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

BB

RWAall BB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0072%/8h= +7.8% APRpaid last 24h −0.012%
Price spread now: Ondo Perps against OKX−0.136%7-day average −0.102% · you buy dearer than you sell
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+0.060%+$6 on $10k
Price spread, last 4 days (all we have)−0.110%−$11 · spread now −0.136%, 7d avg −0.102%
Together, before fees−0.050%+ Points / potential airdropOndo Perps: Active · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.034% cheaper against OKX than usual: you would sell low and buy high (spread −0.136% now, against its 7-day average of −0.102%). If the spread goes back, that is −$3 on $10k: about 38 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.060% in total) that is about 4.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BB-USDT-SWAP8.60200.0282pay 0.0282% / 8h4h 36m$220K$523K20x
ShortOndo Perps BB-USD.P8.59030.0354get 0.0044% / 1h36m 10s$468K$436K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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
$15.03
Price spread: −0.136% → −0.102%
−$3.43
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$3.39
Costs to cover
0.150%
Break-even
8.6 days
Slippage unknown: OKX: live order book, 20 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 OKX live order book, 20 min ago8.12 bp61.4 bp −$61doesn't fitdoesn'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.

BB on 9 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 BBSTOCKUSDT0.0000%8h8.5920−0.116%$49K$23K20xas long as short
Vest BB-USD-PERP+0.0046%1h8.5900−0.140%$1K10xas long as short
QFEX BB-USD+0.0080%1h8.5900−0.140%$1.1M$239K10xas long as short
OKX BB-USDT-SWAPlong+0.0282%8h8.6020long leg$220K$523K20x
Ondo Perps BB-USD.Pshort+0.0354%1h8.5903−0.136%$468K$436K10x
tradeXYZ xyz:BB+0.0561%1h8.6108+0.102%$10.8M$3.5M10xas long as short
Extended BB-USD+0.0568%1h8.6099+0.092%$9K$21K10xas long as short
MEXC BBSTOCK_USDT+0.0585%8h8.5900−0.140%$312K$106K50xas long as short
Lighter BB+0.1072%1h8.6214+0.226%$189K$141K10xas long as short