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

ONDS

RWAall ONDS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against GRVT−0.081%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$895as in the Funding arb table
Net, price: spread back to 7d avg − costs−$913as in the Price arb table
costs, in and out, $10k−$9169.161% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 4 days (all we have)−0.391%−$39 · spread now −0.081%, 7d avg −0.108%
Together, before fees−0.181%+ Points / potential airdropGRVT: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.027% dearer against GRVT than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.108%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ONDS_USDT_Perp7.31590get 0.0000% / 8h7h 43m$2K$153K10x
ShortKuCoin ONDSUSDTM7.31000.0100get 0.0100% / 8h7h 43m$78K$458K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.081% → −0.108%
$2.73
Slippage, 4 orders
−$895.11
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$892.38
Costs to cover
9.161%
Break-even
304.5 days
Slippage from GRVT: live order book, 49 min ago; KuCoin: live order book, 50 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, 49 min ago6.80 bp91.2 bp −$91231.8 bp −$2,318doesn't fitdoesn't fit
Sell KuCoin live order book, 50 min ago6.80 bp301.0 bp −$301doesn'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%8h7.3220+0.084%$2K$5K20xas long as short
Binance ONDSUSDT0.0000%8h7.3157−0.002%$1.5M$1.4M20xas long as short
Bybit ONDSUSDT0.0000%8h7.3120−0.053%$503K$168K25xas long as short
OKX ONDS-USDT-SWAP0.0000%8h7.3100−0.081%$185K$129K10xas long as short
Gate ONDS_USDT0.0000%8h7.3130−0.040%$365K$183K20xas long as short
Bitget ONDSUSDT0.0000%8h7.3110−0.067%$881K$418K20xas long as short
GRVT ONDS_USDT_Perplong0.0000%8h7.3159long leg$2K$153K10x
SunX ONDS-USDT0.0000%8h7.3100−0.081%$526$449K10xas long as short
HTX ONDS-USDT0.0000%8h7.2900−0.354%$5K$1K10xas long as short
Vest ONDS-USD-PERP+0.0046%1h7.3100−0.081%5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ONDSUSDTMshort+0.0100%8h7.3100−0.081%$78K$458K20x