Funding you earn now, next payment 08:00 UTC−0.0562%/8h= −61.5% APRnext payment −$0.70 per $10,000 · paid last 24h −0.023%
Price spread now: QFEX against Ondo Perps−0.149%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+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 against this trade now: funding costs −$17 a day on $10k at the current rate, and QFEX is 0.149% cheaper against Ondo Perps than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps PURR-USD.P | 13.460 | 0.0562 | pay 0.0070% / 1h | 49m 02s | $9K | $55K | 5x |
| Short | QFEX PURR-USD | 13.440 | 0 | get 0.0000% / 1h | 49m 02s | $1.3M | $1.8M | 10x |
Ondo Perps PURR-USD.P
QFEX PURR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$117.94
- Price spread: −0.149% → 0.000%
- −$14.86
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$147.79
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; QFEX: 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 QFEX live order book, 3 min ago | 97.01 bp | 103.8 bp −$104 | 118.3 bp −$1,183 | 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 | −0.0191% | 8h | 13.458 | −0.015% | $384K | $2.0M | 20x | as long as short |
| Bybit PURRUSDT | 0.0000% | 8h | 13.473 | +0.097% | $573K | $876K | 25x | as long as short |
| OKX PURR-USDT-SWAP | 0.0000% | 8h | 13.490 | +0.223% | $601K | $1.3M | 20x | as long as short |
| QFEX PURR-USDshort | 0.0000% | 1h | 13.440 | −0.149% | $1.3M | $1.8M | 10x | |
| Gate PURR_USDT | 0.0000% | 8h | 13.459 | −0.007% | $52K | $10K | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.458 | −0.015% | $6K | $343K | 20x | as long as short |
| Ondo Perps PURR-USD.Plong | +0.0562% | 1h | 13.460 | long leg | $9K | $55K | 5x | |
| Extended PURR-USD | +0.2096% | 1h | 13.489 | +0.213% | $193K | $242K | 10x | as long as short |
Bitget PURRUSDT
Bybit PURRUSDT
OKX PURR-USDT-SWAP
Gate PURR_USDT
HTX PURR-USDT
Extended PURR-USD