Funding you earn now, next payment 07:00 UTC+0.0542%/8h= +59.3% APRpaid last 24h +0.020%
Price spread now: Ondo Perps against Bybit+0.045%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Ondo Perps is 0.045% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.147%, so the current rate has only just turned in your favour. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.147% in total (about -7.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PURRUSDT | 13.394 | 0 | get 0.0000% / 8h | 1h 41m | $572K | $874K | 25x |
| Short | Ondo Perps PURR-USD.P | 13.400 | 0.0542 | get 0.0068% / 1h | 41m 00s | $9K | $54K | 5x |
Bybit PURRUSDT
Ondo Perps PURR-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. 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
- $113.74
- Price spread: +0.045% → 0.000%
- $4.48
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $102.22
- Costs to cover
- 0.160%
- Break-even
- 0.7 days
Slippage unknown: Bybit: live order book, 64 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 Bybit live order book, 64 min ago | 7.82 bp | 71.2 bp −$71 | 1197.5 bp −$12.0K | 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.
PURR on 8 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 PURRUSDT | −0.0433% | 8h | 13.389 | −0.037% | $384K | $1.9M | 20x | as long as short |
| Bybit PURRUSDTlong | 0.0000% | 8h | 13.394 | long leg | $572K | $874K | 25x | |
| OKX PURR-USDT-SWAP | 0.0000% | 8h | 13.430 | +0.269% | $599K | $1.3M | 20x | as long as short |
| QFEX PURR-USD | 0.0000% | 1h | 13.380 | −0.105% | $1.3M | $1.7M | 10x | as long as short |
| Gate PURR_USDT | 0.0000% | 8h | 13.426 | +0.239% | $52K | $10K | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.445 | +0.381% | $6K | $343K | 20x | as long as short |
| Ondo Perps PURR-USD.Pshort | +0.0542% | 1h | 13.400 | +0.045% | $9K | $54K | 5x | |
| Extended PURR-USD | +0.1664% | 1h | 13.410 | +0.120% | $192K | $242K | 10x | as long as short |
Bitget PURRUSDT
OKX PURR-USDT-SWAP
QFEX PURR-USD
Gate PURR_USDT
HTX PURR-USDT
Extended PURR-USD