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

BB

RWAall BB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0288%/8h= +31.5% APRpaid last 24h +0.007%
Price spread now: OKX against Ondo Perps+0.096%7-day average +0.104% · you sell dearer than you buy
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−0.068%−$7 on $10k
Price spread, last 4 days (all we have)+0.096%+$10 · spread now +0.096%, 7d avg +0.104%
Together, before fees+0.027%+ Points / potential airdropOndo Perps: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.104%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BB-USD.P8.57480.0050pay 0.0006% / 1h7m 35s$492K$446K10x
ShortOKX BB-USDT-SWAP8.58300.0339get 0.0339% / 8h3h 07m$214K$524K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$60.51
Price spread: +0.096% → +0.104%
−$0.84
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
$44.67
Costs to cover
0.150%
Break-even
1.8 days
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 43 min ago. 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 OKX live order book, 43 min ago12.77 bp55.0 bp −$55doesn't fitdoesn't fitdoesn'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.

BB on 9 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
Extended BB-USD−0.0736%1h8.5956+0.243%$9K$21K10xas long as short
tradeXYZ xyz:BB−0.0717%1h8.5964+0.252%$10.9M$3.1M10xas long as short
Bitget BBSTOCKUSDT0.0000%8h8.5800+0.061%$50K$16K20xas long as short
Vest BB-USD-PERP+0.0046%1h8.5800+0.061%$87510xas long as short
Ondo Perps BB-USD.Plong+0.0050%1h8.5748long leg$492K$446K10x
QFEX BB-USD+0.0240%1h8.5800+0.061%$1.1M$192K10xas long as short
OKX BB-USDT-SWAPshort+0.0339%8h8.5830+0.096%$214K$524K20x
MEXC BBSTOCK_USDT+0.0617%8h8.5800+0.061%$312K$108K50xas long as short
Lighter BB+0.1152%1h8.6088+0.397%$189K$144K10xas long as short