Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2070 | −0.0593 | get 0.0074% / 1h | 18m 26s | $178K | $350K | 10x | Long RISExInvite | |
| SHORT | 0.2081 | +0.0100 | get 0.0013% / 1h | 18m 26s | $183K | $245K | 5x | Short Ondo Perps5% off |
Price gap+0.541%
Funding gap+0.0693% /8h
Both sides work: funding pays +$21 a day on $10k, and the gap is 0.559% above its 7d average: +$56 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$19+0.0693% /8h now · paid +0.195% over the last 7D
Price+$56spread +0.541% now, avg −0.018% → +0.559% if it goes back
Costs−$270.273% of $10k · taker + slippage, in and out
Result+$48+0.48%+ Points / potential airdropOndo Perps: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.195% in total, about +0.0093%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.541%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hENA on 45 exchanges
lowest funding firstBefore you open
5 ok · 1 to watch- OK: Fits both order books5.4 / 8.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $2,000RISEx 10x, Ondo Perps 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$20.80Long RISEx: 24 payments, +$17.80; short Ondo Perps: 24 payments, +$3.00.
- OK: Entry gap works for you+0.541% vs −0.018%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$178K vs $183K OIRISEx sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps pointsVolume here counts toward the points program.
- OK: No KYC on either legRISEx No · Ondo Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0093%/8h × 21 periods+$19.50
Price spread+0.541% → −0.018% (7d avg)+$55.91
Slippage, 4 orderslive order books−$16.32
Fee RISEx bp × 2 orders−$6.00
Fee Ondo Perps bp × 2 orders−$5.00
Net · 7 days · $10k+$48.08
Costs to cover0.273%Break-evenfrom the start
Slippage: RISEx: live order book, 6 min ago; Ondo Perps: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGRISEx2.405.4 bp−$523.4 bp−$234doesn’t fitdoesn’t fit
SELL · SHORTOndo Perps4.578.2 bp−$813.3 bp−$133doesn’t fitdoesn’t fit
Closing costs about the same again.
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