Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 967.86 | +0.0050 | pay 0.0006% / 1h | 0m 04s | $139K | $138K | 10x | Long Ondo Perps5% off | |
| SHORT | 967.58 | +0.0032 | get 0.0032% / 8h | 6h 00m | $995K | $1.7M | — | Short BingX |
Price gap−0.029%
Funding gap−0.0018% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.119% under its 7d average. Swap the legs.
Funding on this pair paid 0.080% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8−0.0018% /8h now · paid +0.080% over the last 7D
Price−$12spread −0.029% now, avg +0.090% → −0.119% if it goes back
Costs−$220.220% of $10k · taker + slippage, in and out
Result−$26−0.26%+ Points / potential airdropOndo Perps: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / ExitOndo Perps: thin, under $1M open interest · BingX: thin, under $1M open interest
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−0.029%
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
/8hLITE on 28 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books5.2 / 5.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + —Ondo Perps 10x, BingX —. 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: −$0.55Long Ondo Perps: 24 payments, −$1.51; short BingX: 3 payments, +$0.96.
- Watch: Gap narrower than usual−0.029% vs +0.090%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$139K vs $995K 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 · BingX YesAdvanced 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+0.0038%/8h × 21 periods+$7.98
Price spread−0.029% → +0.090% (7d avg)−$11.92
Slippage, 4 orderslive order books−$7.02
Fee Ondo Perps bp × 2 orders−$5.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$25.97
Costs to cover0.220%Break-even29.8 days
Slippage: Ondo Perps: live order book, 32 min ago; BingX: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps2.565.2 bp−$513.3 bp−$133doesn’t fitdoesn’t fit
SELL · SHORTBingX0.055.5 bp−$610.2 bp−$10244.3 bp−$4,427125.3 bp−$62.7K
Closing costs about the same again.
| 09-18 17:43 | Avantis | Other | AI infra. $ARM — AGI CPU upside, or competing with the licensees who pay the royalties? $DELL — AI server winner, or custom racks eating the margin? $WDC — pricing power that's structurally re-rated, or peak-cycle earnings on a multiple that assumes it never breaks? $LITE — OCS and in-rack optics expanding the TAM, or a supply-constrained component vendor with three customers? $NBIS — Meta-scale neocloud winner, or thin-margin GPU landlord? $IREN — miner→AI cloud with real MW, or leveraged GPU financing? $BE — fuel cells unlocking AI power, or a multiple that needs a broken grid? @verantaxyz on X ↗ |
| 09-17 10:29 | Deribit | Listing | 🚨 More equity and commodity perpetuals are now live on Deribit Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL ↓ @DeribitOfficial on X ↗ |
| 09-16 15:02 | Deribit | Listing | 🚨 More To Trade. Tomorrow, September 17, 2026, at 10:00 AM UTC, 11 more equity perpetual markets and 4 commodity perpetuals will go live on Deribit. All settled in USDC. Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL This launch is part of Deribit’s biggest-ever product expansion: more than 90 new USDC-settled perpetuals across crypto, listed equities and ETFs, commodities, the COIN50 index and private-market valuations. Read more: Disclaimer: Equity & Commodity perpetuals are offered by Deribit FZE under its Limited Licence Approval from VARA, and are subject to the conditions, client eligibility criteria and restrictions of that approval. @DeribitOfficial on X ↗ |
Avantis
Deribit