Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 42.440 | +0.0050 | pay 0.0006% / 1h | 51m 20s | $32K | $83K | 5x | Long Ondo Perps5% off | |
| SHORT | 42.700 | 0 | 0.0000% / 8h | 6h 51m | $75K | $190K | 20x | Short Bitget |
Price gap+0.613%
Funding gap−0.0050% /8h
The gap pays +$61 on $10k if it goes back to zero (no 7-day history yet), but funding costs $2 a day and eats that in about 41 days.
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 +0.613% 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+0.613%
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$2,000 + $500Ondo Perps 5x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.51Long Ondo Perps: 24 payments, −$1.51; short Bitget: 3 payments, $0.00.
- Note: No 7-day spread history+0.613%The gap cannot be compared with its average yet.
- Watch: Long 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: KYCOndo Perps No · Bitget YesKYC 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+0.613% → 0+$61.26
Slippage, 4 ordersno data for Ondo Perps—
Fee Ondo Perps bp × 2 orders−$5.00
Fee Bitget bp × 2 orders−$12.00
Net, fees only · 7 days · $10k+$25.34
Costs to cover0.170%Break-evenfrom the start
Slippage: Ondo Perps: no order-book sample; Bitget: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps—————
SELL · SHORTBitget14.0791.5 bp−$92125.4 bp−$1,254doesn’t fitdoesn’t fit
Closing costs about the same again.
Ondo Perps: no data.
| 10-21 09:00 | KuCoin | Listing | new market URNMUSDTM ($URNM) seen by our collector |
| 09-24 03:07 | Bitget | Listing | Warner Bros $WBD and Sprott Uranium Miners ETF $URNM are now tradable on Bitget stock perps ⤵️ @bitget on X ↗ |
| 09-23 14:12 | Bitget | Listing | new market URNMUSDT ($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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