | −0.010% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.66 | −0.015% | $1.3M | $7.0M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.72 | +0.015% | $6.9M | $9.9M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.52 | −0.083% | $799K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.66 | −0.016% | $19K | $2.0M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USDlong | +0.0016% | 1h | 201.69 | long leg | $1.4M | $3.9M | 10x | |
| Lighter COIN | +0.0032% | 1h | 201.57 | −0.061% | $372K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.54 | −0.074% | $433K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.68 | −0.005% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.55 | −0.069% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.58 | −0.055% | $140K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.59 | −0.050% | $85 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 201.20 | −0.243% | $361K | $3.3M | 10x | |
| tradeXYZ xyz:COIN | +0.0094% | 1h | 201.60 | −0.045% | $16.5M | $13.1M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.65 | −0.020% | $1.0M | $141K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.60 | −0.045% | $91K | $346K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.63 | −0.030% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.61 | −0.037% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.72 | +0.015% | $199K | $341K | 20x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 201.69 | 0.000% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0479% | 4h | 201.53 | −0.079% | $52K | $293K | 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_Perp
Lighter COIN
Lighter RH COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
tradeXYZ xyz:COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC