Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 110.84 | −0.0381 | get 0.0048% / 1h | 16m 16s | $3.3M | $545K | 15x | Long Ondo Perps5% off | |
| SHORT | 111.19 | −0.0262 | pay 0.0131% / 4h | 2h 16m | $967K | $8.2M | — | Short BingX |
Price gap+0.316%
Funding gap+0.0119% /8h
Both sides work: funding pays +$4 a day on $10k, and the gap is 0.143% above its 7d average: +$14 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$35+0.0119% /8h now · paid −0.354% over the last 7D
Price+$14spread +0.316% now, avg +0.173% → +0.143% if it goes back
Costs−$220.224% of $10k · taker + slippage, in and out
Result−$44−0.44%+ Points / potential airdropOndo 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+0.316%
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
/8hBZ on 34 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books5.7 / 5.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$667 + —Ondo Perps 15x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$3.56Long Ondo Perps: 24 payments, +$11.42; short BingX: 6 payments, −$7.86.
- OK: Entry gap works for you+0.316% vs +0.173%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$967K vs $3.3M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps pointsVolume here counts toward the points program.
- Watch: KYCOndo Perps No · BingX YesAdvanced 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−0.0169%/8h × 21 periods−$35.45
Price spread+0.316% → +0.173% (7d avg)+$14.25
Slippage, 4 orderslive order books−$7.38
Fee Ondo Perps bp × 2 orders−$5.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$43.57
Costs to cover0.224%Break-evennever at this rate
Slippage: Ondo Perps: live order book, 2 min ago; BingX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps3.165.7 bp−$69.4 bp−$94doesn’t fitdoesn’t fit
SELL · SHORTBingX0.455.5 bp−$55.9 bp−$596.3 bp−$63120.2 bp−$10.1K
Closing costs about the same again.
| 10-22 15:08 | BingX | Other | When commodities make headlines, depth matters 📊 Trade GOLD, WTI, BRENT, and SILVER perpetuals with deeper order books on #BingXTradFi. Up to 5.1x the depth vs No.2 (GOLD-USDT, 100 bps). See the breakdown 👇 @BingXOfficial on X ↗ |
| 10-19 17:22 | Kalshi | Other | BREAKING: Brent crude surges above $110, its highest since May 19 @Kalshi on X ↗ |
| 10-17 09:31 | Kalshi | Other | JUST IN: Brent crude hits $110 a barrel for the first time since May @Kalshi on X ↗ |
| 10-16 16:42 | Bullet | Listing | By popular demand, BRENTOIL perps are now live on Bullet. 24/7. Up to 10x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |
| 10-16 10:58 | Bullet | Listing | new market BRENTOIL-USD ($BZ) seen by our collector |
| 10-12 17:13 | Aster | Listing | new market BZUSD1 ($BZ) seen by our collector |

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