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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Nado against gTrade (Gains Network)+0.139%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 airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.139% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ONDO/USD0.4339L +0.0003% / S −0.0011%pay 0.0000% / 1h52m 15s$7K150x
ShortNado ONDO-PERP0.43450.0100get 0.0012% / 1h52m 15s$352K$875K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against gTrade (Gains Network). 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
$20.28
Price spread: +0.139% → 0.000%
$13.94
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$17.22
Costs to cover
0.170%
Break-even
1.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Nado: live order book, 61 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 gTrade (Gains Network) no order-book sample
Sell Nado live order book, 61 min ago1.02 bp9.8 bp −$1026.1 bp −$261doesn't fitdoesn't fit
gTrade (Gains Network): 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−0.0240%1h0.4339+0.001%$2.6M$7.9M50xas long as short
dYdX ONDO-USD0.0000%1h0.4340+0.022%$248K$133K5xas long as short
gTrade (Gains Network) ONDO/USDlongL +0.0003% / S −0.0011%1h0.4339long leg$7K150x
Injective ONDO/USDC PERP+0.0033%1h0.4568+5.279%$888$216K5.5xas long as short
01 Exchange ONDOUSD+0.0040%1h0.4344+0.123%$358$2K10xas long as short
Lighter ONDO+0.0096%1h0.4344+0.112%$1.1M$2.4M10xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4340+0.024%$23K$6K10xas long as short
Nado ONDO-PERPshort+0.0100%1h0.4345+0.139%$352K$875K10x
Hyperliquid ONDO+0.0100%1h0.4345+0.133%$36.5M$25.7M10xas long as short
Binance ONDOUSDT+0.0100%4h0.4341+0.047%$62.5M$234.4M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ONDOUSDT+0.0100%4h0.4339+0.001%$67.6M$125.0M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4339+0.001%$17.1M$72.7M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4346+0.174%$72K$83K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4344+0.106%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4340+0.024%$12.1M$16.2M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4339+0.001%$43.4M$41.7M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4340+0.024%$12.2M$10.6M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4340+0.024%$24.9M$39.9M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4339+0.001%$23.6Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4340+0.029%$175K$983K15xas long as short
Variational Omni ONDO+0.0100%4h0.4341+0.041%$683K$1.7Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4335−0.096%$4K$315K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4340+0.024%$407K$1.2M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4339+0.001%$134K$354K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4344+0.114%$68K$1.4M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4341+0.047%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4342+0.070%$451$13K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4351+0.278%$129K$428K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4340+0.024%$4.2M$8.1M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4345+0.133%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4341+0.049%$389K$792K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4344+0.105%$38K$13K3xas long as short
Aster ONDOUSDT+0.0105%4h0.4343+0.085%$778K$2.6M20xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0211%1h0.4342+0.070%$18K$362K25xas long as short
Coinbase International ONDO-PERP-INTX+0.0272%1h0.4346+0.162%$218K$767K50xas long as short
Phoenix ONDO+0.0332%1h0.4342+0.061%$35K$223K10xas long as short
BloFin ONDO-USDT+0.0340%4h0.4341+0.047%$3.1M$3.1M75xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0554% / S −0.0193%1h0.43390.000%$483K100xas long as short
Reya ONDORUSDPERP+0.1155%1h0.4342+0.064%$2K20xas long as short