Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.002%
Price spread now: OKX against Ondo Perps+0.061%7-day average +0.087% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days+0.097%+$10 · spread now +0.061%, 7d avg +0.087%
=Together, before fees+0.081%+ Points / potential airdropOndo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.026% cheaper against Ondo Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.087%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COIN-USD.P | 197.05 | 0.0050 | pay 0.0006% / 1h | 7m 25s | $349K | $2.7M | 10x |
| Short | OKX COIN-USDT-SWAP | 197.17 | 0 | get 0.0000% / 8h | 4h 07m | $3.0M | $4.6M | 20x |
Ondo Perps COIN-USD.P
OKX COIN-USDT-SWAPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.58
- Price spread: +0.061% → +0.087%
- −$2.65
- 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
- −$28.23
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; OKX: 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 OKX live order book, 5 min ago | 0.76 bp | 15.2 bp −$15 | 34.6 bp −$346 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0748% | 8h | 197.27 | +0.112% | $6.3M | $10.3M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.05 | 0.000% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0213% | 8h | 197.20 | +0.076% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0109% | 1h | 196.61 | −0.223% | — | $271K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.18 | +0.065% | $345K | $885K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.14 | +0.045% | $117K | $692K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.17 | +0.061% | $14.8M | $79.5M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.19 | +0.071% | $4.8M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAPshort | 0.0000% | 8h | 197.17 | +0.061% | $3.0M | $4.6M | 20x | |
| Variational Omni COIN | 0.0000% | 8h | 197.03 | −0.011% | $680K | $935K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
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 | 197.06 | +0.007% | $11K | $2.3M | 10x | as long as short |
| QFEX COIN-USD | +0.0013% | 1h | 197.18 | +0.066% | $1.3M | $3.2M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.06 | +0.007% | $347K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.06 | +0.005% | $449K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.22 | +0.086% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.97 | −0.041% | $15.4M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.02 | −0.015% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.18 | +0.066% | $67 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Plong | +0.0050% | 1h | 197.05 | long leg | $349K | $2.7M | 10x | |
| edgeX COINUSDC | +0.0073% | 4h | 197.03 | −0.011% | $51K | $294K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.00 | −0.025% | $992K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.93 | −0.061% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.07 | +0.010% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.06 | +0.003% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.26 | +0.107% | $188K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.00 | −0.025% | $5K | $281K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
edgeX COINUSDC
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN