Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005803 | +0.0100 | pay 0.0013% / 1h | 49m 27s | $92K | $556K | 5x | Long Ondo Perps5% off | |
| SHORT | 0.005819 | +0.0100 | get 0.0013% / 1h | 49m 27s | $127K | $348K | 10x | Short Bulk |
Price gap+0.279%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$29 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−$20.0000% /8h now · paid −0.025% over the last 5 days (all we have)
Price+$29spread +0.279% now, avg −0.016% → +0.295% if it goes back
Costsno datano order book for Ondo Perps
Result, before costs+$27+0.27%+ 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
Bulk price against Ondo Perpsnow
RANGE STATS · 7D
Now+0.279%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPUMP on 42 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$2,000 + $1,000Ondo Perps 5x, Bulk 10x. 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 Bulk: 24 payments, +$3.00.
- OK: Entry gap works for you+0.279% vs −0.016%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$92K vs $127K OIOndo Perps 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 · Bulk NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0015%/8h × 21 periods−$3.17
Price spread+0.279% → −0.016% (7d avg)+$29.49
Slippage, 4 ordersno data for Ondo Perps—
Fee Ondo Perps bp × 2 orders−$5.00
Fee Bulk bp × 2 orders−$7.00
Net, fees only · 7 days · $10k+$14.32
Costs to cover0.120%Break-evenfrom the start
Slippage: Ondo Perps: no order-book sample; Bulk: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps—————
SELL · SHORTBulk0.014.7 bp−$57.9 bp−$79doesn’t fitdoesn’t fit
Closing costs about the same again.
Ondo Perps: no data.
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