Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.020%
Price spread now: Extended against Ondo Perps+0.178%7-day average +0.038% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.178%, 7d avg +0.038%
=Together, before fees−0.239%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.140% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.178% now, against its 7-day average of +0.038%): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.3 days. At the pace of the last 7 days (−0.045% in total) that is about 22 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COIN-USD.P | 201.41 | 0.0050 | pay 0.0006% / 1h | 46m 00s | $359K | $3.3M | 10x |
| Short | Extended COIN_24_5-USD | 201.77 | 0 | get 0.0000% / 1h | 46m 00s | $120K | $538K | 10x |
Ondo Perps COIN-USD.P
Extended COIN_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$10.58
- Price spread: +0.178% → +0.038%
- $13.99
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$6.59
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 27 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 Extended live order book, 27 min ago | 1.24 bp | 9.5 bp −$9 | 81.0 bp −$810 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.70 | +0.144% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.74 | +0.166% | $370K | $840K | 20x | as long as short |
| Extended COIN_24_5-USDshort | 0.0000% | 1h | 201.77 | +0.178% | $120K | $538K | 10x | |
| Binance COINUSDT | 0.0000% | 8h | 201.82 | +0.206% | $15.8M | $76.0M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.78 | +0.184% | $5.1M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.83 | +0.209% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.79 | +0.189% | $1.3M | $6.8M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.91 | +0.248% | $6.9M | $9.3M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.87 | +0.230% | $839K | $1.1M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.69 | +0.137% | $12K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0021% | 1h | 201.87 | +0.228% | $1.4M | $3.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.73 | +0.159% | $433K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.76 | +0.174% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.76 | +0.174% | — | $437K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 201.67 | +0.129% | $16.6M | $12.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.77 | +0.179% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.78 | +0.184% | $95 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Plong | +0.0050% | 1h | 201.41 | long leg | $359K | $3.3M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.84 | +0.213% | $1.0M | $135K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.60 | +0.094% | $91K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.78 | +0.184% | $584 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.81 | +0.197% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.72 | +0.154% | $200K | $341K | 20x | as long as short |
| Lighter COIN | +0.0136% | 1h | 201.79 | +0.191% | $376K | $1.8M | 10x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 201.59 | +0.089% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDC | +0.0878% | 4h | 201.60 | +0.096% | $52K | $294K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
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
Lighter COIN
Phoenix COIN
edgeX COINUSDC