Funding you earn now, next payment 12:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Ondo Perps against QFEX−0.061%7-day average −0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.055%+$5 on $10k
+Price spread, last 7 days−0.355%−$36 · spread now −0.061%, 7d avg −0.035%
=Together, before fees−0.300%+ Points / potential airdropOndo Perps: Active · farm board−$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.025% cheaper against QFEX than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.035%). If the spread goes back, that is −$3 on $10k: about 4.8 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.055% in total) that is about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COIN-USD | 197.92 | 0.0033 | pay 0.0004% / 1h | 49m 09s | $1.3M | $2.5M | 10x |
| Short | Ondo Perps COIN-USD.P | 197.80 | 0.0050 | get 0.0006% / 1h | 49m 09s | $326K | $2.1M | 10x |
QFEX COIN-USD
Ondo Perps COIN-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against QFEX. 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
- $3.65
- Price spread: −0.061% → −0.035%
- −$2.52
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$13.88
- Costs to cover
- 0.150%
- Break-even
- 33.6 days
Slippage unknown: QFEX: live order book, 7 min ago; Ondo Perps: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 7 min ago | 1.51 bp | 6.5 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 exchanges
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 | 198.44 | +0.263% | $17K | $222K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.06 | +0.072% | $345K | $868K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.83 | −0.044% | $109K | $919K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.00 | +0.039% | $14.7M | $75.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.08 | +0.081% | $4.7M | $5.3M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.04 | +0.061% | $3.1M | $3.9M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.05 | +0.066% | $1.2M | $6.2M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 197.94 | +0.010% | $6.4M | $9.5M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.65 | +0.370% | $785K | $899K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.62 | +0.353% | $21K | $3.4M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter COIN | +0.0032% | 1h | 197.97 | +0.026% | $342K | $1.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.94 | +0.010% | $481K | $1.1M | 10x | as long as short |
| QFEX COIN-USDlong | +0.0033% | 1h | 197.92 | long leg | $1.3M | $2.5M | 10x | |
| Arcus COIN-USD | +0.0040% | 1h | 198.16 | +0.121% | $20K | $31K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 197.97 | +0.025% | — | $277K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.84 | −0.040% | $14.6M | $11.1M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.86 | −0.030% | $119K | $1.3M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 198.00 | +0.040% | $85 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 197.80 | −0.061% | $326K | $2.1M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.99 | +0.035% | $933K | $264K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.43 | +0.258% | $89K | $272K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.92 | 0.000% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.67 | −0.128% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 198.01 | +0.045% | $195K | $480K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 198.90 | +0.495% | $5K | $268K | 10x | as long as short |
| edgeX COINUSDC | +0.0261% | 4h | 198.55 | +0.320% | $51K | $293K | 10x | as long as short |
Lighter COIN
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
Phoenix COIN
edgeX COINUSDC