Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.0752 | +0.0050 | pay 0.0006% / 1h | 55m 40s | $5K | $82K | 5x | Long Ondo Perps5% off | |
| SHORT | 7.2020 | 0 | 0.0000% / 8h | 3h 55m | $297K | $101K | 20x | Short MEXC |
Price gap+1.792%
Funding gap−0.0050% /8h
The gap pays +$179 on $10k if it goes back to zero (no 7-day history yet), but funding costs $2 a day and eats that in about 4 months. At the last 7 days' pace that is about 55 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$23−0.0050% /8h now · paid −0.230% over the last 7D
Price—spread +1.792% 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+1.792%
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
/8hWEN on 12 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, MEXC 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 MEXC: 3 payments, $0.00.
- Note: No 7-day spread history+1.792%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$5K vs $297K 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 · MEXC YesKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0110%/8h × 21 periods−$23.00
Price spread+1.792% → 0+$179.22
Slippage, 4 ordersno data for Ondo Perps—
Fee Ondo Perps bp × 2 orders−$5.00
Fee MEXC bp × 2 orders−$4.00
Net, fees only · 7 days · $10k+$147.21
Costs to cover0.090%Break-evenfrom the start
Slippage: Ondo Perps: no order-book sample; MEXC: live order book, 64 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps—————
SELL · SHORTMEXC14.5824.6 bp−$25117.7 bp−$1,177295.2 bp−$29.5Kdoesn’t fit
Closing costs about the same again.
Ondo Perps: no data.
| 10-30 09:00 | KuCoin | Listing | new market WENUSDTM ($WEN) seen by our collector |
| 10-29 02:56 | Ondo Perps | Listing | New equity perps now live: ▸ $RDDT - Reddit ▸ $ASML - ASML Holding ▸ $NKE - Nike Inc ▸ $WEN - Wendy’s Trade now → @OndoPerps on X ↗ |
| 10-27 00:18 | Ondo Perps | Listing | new market WEN-USD.P ($WEN) seen by our collector |

KuCoin