Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.4975 | +0.0100 | pay 0.0013% / 1h | 52m 46s | $201K | $134K | 10x | Long Ondo Perps5% off | |
| SHORT | 0.4981 | +0.0096 | get 0.0012% / 1h | 52m 46s | $67K | $334K | 20x | Short Popdex |
Price gap+0.111%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$14 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0004% /8h now · paid −0.008% over the last 6 days (all we have)
Price+$14spread +0.111% now, avg −0.030% → +0.141% if it goes back
Costsno datano order book for Ondo Perps
Result, before costs+$13+0.13%+ Points / potential airdropOndo Perps: points · farm boardcosts unknown: no order book for Ondo Perps · What the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Popdex price against Ondo Perpsnow
RANGE STATS · 7D
Now+0.111%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hONDO on 40 exchanges
lowest funding firstBefore you open
4 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$1,000 + $500Ondo Perps 10x, Popdex 20x. 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: −$0.12Long Ondo Perps: 24 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you+0.111% vs −0.030%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$67K vs $201K OIPopdex 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 legOndo Perps No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0005%/8h × 21 periods−$0.97
Price spread+0.111% → −0.030% (7d avg)+$14.10
Slippage, 4 ordersno data for Ondo Perps—
Fee Ondo Perps bp × 2 orders−$5.00
Fee Popdex bp × 2 orders−$6.40
Net, fees only · 7 days · $10k+$1.72
Costs to cover0.114%Break-evenfrom the start
Slippage: Ondo Perps: no order-book sample; Popdex: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps—————
SELL · SHORTPopdex1.0013.3 bp−$13128.7 bp−$1,287doesn’t fitdoesn’t fit
Closing costs about the same again.
Ondo Perps: no data.
| 09-30 07:30 | Bullet | Listing | new market ONDO-USD ($ONDO) seen by our collector |
| 09-30 01:05 | Reya | Listing | ONDORUSDPERP no longer reported ($ONDO) seen by our collector |
| 09-24 20:07 | 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 1,200 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗ |
| 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 ↗ |
| 09-19 12:00 | KuCoin | Other | Altseason 2026 hasn't officially started—CoinMarketCap's Altcoin Season Index sits near 44, well below the 75 threshold, and Bitcoin dominance is still holding around 58%. But a handful of names are already breaking away: HYPE and ZEC are leading on market cap and momentum, LINK and ONDO anchor the RWA/oracle narrative, while UNI, AAVE, XRP, PENGU, PONS, and Binance Life round out the top 10 watchlist. Which 10 altcoins are traders positioning in before the rotation? We break it all down on the KuCoin Blog 👇 @kucoincom on X ↗ |
| 09-18 06:23 | Phemex | Other | RWA just found a fresh bid. UNI +14%, ONDO +7%, BP ~+14% A new SEC innovation exemption is being read as a friendlier signal for tokenized markets. The bigger tell? RWA projects have raised $476M+ in 2026. Trade the RWA rotation on Phemex👇 @Phemex_official on X ↗ |

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