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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against OKX−0.137%7-day average −0.086% · you buy dearer than you sell
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+0.016%+$2 on $10k
Price spread, last 7 days−0.168%−$17 · spread now −0.137%, 7d avg −0.086%
Together, before fees−0.151%+ Points / potential airdropOndo Perps: Active · farm board−$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.051% cheaper against OKX than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.086%). If the spread goes back, that is −$5 on $10k: about 3.4 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.016% in total) that is about 22 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX COIN-USDT-SWAP196.780get 0.0000% / 8h7h 20m$3.0M$4.6M20x
ShortOndo Perps COIN-USD.P196.510.0050get 0.0006% / 1h20m 03s$425K$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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
$10.58
Price spread: −0.137% → −0.086%
−$5.1
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$9.52
Costs to cover
0.150%
Break-even
13.3 days
Slippage unknown: OKX: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago1.02 bp11.0 bp −$1134.0 bp −$340doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COIN/USDC PERP−0.0440%1h196.17−0.310%$71K$177K30xas long as short
Vest COIN-USD-PERP−0.0068%1h196.23−0.279%$319K25xas long as short
Bitget COINUSDT−0.0002%8h196.82+0.020%$6.4M$10.1M20xas long as short
Aster COINUSDT0.0000%8h196.42−0.182%$342K$879K20xas long as short
Bybit COINUSDT0.0000%8h196.79+0.005%$4.6M$6.0M50xas long as short
OKX COIN-USDT-SWAPlong0.0000%8h196.78long leg$3.0M$4.6M20x
Gate COIN_USDT0.0000%8h196.77−0.005%$1.2M$6.8M50xas long as short
Variational Omni COIN0.0000%8h196.82+0.021%$662K$980Kas long as short
GRVT COIN_USDT_Perp0.0000%8h195.49−0.653%$13K$3.0M10xas long as short
Lighter COIN+0.0032%1h196.71−0.038%$365K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH COIN+0.0032%1h196.70−0.041%$474K$1.3M10xas long as short
Extended COIN_24_5-USD+0.0032%1h196.67−0.054%$104K$859K10xas long as short
Binance COINUSDT+0.0034%8h196.72−0.028%$14.9M$81.3M20xas long as short
Arcus COIN-USD+0.0040%1h196.89+0.056%$17K$49K5xas long as short
edgeX COINUSDC+0.0043%4h195.30−0.750%$50K$295K10xas long as short
QFEX COIN-USD+0.0047%1h196.64−0.071%$1.3M$2.8M10xas long as short
tradeXYZ xyz:COIN+0.0050%1h196.66−0.061%$15.3M$12.0M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.58−0.102%$135K$1.4M10xas long as short
Ondo Perps COIN-USD.Pshort+0.0050%1h196.51−0.137%$425K$2.5M10x
BloFin COIN-USDT+0.0094%8h196.89+0.056%$189K$486K20xas long as short
KuCoin COINUSDTM+0.0100%8h196.56−0.112%$989K$199K20xas long as short
ApeX Omni COINUSDT+0.0100%1h195.25−0.778%$88K$285K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.71−0.036%$569$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.73−0.026%$11610xas long as short
Phoenix COIN+0.0164%1h194.76−1.027%$4K$283K10xas long as short
SoDEX COIN-USD+0.0280%1h196.59−0.097%$76$3K10xas long as short