Settings8H · net · $10k
Funding arb · Price arb /

PURR

RWAall PURR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.028%
Price spread now: Ondo Perps against Bitget−0.162%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.254%−$25 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.162% cheaper against Bitget than usual: you would sell low and buy high (spread −0.162% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 11 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.254%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PURRUSDT13.5630get 0.0000% / 8h7h 33m$407K$1.9M20x
ShortOndo Perps PURR-USD.P13.5410.0050get 0.0006% / 1h33m 42s$10K$55K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$10.58
Price spread: −0.162% → 0.000%
−$16.22
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$22.64
Costs to cover
0.170%
Break-even
22.0 days
Slippage unknown: Bitget: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago29.45 bp61.9 bp −$6287.7 bp −$877doesn't fitdoesn'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.

PURR on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PURRUSDT0.0000%8h13.521−0.310%$572K$877K25xas long as short
OKX PURR-USDT-SWAP0.0000%8h13.550−0.096%$618K$1.3M20xas long as short
QFEX PURR-USD0.0000%1h13.560−0.022%$1.3M$1.7M10xas long as short
Gate PURR_USDT0.0000%8h13.553−0.074%$52K$6K20xas long as short
Bitget PURRUSDTlong0.0000%8h13.563long leg$407K$1.9M20x
HTX PURR-USDT0.0000%1h13.584+0.155%$6K$343K20xas long as short
Ondo Perps PURR-USD.Pshort+0.0050%1h13.541−0.162%$10K$55K5x
Extended PURR-USD+0.0840%1h13.519−0.327%$193K$250K10xas long as short