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 OKX−0.256%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$338as in the Price arb table
costs, in and out, $10k−$3163.156% 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)+0.078%+$8 · spread now −0.256%, 7d avg −0.029%
Together, before fees+0.078%+$8 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 0.227% cheaper against OKX than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ONDS-USDT-SWAP7.42600get 0.0000% / 8h5h 32m$187K$120K10x
ShortBybit ONDSUSDT7.40700get 0.0000% / 8h5h 32m$509K$208K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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: −0.256% → −0.029%
−$22.68
Slippage, 4 orders
−$294.57
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$338.25
Costs to cover
3.156%
Break-even
never at this rate
Slippage from OKX: live order book, 28 min ago; Bybit: live order book, 23 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 OKX live order book, 28 min ago4.04 bp63.0 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 23 min ago3.37 bp82.1 bp −$82132.4 bp −$1,324doesn'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%8h7.4089−0.231%$2K$5K20xas long as short
Bybit ONDSUSDTshort0.0000%8h7.4070−0.256%$509K$208K25x
OKX ONDS-USDT-SWAPlong0.0000%8h7.4260long leg$187K$120K10x
Gate ONDS_USDT0.0000%8h7.4110−0.202%$369K$215K20xas long as short
Bitget ONDSUSDT0.0000%8h7.4100−0.215%$898K$435K20xas long as short
GRVT ONDS_USDT_Perp0.0000%8h7.4107−0.205%$3K$152K10xas long as short
SunX ONDS-USDT0.0000%8h7.4100−0.215%$827$496K10xas long as short
HTX ONDS-USDT0.0000%8h7.4100−0.215%$5K$1K10xas long as short
Vest ONDS-USD-PERP+0.0046%1h7.4000−0.350%5xas long as short
Binance ONDSUSDT+0.0055%8h7.4187−0.098%$1.5M$1.4M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ONDSUSDTM+0.0100%8h7.4200−0.081%$78K$643K20xas long as short