Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 109.56 | 0 | 0.0000% / 8h | 2h 18m | $2.8M | $2.1M | 20x | Long MEXC | |
| SHORT | 109.39 | +0.0037 | get 0.0005% / 1h | 18m 46s | $417K | $4.5M | 10x | Short Ondo Perps5% off |
Price gap−0.155%
Funding gap+0.0037% /8h
Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10+0.0037% /8h now · paid +0.096% over the last 7D
Price$0spread −0.155% now, avg −0.155% → −0.001% if it goes back
Costs−$240.245% of $10k · taker + slippage, in and out
Result−$15−0.15%+ 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−0.155%
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 30 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books2.5 / 10.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $1,000MEXC 20x, 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: +$1.10Long MEXC: 3 payments, $0.00; short Ondo Perps: 24 payments, +$1.10.
- Note: Gap at its usual level−0.155% vs −0.155%The price leg adds little either way.
- Watch: Short leg is thinner$417K vs $2.8M 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: KYCMEXC Yes · Ondo Perps NoKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0046%/8h × 21 periods+$9.62
Price spread−0.155% → −0.155% (7d avg)−$0.05
Slippage, 4 orderslive order books−$15.47
Fee MEXC bp × 2 orders−$4.00
Fee Ondo Perps bp × 2 orders−$5.00
Net · 7 days · $10k−$14.91
Costs to cover0.245%Break-even17.9 days
Slippage: MEXC: live order book, 2 min ago; Ondo Perps: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC0.462.5 bp−$25.4 bp−$54177.3 bp−$17.7Kdoesn’t fit
SELL · SHORTOndo Perps1.3710.5 bp−$1025.8 bp−$258doesn’t fitdoesn’t fit
Closing costs about the same again.
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