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

ONDS

RWAall ONDS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.028%
Price spread now: Binance against Bitget+0.054%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1101.099% 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)−0.223%−$22 · spread now +0.054%, 7d avg +0.089%
Together, before fees−0.193%−$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.035% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ONDSUSDT7.38700get 0.0000% / 8h3h 10m$890K$433K20x
ShortBinance ONDSUSDT7.39100get 0.0000% / 8h3h 10m$1.5M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$0
Price spread: +0.054% → +0.089%
−$3.49
Slippage, 4 orders
−$87.92
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$113.41
Costs to cover
1.099%
Break-even
never at this rate
Slippage from Bitget: live order book, 40 min ago; Binance: live order book, 7 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 Bitget live order book, 40 min ago9.44 bp24.1 bp −$2447.8 bp −$478doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago0.68 bp27.8 bp −$28114.6 bp −$1,146doesn'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%8h7.3868−0.003%$2K$5K20xas long as short
Binance ONDSUSDTshort0.0000%8h7.3910+0.054%$1.5M$1.4M20x
Bybit ONDSUSDT0.0000%8h7.3830−0.054%$507K$154K25xas long as short
OKX ONDS-USDT-SWAP0.0000%8h7.4000+0.176%$186K$120K10xas long as short
Gate ONDS_USDT0.0000%8h7.38700.000%$368K$217K20xas long as short
Bitget ONDSUSDTlong0.0000%8h7.3870long leg$890K$433K20x
GRVT ONDS_USDT_Perp0.0000%8h7.3900+0.041%$2K$153K10xas long as short
SunX ONDS-USDT0.0000%8h7.3800−0.095%$1K$482K10xas long as short
HTX ONDS-USDT0.0000%8h7.4000+0.176%$5K$1K10xas long as short
Vest ONDS-USD-PERP+0.0046%1h7.3800−0.095%5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ONDSUSDTM+0.0100%8h7.3900+0.041%$79K$589K20xas long as short