Funding arb · Price arb /

URNM

RWAall URNM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.016%

Price spread now: Ondo Perps against Binance+0.058%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.058% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance URNMUSDT	52.050	0	get 0.0000% / 8h	7h 44m	$720K	$682K	20x
Short	Ondo Perps URNM-USD.P	52.080	0.0050	get 0.0006% / 1h	44m 04s	$2K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee Ondo PerpsbpOrdersPrice spread, now +0.058%Rate

Funding earned: $10.58
Price spread: +0.058% → 0.000%: $5.76
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $1.35
Costs to cover: 0.150%
Break-even: 6.1 days

Slippage unknown: Binance: live order book, 18 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 18 min ago	1.92 bp	24.5 bp −$25	179.6 bp −$1,796	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

URNM on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:URNM	−0.0147%	1h	52.006	−0.085%	$1.4M	$420K	10x	as long as short
Aster URNMUSDT	0.0000%	8h	52.046	−0.008%	$17K	$629	20x	as long as short
Binance URNMUSDTlong	0.0000%	8h	52.050	long leg	$720K	$682K	20x
OKX URNM-USDT-SWAP	0.0000%	8h	52.030	−0.038%	$207K	$92K	20x	as long as short
Gate URNM_USDT	0.0000%	8h	52.030	−0.038%	$81K	$3K	20x	as long as short
MEXC URNM_USDT	0.0000%	8h	52.050	0.000%	$407K	$124K	50x	as long as short
Variational Omni URNM	0.0000%	8h	52.056	+0.012%	$93K	$6K	—	as long as short
GRVT URNM_USDT_Perp	0.0000%	8h	52.047	−0.006%	$1K	$119K	10x	as long as short
SunX URNM-USDT	0.0000%	8h	52.040	−0.019%	$1K	$1.1M	10x	as long as short
HTX URNM-USDT	0.0000%	8h	51.990	−0.115%	$5K	$3K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin URNM-USDT	+0.0027%	8h	51.970	−0.154%	$53K	$2K	20x	as long as short
Ondo Perps URNM-USD.Pshort	+0.0050%	1h	52.080	+0.058%	$2K	$2K	5x
Pacifica URNM	+0.0100%	1h	52.034	−0.031%	$26K	$13K	10x	as long as short