Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 136.92 | +0.0050 | pay 0.0006% / 1h | 41m 57s | $843K | $911K | 10x | Long Ondo Perps5% off | |
| SHORT | 137.21 | +0.0459 | get 0.0459% / 8h | 4h 41m | $952K | $2.1M | — | Short BingX |
Price gap+0.212%
Funding gap+0.0409% /8h
Both sides work: funding pays +$12 a day on $10k, and the gap is 0.104% above its 7d average: +$10 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$66+0.0409% /8h now · paid +0.659% over the last 7D
Price+$10spread +0.212% now, avg +0.107% → +0.104% if it goes back
Costs−$280.283% of $10k · taker + slippage, in and out
Result+$48+0.48%+ Points / potential airdropOndo Perps: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.212%
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
/8hORCL on 30 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books7.7 / 8.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + —Ondo Perps 10x, 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: +$12.26Long Ondo Perps: 24 payments, −$1.51; short BingX: 3 payments, +$13.77.
- OK: Entry gap works for you+0.212% vs +0.107%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$843K vs $952K 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+0.0314%/8h × 21 periods+$65.87
Price spread+0.212% → +0.107% (7d avg)+$10.43
Slippage, 4 orderslive order books−$13.34
Fee Ondo Perps bp × 2 orders−$5.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$47.96
Costs to cover0.283%Break-even1.9 days
Slippage: Ondo Perps: live order book, 35 min ago; BingX: live order book, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps2.197.7 bp−$820.0 bp−$200doesn’t fitdoesn’t fit
SELL · SHORTBingX2.198.1 bp−$812.6 bp−$12650.3 bp−$5,035259.5 bp−$129.8K
Closing costs about the same again.
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| 09-28 17:30 | Vest Markets | Other | Oracle's AI financing model is drawing fresh skepticism, with $ORCL down around 2.7% on the session. S&P lowered the credit rating to BBB-, the shares drew a Sell rating this morning, and five-year default swaps reached a record 227 basis points last week. The $18B of debt tied to Project Jupiter is quoted near 89 cents on the dollar, with about half of Oracle's $664B backlog tied to OpenAI. @VestExchange on X ↗ |
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| 09-24 13:30 | Vest Markets | Other | $ORCL is down around 5.4% into the open, with a reported force majeure notice to its New Mexico data center developer. The notice goes to developer Blue Owl on Project Jupiter, seeking to defer payments if the 1,400-acre campus behind Oracle's OpenAI capacity deal slips past 2028. Trade $ORCL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |
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