Settings8H · net · $10k
Funding arb · Price arb /

URNM

RWAall URNM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.056%
Price spread now: Ondo Perps against BloFin+0.096%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno 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 +$1 a day on $10k at the current rate, and Ondo Perps is 0.096% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin URNM-USDT52.0400.0006pay 0.0006% / 8h7h 40m$53K$2K20x
ShortOndo Perps URNM-USD.P52.0900.0050get 0.0006% / 1h40m 49s$2K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against BloFin. 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

Funding earned
$9.28
Price spread: +0.096% → 0.000%
$9.61
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$1.89
Costs to cover
0.170%
Break-even
5.6 days
Slippage unknown: BloFin: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell Ondo Perps no order-book sample
BloFin and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:URNM−0.0110%1h52.018−0.042%$1.4M$420K10xas long as short
Aster URNMUSDT0.0000%8h52.037−0.006%$17K$62920xas long as short
Binance URNMUSDT0.0000%8h52.045+0.009%$720K$682K20xas long as short
OKX URNM-USDT-SWAP0.0000%8h52.0400.000%$207K$92K20xas long as short
Gate URNM_USDT0.0000%8h52.070+0.058%$81K$3K20xas long as short
MEXC URNM_USDT0.0000%8h52.030−0.019%$406K$125K50xas long as short
Variational Omni URNM0.0000%8h52.036−0.007%$93K$6Kas long as short
GRVT URNM_USDT_Perp0.0000%8h52.046+0.012%$1K$118K10xas long as short
SunX URNM-USDT0.0000%8h52.030−0.019%$1K$1.1M10xas long as short
HTX URNM-USDT0.0000%8h51.990−0.096%$5K$3K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin URNM-USDTlong+0.0006%8h52.040long leg$53K$2K20x
Ondo Perps URNM-USD.Pshort+0.0050%1h52.090+0.096%$2K$2K5x
Pacifica URNM+0.0100%1h52.036−0.007%$26K$13K10xas long as short