Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.9656 | +0.0100 | pay 0.0013% / 1h | 16m 07s | $56K | $22K | 5x | Long Ondo Perps5% off | |
| SHORT | 2.9712 | +0.0100 | get 0.0013% / 1h | 16m 07s | $112.2M | $16.4M | 5x | Short Hyperliquid4% off |
Price gap+0.189%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$19 on $10k if the gap goes back to zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$140.0000% /8h now · paid −0.145% over the last 7D
Price—spread +0.189% now · no price history on both exchanges yet
Costsno datano order book for Ondo Perps
Result, before costs—+ Points / potential airdropOndo Perps: points · Hyperliquid: Season 2 · farm boardneeds both price histories
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+0.189%
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
/8hLIT on 47 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for Ondo Perps: its slippage is not counted.
- Note: Margin at max leverage$2,000 + $2,000Ondo Perps 5x, Hyperliquid 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: $0.00Long Ondo Perps: 24 payments, −$3.00; short Hyperliquid: 24 payments, +$3.00.
- Note: No 7-day spread history+0.189%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$56K vs $112.2M OIOndo Perps sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps points · Hyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legOndo Perps No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0069%/8h × 21 periods−$14.46
Price spread+0.189% → 0+$18.88
Slippage, 4 ordersno data for Ondo Perps—
Fee Ondo Perps bp × 2 orders−$5.00
Fee Hyperliquid bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$9.57
Costs to cover0.140%Break-evenfrom the start
Slippage: Ondo Perps: no order-book sample; Hyperliquid: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps—————
SELL · SHORTHyperliquid0.178.8 bp−$921.3 bp−$21388.1 bp−$8,813doesn’t fit
Closing costs about the same again.
Ondo Perps: no data.
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