Funding you earn now, next payment 10:00 UTC−0.0195%/8h= −21.4% APRnext payment −$0.24 per $10,000 · paid last 24h +0.003%
Price spread now: Ondo Perps against Arcus−0.212%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.212% cheaper against Arcus than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus COIN-USD | 197.89 | 0.0040 | pay 0.0005% / 1h | 56m 38s | $17K | $37K | 5x |
| Short | Ondo Perps COIN-USD.P | 197.47 | −0.0155 | pay 0.0019% / 1h | 56m 38s | $380K | $2.3M | 10x |
Arcus COIN-USD
Ondo Perps COIN-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Arcus. 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
- −$41.05
- Price spread: −0.212% → 0.000%
- −$21.22
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$71.77
- Costs to cover
- 0.095%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Arcus and 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.14 | −0.379% | $17K | $224K | 30x | as long as short |
| Ondo Perps COIN-USD.Pshort | −0.0155% | 1h | 197.47 | −0.212% | $380K | $2.3M | 10x | |
| Vest COIN-USD-PERP | −0.0020% | 1h | 197.50 | −0.197% | — | $322K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.87 | −0.012% | $345K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.73 | −0.081% | $4.6M | $5.8M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.72 | −0.086% | $3.1M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 197.78 | −0.056% | $1.2M | $6.5M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 197.71 | −0.091% | $6.4M | $10.0M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.99 | +0.050% | $672K | $831K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.26 | +0.187% | $14K | $3.0M | 10x | as long as short |
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COINUSDT | +0.0023% | 8h | 197.84 | −0.023% | $14.6M | $79.1M | 20x | as long as short |
| Extended COIN_24_5-USD | +0.0024% | 1h | 197.75 | −0.068% | $105K | $848K | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.70 | −0.097% | $357K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.71 | −0.091% | $471K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0034% | 1h | 197.67 | −0.111% | $14.9M | $12.3M | 10x | as long as short |
| QFEX COIN-USD | +0.0036% | 1h | 197.69 | −0.101% | $1.3M | $2.7M | 10x | as long as short |
| Arcus COIN-USDlong | +0.0040% | 1h | 197.89 | long leg | $17K | $37K | 5x | |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.55 | −0.172% | $138K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.70 | −0.096% | $75 | $3K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.79 | −0.051% | $933K | $228K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.00 | +0.056% | $89K | $280K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.82 | −0.035% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.70 | −0.096% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0108% | 8h | 197.91 | +0.010% | $190K | $489K | 20x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 198.21 | +0.162% | $5K | $253K | 10x | as long as short |
| edgeX COINUSDC | +0.0632% | 4h | 198.03 | +0.068% | $51K | $293K | 10x | as long as short |
Binance COINUSDT
Extended COIN_24_5-USD
Lighter COIN
Lighter RH COIN
tradeXYZ xyz:COIN
QFEX COIN-USD
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