Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.028%
Price spread now: KuCoin against Ondo Perps+0.233%7-day average +0.077% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 7 days−0.225%−$22 · spread now +0.233%, 7d avg +0.077%
=Together, before fees−0.118%+ Points / potential airdropOndo Perps: Active · farm board−$12 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 KuCoin is 0.155% dearer against Ondo Perps than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COIN-USD.P | 197.55 | 0.0050 | pay 0.0006% / 1h | 21m 54s | $351K | $3.0M | 10x |
| Short | KuCoin COINUSDTM | 198.01 | 0.0100 | get 0.0100% / 8h | 5h 21m | $997K | $143K | 20x |
Ondo Perps COIN-USD.P
KuCoin COINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.233% → +0.077%
- $15.54
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $8.96
- Costs to cover
- 0.170%
- Break-even
- 1.0 days
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 13 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 KuCoin live order book, 13 min ago | 18.24 bp | 78.3 bp −$78 | doesn't fit | 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 | −0.0733% | 8h | 198.20 | +0.329% | $6.3M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.38 | −0.086% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0199% | 8h | 198.18 | +0.319% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0090% | 1h | 197.52 | −0.015% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.16 | +0.308% | $350K | $877K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 198.10 | +0.278% | $117K | $696K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.15 | +0.304% | $15.1M | $78.5M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.20 | +0.329% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.17 | +0.314% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.67 | +0.063% | $685K | $1.0M | — | 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 | 197.69 | +0.070% | $12K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0016% | 1h | 197.96 | +0.208% | $1.3M | $3.4M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 198.13 | +0.296% | $361K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.08 | +0.268% | $454K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.92 | +0.187% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.01 | +0.233% | $15.6M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 198.04 | +0.248% | $128K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 198.05 | +0.253% | $78 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Plong | +0.0050% | 1h | 197.55 | long leg | $351K | $3.0M | 10x | |
| KuCoin COINUSDTMshort | +0.0100% | 8h | 198.01 | +0.233% | $997K | $143K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.66 | +0.056% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.15 | +0.304% | $573 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.12 | +0.290% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.96 | +0.208% | $189K | $391K | 20x | as long as short |
| Phoenix COIN | +0.0162% | 1h | 197.80 | +0.127% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0293% | 4h | 197.72 | +0.086% | $51K | $294K | 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
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC