Funding arb · Price arb /

URNM

RWAall URNM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0297%/8h= −32.5% APRpaid last 24h −0.079%

Price spread now: Ondo Perps against GRVT−0.077%7-day average — · you buy dearer than you sell

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

Long on GRVT 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 airdropGRVT: Active · Ondo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Ondo Perps is 0.077% cheaper against GRVT than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT URNM_USDT_Perp	52.060	0.0347	pay 0.0347% / 8h	6h 17m	$1K	$122K	10x
Short	Ondo Perps URNM-USD.P	52.020	0.0050	get 0.0006% / 1h	17m 33s	$2K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against GRVT. 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 GRVTbpFee Ondo PerpsbpOrdersPrice spread, now −0.077%Rate

Funding earned: −$62.29
Price spread: −0.077% → 0.000%: −$7.68
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$83.97
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 31 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 GRVT live order book, 31 min ago	5.76 bp	35.6 bp −$36	7923.1 bp −$79.2K	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 exchanges

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	−0.0528%	1h	52.053	−0.013%	$1.4M	$433K	10x	as long as short
BloFin URNM-USDT	−0.0010%	8h	52.020	−0.077%	$53K	$2K	20x	as long as short
Aster URNMUSDT	0.0000%	8h	51.996	−0.123%	$17K	$629	20x	as long as short
Binance URNMUSDT	0.0000%	8h	52.070	+0.019%	$719K	$691K	20x	as long as short
OKX URNM-USDT-SWAP	0.0000%	8h	52.090	+0.058%	$207K	$92K	20x	as long as short
Gate URNM_USDT	0.0000%	8h	52.090	+0.058%	$81K	$3K	20x	as long as short
MEXC URNM_USDT	0.0000%	8h	52.010	−0.096%	$406K	$125K	50x	as long as short
Variational Omni URNM	0.0000%	8h	52.064	+0.008%	$93K	$6K	—	as long as short
SunX URNM-USDT	0.0000%	8h	52.050	−0.019%	$1K	$1.0M	10x	as long as short
HTX URNM-USDT	0.0000%	8h	52.070	+0.019%	$5K	$2K	10x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps URNM-USD.Pshort	+0.0050%	1h	52.020	−0.077%	$2K	$2K	5x
Pacifica URNM	+0.0100%	1h	52.071	+0.021%	$26K	$13K	10x	as long as short
GRVT URNM_USDT_Perplong	+0.0347%	8h	52.060	long leg	$1K	$122K	10x