Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.003%
Price spread now: Ondo Perps against Binance−0.202%7-day average −0.083% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 2 days (all we have)+0.136%+$14 · spread now −0.202%, 7d avg −0.083%
=Together, before fees+0.194%+ Points / potential airdropOndo Perps: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.119% cheaper against Binance than usual: you would sell low and buy high (spread −0.202% now, against its 7-day average of −0.083%). If the spread goes back, that is −$12 on $10k: about 7.9 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COINUSDT | 197.83 | 0 | get 0.0000% / 8h | 6h 34m | $14.9M | $78.0M | 20x |
| Short | Ondo Perps COIN-USD.P | 197.43 | 0.0050 | get 0.0006% / 1h | 34m 19s | $350K | $3.2M | 10x |
Binance COINUSDT
Ondo Perps COIN-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Binance. 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
- $10.58
- Price spread: −0.202% → −0.083%
- −$11.93
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$16.35
- Costs to cover
- 0.150%
- Break-even
- 17.8 days
Slippage unknown: Binance: live order book, 8 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 Binance live order book, 8 min ago | 0.25 bp | 8.4 bp −$8 | 15.8 bp −$158 | 67.0 bp −$6,701 | 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 | 197.60 | −0.116% | $44K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0274% | 8h | 197.93 | +0.051% | $6.5M | $10.3M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0005% | 1h | 197.23 | −0.303% | — | $289K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.78 | −0.026% | $360K | $856K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.77 | −0.032% | $117K | $699K | 10x | as long as short |
| Binance COINUSDTlong | 0.0000% | 8h | 197.83 | long leg | $14.9M | $78.0M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 197.90 | +0.035% | $4.9M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.85 | +0.010% | $3.1M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 197.80 | −0.015% | $1.3M | $7.0M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.64 | −0.094% | $818K | $1.0M | — | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.51 | −0.162% | $17K | $2.0M | 10x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.78 | −0.025% | $1.3M | $3.7M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.66 | −0.083% | $389K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.65 | −0.091% | $428K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.74 | −0.045% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.74 | −0.045% | $15.9M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.72 | −0.056% | $127K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.76 | −0.035% | $97 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 197.43 | −0.202% | $350K | $3.2M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.70 | −0.066% | $982K | $138K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.57 | −0.131% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.80 | −0.015% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.77 | −0.033% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 199.02 | +0.602% | $198K | $377K | 20x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 197.65 | −0.091% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDC | +0.0344% | 4h | 197.30 | −0.266% | $51K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC