Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against ApeX Omni+0.645%52s7-day average −0.056% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)−0.676%−$68 · spread now +0.645%, 7d avg −0.056%
=Together, before fees−0.753%+ Points / potential airdropOndo Perps: Active · farm board−$75 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.701% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.645% now, against its 7-day average of −0.056%): +$70 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 47 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni COINUSDT | 195.25 | 0.0100 | pay 0.0013% / 1h | 19m 57s | $88K | $285K | 50x |
| Short | Ondo Perps COIN-USD.P | 196.51 | 0.0050 | get 0.0006% / 1h | 19m 57s | $425K | $2.5M | 10x |
ApeX Omni COINUSDT
Ondo Perps COIN-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against ApeX Omni. 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
- −$10.42
- Price spread: +0.645% → −0.056%
- $70.12
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $44.7
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 12 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 ApeX Omni live order book, 12 min ago | 3.59 bp | 8.6 bp −$9 | 13.9 bp −$139 | 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.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.17 | +0.471% | $71K | $177K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0068% | 1h | 196.23 | +0.502% | — | $319K | 25x | as long as short |
| Bitget COINUSDT | −0.0002% | 8h | 197.04 | +0.917% | $6.4M | $10.1M | 20x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.59 | +0.685% | $343K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.94 | +0.866% | $4.6M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.07 | +0.932% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 196.77 | +0.778% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.82 | +0.805% | $662K | $980K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.49 | +0.125% | $13K | $3.0M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 196.71 | +0.746% | $365K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Bitget COINUSDT
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0032% | 1h | 196.70 | +0.743% | $474K | $1.3M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0032% | 1h | 196.79 | +0.791% | $104K | $859K | 10x | as long as short |
| Binance COINUSDT | +0.0034% | 8h | 196.92 | +0.856% | $14.9M | $81.4M | 20x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.89 | +0.840% | $17K | $49K | 5x | as long as short |
| edgeX COINUSDC | +0.0043% | 4h | 195.30 | +0.028% | $50K | $295K | 10x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 196.64 | +0.712% | $1.3M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.66 | +0.722% | $15.3M | $12.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.58 | +0.681% | $135K | $1.4M | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 196.51 | +0.645% | $425K | $2.5M | 10x | |
| BloFin COIN-USDT | +0.0094% | 8h | 196.89 | +0.840% | $189K | $486K | 20x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.58 | +0.681% | $989K | $199K | 20x | as long as short |
| ApeX Omni COINUSDTlong | +0.0100% | 1h | 195.25 | long leg | $88K | $285K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.71 | +0.748% | $569 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.73 | +0.757% | $116 | — | 10x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 194.76 | −0.251% | $4K | $283K | 10x | as long as short |
| SoDEX COIN-USD | +0.0280% | 1h | 196.59 | +0.686% | $76 | $3K | 10x | as long as short |
Lighter RH COIN
Extended COIN_24_5-USD
Binance COINUSDT
Arcus COIN-USD
edgeX COINUSDC
QFEX COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
BloFin COIN-USDT
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
SoDEX COIN-USD