Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5181 | +0.0181 | pay 0.0090% / 4h | 2h 59m | $3.9M | $3.9M | 75x | Long BloFin | |
| SHORT | 0.5188 | +0.0096 | get 0.0012% / 1h | 59m 46s | $62K | $325K | 20x | Short Popdex |
Price gap+0.135%
Funding gap−0.0085% /8h
The gap pays +$16 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 6.1 days. At the last 7 days' pace that is about 3.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$32−0.0085% /8h now · paid −0.324% over the last 6 days (all we have)
Price+$16spread +0.135% now, avg −0.021% → +0.156% if it goes back
Costs−$530.530% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.135%
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
/8hONDO on 41 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size9.2 / 17.6 bpAt $10k entering Popdex costs 17.6 bp, fee and slippage, 1.9× BloFin’s.
- Note: Margin at max leverage$133 + $500BloFin 75x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.54Long BloFin: 6 payments, −$5.42; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you+0.135% vs −0.021%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$62K vs $3.9M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBloFin Limited · Popdex NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0175%/8h × 21 periods−$36.73
Price spread+0.135% → −0.021% (7d avg)+$15.64
Slippage, 4 orderslive order books−$34.61
Fee BloFin bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$74.11
Costs to cover0.530%Break-evennever at this rate
Slippage: BloFin: live order book, 2 min ago; Popdex: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin2.899.2 bp−$913.4 bp−$13428.3 bp−$2,828114.2 bp−$57.1K
SELL · SHORTPopdex1.9317.6 bp−$18159.2 bp−$1,592doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 10:22 | Bullet | Listing | By popular demand, $ONDO perps are now live on Bullet. 24/7. Up to 10x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |
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| 09-30 01:05 | Reya | Listing | ONDORUSDPERP no longer reported ($ONDO) seen by our collector |
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| 09-24 19:59 | OKX | Product | New X Drops Club is live in Europe. Trade $SOL, $ZEC, $NEAR, $ENA, $SUI, $ONDO, $CARDS, $AVAX, $ZAMA or $RENDER for a share of 1,125 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗ |
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