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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.1045%/8h= +114.4% APRnext payment +$1.31 per $10,000 · paid last 24h +0.306%
Price spread now: Reya against ApeX Omni+0.574%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Reya is 0.574% dearer against ApeX Omni than usual: you sell high and buy low: +$57 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ONDOUSDT0.45790.0100pay 0.0013% / 1h36m 45s$173K$338K50x
ShortReya ONDORUSDPERP0.46050.1145get 0.0143% / 1h36m 45s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$219.41
Price spread: +0.574% → 0.000%
$57.36
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$260.76
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 36 min ago; Reya: 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, 36 min ago2.19 bp7.9 bp −$823.7 bp −$237doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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−0.0867%1h0.4605+0.564%$2.8M$8.0M50xas long as short
dYdX ONDO-USD0.0000%1h0.4609+0.661%$261K$131K5xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0008%1h0.4606+0.592%$6K150xas long as short
Gate ONDO_USDT+0.0020%4h0.4609+0.655%$12.1M$16.6M50xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568−0.240%$888$216K5.5xas long as short
Orderly PERP_ONDO_USDC+0.0098%4h0.4605+0.568%$25K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4606+0.579%$438K$709K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4613+0.737%$728K$2.2M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4613+0.743%$69.0M$225.1M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4610+0.677%$74.8M$120.3M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ONDO-USDT-SWAP+0.0100%4h0.4611+0.699%$17.7M$79.8M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4595+0.343%$76K$89K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4602+0.503%5xas long as short
MEXC ONDO_USDT+0.0100%4h0.4612+0.721%$50.0M$41.6M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4612+0.721%$14.3M$11.0M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4612+0.721%$26.1M$39.8M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4611+0.699%$22.2Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4613+0.747%$230K$1.0M15xas long as short
Variational Omni ONDO+0.0100%4h0.4583+0.083%$819K$2.0Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4577−0.047%$5K$319K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4573−0.123%$423K$959K10xas long as short
ApeX Omni ONDOUSDTlong+0.0100%1h0.4579long leg$173K$338K50x
Polymarket Perps ONDO-USD+0.0100%1h0.4608+0.642%$72K$1.1M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4605+0.568%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4605+0.568%$479$14K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4616+0.808%$136K$497K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4607+0.611%$4.6M$7.0M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4597+0.403%$7K$910xas long as short
Extended ONDO-USD+0.0104%1h0.4610+0.672%$411K$836K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4607+0.601%$40K$13K3xas long as short
Hyperliquid ONDO+0.0182%1h0.4615+0.793%$41.0M$25.3M10xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0184%1h0.4607+0.611%$34K$363K25xas long as short
01 Exchange ONDOUSD+0.0240%1h0.4604+0.555%$379$2K10xas long as short
Phoenix ONDO+0.0244%1h0.4578−0.020%$38K$248K10xas long as short
Coinbase International ONDO-PERP-INTX+0.0280%1h0.4578−0.022%$297K$819K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4606+0.590%$3.3M$3.1M75xas long as short
Lighter ONDO+0.0544%1h0.4620+0.889%$1.5M$2.2M10xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0591% / S −0.0188%1h0.4605+0.572%$550K100xas long as short
Reya ONDORUSDPERPshort+0.1145%1h0.4605+0.574%$2K20x