Funding you earn now, next payment 10:00 UTC−0.0142%/8h= −15.6% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Gate−0.222%7-day average −0.105% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 7 days−0.144%−$14 · spread now −0.222%, 7d avg −0.105%
=Together, before fees−0.240%+ Points / potential airdropOndo Perps: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Ondo Perps is 0.118% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.105%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COIN_USDT | 197.91 | 0 | get 0.0000% / 8h | 6h 56m | $1.2M | $6.5M | 50x |
| Short | Ondo Perps COIN-USD.P | 197.47 | −0.0142 | pay 0.0018% / 1h | 56m 58s | $381K | $2.3M | 10x |
Gate COIN_USDT
Ondo Perps COIN-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Gate. 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
- −$29.9
- Price spread: −0.222% → −0.105%
- −$11.76
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$61.66
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 1 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 Gate live order book, 1 min ago | 7.08 bp | 16.3 bp −$16 | 99.2 bp −$992 | 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 | 197.14 | −0.389% | $17K | $224K | 30x | as long as short |
| Ondo Perps COIN-USD.Pshort | −0.0142% | 1h | 197.47 | −0.222% | $381K | $2.3M | 10x | |
| Vest COIN-USD-PERP | −0.0020% | 1h | 197.50 | −0.207% | — | $322K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.89 | −0.009% | $345K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.86 | −0.025% | $4.7M | $5.8M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.12 | +0.106% | $3.1M | $4.7M | 20x | as long as short |
| Gate COIN_USDTlong | 0.0000% | 8h | 197.91 | long leg | $1.2M | $6.5M | 50x | |
| Bitget COINUSDT | 0.0000% | 8h | 197.88 | −0.015% | $6.5M | $10.0M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.99 | +0.040% | $672K | $831K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.26 | +0.177% | $14K | $3.0M | 10x | as long as short |
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended COIN_24_5-USD | +0.0024% | 1h | 197.84 | −0.034% | $105K | $848K | 10x | as long as short |
| Binance COINUSDT | +0.0027% | 8h | 197.89 | −0.008% | $14.6M | $79.4M | 20x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.70 | −0.108% | $357K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.71 | −0.101% | $471K | $1.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0036% | 1h | 197.60 | −0.157% | $1.3M | $2.7M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.75 | −0.081% | $17K | $37K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0046% | 1h | 197.90 | −0.005% | $14.9M | $12.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.55 | −0.182% | $138K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.70 | −0.106% | $75 | $3K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.80 | −0.056% | $932K | $228K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.00 | +0.045% | $89K | $280K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.82 | −0.045% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.70 | −0.106% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0108% | 8h | 197.91 | 0.000% | $190K | $489K | 20x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 198.21 | +0.152% | $5K | $253K | 10x | as long as short |
| edgeX COINUSDC | +0.0632% | 4h | 198.03 | +0.058% | $51K | $293K | 10x | as long as short |
Extended COIN_24_5-USD
Binance COINUSDT
Lighter COIN
Lighter RH COIN
QFEX COIN-USD
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