Funding arb · Price arb /

URNM

RWAall URNM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.018%

Price spread now: Ondo Perps against Variational Omni+0.065%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · Ondo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.065% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni URNM	52.116	0	get 0.0000% / 8h	2h 51m	$95K	$5K	—
Short	Ondo Perps URNM-USD.P	52.150	0.0050	get 0.0006% / 1h	51m 30s	$2K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Variational Omni. 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 Variational OmnibpFee Ondo PerpsbpOrdersPrice spread, now +0.065%Rate

Funding earned: $10.58
Price spread: +0.065% → 0.000%: $6.55
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $12.13
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Variational Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Variational Omni 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster URNMUSDT	0.0000%	8h	52.146	+0.058%	$17K	$629	20x	as long as short
Binance URNMUSDT	0.0000%	8h	52.150	+0.065%	$720K	$755K	20x	as long as short
OKX URNM-USDT-SWAP	0.0000%	8h	52.160	+0.085%	$217K	$88K	20x	as long as short
Gate URNM_USDT	0.0000%	8h	52.170	+0.104%	$81K	$3K	20x	as long as short
MEXC URNM_USDT	0.0000%	8h	52.140	+0.046%	$407K	$127K	50x	as long as short
Variational Omni URNMlong	0.0000%	8h	52.116	long leg	$95K	$5K	—
GRVT URNM_USDT_Perp	0.0000%	8h	52.130	+0.027%	$2K	$121K	10x	as long as short
SunX URNM-USDT	0.0000%	8h	52.100	−0.030%	$1K	$1.3M	10x	as long as short
HTX URNM-USDT	0.0000%	8h	52.130	+0.027%	$5K	$3K	10x	as long as short
BloFin URNM-USDT	+0.0026%	8h	52.210	+0.181%	$53K	$2K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:URNM	+0.0050%	1h	52.110	−0.011%	$1.4M	$422K	10x	as long as short
Ondo Perps URNM-USD.Pshort	+0.0050%	1h	52.150	+0.065%	$2K	$3K	5x
Pacifica URNM	+0.0100%	1h	52.142	+0.051%	$25K	$13K	10x	as long as short