Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 42.700 | 0 | 0.0000% / 8h | 3h 02m | $19K | $840K | 20x | Long KuCoin | |
| SHORT | 42.460 | +0.0050 | get 0.0006% / 1h | 2m 44s | $32K | $89K | 5x | Short Ondo Perps5% off |
Price gap−0.562%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.562% under zero (no 7-day history yet): −$56 if it goes back, about 37 days of funding. At the last 7 days' pace that is about 16 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$24+0.0050% /8h now · paid +0.241% over the last 7D
Price—spread −0.562% 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−0.562%
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 + $2,000KuCoin 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 KuCoin: 3 payments, $0.00; short Ondo Perps: 24 payments, +$1.51.
- Note: No 7-day spread history−0.562%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$19K vs $32K OIKuCoin sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · Ondo Perps NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0115%/8h × 21 periods+$24.14
Price spread−0.562% → 0−$56.21
Slippage, 4 ordersno data for Ondo Perps—
Fee KuCoin bp × 2 orders−$12.00
Fee Ondo Perps bp × 2 orders−$5.00
Net, fees only · 7 days · $10k−$49.06
Costs to cover0.170%Break-even21.2 days
Slippage: KuCoin: live order book, just now; Ondo Perps: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin14.05120.3 bp−$120doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOndo Perps—————
Closing costs about the same again.
Ondo Perps: no data.
| 10-21 09:00 | KuCoin | Listing | new market URNMUSDTM ($URNM) seen by our collector |
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