Settings8H · net · $10k
Funding arb · Price arb /

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0200%/8h= +21.9% APRnext payment +$0.25 per $10,000 · paid last 24h +0.146%
Price spread now: Coinbase International against Aevo+0.209%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.209% dearer against Aevo than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ONDO-PERP0.45980.0104pay 0.0013% / 1h55m 15s$45K$8K3x
ShortCoinbase International ONDO-PERP-INTX0.46080.0304get 0.0038% / 1h55m 15s$302K$863K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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

Funding earned
$42
Price spread: +0.209% → 0.000%
$20.92
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$36.92
Costs to cover
0.260%
Break-even
0.8 days
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 23 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Coinbase International live order book, 23 min ago9.80 bp29.7 bp −$3083.6 bp −$836doesn't fitdoesn't fit
Aevo: 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.

ONDO on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ONDOUSD−0.0793%1h0.4598−0.001%$2.9M$8.0M50xas long as short
Injective ONDO/USDC PERP−0.0545%1h0.4568−0.661%$888$216K5.5xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0008%1h0.4598−0.002%$6K150xas long as short
Orderly PERP_ONDO_USDC+0.0098%4h0.4599+0.013%$25K$8K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4604+0.133%$434K$706K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4604+0.122%$727K$2.1M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4602+0.079%$68.7M$227.1M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4600+0.035%$74.6M$122.6M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4599+0.013%$18.0M$81.8M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4591−0.156%$75K$89K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx ONDO/USDC+0.0100%1h0.4600+0.044%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4599+0.013%$12.1M$17.9M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4601+0.057%$49.8M$43.1M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4604+0.122%$13.9M$11.0M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4601+0.057%$26.1M$41.6M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4601+0.057%$22.3Mas long as short
Variational Omni ONDO+0.0100%4h0.4601+0.054%$790K$2.0Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4592−0.136%$5K$318K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4594−0.089%$424K$947K10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4590−0.182%$174K$312K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4603+0.109%$69K$1.2M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4601+0.057%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4600+0.035%$478$14K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4610+0.253%$134K$505K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4596−0.052%$4.8M$6.6M50xas long as short
Paradex ONDO-USD-PERP+0.0101%8h0.4601+0.067%$7K$910xas long as short
Extended ONDO-USD+0.0104%1h0.4599+0.022%$411K$846K25xas long as short
Aevo ONDO-PERPlong+0.0104%1h0.4598long leg$45K$8K3x
Phoenix ONDO+0.0142%1h0.4593−0.124%$38K$257K10xas long as short
Backpack ONDO_USDC_PERP+0.0296%1h0.4606+0.159%$232K$1.0M15xas long as short
Coinbase International ONDO-PERP-INTXshort+0.0304%1h0.4608+0.209%$302K$863K50x
BloFin ONDO-USDT+0.0340%4h0.4604+0.122%$3.3M$3.2M75xas long as short
Hyperliquid ONDO+0.0364%1h0.4606+0.164%$40.9M$27.0M10xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0402%1h0.4601+0.057%$37K$436K25xas long as short
01 Exchange ONDOUSD+0.0496%1h0.4609+0.240%$379$2K10xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0589% / S −0.0188%1h0.45980.000%$549K100xas long as short
Lighter ONDO+0.1096%1h0.4609+0.235%$1.5M$2.3M10xas long as short
Reya ONDORUSDPERP+0.1142%1h0.4600+0.038%$2K20xas long as short
dYdX ONDO-USD+0.6413%1h0.4600+0.042%$260K$129K5xas long as short