Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.2359 | +0.0058 | pay 0.0007% / 1h | 52m 31s | $654K | $1.3M | 50x | Long TxFlow5% off | |
| SHORT | 1.2341 | +0.0100 | get 0.0013% / 1h | 52m 31s | $690K | $331K | 10x | Short Ondo Perps5% off |
Price gap−0.146%
Funding gap+0.0042% /8h
Funding pays +$1 a day on $10k, but the gap is 0.116% under its 7d average: −$12 if it goes back, about 9.2 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$21+0.0042% /8h now · paid −0.213% over the last 7D
Price−$12spread −0.146% now, avg −0.030% → −0.116% if it goes back
Costs−$350.354% of $10k · taker + slippage, in and out
Result−$68−0.68%+ Points / potential airdropTxFlow: points · Ondo Perps: 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−0.146%
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 books4.9 / 12.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000TxFlow 50x, Ondo Perps 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: +$1.26Long TxFlow: 24 payments, −$1.74; short Ondo Perps: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.146% vs −0.030%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$654K vs $690K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Ondo Perps pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Ondo Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0101%/8h × 21 periods−$21.30
Price spread−0.146% → −0.030% (7d avg)−$11.55
Slippage, 4 orderslive order books−$21.41
Fee TxFlow bp × 2 orders−$9.00
Fee Ondo Perps bp × 2 orders−$5.00
Net · 7 days · $10k−$68.27
Costs to cover0.354%Break-evennever at this rate
Slippage: TxFlow: live order book, 4 min ago; Ondo Perps: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.414.9 bp−$56.6 bp−$6615.8 bp−$1,57846.9 bp−$23.5K
SELL · SHORTOndo Perps8.4512.4 bp−$1221.1 bp−$211doesn’t fitdoesn’t fit
Closing costs about the same again.
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