Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 42.690 | 0 | 0.0000% / 8h | 6h 09m | $75K | $181K | 20x | Long Bitget | |
| SHORT | 42.460 | +0.0050 | get 0.0006% / 1h | 9m 55s | $32K | $81K | 5x | Short Ondo Perps5% off |
Price gap−0.539%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.539% under zero (no 7-day history yet): −$54 if it goes back, about 36 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$19+0.0050% /8h now · paid +0.189% over the last 7D
Price—spread −0.539% now · no price history on both exchanges yet
Costsno datano order book for Ondo Perps
Result, before costs—+ Points / potential airdropOndo Perps: points · farm boardneeds both price histories
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−0.539%
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
/8hURNM on 18 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Ondo Perps: its slippage is not counted.
- Note: Margin at max leverage$500 + $2,000Bitget 20x, Ondo Perps 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.51Long Bitget: 3 payments, $0.00; short Ondo Perps: 24 payments, +$1.51.
- Note: No 7-day spread history−0.539%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$32K vs $75K 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: KYCBitget Yes · Ondo Perps NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0090%/8h × 21 periods+$18.92
Price spread−0.539% → 0−$53.88
Slippage, 4 ordersno data for Ondo Perps—
Fee Bitget bp × 2 orders−$12.00
Fee Ondo Perps bp × 2 orders−$5.00
Net, fees only · 7 days · $10k−$51.95
Costs to cover0.170%Break-even26.2 days
Slippage: Bitget: live order book, 58 min ago; Ondo Perps: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBitget14.0721.7 bp−$2245.5 bp−$455doesn’t fitdoesn’t fit
SELL · SHORTOndo Perps—————
Closing costs about the same again.
Ondo Perps: no data.
| 10-21 09:00 | KuCoin | Listing | new market URNMUSDTM ($URNM) seen by our collector |
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| 09-21 13:35 | gTrade (Gains Network) | Listing | new market URNM/USD ($URNM) seen by our collector |

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