Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 185.64 | +0.0037 | pay 0.0037% / 8h | 3h 28m | $916K | $1.7M | — | Long BingX | |
| SHORT | 184.84 | +0.0503 | get 0.0063% / 1h | 28m 48s | $523K | $1.8M | 10x | Short Ondo Perps5% off |
Price gap−0.431%46s
Funding gap+0.0466% /8h
Funding pays +$14 a day on $10k, but the gap is 0.369% under its 7d average: −$37 if it goes back, about 2.6 days of funding.
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−$1+0.0466% /8h now · paid −0.006% over the last 7D
Price—spread −0.431%46s now · prices read too far apart to compare
Costs−$320.321% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.006% in total, about −0.0003%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.431%
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
/8hCBRS on 28 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books10.5 / 7.9 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: +$13.99Long BingX: 3 payments, −$1.11; short Ondo Perps: 24 payments, +$15.10.
- Watch: Prices read 46 s apart−0.431% vs −0.061%Part of this gap may be the market moving.
- Watch: Short leg is thinner$523K vs $916K 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−0.0003%/8h × 21 periods−$0.57
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$17.10
Fee BingX bp × 2 orders−$10.00
Fee Ondo Perps bp × 2 orders−$5.00
Net · 7 days · $10k−$32.68
price spread not counted: prices read too far apartCosts to cover0.321%Break-evennever at this rate
Slippage: BingX: live order book, 12 min ago; Ondo Perps: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.2710.5 bp−$1118.4 bp−$18476.9 bp−$7,695doesn’t fit
SELL · SHORTOndo Perps3.257.9 bp−$814.3 bp−$143doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-17 10:29 | Deribit | Listing | 🚨 More equity and commodity perpetuals are now live on Deribit Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL ↓ @DeribitOfficial on X ↗ |
| 09-16 15:02 | Deribit | Listing | 🚨 More To Trade. Tomorrow, September 17, 2026, at 10:00 AM UTC, 11 more equity perpetual markets and 4 commodity perpetuals will go live on Deribit. All settled in USDC. Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL This launch is part of Deribit’s biggest-ever product expansion: more than 90 new USDC-settled perpetuals across crypto, listed equities and ETFs, commodities, the COIN50 index and private-market valuations. Read more: Disclaimer: Equity & Commodity perpetuals are offered by Deribit FZE under its Limited Licence Approval from VARA, and are subject to the conditions, client eligibility criteria and restrictions of that approval. @DeribitOfficial on X ↗ |
Deribit