Funding you earn now, next payment 10:00 UTC−0.0292%/8h= −32.0% APRpaid last 24h −0.191%
Price spread now: Ondo Perps against edgeX−0.164%54s7-day average −0.074% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.553%−$55 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.164%, 7d avg −0.074%
=Together, before fees−0.544%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board−$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Ondo Perps is 0.090% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.074%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COINUSDC | 198.02 | 0.0343 | pay 0.0171% / 4h | 2h 10m | $51K | $295K | 10x |
| Short | Ondo Perps COIN-USD.P | 197.70 | 0.0050 | get 0.0006% / 1h | 10m 26s | $342K | $2.1M | 10x |
edgeX COINUSDC
Ondo Perps COIN-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against edgeX. 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
- −$61.38
- Price spread: −0.164% → −0.074%
- −$8.98
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$84.36
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 40 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 edgeX live order book, 40 min ago | 5.31 bp | 10.4 bp −$10 | 16.3 bp −$163 | 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 | 197.52 | −0.254% | $17K | $224K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.97 | −0.027% | $345K | $868K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.90 | −0.064% | $105K | $856K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.96 | −0.032% | $14.6M | $76.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.01 | −0.007% | $4.7M | $5.5M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.91 | −0.058% | $3.1M | $4.4M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.05 | +0.013% | $1.2M | $6.6M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.08 | +0.028% | $6.4M | $9.8M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.95 | −0.037% | $768K | $921K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.86 | −0.084% | $18K | $3.2M | 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 | 197.90 | −0.063% | $346K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.96 | −0.032% | $481K | $1.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0036% | 1h | 197.94 | −0.042% | $1.3M | $2.6M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.96 | −0.032% | $17K | $28K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 197.79 | −0.118% | — | $293K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.88 | −0.073% | $14.8M | $11.8M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.80 | −0.113% | $136K | $1.3M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.93 | −0.047% | $96 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 197.70 | −0.164% | $342K | $2.1M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.88 | −0.073% | $933K | $233K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.84 | −0.093% | $89K | $272K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.93 | −0.047% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.94 | −0.044% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 198.01 | −0.007% | $193K | $489K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.97 | −0.027% | $5K | $257K | 10x | as long as short |
| edgeX COINUSDClong | +0.0343% | 4h | 198.02 | long leg | $51K | $295K | 10x |
Lighter COIN
Lighter RH COIN
QFEX COIN-USD
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