Funding you earn now, next payment 08:00 UTC−0.0495%/8h= −54.2% APRpaid last 24h −0.023%
Price spread now: Bitget against Ondo Perps+0.141%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.220%+$22 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
The price spread pays, funding is against you. Bitget is 0.141% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.141% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 23 hours. Mind the row above: over the last 7 days funding on this pair paid +0.220%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.220% in total (about 11.5% 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 | Ondo Perps PURR-USD.P | 13.447 | 0.0442 | pay 0.0055% / 1h | 19m 05s | $10K | $55K | 5x |
| Short | Bitget PURRUSDT | 13.466 | −0.0053 | pay 0.0053% / 8h | 19m 05s | $385K | $2.0M | 20x |
Ondo Perps PURR-USD.P
Bitget PURRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$103.87
- Price spread: +0.141% → 0.000%
- $14.13
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$106.74
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 13.72 bp | 94.7 bp −$95 | 107.1 bp −$1,071 | 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.
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 PURRUSDTshort | −0.0053% | 8h | 13.466 | +0.141% | $385K | $2.0M | 20x | |
| Bybit PURRUSDT | 0.0000% | 8h | 13.458 | +0.082% | $571K | $876K | 25x | as long as short |
| OKX PURR-USDT-SWAP | 0.0000% | 8h | 13.470 | +0.171% | $600K | $1.3M | 20x | as long as short |
| QFEX PURR-USD | 0.0000% | 1h | 13.430 | −0.126% | $1.3M | $1.7M | 10x | as long as short |
| Gate PURR_USDT | 0.0000% | 8h | 13.455 | +0.059% | $52K | $10K | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.471 | +0.178% | $6K | $343K | 20x | as long as short |
| Ondo Perps PURR-USD.Plong | +0.0442% | 1h | 13.447 | long leg | $10K | $55K | 5x | |
| Extended PURR-USD | +0.1744% | 1h | 13.463 | +0.116% | $193K | $242K | 10x | as long as short |
Bybit PURRUSDT
OKX PURR-USDT-SWAP
QFEX PURR-USD
Gate PURR_USDT
HTX PURR-USDT
Extended PURR-USD