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

COIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0490%/8h= −53.7% APRnext payment $0.61 per $10,000 · paid last 24h −0.148%
Price spread now: Injective against Ondo Perps−0.069%7-day average · 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−0.881%−$88 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Injective is 0.069% cheaper against Ondo Perps than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps COIN-USD.P201.690.0050pay 0.0006% / 1h13m 18s$361K$3.3M10x
ShortInjective COIN/USDC PERP201.55−0.0440pay 0.0055% / 1h13m 18s$44K$49K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$102.98
Price spread: −0.069% → 0.000%
−$6.94
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$114.95
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Injective: 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 Ondo Perps no order-book sample
Sell Injective no order-book sample
Ondo Perps and Injective: 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 PERPshort−0.0440%1h201.55−0.069%$44K$49K30x
Aster COINUSDT0.0000%8h202.02+0.165%$370K$839K20xas long as short
Extended COIN_24_5-USD0.0000%1h201.92+0.114%$119K$446K10xas long as short
Binance COINUSDT0.0000%8h201.95+0.129%$15.7M$76.6M20xas long as short
Bybit COINUSDT0.0000%8h201.96+0.134%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h201.99+0.149%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h201.96+0.134%$1.3M$7.0M50xas long as short
Bitget COINUSDT0.0000%8h202.00+0.154%$6.9M$10.1M20xas long as short
Variational Omni COIN0.0000%8h202.06+0.181%$840K$1.1Mas long as short
GRVT COIN_USDT_Perp0.0000%8h201.91+0.109%$12K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h201.85+0.079%$1.4M$4.0M10xas long as short
Lighter RH COIN+0.0032%1h201.94+0.124%$435K$1.8M10xas long as short
Lighter COIN+0.0040%1h201.94+0.126%$377K$2.0M10xas long as short
Arcus COIN-USD+0.0040%1h202.10+0.203%$16K$55K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.93+0.119%$513K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h201.85+0.079%$129K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h201.95+0.129%$85$3K10xas long as short
Ondo Perps COIN-USD.Plong+0.0050%1h201.69long leg$361K$3.3M10x
KuCoin COINUSDTM+0.0100%8h202.05+0.178%$1.0M$138K20xas long as short
ApeX Omni COINUSDT+0.0100%1h202.11+0.208%$91K$310K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h201.98+0.144%$584$4K10xas long as short
Aevo COIN-PERP+0.0104%1h201.92+0.113%$11910xas long as short
tradeXYZ xyz:COIN+0.0114%1h201.91+0.109%$16.6M$13.2M10xas long as short
BloFin COIN-USDT+0.0120%8h201.97+0.139%$200K$342K20xas long as short
edgeX COINUSDC+0.0147%4h202.06+0.185%$52K$295K10xas long as short
Phoenix COIN+0.0238%1h201.85+0.079%$5K$279K10xas long as short