Funding you earn now, next payment 04:00 UTC−0.0118%/8h= −13.0% APRpaid last 24h −0.027%
Price spread now: OKX against Ondo Perps−0.190%48s7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.263%+$26 · spread now −0.190%, 7d avg −0.015%
=Together, before fees+0.212%+ Points / potential airdropOndo Perps: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.175% cheaper against Ondo Perps than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.015%). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps US100-USD.P | 30,592.2 | 0.0118 | pay 0.0015% / 1h | 12m 50s | $6.0M | $8.5M | 25x |
| Short | OKX US100-USDT-SWAP | 30,534 | 0 | get 0.0000% / 8h | 4h 12m | $262K | $379K | 20x |
Ondo Perps US100-USD.P
OKX US100-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$24.86
- Price spread: −0.190% → −0.015%
- −$17.54
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$57.4
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 43 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 OKX live order book, 43 min ago | 0.16 bp | 5.2 bp −$5 | 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.
NAS100 on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NAS100_USDC | −0.0212% | 8h | 30,567.1 | −0.082% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,544.7 | −0.155% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0105% | 8h | 30,578 | −0.046% | $24.8M | $19.7M | 200x | as long as short |
| OKX US100-USDT-SWAPshort | 0.0000% | 8h | 30,534 | −0.190% | $262K | $379K | 20x | |
| Bitget NDX100USDT | 0.0000% | 8h | 30,557 | −0.115% | $3.5M | $633K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,579 | −0.043% | $2K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,544.7 | −0.155% | $1.4M | $183K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,578 | −0.046% | $1.3M | $1.4M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,573 | −0.063% | $3.9M | $96.2M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,578.8 | −0.044% | $2.0M | $5.7M | 20x | as long as short |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
MEXC NAS100_USDT
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
QFEX US100-USD
Lighter US100
Extended TECH100m-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,868.6 | +0.904% | — | $199.1M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,572.9 | −0.063% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,578 | −0.046% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.Plong | +0.0118% | 1h | 30,592.2 | long leg | $6.0M | $8.5M | 25x | |
| Kraken Futures PF_US100USD | +0.2793% | 1h | 30,653.6 | +0.201% | $131K | $127K | 20x | as long as short |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD