Funding you earn now, next payment 06:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.158%
Price spread now: edgeX against Ondo Perps−0.049%54s7-day average +0.071% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.551%+$55 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.049%, 7d avg +0.071%
=Together, before fees+0.714%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board+$71 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.120% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.071%). If the spread goes back, that is −$12 on $10k: about 9.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.551% in total) that is about 37 hours. The two prices were read 54 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 | 10m 19s | $450K | $2.9M | 10x |
| Short | edgeX COINUSDC | 196.19 | 0.0094 | get 0.0047% / 4h | 2h 10m | $51K | $294K | 10x |
Ondo Perps COIN-USD.P
edgeX COINUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $9.18
- Price spread: −0.049% → +0.071%
- −$12.01
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$16.83
- Costs to cover
- 0.140%
- Break-even
- 19.8 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 38 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 edgeX live order book, 38 min ago | 5.60 bp | 10.5 bp −$11 | 16.7 bp −$167 | 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 | −0.0813% | 8h | 196.68 | +0.199% | $6.4M | $10.7M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.17 | −0.061% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0110% | 1h | 195.86 | −0.219% | — | $289K | 25x | as long as short |
| Gate COIN_USDT | −0.0076% | 8h | 196.68 | +0.199% | $1.2M | $7.4M | 50x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.38 | +0.047% | $343K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.46 | +0.089% | $112K | $854K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.52 | +0.119% | $15.1M | $82.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.52 | +0.117% | $4.7M | $6.3M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.60 | +0.158% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.45 | +0.079% | $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 | 195.99 | −0.153% | $11K | $2.6M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.44 | +0.076% | $458K | $1.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0038% | 1h | 196.47 | +0.092% | $1.3M | $3.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.27 | −0.010% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.37 | +0.041% | $15.3M | $13.9M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.36 | +0.036% | $128K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.53 | +0.122% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Plong | +0.0050% | 1h | 196.29 | long leg | $450K | $2.9M | 10x | |
| Phoenix COIN | +0.0082% | 1h | 195.83 | −0.234% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDCshort | +0.0094% | 4h | 196.19 | −0.049% | $51K | $294K | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.22 | −0.036% | $989K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.02 | −0.138% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.53 | +0.122% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.53 | +0.122% | $116 | — | 10x | as long as short |
| Lighter COIN | +0.0112% | 1h | 196.49 | +0.103% | $380K | $2.3M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.51 | +0.112% | $187K | $421K | 20x | 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
BloFin COIN-USDT