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

PURR

RWAall PURR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.016%
Price spread now: Ondo Perps against OKX−0.551%48s7-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−0.160%−$16 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 0.551% cheaper against OKX than usual: you would sell low and buy high (spread −0.551% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$55 on $10k: about 36 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.160%, so the current rate has only just turned in your favour. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PURR-USDT-SWAP13.4200get 0.0000% / 8h4h 12m$576K$1.3M20x
ShortOndo Perps PURR-USD.P13.3460.0050get 0.0006% / 1h12m 59s$8K$52K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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: −0.551% → 0.000%
−$55.14
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$59.56
Costs to cover
0.150%
Break-even
46.4 days
Slippage unknown: OKX: live order book, 4 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 OKX live order book, 4 min ago3.73 bp59.2 bp −$59287.2 bp −$2,872doesn'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
Bitget PURRUSDT−0.0356%8h13.405−0.112%$378K$2.0M20xas long as short
QFEX PURR-USD0.0000%1h13.380−0.298%$1.3M$1.6M10xas long as short
Bybit PURRUSDT0.0000%8h13.379−0.306%$587K$872K25xas long as short
OKX PURR-USDT-SWAPlong0.0000%8h13.420long leg$576K$1.3M20x
Gate PURR_USDT0.0000%8h13.442+0.164%$52K$37K20xas long as short
HTX PURR-USDT0.0000%1h13.473+0.395%$7K$345K20xas long as short
Ondo Perps PURR-USD.Pshort+0.0050%1h13.346−0.551%$8K$52K5x
Extended PURR-USD+0.0528%1h13.376−0.324%$191K$242K10xas long as short