Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.4954 | +0.0096 | pay 0.0012% / 1h | 34m 04s | $63K | $353K | 20x | Long Popdex | |
| SHORT | 0.4984 | −0.0171 | pay 0.0021% / 1h | 34m 04s | $102K | $195K | 50x | Short ApeX Omni5% off |
Price gap+0.606%57s
Funding gap−0.0267% /8h
The gap pays +$61 on $10k if it goes back to its 7d average, but funding costs $8 a day and eats that in about 7.7 days. At the last 7 days' pace that is about 3 months.
The two prices were read 57 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4−0.0267% /8h now · paid −0.040% over the last 6 days (all we have)
Price—spread +0.606%57s now · prices read too far apart to compare
Costs−$560.557% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
The current funding rate is far below what this pair has been paying: over the last 6 days it paid −0.040% in total, about −0.0022%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.606%
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
2 ok · 3 to watch- Watch: Thin at this size16.0 / 12.6 bpAt $10k entering Popdex costs 16.0 bp, fee and slippage, 1.3× ApeX Omni’s.
- Note: Margin at max leverage$500 + $200Popdex 20x, ApeX Omni 50x. 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: −$8.02Long Popdex: 24 payments, −$2.88; short ApeX Omni: 24 payments, −$5.14.
- Watch: Prices read 57 s apart+0.606% vs −0.009%Part of this gap may be the market moving.
- Watch: Long leg is thinner$63K vs $102K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPopdex No · ApeX Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0022%/8h × 21 periods−$4.52
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$39.34
Fee Popdex bp × 2 orders−$6.40
Fee ApeX Omni bp × 2 orders−$10.00
Net · 7 days · $10k−$60.26
price spread not counted: prices read too far apartCosts to cover0.557%Break-evennever at this rate
Slippage: Popdex: live order book, 22 min ago; ApeX Omni: live order book, 21 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex2.0016.0 bp−$16168.6 bp−$1,686doesn’t fitdoesn’t fit
SELL · SHORTApeX Omni4.0012.6 bp−$1328.6 bp−$286doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 10:22 | Bullet | Listing | By popular demand, $ONDO perps are now live on Bullet. 24/7. Up to 10x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |
| 09-30 07:30 | Bullet | Listing | new market ONDO-USD ($ONDO) seen by our collector |
| 09-30 01:05 | Reya | Listing | ONDORUSDPERP no longer reported ($ONDO) seen by our collector |
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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 ↗ |
| 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 ↗ |


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