Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 729.70 | +0.0050 | pay 0.0006% / 1h | 34m 36s | $1.0M | $1.6M | 10x | Long Ondo Perps5% off | |
| SHORT | 730.52 | +0.0091 | get 0.0091% / 8h | 4h 34m | $999K | $7.1M | — | Short BingX |
Price gap+0.112%
Funding gap+0.0041% /8h
Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8+0.0041% /8h now · paid −0.084% over the last 7D
Price+$1spread +0.112% now, avg +0.102% → +0.010% if it goes back
Costs−$210.207% of $10k · taker + slippage, in and out
Result−$28−0.28%+ 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+0.112%
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
/8hMETA on 38 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books4.7 / 5.4 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: +$1.22Long Ondo Perps: 24 payments, −$1.51; short BingX: 3 payments, +$2.73.
- Note: Gap at its usual level+0.112% vs +0.102%The price leg adds little either way.
- Watch: Short leg is thinner$999K vs $1.0M OIBingX 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−0.0040%/8h × 21 periods−$8.42
Price spread+0.112% → +0.102% (7d avg)+$1.04
Slippage, 4 orderslive order books−$5.75
Fee Ondo Perps bp × 2 orders−$5.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$28.12
Costs to cover0.207%Break-evennever at this rate
Slippage: Ondo Perps: live order book, just now; BingX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps1.374.7 bp−$58.4 bp−$84doesn’t fitdoesn’t fit
SELL · SHORTBingX0.075.4 bp−$57.4 bp−$7422.1 bp−$2,21279.8 bp−$39.9K
Closing costs about the same again.
| 09-30 18:40 | Hotstuff | Listing | META-PERP no longer reported ($META) seen by our collector |
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