Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against Ondo Perps+0.245%52s7-day average +0.057% · 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)−0.210%−$21 · spread now +0.245%, 7d avg +0.057%
=Together, before fees−0.133%+ Points / potential airdropOndo Perps: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.188% dearer against Ondo Perps than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.057%. 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 | Ondo Perps COIN-USD.P | 196.29 | 0.0050 | pay 0.0006% / 1h | 34m 22s | $348K | $2.8M | 10x |
| Short | ApeX Omni COINUSDT | 196.77 | 0.0100 | get 0.0013% / 1h | 34m 22s | $88K | $287K | 50x |
Ondo Perps COIN-USD.P
ApeX Omni COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Ondo Perps. 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: +0.245% → +0.057%
- $18.78
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $14.2
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 23 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 23 min ago | 2.79 bp | 7.9 bp −$8 | 13.4 bp −$134 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0767% | 8h | 196.78 | +0.250% | $6.3M | $10.3M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.96 | +0.341% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0209% | 8h | 196.74 | +0.229% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0088% | 1h | 196.22 | −0.036% | — | $277K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.97 | +0.347% | $344K | $885K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.66 | +0.189% | $118K | $694K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.76 | +0.239% | $14.8M | $79.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.69 | +0.204% | $4.8M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.70 | +0.209% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.70 | +0.209% | $679K | $936K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
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 | 196.93 | +0.326% | $13K | $2.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0013% | 1h | 196.68 | +0.199% | $1.3M | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 196.61 | +0.165% | $346K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.60 | +0.158% | $448K | $1.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.97 | +0.346% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.63 | +0.173% | $15.3M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.55 | +0.132% | $136K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.69 | +0.204% | $57 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Plong | +0.0050% | 1h | 196.29 | long leg | $348K | $2.8M | 10x | |
| edgeX COINUSDC | +0.0051% | 4h | 197.01 | +0.365% | $51K | $295K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.70 | +0.209% | $991K | $143K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 196.77 | +0.245% | $88K | $287K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.73 | +0.224% | $569 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.66 | +0.186% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.94 | +0.331% | $188K | $391K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.00 | +0.362% | $4K | $281K | 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
edgeX COINUSDC
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN