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

BB

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0142%/8h= −15.6% APRpaid last 24h −0.039%
Price spread now: Bitget against Ondo Perps+0.123%60s7-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 6 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
The price spread pays, funding is against you. Bitget is 0.123% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.123% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.9 days. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BB-USD.P8.55950.0142pay 0.0018% / 1h49m 29s$492K$441K10x
ShortBitget BBSTOCKUSDT8.57000get 0.0000% / 8h1h 49m$49K$16K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$29.9
Price spread: +0.123% → 0.000%
$12.27
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$34.64
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: 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 Bitget no order-book sample
Ondo Perps and Bitget: 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 BBSTOCKUSDTshort0.0000%8h8.5700+0.123%$49K$16K20x
Vest BB-USD-PERP+0.0046%1h8.5700+0.123%$87510xas long as short
tradeXYZ xyz:BB+0.0050%1h8.5859+0.308%$10.9M$3.1M10xas long as short
QFEX BB-USD+0.0080%1h8.5600+0.006%$1.1M$174K10xas long as short
Ondo Perps BB-USD.Plong+0.0142%1h8.5595long leg$492K$441K10x
Extended BB-USD+0.0160%1h8.5850+0.297%$9K$11K10xas long as short
OKX BB-USDT-SWAP+0.0443%8h8.5640+0.053%$202K$535K20xas long as short
MEXC BBSTOCK_USDT+0.0635%8h8.5600+0.006%$311K$106K50xas long as short
Lighter BB+0.1728%1h8.5971+0.439%$188K$147K10xas long as short