Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 420.78 | +0.0050 | pay 0.0006% / 1h | 50m 27s | $188K | $43K | 10x | Long Ondo Perps5% off | |
| SHORT | 421.41 | 0 | 0.0000% / 8h | 2h 50m | $2.3M | $2.9M | 50x | Short MEXC |
Price gap+0.150%
Funding gap−0.0050% /8h
Funding costs $2 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4−0.0050% /8h now · paid −0.044% over the last 7D
Price−$2spread +0.150% now, avg +0.167% → −0.018% if it goes back
Costs−$240.239% of $10k · taker + slippage, in and out
Result−$30−0.30%+ Points / potential airdropOndo Perps: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.150%
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
/8hTSM on 31 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books7.7 / 4.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $200Ondo Perps 10x, MEXC 50x. 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: −$1.51Long Ondo Perps: 24 payments, −$1.51; short MEXC: 3 payments, $0.00.
- Note: Gap at its usual level+0.150% vs +0.167%The price leg adds little either way.
- Watch: Long leg is thinner$188K vs $2.3M 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 · MEXC YesKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0021%/8h × 21 periods−$4.35
Price spread+0.150% → +0.167% (7d avg)−$1.76
Slippage, 4 orderslive order books−$14.93
Fee Ondo Perps bp × 2 orders−$5.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$30.05
Costs to cover0.239%Break-evennever at this rate
Slippage: Ondo Perps: live order book, 61 min ago; MEXC: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps5.107.7 bp−$813.3 bp−$133doesn’t fitdoesn’t fit
SELL · SHORTMEXC0.714.2 bp−$45.6 bp−$56169.3 bp−$16.9Kdoesn’t fit
Closing costs about the same again.
| 10-15 15:00 | Vest Markets | Other | Trade $TSM post-earnings volatility with a Vest Capital funded account. Access up to $25k in trading capital at: @VestExchange on X ↗ |
| 10-15 15:00 | Vest Markets | Other | TSMC reported Q3 earnings results before the open today, with net income up 68.7% and revenue up 41.2% year over year. On the session, $TSM is down around 2.6%, with the Q4 revenue guide above Q3 weighed against a 65% to 67% gross margin range. → Revenue: $46.72B vs. ~$45.62B expected → EPS: $4.60 per ADR vs. ~$4.45 expected → Q4 revenue guide: $52.3B to $54.3B, from $46.72B in Q3 $TSM said 3nm led Q3 wafer revenue at 33%, with 2nm at 8% and advanced nodes at 79% of the total. @VestExchange on X ↗ |
| 10-15 08:33 | MEXC | Other | $TSM’s Q4 outlook: more revenue, same margin guidance. 👀 Enough for the AI bulls, or were you looking for more? 👇 Check out $TSM Stock Futures on #MEXC: @MEXC on X ↗ |
| 10-15 06:40 | Backpack | Other | TSMC reports Q3 earnings, with record net profit up 69% year over year. ▸ Revenue: $46.72B vs. $44.93B est. ▲ ▸ EPS (ADR): $4.60 vs. $4.48 est. ▲ $TSM -1.49% overnight @Backpack on X ↗ |
| 10-15 05:00 | MEXC | Other | AI demand is booming. Can $TSM’s margins and outlook back up the hype? 👀 Your first check today: margins or Q4 guidance? 👇 @MEXC on X ↗ |
| 10-14 16:12 | Phoenix | Other | ASML says its supply won't fully meet demand in 2027 and 2028. $ASML on Phoenix is flat over the last 24 hours, while $TSM, $NVDA, $MU and $AMAT are down 1.3–2.9%. @PhoenixTrade on X ↗ |

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