Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.2414 | +0.0100 | pay 0.0013% / 1h | 56m 12s | $694K | $328K | 10x | Long Ondo Perps5% off | |
| SHORT | 1.2397 | +0.0100 | get 0.0013% / 1h | 56m 12s | $677K | $1.3M | 50x | Short TxFlow5% off |
Price gap−0.137%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.167% under its 7d average: the price leg works against you, −$17 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$220.0000% /8h now · paid +0.217% over the last 7D
Price−$17spread −0.137% now, avg +0.030% → −0.167% if it goes back
Costs−$380.385% of $10k · taker + slippage, in and out
Result−$33−0.33%+ Points / potential airdropOndo Perps: points · TxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.137%
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
/8hXRP on 52 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books10.9 / 4.9 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $200Ondo Perps 10x, TxFlow 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: $0.00Long Ondo Perps: 24 payments, −$3.00; short TxFlow: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.137% vs +0.030%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$677K vs $694K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legOndo Perps No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0103%/8h × 21 periods+$21.66
Price spread−0.137% → +0.030% (7d avg)−$16.65
Slippage, 4 orderslive order books−$24.47
Fee Ondo Perps bp × 2 orders−$5.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$33.46
Costs to cover0.385%Break-even17.8 days
Slippage: Ondo Perps: live order book, 41 min ago; TxFlow: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps8.4010.9 bp−$1119.2 bp−$192doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.404.9 bp−$56.1 bp−$6114.2 bp−$1,41933.8 bp−$16.9K
Closing costs about the same again.
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