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

BB

RWAall BB markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BB-USD.P8.57970.0050pay 0.0006% / 1h23m 13s$464K$435K10x
ShorttradeXYZ xyz:BB8.59990.0191get 0.0024% / 1h23m 13s$10.7M$3.4M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell tradeXYZ live order book, 4 min ago2.09 bp20.8 bp −$21doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BBSTOCKUSDT0.0000%8h8.5700−0.113%$49K$23K20xas long as short
Vest BB-USD-PERP+0.0046%1h8.5700−0.113%$1K10xas long as short
Ondo Perps BB-USD.Plong+0.0050%1h8.5797long leg$464K$435K10x
QFEX BB-USD+0.0080%1h8.5900+0.120%$1.1M$266K10xas long as short
Extended BB-USD+0.0184%1h8.5991+0.226%$9K$21K10xas long as short
tradeXYZ xyz:BBshort+0.0191%1h8.5999+0.235%$10.7M$3.4M10x
OKX BB-USDT-SWAP+0.0194%8h8.6030+0.272%$215K$506K20xas long as short
MEXC BBSTOCK_USDT+0.0486%8h8.5800+0.003%$312K$107K50xas long as short
Lighter BB+0.1384%1h8.6118+0.374%$189K$141K10xas long as short