Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 20.420 | +0.0697 | pay 0.0697% / 8h | 1h 16m | $915K | $1.6M | — | Long BingX | |
| SHORT | 20.390 | +0.0050 | get 0.0006% / 1h | 16m 46s | $18K | $51K | 5x | Short Ondo Perps5% off |
Price gap−0.147%
Funding gap−0.0647% /8h
Both sides work against this direction now: funding costs $19 a day on $10k and the gap is 0.147% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$12−0.0647% /8h now · paid −0.125% over the last 7D
Price—spread −0.147% now · no price history on both exchanges yet
Costsno datano order book for Ondo Perps
Result, before costs—+ Points / potential airdropOndo Perps: points · farm boardneeds both price histories
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.125% in total, about −0.0059%/8h on average.
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−0.147%
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
/8hKORU on 19 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Ondo Perps: its slippage is not counted.
- Note: Margin at max leverage— + $2,000BingX —, 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: −$19.40Long BingX: 3 payments, −$20.91; short Ondo Perps: 24 payments, +$1.51.
- Note: No 7-day spread history−0.147%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$18K vs $915K 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: 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−0.0059%/8h × 21 periods−$12.49
Price spread−0.147% → 0−$14.69
Slippage, 4 ordersno data for Ondo Perps—
Fee BingX bp × 2 orders−$10.00
Fee Ondo Perps bp × 2 orders−$5.00
Net, fees only · 7 days · $10k−$42.18
Costs to cover0.150%Break-evennever at this rate
Slippage: BingX: live order book, 15 min ago; Ondo Perps: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBingX2.467.5 bp−$77.5 bp−$7519.2 bp−$1,92074.0 bp−$37.0K
SELL · SHORTOndo Perps—————
Closing costs about the same again.
Ondo Perps: no data.
