Funding you earn now, next payment 03:00 UTC+0.0141%/8h= +15.4% APRnext payment +$0.18 per $10,000 · paid last 24h +0.097%
Price spread now: tradeXYZ against Ondo Perps+0.235%7-day average +0.101% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 4 days (all we have)+0.201%+$20 · spread now +0.235%, 7d avg +0.101%
=Together, before fees+0.372%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board+$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and tradeXYZ is 0.134% dearer against Ondo Perps than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.101%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BB-USD.P | 8.5797 | 0.0050 | pay 0.0006% / 1h | 23m 13s | $464K | $435K | 10x |
| Short | tradeXYZ xyz:BB | 8.5999 | 0.0191 | get 0.0024% / 1h | 23m 13s | $10.7M | $3.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $29.54
- Price spread: +0.235% → +0.101%
- $13.42
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $19.97
- Costs to cover
- 0.230%
- Break-even
- 2.3 days
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago | 2.09 bp | 20.8 bp −$21 | doesn't fit | 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.
BB on 9 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 BBSTOCKUSDT | 0.0000% | 8h | 8.5700 | −0.113% | $49K | $23K | 20x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5700 | −0.113% | — | $1K | 10x | as long as short |
| Ondo Perps BB-USD.Plong | +0.0050% | 1h | 8.5797 | long leg | $464K | $435K | 10x | |
| QFEX BB-USD | +0.0080% | 1h | 8.5900 | +0.120% | $1.1M | $266K | 10x | as long as short |
| Extended BB-USD | +0.0184% | 1h | 8.5991 | +0.226% | $9K | $21K | 10x | as long as short |
| tradeXYZ xyz:BBshort | +0.0191% | 1h | 8.5999 | +0.235% | $10.7M | $3.4M | 10x | |
| OKX BB-USDT-SWAP | +0.0194% | 8h | 8.6030 | +0.272% | $215K | $506K | 20x | as long as short |
| MEXC BBSTOCK_USDT | +0.0486% | 8h | 8.5800 | +0.003% | $312K | $107K | 50x | as long as short |
| Lighter BB | +0.1384% | 1h | 8.6118 | +0.374% | $189K | $141K | 10x | as long as short |
tradeXYZ xyz:BB
Bitget BBSTOCKUSDT
Extended BB-USD
OKX BB-USDT-SWAP
MEXC BBSTOCK_USDT
Lighter BB