TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG6.4047+0.0007pay 0.0007% / 8h2h 17m$1.6M$1.2M20xLong Binance
SHORT6.4090+0.0008get 0.0008% / 8h2h 17m$777K$187K50xShort MEXC
Price gap+0.068%
Funding gap+0.0001% /8h

Funding is ≈ 0, so this is a price-spread trade: +$8 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding$0+0.0001% /8h now · paid 0.000% over the last 7D
Price+$8spread +0.068% now, avg −0.016% → +0.083% if it goes back
Costs−$680.683% of $10k · taker + slippage, in and out

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.068%
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

/8h

ONDS on 14 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size21.6 / 12.6 bp
    At $10k entering Binance costs 21.6 bp, fee and slippage, 1.7× MEXC’s.
  • Note: Margin at max leverage$500 + $200
    Binance 20x, MEXC 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$0.04Long Binance: 3 payments, −$0.20; short MEXC: 3 payments, +$0.24.
  • OK: Entry gap works for you+0.068% vs −0.016%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$777K vs $1.6M OI
    MEXC sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · MEXC Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned0.0000%/8h × 21 periods+$0.02
Price spread+0.068% → −0.016% (7d avg)+$8.32
Slippage, 4 orderslive order books−$56.34
Fee Binance bp × 2 orders−$8.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$60.00
Costs to cover0.683%Break-even20594.1 days
Slippage: Binance: live order book, 10 min ago; MEXC: live order book, 41 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance8.0421.6 bp−$22110.4 bp−$1,104doesn’t fitdoesn’t fit
SELL · SHORTMEXC4.7812.6 bp−$1346.1 bp−$461210.5 bp−$21.0K288.0 bp−$144.0K

Closing costs about the same again.

Alert

ONDS news

posts that mention ONDS, from every exchangeSearch all news →
10-05 13:31Vest MarketsOther$ONDS is up around 5% into the open, with a $56 million precision-strike order for European loitering munitions. Mistral Army task orders now exceed $240 million, and the GATE and Bron acquisitions added ESAD production in Poland. Trade $ONDS volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗
09-29 16:22Variational OmniListingOndas $ONDS perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗
09-29 14:35Variational OmniListingnew market ONDS ($ONDS) seen by our collector