Funding you earn now, next payment 06:00 UTC+0.0070%/8h= +7.6% APRpaid last 24h +0.038%
Price spread now: BloFin against Ondo Perps+0.092%7-day average +0.067% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.178%+$18 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.092%, 7d avg +0.067%
=Together, before fees+0.068%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.024% dearer against Ondo Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COIN-USD.P | 196.32 | 0.0050 | pay 0.0006% / 1h | 8m 53s | $450K | $2.9M | 10x |
| Short | BloFin COIN-USDT | 196.50 | 0.0120 | get 0.0120% / 8h | 2h 08m | $186K | $422K | 20x |
Ondo Perps COIN-USD.P
BloFin COIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $14.62
- Price spread: +0.092% → +0.067%
- $2.45
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $0.06
- Costs to cover
- 0.170%
- Break-even
- 7.0 days
Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 17 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 BloFin live order book, 17 min ago | 0.51 bp | 9.3 bp −$9 | 16.0 bp −$160 | 39.3 bp −$3,928 | 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 | −0.0797% | 8h | 196.57 | +0.127% | $6.4M | $10.7M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.48 | +0.081% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0110% | 1h | 195.91 | −0.209% | — | $289K | 25x | as long as short |
| Gate COIN_USDT | −0.0077% | 8h | 196.56 | +0.122% | $1.2M | $7.4M | 50x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.26 | −0.033% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.35 | +0.014% | $112K | $854K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.43 | +0.057% | $15.1M | $82.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.40 | +0.041% | $4.7M | $6.3M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.54 | +0.112% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.45 | +0.064% | $713K | $961K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Gate COIN_USDT
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 | 196.51 | +0.098% | $11K | $2.6M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.33 | +0.005% | $458K | $1.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0038% | 1h | 196.51 | +0.097% | $1.3M | $3.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.38 | +0.031% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.25 | −0.036% | $15.3M | $13.8M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.38 | +0.031% | $128K | $1.4M | 10x | as long as short |
| Ondo Perps COIN-USD.Plong | +0.0050% | 1h | 196.32 | long leg | $450K | $2.9M | 10x | |
| SoDEX COIN-USD | +0.0061% | 1h | 196.39 | +0.036% | $93 | $3K | 10x | as long as short |
| Phoenix COIN | +0.0082% | 1h | 196.47 | +0.076% | $4K | $283K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.08 | −0.122% | $988K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.38 | +0.031% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.43 | +0.056% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.43 | +0.056% | $116 | — | 10x | as long as short |
| Lighter COIN | +0.0112% | 1h | 196.34 | +0.011% | $380K | $2.3M | 10x | as long as short |
| BloFin COIN-USDTshort | +0.0120% | 8h | 196.50 | +0.092% | $186K | $422K | 20x | |
| edgeX COINUSDC | +0.0687% | 4h | 196.40 | +0.041% | $51K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
QFEX COIN-USD
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Lighter COIN
edgeX COINUSDC