Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.158%
Price spread now: edgeX against Ondo Perps+0.172%7-day average +0.073% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.551%+$55 on $10k
+Price spread, last 4 days (all we have)+0.178%+$18 · spread now +0.172%, 7d avg +0.073%
=Together, before fees+0.730%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board+$73 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: edgeX is 0.099% dearer against Ondo Perps than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COIN-USD.P | 195.74 | 0.0050 | pay 0.0006% / 1h | 33m 17s | $445K | $2.8M | 10x |
| Short | edgeX COINUSDC | 196.08 | 0.0050 | get 0.0025% / 4h | 33m 17s | $50K | $295K | 10x |
Ondo Perps COIN-USD.P
edgeX COINUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.18
- Price spread: +0.172% → +0.073%
- $9.91
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$4.26
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 5 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 5 min ago | 5.61 bp | 10.6 bp −$11 | 16.6 bp −$166 | doesn't fit | doesn'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.
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 | 195.84 | +0.051% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0346% | 8h | 196.08 | +0.174% | $6.4M | $10.6M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0045% | 1h | 195.51 | −0.118% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.80 | +0.032% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.91 | +0.085% | $106K | $861K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.96 | +0.112% | $15.0M | $82.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.88 | +0.072% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.92 | +0.092% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.97 | +0.118% | $1.2M | $7.3M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.93 | +0.095% | $712K | $974K | — | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.86 | +0.059% | $22K | $2.8M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 195.86 | +0.060% | $362K | $2.3M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.85 | +0.056% | $463K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.15 | +0.209% | $17K | $58K | 5x | as long as short |
| edgeX COINUSDCshort | +0.0050% | 4h | 196.08 | +0.172% | $50K | $295K | 10x | |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.80 | +0.031% | $15.1M | $13.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.82 | +0.041% | $134K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.89 | +0.077% | $97 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Plong | +0.0050% | 1h | 195.74 | long leg | $445K | $2.8M | 10x | |
| QFEX COIN-USD | +0.0065% | 1h | 195.91 | +0.087% | $1.3M | $2.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.79 | +0.026% | $987K | $137K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.71 | −0.015% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.90 | +0.082% | $567 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.86 | +0.061% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 195.89 | +0.077% | $187K | $436K | 20x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.80 | +0.031% | $4K | $283K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
QFEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN