Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 204.39 | −0.0368 | get 0.0046% / 1h | 6m 51s | $447K | $13K | 10x | Long Ondo Perps5% off | |
| SHORT | 204.75 | 0 | 0.0000% / 8h | 1h 06m | $3.0M | $197K | 20x | Short MEXC |
Price gap+0.176%48s
Funding gap+0.0368% /8h
Funding trade: +$11 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$36+0.0368% /8h now · paid +0.362% over the last 7D
Price—spread +0.176%48s now · prices read too far apart to compare
Costs−$700.696% 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+0.176%
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
/8hTTWO on 16 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size10.9 / 22.2 bpAt $10k entering MEXC costs 22.2 bp, fee and slippage, 2.0× Ondo Perps’s.
- Note: Margin at max leverage$1,000 + $500Ondo Perps 10x, MEXC 20x. 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: +$11.04Long Ondo Perps: 24 payments, +$11.04; short MEXC: 3 payments, $0.00.
- Watch: Prices read 48 s apart+0.176% vs +0.185%Part of this gap may be the market moving.
- Watch: Long leg is thinner$447K vs $3.0M 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+0.0172%/8h × 21 periods+$36.18
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$60.62
Fee Ondo Perps bp × 2 orders−$5.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$33.44
price spread not counted: prices read too far apartCosts to cover0.696%Break-even13.5 days
Slippage: Ondo Perps: live order book, 32 min ago; MEXC: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps7.8410.9 bp−$1126.9 bp−$269doesn’t fitdoesn’t fit
SELL · SHORTMEXC2.2022.2 bp−$22156.6 bp−$1,566217.0 bp−$21.7Kdoesn’t fit
Closing costs about the same again.
| 10-15 17:00 | Paragon | Other | GTA VI comes November 19. Take-Two is up 3% on the day. $TTWO trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now on Hyperliquid: @tradeparagon on X ↗ |
| 10-02 14:59 | Lighter RH | Listing | New RWA Perp Listing! You can now trade $TTWO with up to 5x leverage. @Lighter_xyz on X ↗ |
| 09-28 16:43 | Avantis | Other | 2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗ |
| 09-24 14:14 | Avantis | Listing | new market TTWO/USD ($TTWO) seen by our collector |
| 09-17 15:22 | Ondo Perps | Listing | New markets just dropped. From China’s largest DRAM manufacturer to the largest HYPE treasury and the company behind GTA 6: ▸ CXMT - ChangXin Memory Technologies ▸ ENA - Enablence Technologies ▸ PURR - Hyperliquid Strategies ▸ TTWO - Take-Two Interactive Trade now → @OndoPerps on X ↗ |

Paragon
Lighter RH
Avantis