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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0131%/8h= −14.4% APRnext payment $0.66 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Aster+0.023%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$960.961% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.209%−$21 · spread now +0.023%, 7d avg +0.099%
Together, before fees−0.202%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.076% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.099%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ONDOUSDT0.44030.0231pay 0.0116% / 4h3h 59m$763K$2.5M20x
ShortHTX ONDO-USDT0.44040.0100get 0.0050% / 4h3h 59m$130K$434K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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
−$27.61
Price spread: +0.023% → +0.099%
−$7.61
Slippage, 4 orders
−$76.08
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$131.3
Costs to cover
0.961%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; HTX: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 4 min ago1.14 bp6.6 bp −$737.2 bp −$372doesn't fitdoesn't fit
Sell HTX live order book, 59 min ago12.55 bp18.6 bp −$19doesn't fitdoesn't fitdoesn't fit

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
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0011%1h0.4394−0.209%$7K150xas long as short
Kraken Futures PF_ONDOUSD+0.0033%1h0.4401−0.049%$2.6M$7.8M50xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568+3.747%$888$216K5.5xas long as short
Lighter ONDO+0.0096%1h0.4404+0.016%$1.1M$2.4M10xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4401−0.045%$24K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4400−0.057%$363K$847K10xas long as short
Binance ONDOUSDT+0.0100%4h0.4398−0.114%$63.6M$230.7M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4396−0.159%$68.1M$126.2M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4396−0.159%$17.2M$73.3M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4393−0.225%$73K$84K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx ONDO/USDC+0.0100%1h0.4398−0.118%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4399−0.091%$11.6M$16.0M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4397−0.136%$44.6M$41.3M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4397−0.136%$12.8M$10.6M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4398−0.114%$25.2M$39.9M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4399−0.091%$21.9Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4402−0.018%$187K$983K15xas long as short
Variational Omni ONDO+0.0100%4h0.4399−0.097%$719K$1.7Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4399−0.092%$4K$318K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4393−0.227%$409K$1.1M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4396−0.159%$136K$354K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4397−0.141%$69K$1.4M10xas long as short
SunX ONDO-USDT+0.0100%4h0.44030.000%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.44030.000%$458$13K10xas long as short
HTX ONDO-USDTshort+0.0100%4h0.4404+0.023%$130K$434K50x
Phemex ONDOUSDT+0.0100%4h0.4400−0.068%$4.3M$7.8M50xas long as short
Paradex ONDO-USD-PERP+0.0102%8h0.4400−0.065%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4399−0.096%$395K$798K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4405+0.034%$38K$13K3xas long as short
Hyperliquid ONDO+0.0143%1h0.4400−0.059%$37.9M$24.7M10xas long as short
dYdX ONDO-USD+0.0197%1h0.4399−0.080%$249K$129K5xas long as short
Aster ONDOUSDTlong+0.0231%4h0.4403long leg$763K$2.5M20x
01 Exchange ONDOUSD+0.0248%1h0.4400−0.068%$362$2K10xas long as short
Coinbase International ONDO-PERP-INTX+0.0328%1h0.4402−0.023%$272K$731K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4404+0.023%$3.1M$3.0M75xas long as short
Phoenix ONDO+0.0365%1h0.4396−0.148%$35K$218K10xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0432%1h0.4404+0.023%$18K$367K25xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0608% / S −0.0219%1h0.4401−0.052%$523K100xas long as short
Reya ONDORUSDPERP+0.1153%1h0.4396−0.159%$2K20xas long as short