Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 20.858 | +0.0050 | pay 0.0006% / 1h | 30m 31s | $18K | $310K | 5x | Long Ondo Perps5% off | |
| SHORT | 20.870 | 0 | 0.0000% / 8h | 5h 30m | $75K | $18K | 25x | Short Bybit |
Price gap+0.058%
Funding gap−0.0050% /8h
The gap pays +$6 on $10k if it goes back to zero (no 7-day history yet), but funding costs $2 a day and eats that in about 3.8 days.
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 +0.058% 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+0.058%
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$2,000 + $400Ondo Perps 5x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.51Long Ondo Perps: 24 payments, −$1.51; short Bybit: 3 payments, $0.00.
- Note: No 7-day spread history+0.058%The gap cannot be compared with its average yet.
- Watch: Long 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: KYCOndo Perps No · Bybit YesStandard 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+0.058% → 0+$5.75
Slippage, 4 ordersno data for Bybit—
Fee Ondo Perps bp × 2 orders−$5.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$22.36
Costs to cover0.160%Break-evennever at this rate
Slippage: Ondo Perps: live order book, 31 min ago; Bybit: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps8.6412.6 bp−$1387.0 bp−$870doesn’t fitdoesn’t fit
SELL · SHORTBybit—————
Closing costs about the same again.
Bybit: no data.
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