Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.037%
Price spread now: Ondo Perps against Injective−0.018%7-day average −0.085% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.018%, 7d avg −0.085%
=Together, before fees+0.103%+ Points / potential airdropOndo Perps: Active · farm board+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.067% dearer against Injective than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ETH/USDC PERP | 2,738.7 | 0.0096 | pay 0.0012% / 1h | 52m 47s | $118K | $22.5M | 52x |
| Short | Ondo Perps ETH-USD.P | 2,738.2 | 0.0100 | get 0.0013% / 1h | 52m 47s | $2.7M | $16.8M | 25x |
Injective ETH/USDC PERP
Ondo Perps ETH-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Injective. 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
- $0.81
- Price spread: −0.018% → −0.085%
- $6.71
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $2.5
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 1 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 Injective live order book, 1 min ago | 15.68 bp | 15.7 bp −$16 | 15.7 bp −$157 | 15.7 bp −$1,569 | 20926.0 bp −$10.46M |
| 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.
ETH on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | 2,739 | +0.009% | $297K | $5.6M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,739.1 | +0.015% | $5K | $1K | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,740.7 | +0.073% | $11.9M | — | 200x | as long as short |
| Phoenix ETH | −0.0006% | 1h | 2,740.2 | +0.055% | $826K | $2.9M | 25x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,740.4 | +0.062% | $10.8M | $42.0M | 50x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,739.9 | +0.044% | $6.7M | $680.9M | 4.9x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,740.8 | +0.077% | $28.1M | — | 200x | as long as short |
| HTX ETH-USDT | +0.0020% | 8h | 2,740.3 | +0.057% | $1.06B | $1.20B | 200x | as long as short |
| Bullet ETH-USD | +0.0036% | 1h | 2,740.2 | +0.054% | $180K | $1.7M | 20x | as long as short |
| 01 Exchange ETHUSD | +0.0040% | 1h | 2,740 | +0.047% | $187K | $817K | 50x | as long as short |
Perpl ETH
Hotstuff ETH-PERP
GMX ETH/USD [ETH-USDC]
Phoenix ETH
dYdX ETH-USD
Kalshi KXETHPERP
gTrade (Gains Network) ETH/USD
HTX ETH-USDT
Bullet ETH-USD
01 Exchange ETHUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ETH-USDC | +0.0042% | 8h | 2,739.4 | +0.027% | — | $18.4M | — | as long as short |
| Bybit ETHUSDT | +0.0048% | 8h | 2,739.2 | +0.017% | $2.37B | $4.37B | 150x | as long as short |
| Deribit ETH-PERPETUAL | +0.0064% | 1h | 2,742.1 | +0.125% | $259.8M | $199.3M | 50x | as long as short |
| KuCoin ETHUSDTM | +0.0068% | 8h | 2,740.4 | +0.061% | $380.2M | $574.2M | 100x | as long as short |
| OKX ETH-USDT-SWAP | +0.0075% | 8h | 2,739.5 | +0.030% | $1.67B | $10.76B | 100x | as long as short |
| Phemex ETHUSDT | +0.0076% | 8h | 2,740.7 | +0.072% | $265.9M | $65.2M | 150x | as long as short |
| Aster ETHUSDT | +0.0092% | 8h | 2,739.9 | +0.044% | $251.3M | $842.8M | 200x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,741.4 | +0.098% | $113.2M | $430.5M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,742.5 | +0.139% | $23.5M | $103.7M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,737.9 | −0.031% | — | $31.0M | 500x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,738.2 | −0.019% | $4.9M | $155K | 20x | as long as short |
| Injective ETH/USDC PERPlong | +0.0096% | 1h | 2,738.7 | long leg | $118K | $22.5M | 52x | |
| MEXC ETH_USDT | +0.0098% | 8h | 2,740.5 | +0.066% | $1.56B | $2.54B | 500x | as long as short |
| Binance ETHUSDT | +0.0098% | 8h | 2,740.1 | +0.050% | $6.37B | $15.91B | 150x | as long as short |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,744 | +0.194% | $15.7M | $8.0M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,739.7 | +0.037% | $502K | $3.3M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,740.2 | +0.054% | $13.7M | $104.5M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,741.4 | +0.099% | $3.11B | $2.04B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,740.3 | +0.058% | $31.9M | $334.0M | 50x | as long as short |
| Ondo Perps ETH-USD.Pshort | +0.0100% | 1h | 2,738.2 | −0.018% | $2.7M | $16.8M | 25x | |
| Arcus ETH-USD | +0.0100% | 1h | 2,739.8 | +0.041% | $1.5M | $15.9M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,739.7 | +0.035% | $171.0M | $325.1M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,740.6 | +0.070% | $3.34B | $8.84B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,739.7 | +0.036% | $2.07B | $2.74B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,740.4 | +0.061% | $15.2M | $40.7M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,738.5 | −0.008% | $134.0M | $323.1M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,738.7 | −0.001% | $184.2M | $669.9M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,738.7 | +0.001% | $159.3M | $86.4M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.0100% | 1h | 2,739.5 | +0.028% | $8.7M | $31.3M | 100x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,739.9 | +0.044% | $21.1M | $68.6M | 40x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,741.8 | +0.113% | $11.2M | $9.3M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,741.2 | +0.092% | $21K | $20K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,742.8 | +0.150% | $41.4M | $29.9M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,738.1 | −0.023% | $960K | $11.3M | 100x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,740.9 | +0.080% | $54.6M | $187.7M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,741 | +0.083% | — | $844K | 50x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,740 | +0.046% | $30.6M | $72.9M | 50x | as long as short |
| RISEx ETH/USDC | +0.0107% | 1h | 2,740.1 | +0.052% | $5.7M | $11.7M | 25x | as long as short |
| Aftermath Perps ETHUSD | +0.0108% | 1h | 2,738.8 | +0.002% | $30K | $20K | 20x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0120% | 1h | 2,742.2 | +0.127% | $51.3M | $4.28B | 50x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0152% | 1h | 2,741.9 | +0.116% | $83.8M | $315.6M | 100x | as long as short |
| Orderly PERP_ETH_USDC | +0.0200% | 8h | 2,743.1 | +0.162% | $32.3M | $11.7M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0215% | 1h | 2,739.7 | +0.035% | $7.3M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0280% | 1h | 2,741.3 | +0.095% | $248K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0392% | 8h | 2,740.8 | +0.077% | $283.3M | $176.0M | 150x | as long as short |
BingX ETH-USDC
Bybit ETHUSDT
Deribit ETH-PERPETUAL
KuCoin ETHUSDTM
OKX ETH-USDT-SWAP
Phemex ETHUSDT
Aster ETHUSDT
Lighter ETH
Lighter RH ETH
Jupiter Perps ETH-PERP
Aevo ETH-PERP
MEXC ETH_USDT
Binance ETHUSDT
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Nado ETH-PERP
Hyperliquid ETH
Pacifica ETH
Arcus ETH-USD
Bulk ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
ApeX Omni ETHUSDT
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
SoDEX ETH-USD
Vest ETH-PERP
Extended ETH-USD
RISEx ETH/USDC
Aftermath Perps ETHUSD
Coinbase International ETH-PERP-INTX
Kraken Futures PF_ETHUSD
Orderly PERP_ETH_USDC
Reya ETHRUSDPERP
Hibachi ETH/USDT-P
BloFin ETH-USDT