Funding you earn now, next payment 08:00 UTC−0.0558%/8h= −61.1% APRpaid last 24h −0.023%
Price spread now: OKX against Ondo Perps+0.223%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+0.143%+$14 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. OKX is 0.223% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.223% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 32 hours. Mind the row above: over the last 7 days funding on this pair paid +0.143%, 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 0.143% in total (about 7.5% 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 | 13.460 | 0.0558 | pay 0.0070% / 1h | 50m 08s | $9K | $55K | 5x |
| Short | OKX PURR-USDT-SWAP | 13.490 | 0 | get 0.0000% / 8h | 50m 08s | $601K | $1.3M | 20x |
Ondo Perps PURR-USD.P
OKX PURR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$117.1
- Price spread: +0.223% → 0.000%
- $22.29
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$109.81
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 3.71 bp | 53.5 bp −$54 | 292.7 bp −$2,927 | 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 PURRUSDT | −0.0194% | 8h | 13.468 | +0.059% | $385K | $2.0M | 20x | as long as short |
| Bybit PURRUSDT | 0.0000% | 8h | 13.484 | +0.178% | $574K | $876K | 25x | as long as short |
| OKX PURR-USDT-SWAPshort | 0.0000% | 8h | 13.490 | +0.223% | $601K | $1.3M | 20x | |
| QFEX PURR-USD | 0.0000% | 1h | 13.430 | −0.223% | $1.3M | $1.8M | 10x | as long as short |
| Gate PURR_USDT | 0.0000% | 8h | 13.463 | +0.022% | $52K | $10K | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.517 | +0.423% | $6K | $342K | 20x | as long as short |
| Ondo Perps PURR-USD.Plong | +0.0558% | 1h | 13.460 | long leg | $9K | $55K | 5x | |
| Extended PURR-USD | +0.2168% | 1h | 13.490 | +0.221% | $193K | $242K | 10x | as long as short |
Bitget PURRUSDT
Bybit PURRUSDT
QFEX PURR-USD
Gate PURR_USDT
HTX PURR-USDT
Extended PURR-USD