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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.006%
Price spread now: Aster against Bitget+0.030%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$370.373% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 7 days−0.039%−$4 · spread now +0.030%, 7d avg +0.050%
Together, before fees+0.031%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.020% cheaper against Bitget than usual: you would sell low and buy high (spread +0.030% now, against its 7-day average of +0.050%). If the spread goes back, that is −$2 on $10k: about 48 hours of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ONDOUSDT0.43320.0100pay 0.0050% / 4h3h 08m$24.8M$39.8M50x
ShortAster ONDOUSDT0.43330.0134get 0.0067% / 4h3h 08m$776K$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
$7.17
Price spread: +0.030% → +0.050%
−$2.04
Slippage, 4 orders
−$17.34
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$32.21
Costs to cover
0.373%
Break-even
38.4 days
Slippage from Bitget: live order book, 5 min ago; Aster: live order book, 5 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 Bitget live order book, 5 min ago1.15 bp10.8 bp −$1116.1 bp −$16192.2 bp −$9,221doesn't fit
Sell Aster live order book, 5 min ago1.15 bp8.5 bp −$942.3 bp −$423doesn'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
Kraken Futures PF_ONDOUSD−0.0162%1h0.4321−0.249%$2.5M$7.8M50xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0011%1h0.4323−0.206%$7K150xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568+5.448%$888$216K5.5xas long as short
Lighter ONDO+0.0096%1h0.4334+0.037%$1.1M$2.4M10xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4323−0.208%$23K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4331−0.012%$358K$862K10xas long as short
Binance ONDOUSDT+0.0100%4h0.43320.000%$62.4M$232.6M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4330−0.046%$67.4M$125.0M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.43320.000%$17.0M$72.3M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4330−0.051%$72K$83K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx ONDO/USDC+0.0100%1h0.4331−0.029%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4331−0.023%$12.0M$16.4M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4331−0.023%$42.4M$42.3M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4329−0.069%$12.5M$10.5M50xas long as short
Bitget ONDOUSDTlong+0.0100%4h0.4332long leg$24.8M$39.8M50x
BingX ONDO-USDT+0.0100%4h0.4331−0.023%$23.5Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4327−0.118%$179K$979K15xas long as short
Variational Omni ONDO+0.0100%4h0.4330−0.053%$681K$1.7Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4348+0.364%$4K$315K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4349+0.395%$406K$1.2M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4346+0.323%$134K$354K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4328−0.083%$65K$1.4M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4324−0.185%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4325−0.162%$450$13K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4333+0.023%$128K$431K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4327−0.115%$4.2M$8.0M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4332−0.002%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4331−0.014%$390K$796K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4325−0.151%$38K$13K3xas long as short
Hyperliquid ONDO+0.0106%1h0.4329−0.069%$36.5M$25.3M10xas long as short
Aster ONDOUSDTshort+0.0134%4h0.4333+0.030%$776K$2.6M20x
01 Exchange ONDOUSD+0.0168%1h0.4327−0.113%$356$2K10xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0213%1h0.4326−0.139%$18K$362K25xas long as short
Coinbase International ONDO-PERP-INTX+0.0272%1h0.4327−0.115%$217K$763K50xas long as short
Phoenix ONDO+0.0327%1h0.4339+0.150%$35K$218K10xas long as short
BloFin ONDO-USDT+0.0340%4h0.4330−0.046%$3.1M$3.0M75xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0553% / S −0.0193%1h0.4322−0.222%$481K100xas long as short
Reya ONDORUSDPERP+0.1154%1h0.4325−0.157%$2K20xas long as short
dYdX ONDO-USD+0.1310%1h0.4331−0.030%$248K$133K5xas long as short