Funding you earn now, next payment 07:00 UTC−0.0030%/8h= −3.2% APRnext payment −$0.04 per $10,000 · paid last 24h +0.024%
Price spread now: Ondo Perps against QFEX−0.115%7-day average −0.055% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.115%, 7d avg −0.055%
=Together, before fees+0.133%+ Points / potential airdropOndo Perps: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.060% cheaper against QFEX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.055%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.124%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BB-USD | 8.5300 | 0.0080 | pay 0.0010% / 1h | 26m 11s | $1.1M | $173K | 10x |
| Short | Ondo Perps BB-USD.P | 8.5202 | 0.0050 | get 0.0006% / 1h | 26m 11s | $490K | $439K | 10x |
QFEX BB-USD
Ondo Perps BB-USD.PFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.22
- Price spread: −0.115% → −0.055%
- −$5.97
- 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
- −$27.19
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 4 min ago | 5.85 bp | 19.3 bp −$19 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BB | −0.0912% | 1h | 8.5463 | +0.191% | $10.9M | $3.1M | 10x | as long as short |
| Extended BB-USD | −0.0896% | 1h | 8.5456 | +0.183% | $9K | $11K | 10x | as long as short |
| Bitget BBSTOCKUSDT | 0.0000% | 8h | 8.5340 | +0.047% | $49K | $16K | 20x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5300 | 0.000% | — | $875 | 10x | as long as short |
| Ondo Perps BB-USD.Pshort | +0.0050% | 1h | 8.5202 | −0.115% | $490K | $439K | 10x | |
| QFEX BB-USDlong | +0.0080% | 1h | 8.5300 | long leg | $1.1M | $173K | 10x | |
| OKX BB-USDT-SWAP | +0.0357% | 8h | 8.5420 | +0.141% | $202K | $533K | 20x | as long as short |
| MEXC BBSTOCK_USDT | +0.0537% | 8h | 8.5200 | −0.117% | $310K | $107K | 50x | as long as short |
| Lighter BB | +0.1008% | 1h | 8.5465 | +0.193% | $187K | $147K | 10x | as long as short |
tradeXYZ xyz:BB
Extended BB-USD
Bitget BBSTOCKUSDT
Vest BB-USD-PERP
OKX BB-USDT-SWAP
MEXC BBSTOCK_USDT
Lighter BB