Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 60.850 | +0.0151 | pay 0.0151% / 8h | 1h 08m | $920K | $1.7M | — | Long BingX | |
| SHORT | 60.760 | +0.0050 | get 0.0006% / 1h | 8m 43s | $1.3M | $1.5M | 10x | Short Ondo Perps5% off |
Price gap−0.148%46s
Funding gap−0.0101% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.029% under its 7d average. Swap the legs.
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−$24−0.0101% /8h now · paid −0.245% over the last 7D
Price—spread −0.148%46s now · prices read too far apart to compare
Costs−$230.226% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.148%
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
/8hDRAM on 36 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books5.8 / 4.8 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: −$3.02Long BingX: 3 payments, −$4.53; short Ondo Perps: 24 payments, +$1.51.
- Watch: Prices read 46 s apart−0.148% vs −0.119%Part of this gap may be the market moving.
- Watch: Long leg is thinner$920K vs $1.3M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps pointsVolume here counts toward the points program.
- Watch: 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−0.0117%/8h × 21 periods−$24.47
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$7.61
Fee BingX bp × 2 orders−$10.00
Fee Ondo Perps bp × 2 orders−$5.00
Net · 7 days · $10k−$47.09
price spread not counted: prices read too far apartCosts to cover0.226%Break-evennever at this rate
Slippage: BingX: live order book, 7 min ago; Ondo Perps: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.825.8 bp−$65.8 bp−$5817.1 bp−$1,71472.7 bp−$36.3K
SELL · SHORTOndo Perps1.654.8 bp−$57.9 bp−$7911.1 bp−$1,106doesn’t fit
Closing costs about the same again.
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