Settings8H · net · $10k
Funding arb · Price arb /

ONDS

RWAall ONDS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.3% APRnext payment $0.48 per $10,000 · paid last 24h −0.028%
Price spread now: Gate against Binance−0.071%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2162.157% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)+0.276%+$28 · spread now −0.071%, 7d avg −0.146%
Together, before fees+0.247%+$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.075% dearer against Binance than usual: you sell high and buy low (spread −0.071% now, against its 7-day average of −0.146%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days. At the pace of the last 7 days (−0.029% in total) that is about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ONDSUSDT7.42930.0048pay 0.0048% / 8h3h 58m$1.5M$1.4M20x
ShortGate ONDS_USDT7.42400get 0.0000% / 8h3h 58m$370K$215K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.14
Price spread: −0.071% → −0.146%
$7.46
Slippage, 4 orders
−$190.68
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$218.37
Costs to cover
2.157%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 57 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago2.02 bp25.0 bp −$2573.9 bp −$739doesn't fitdoesn't fit
Sell Gate live order book, 57 min ago1.35 bp82.2 bp −$82doesn't fitdoesn't fitdoesn't fit

ONDS on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ONDSUSDT0.0000%8h7.4256−0.049%$2K$5K20xas long as short
Bybit ONDSUSDT0.0000%8h7.4250−0.058%$509K$153K25xas long as short
OKX ONDS-USDT-SWAP0.0000%8h7.4370+0.104%$187K$120K10xas long as short
Gate ONDS_USDTshort0.0000%8h7.4240−0.071%$370K$215K20x
Bitget ONDSUSDT0.0000%8h7.4240−0.071%$894K$432K20xas long as short
GRVT ONDS_USDT_Perp0.0000%8h7.4265−0.038%$2K$152K10xas long as short
SunX ONDS-USDT0.0000%8h7.4200−0.125%$649$485K10xas long as short
HTX ONDS-USDT0.0000%8h7.4300+0.010%$5K$1K10xas long as short
Vest ONDS-USD-PERP+0.0046%1h7.4200−0.125%5xas long as short
Binance ONDSUSDTlong+0.0048%8h7.4293long leg$1.5M$1.4M20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ONDSUSDTM+0.0100%8h7.4300+0.010%$78K$623K20xas long as short