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

PURR

RWAall PURR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h +0.024%
Price spread now: Ondo Perps against QFEX+0.161%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Ondo Perps is 0.161% dearer against QFEX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX PURR-USD13.6600get 0.0000% / 1h15m 42s$1.3M$2.3M10x
ShortOndo Perps PURR-USD.P13.6820.0190get 0.0024% / 1h15m 42s$7K$49K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against QFEX. 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
$39.98
Price spread: +0.161% → 0.000%
$16.11
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$41.09
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: QFEX: live order book, 1 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 QFEX live order book, 1 min ago3.66 bp30.1 bp −$3038.4 bp −$384doesn'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
Bybit PURRUSDT0.0000%8h13.684+0.176%$631K$921K25xas long as short
OKX PURR-USDT-SWAP0.0000%8h13.740+0.586%$569K$1.3M20xas long as short
QFEX PURR-USDlong0.0000%1h13.660long leg$1.3M$2.3M10x
Gate PURR_USDT0.0000%8h13.724+0.469%$53K$36K20xas long as short
Bitget PURRUSDT0.0000%8h13.711+0.373%$331K$2.0M20xas long as short
HTX PURR-USDT0.0000%1h13.735+0.549%$7K$332K20xas long as short
Ondo Perps PURR-USD.Pshort+0.0190%1h13.682+0.161%$7K$49K5x
Extended PURR-USD+0.0792%1h13.680+0.149%$203K$244K10xas long as short