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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0165%/8h= +18.1% APRnext payment +$0.21 per $10,000 · paid last 24h −0.575%
Price spread now: Injective against ApeX Omni+2.353%7-day average −0.985% · 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 7 days−3.417%−$342 on $10k
Price spread, last 3 days (all we have)−2.944%−$294 · spread now +2.353%, 7d avg −0.985%
Together, before fees−6.362%−$636 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 3.337% dearer against ApeX Omni than usual: you sell high and buy low: +$334 more if the spread goes back to its 7-day average of −0.985%. Mind the row above: over the last 7 days funding on this pair cost −3.417%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ONDOUSDT0.4463−0.0132get 0.0016% / 1h49m 46s$165K$356K50x
ShortInjective ONDO/USDC PERP0.45680.0033get 0.0004% / 1h49m 46s$888$216K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against ApeX 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

Funding earned
$34.64
Price spread: +2.353% → −0.985%
$333.73
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$358.35
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 18 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 18 min ago3.27 bp10.7 bp −$1126.2 bp −$262doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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−0.0357%1h0.4477+0.321%$2.7M$8.0M50xas long as short
ApeX Omni ONDOUSDTlong−0.0132%1h0.4463long leg$165K$356K50x
dYdX ONDO-USD0.0000%1h0.4468+0.118%$253K$130K5xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0007%1h0.4472+0.206%$7K150xas long as short
Injective ONDO/USDC PERPshort+0.0033%1h0.4568+2.353%$888$216K5.5x
Orderly PERP_ONDO_USDC+0.0100%4h0.4474+0.246%$24K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4478+0.336%$408K$779K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4477+0.314%$693K$2.1M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4475+0.269%$66.0M$227.6M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4474+0.246%$72.1M$122.3M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ONDO-USDT-SWAP+0.0100%4h0.4474+0.246%$17.2M$76.7M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4464+0.027%$73K$92K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4475+0.260%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4472+0.202%$11.7M$15.9M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4474+0.246%$46.0M$41.4M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4473+0.224%$13.5M$11.0M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4473+0.224%$25.3M$39.8M50xas long as short
BingX ONDO-USDC+0.0100%4h0.4473+0.224%$755Kas long as short
Variational Omni ONDO+0.0100%4h0.4468+0.108%$791K$1.8Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4457−0.139%$5K$319K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4467+0.090%$420K$965K10xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4478+0.336%$111K$1.2M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4473+0.224%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4479+0.359%$466$14K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4487+0.538%$131K$499K50xas long as short
Paradex ONDO-USD-PERP+0.0102%8h0.4475+0.259%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4474+0.251%$402K$816K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4479+0.352%$39K$13K3xas long as short
Backpack ONDO_USDC_PERP+0.0106%1h0.4476+0.280%$203K$1.0M15xas long as short
Hyperliquid ONDO+0.0186%1h0.4478+0.341%$39.6M$25.4M10xas long as short
01 Exchange ONDOUSD+0.0304%1h0.4481+0.401%$369$2K10xas long as short
Coinbase International ONDO-PERP-INTX+0.0328%1h0.4472+0.202%$291K$802K50xas long as short
Phoenix ONDO+0.0338%1h0.4470+0.146%$36K$231K10xas long as short
BloFin ONDO-USDT+0.0340%4h0.4470+0.157%$3.2M$3.0M75xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0420%1h0.4479+0.359%$33K$339K25xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0582% / S −0.0186%1h0.4472+0.207%$534K100xas long as short
Lighter ONDO+0.0608%1h0.4475+0.260%$1.4M$2.1M10xas long as short
Phemex ONDOUSDT+0.0679%4h0.4477+0.314%$4.3M$7.2M50xas long as short
Reya ONDORUSDPERP+0.1146%1h0.4474+0.241%$2K20xas long as short