Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.5054−0.0048get 0.0024% / 4h36m 16s$83.2M$23.0M50xLong Gate
SHORT0.5053+0.0096get 0.0012% / 1h36m 16s$64K$408K20xShort Popdex
Price gap−0.020%
Funding gap+0.0144% /8h

Funding pays +$4 a day on $10k, but the gap is 0.047% under its 7d average: −$5 if it goes back, about 26 hours of funding. At the last 7 days' pace that is about 3.7 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$8+0.0144% /8h now · paid +0.084% over the last 7D
Price−$5spread −0.020% now, avg +0.027% → −0.047% if it goes back
Costs−$560.563% of $10k · taker + slippage, in and out

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.020%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ONDO on 41 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Large against open interest14.3 / 12.8 bp
    $10k is over 10% of Popdex’s open interest.
  • Note: Margin at max leverage$200 + $500
    Gate 50x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$4.32Long Gate: 6 payments, +$1.44; short Popdex: 24 payments, +$2.88.
  • Watch: Gap narrower than usual−0.020% vs +0.027%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$64K vs $83.2M OI
    Popdex sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCGate Yes · Popdex No
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0041%/8h × 21 periods+$8.70
Price spread−0.020% → +0.027% (7d avg)−$4.66
Slippage, 4 orderslive order books−$34.89
Fee Gate bp × 2 orders−$15.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$52.25
Costs to cover0.563%Break-even49.0 days
Slippage: Gate: live order book, 4 min ago; Popdex: live order book, 39 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate1.9814.3 bp−$1428.0 bp−$28038.0 bp−$3,79867.6 bp−$33.8K
SELL · SHORTPopdex0.9912.8 bp−$13106.0 bp−$1,060doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

ONDO news

posts that mention ONDO, from every exchangeSearch all news →
09-30 18:57OKXOtherAnother X Drops Club just dropped in Europe. Trade the featured tokens like SOL, ZEC, NEAR, ENA, SUI, ONDO, CT, HBAR, AVAX, and XLM for a share of 1.5M , with CT trades boosted 3×. Make this round count. @okx on X ↗
09-30 10:22BulletListingBy popular demand, $ONDO perps are now live on Bullet. 24/7. Up to 10x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗
09-30 07:30BulletListingnew market ONDO-USD ($ONDO) seen by our collector
09-30 01:05ReyaListingONDORUSDPERP no longer reported ($ONDO) seen by our collector
09-24 20:07OKXProductNew X Drops Club is live in Europe. Trade $SOL, $ZEC, $NEAR, $ENA, $SUI, $ONDO, $CARDS, $AVAX, $ZAMA or $RENDER for a share of 1,200 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗
09-24 19:59OKXProductNew X Drops Club is live in Europe. Trade $SOL, $ZEC, $NEAR, $ENA, $SUI, $ONDO, $CARDS, $AVAX, $ZAMA or $RENDER for a share of 1,125 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗