Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 108.67 | +0.0380 | pay 0.0380% / 8h | 4h 11m | $939K | $1.3M | — | Long BingX | |
| SHORT | 108.48 | +0.0050 | get 0.0006% / 1h | 11m 01s | $280K | $50K | 10x | Short Ondo Perps5% off |
Price gap−0.175%46s
Funding gap−0.0330% /8h
Both sides work against this direction now: funding costs $10 a day on $10k and the gap is 0.034% under its 7d average. Swap the legs.
The two prices were read 46 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−$44−0.0330% /8h now · paid −0.438% over the last 7D
Price—spread −0.175%46s now · prices read too far apart to compare
Costs−$300.299% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.175%
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
/8hBABA on 24 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books7.9 / 6.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $1,000BingX —, Ondo Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$9.89Long BingX: 3 payments, −$11.40; short Ondo Perps: 24 payments, +$1.51.
- Watch: Prices read 46 s apart−0.175% vs −0.140%Part of this gap may be the market moving.
- Watch: Short leg is thinner$280K vs $939K OIOndo Perps sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Ondo Perps NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0209%/8h × 21 periods−$43.85
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$14.88
Fee BingX bp × 2 orders−$10.00
Fee Ondo Perps bp × 2 orders−$5.00
Net · 7 days · $10k−$73.73
price spread not counted: prices read too far apartCosts to cover0.299%Break-evennever at this rate
Slippage: BingX: live order book, 12 min ago; Ondo Perps: live order book, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.387.9 bp−$819.8 bp−$19879.7 bp−$7,970doesn’t fit
SELL · SHORTOndo Perps3.696.7 bp−$722.7 bp−$227doesn’t fitdoesn’t fit
Closing costs about the same again.
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| 09-22 13:30 | Vest Markets | Other | Into the open, $BABA is up around 4%, with Alibaba unveiling its Zhenwu V900 AI chip at its Apsara conference. CEO Eddie Wu said the chip triples the performance of its predecessor, with Alibaba Cloud targeting more than 20 GW of global data center capacity by 2032. Trade $BABA volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |
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