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

ONDS

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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 0.000%
Price spread now: Bybit against GRVT−0.003%100s7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$331as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3313.311% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.328%−$33 · spread now −0.003%, 7d avg −0.085%
Together, before fees−0.328%+ Points / potential airdropGRVT: Active · farm board−$33 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: Bybit is 0.082% dearer against GRVT than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.085%. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ONDS_USDT_Perp7.38420get 0.0000% / 8h2h 55m$2K$152K10x
ShortBybit ONDSUSDT7.38400get 0.0000% / 8h2h 55m$507K$154K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against GRVT. 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: −0.003% → −0.085%
$8.18
Slippage, 4 orders
−$311.13
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$322.95
Costs to cover
3.311%
Break-even
never at this rate
Slippage from GRVT: live order book, 52 min ago; Bybit: live order book, 49 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 GRVT live order book, 52 min ago6.74 bp88.8 bp −$89166.3 bp −$1,663doesn't fitdoesn't fit
Sell Bybit live order book, 49 min ago6.07 bp84.9 bp −$85131.9 bp −$1,319doesn'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%8h7.3833−0.013%$2K$5K20xas long as short
Binance ONDSUSDT0.0000%8h7.3865+0.031%$1.5M$1.4M20xas long as short
Bybit ONDSUSDTshort0.0000%8h7.3840−0.003%$507K$154K25x
OKX ONDS-USDT-SWAP0.0000%8h7.3910+0.092%$186K$120K10xas long as short
Gate ONDS_USDT0.0000%8h7.3780−0.084%$367K$214K20xas long as short
Bitget ONDSUSDT0.0000%8h7.3870+0.038%$890K$433K20xas long as short
GRVT ONDS_USDT_Perplong0.0000%8h7.3842long leg$2K$152K10x
SunX ONDS-USDT0.0000%8h7.3800−0.057%$977$482K10xas long as short
HTX ONDS-USDT0.0000%8h7.3700−0.193%$5K$1K10xas long as short
Vest ONDS-USD-PERP+0.0046%1h7.3800−0.057%5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ONDSUSDTM+0.0100%8h7.3900+0.078%$79K$579K20xas long as short