Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 20.860 | 0 | 0.0000% / 8h | 4h 36m | $75K | $17K | 25x | Long Bybit | |
| SHORT | 20.850 | +0.0050 | get 0.0006% / 1h | 36m 20s | $18K | $306K | 5x | Short Ondo Perps5% off |
Price gap−0.048%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.048% under zero (no 7-day history yet): −$5 if it goes back, about 3.2 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$12+0.0050% /8h now · paid +0.121% over the last 7D
Price—spread −0.048% now · no price history on both exchanges yet
Costsno datano order book for Bybit
Result, before costs—+ Points / potential airdropOndo Perps: points · farm boardneeds both price histories
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−0.048%
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
/8hDKNG on 17 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Bybit: its slippage is not counted.
- Note: Margin at max leverage$400 + $2,000Bybit 25x, Ondo Perps 5x. 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: +$1.51Long Bybit: 3 payments, $0.00; short Ondo Perps: 24 payments, +$1.51.
- Note: No 7-day spread history−0.048%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$18K vs $75K 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: KYCBybit Yes · Ondo Perps NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0058%/8h × 21 periods+$12.11
Price spread−0.048% → 0−$4.79
Slippage, 4 ordersno data for Bybit—
Fee Bybit bp × 2 orders−$11.00
Fee Ondo Perps bp × 2 orders−$5.00
Net, fees only · 7 days · $10k−$8.68
Costs to cover0.160%Break-even12.0 days
Slippage: Bybit: no order-book sample; Ondo Perps: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit—————
SELL · SHORTOndo Perps8.8813.9 bp−$1472.6 bp−$726doesn’t fitdoesn’t fit
Closing costs about the same again.
Bybit: no data.
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