Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 86.400 | +0.0050 | pay 0.0006% / 1h | 9m 28s | $1.2M | $1.2M | 10x | Long Ondo Perps5% off | |
| SHORT | 86.630 | +0.0163 | get 0.0163% / 8h | 3h 09m | $182K | $102K | 30x | Short HTX |
Price gap+0.266%
Funding gap+0.0113% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.052% above its 7d average: +$5 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8+0.0113% /8h now · paid −0.078% over the last 7D
Price+$5spread +0.266% now, avg +0.214% → +0.052% if it goes back
Costs−$330.327% of $10k · taker + slippage, in and out
Result−$35−0.35%+ 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+0.266%
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
/8hINTC on 43 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books5.9 / 9.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $333Ondo Perps 10x, HTX 30x. 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: +$3.39Long Ondo Perps: 24 payments, −$1.51; short HTX: 3 payments, +$4.90.
- OK: Entry gap works for you+0.266% vs +0.214%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$182K vs $1.2M OIHTX 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 · HTX LimitedNo ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0037%/8h × 21 periods−$7.80
Price spread+0.266% → +0.214% (7d avg)+$5.22
Slippage, 4 orderslive order books−$15.73
Fee Ondo Perps bp × 2 orders−$5.00
Fee HTX bp × 2 orders−$12.00
Net · 7 days · $10k−$35.31
Costs to cover0.327%Break-evennever at this rate
Slippage: Ondo Perps: live order book, 3 min ago; HTX: live order book, 58 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps2.315.9 bp−$611.4 bp−$114doesn’t fitdoesn’t fit
SELL · SHORTHTX3.479.5 bp−$917.4 bp−$174doesn’t fitdoesn’t fit
Closing costs about the same again.
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