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: Gate against Ondo Perps+0.606%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. Gate is 0.606% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.606% now, against zero (this spread has no 7-day history yet)): +$61 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 40 days. Mind the row above: over the last 7 days funding on this pair paid +0.160%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps PURR-USD.P13.3610.0050pay 0.0006% / 1h17m 59s$8K$52K5x
ShortGate PURR_USDT13.4420get 0.0000% / 8h4h 17m$52K$37K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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 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: +0.606% → 0.000%
$60.62
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$30.04
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Gate: 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 Ondo Perps no order-book sample
Sell Gate no order-book sample
Ondo Perps and Gate: 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−0.0312%8h13.405+0.329%$378K$2.0M20xas long as short
QFEX PURR-USD0.0000%1h13.380+0.142%$1.3M$1.6M10xas long as short
Bybit PURRUSDT0.0000%8h13.379+0.135%$587K$873K25xas long as short
OKX PURR-USDT-SWAP0.0000%8h13.420+0.442%$576K$1.3M20xas long as short
Gate PURR_USDTshort0.0000%8h13.442+0.606%$52K$37K20x
HTX PURR-USDT0.0000%1h13.392+0.232%$6K$344K20xas long as short
Ondo Perps PURR-USD.Plong+0.0050%1h13.361long leg$8K$52K5x
Extended PURR-USD+0.0608%1h13.373+0.087%$191K$242K10xas long as short