Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,426.6 | +0.0001 | 0.0000% / 1h | 46m 52s | $286K | $56K | 3x | Long Ondo Perps5% off | |
| SHORT | 1,399.9 | +0.0050 | get 0.0050% / 8h | 5h 46m | $929K | $1.6M | — | Short BingX |
Price gap−1.869%49s
Funding gap+0.0049% /8h
Funding pays +$1 a day on $10k, but the gap is 0.583% under its 7d average: −$58 if it goes back, about 39 days of funding. At the last 7 days' pace that is about 5 months.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0049% /8h now · paid +0.027% over the last 7D
Price—spread −1.869%49s now · prices read too far apart to compare
Costs−$1781.776% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−1.869%
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
/8hOPENAI on 26 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size16.5 / 5.0 bpAt $10k entering Ondo Perps costs 16.5 bp, fee and slippage, 3.3× BingX’s.
- Note: Margin at max leverage$3,333 + —Ondo Perps 3x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.48Long Ondo Perps: 24 payments, −$0.02; short BingX: 3 payments, +$1.50.
- Watch: Prices read 49 s apart−1.869% vs −1.286%Part of this gap may be the market moving.
- Watch: Long leg is thinner$286K vs $929K OIOndo Perps sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps pointsVolume here counts toward the points program.
- Watch: KYCOndo Perps No · BingX YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0013%/8h × 21 periods+$2.70
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$162.63
Fee Ondo Perps bp × 2 orders−$5.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$174.92
price spread not counted: prices read too far apartCosts to cover1.776%Break-even460.3 days
Slippage: Ondo Perps: live order book, 5 min ago; BingX: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps11.2316.5 bp−$1777.9 bp−$779doesn’t fitdoesn’t fit
SELL · SHORTBingX0.045.0 bp−$514.5 bp−$145254.3 bp−$25.4K982.0 bp−$491.0K
Closing costs about the same again.
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