Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Ondo Perps against Bybit+0.001%7-day average +0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 7 days−0.179%−$18 · spread now +0.001%, 7d avg +0.009%
=Together, before fees−0.114%+ Points / potential airdropOndo Perps: Active · farm board−$11 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BTCUSDT | 85,446.9 | 0.0100 | pay 0.0100% / 8h | 3h 23m | $5.18B | $9.86B | 150x |
| Short | Ondo Perps BTC-USD.P | 85,448 | 0.0100 | get 0.0013% / 1h | 23m 22s | $3.8M | $17.8M | 25x |
Bybit BTCUSDT
Ondo Perps BTC-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.001% → +0.009%
- −$0.73
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$16.73
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 6 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 Bybit live order book, 6 min ago | 0.01 bp | 5.5 bp −$6 | 5.5 bp −$55 | 6.8 bp −$676 | 8.0 bp −$4,013 |
| 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.
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0140% | 1h | 85,490 | +0.050% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,442 | −0.006% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0043% | 8h | 85,437.9 | −0.011% | $918.3M | $757.6M | 125x | as long as short |
| BloFin BTC-USDT | −0.0024% | 8h | 85,438.7 | −0.010% | $419.0M | $675.3M | 150x | as long as short |
| 01 Exchange BTCUSD | −0.0016% | 1h | 85,461 | +0.017% | $365K | $2.3M | 50x | as long as short |
| Aster BTCUSDT | −0.0004% | 8h | 85,435.6 | −0.013% | $514.5M | $1.10B | 200x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,460.8 | +0.016% | $505K | $18.7M | 6.7x | as long as short |
| Nado BTC-PERP | +0.0003% | 1h | 85,438.9 | −0.009% | $24.5M | $223.2M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,466.7 | +0.023% | $36.5M | — | 200x | as long as short |
| dYdX BTC-USD | +0.0036% | 1h | 85,485.8 | +0.045% | $16.8M | $21.2M | 50x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
01 Exchange BTCUSD
Aster BTCUSDT
Perpl BTC
Nado BTC-PERP
gTrade (Gains Network) BTC/USD
dYdX BTC-USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0044% | 1h | 85,514 | +0.079% | $339K | $26.9M | 52x | as long as short |
| Deribit BTC-PERPETUAL | +0.0052% | 1h | 85,493.7 | +0.055% | $884.7M | $1.59B | 50x | as long as short |
| SoDEX BTC-USD | +0.0057% | 1h | 85,448 | +0.001% | $59.9M | $336.0M | 40x | as long as short |
| BingX BTC-USDC | +0.0065% | 8h | 85,432.2 | −0.017% | — | $17.1M | — | as long as short |
| Phemex BTCUSDT | +0.0071% | 8h | 85,451.2 | +0.005% | $148.5M | $495.5M | 150x | as long as short |
| Bitget BTCUSDT | +0.0080% | 8h | 85,449.7 | +0.003% | $2.95B | $5.11B | 150x | as long as short |
| Binance BTCUSDT | +0.0096% | 8h | 85,448 | +0.001% | $9.43B | $24.42B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,462.5 | +0.018% | $172.3M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,462.6 | +0.018% | $24.0M | $148.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,445 | −0.002% | $8.4M | $55.0M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,439.2 | −0.009% | $2.7M | $2.0M | 20x | as long as short |
| MEXC BTC_USDT | +0.0097% | 8h | 85,448 | +0.001% | $5.06B | $5.66B | 500x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,450 | +0.004% | $225K | $8.3M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,512.9 | +0.077% | $5.7M | $9.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,528 | +0.095% | $3.79B | $5.02B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,500.4 | +0.063% | $40.1M | $588.0M | 50x | as long as short |
| Bybit BTCUSDTlong | +0.0100% | 8h | 85,446.9 | long leg | $5.18B | $9.86B | 150x | |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,462.4 | +0.018% | $2.59B | $12.12B | 100x | as long as short |
| Ondo Perps BTC-USD.Pshort | +0.0100% | 1h | 85,448 | +0.001% | $3.8M | $17.8M | 25x | |
| Arcus BTC-USD | +0.0100% | 1h | 85,454.8 | +0.009% | $4.7M | $100.4M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,452.3 | +0.006% | $5.53B | $10.82B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,453 | +0.007% | $36.0M | $178.7M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,453 | +0.007% | $154.1M | $565.9M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,480.4 | +0.039% | $279.2M | $928.6M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,439.6 | −0.009% | $214.7M | $168.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,498.2 | +0.060% | $139.9M | $315.6M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,440.7 | −0.007% | $30.2M | $207.1M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,510.9 | +0.075% | — | $11.0M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,450 | +0.004% | $11.1M | $14.3M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,449.5 | +0.003% | $200K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,442.4 | −0.005% | $2.5M | $8.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,496.1 | +0.058% | $206K | $738K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,441.4 | −0.006% | $30.0M | $50.1M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,428.4 | −0.022% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,446.5 | 0.000% | $2.26B | $949.0M | 200x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,447 | 0.000% | $679.5M | $701.9M | 40x | as long as short |
| Reya BTCRUSDPERP | +0.0101% | 1h | 85,444.4 | −0.003% | $6.6M | $147.1M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,424 | −0.027% | $45.1M | $233.7M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,459.5 | +0.015% | — | $106.8M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,485.3 | +0.045% | $117.3M | $5.25B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0135% | 1h | 85,470.4 | +0.027% | $187.6M | $955.6M | 100x | as long as short |
| Kalshi KXBTCPERP | +0.0171% | 8h | 85,487 | +0.047% | $11.7M | $753.9M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0174% | 1h | 85,483.5 | +0.043% | $8.6M | $43.0M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0149% | 1h | 85,465.9 | +0.022% | $13.1M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0248% | 1h | 85,483.6 | +0.043% | $696K | $7.9M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0256% | 1h | 85,504.6 | +0.068% | $78K | $221K | 20x | as long as short |
Injective BTC/USDC PERP
Deribit BTC-PERPETUAL
SoDEX BTC-USD
BingX BTC-USDC
Phemex BTCUSDT
Bitget BTCUSDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
MEXC BTC_USDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Arcus BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Bulk BTC-USD
Reya BTCRUSDPERP
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Kalshi KXBTCPERP
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD