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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0588%/8h= +64.4% APRnext payment +$0.73 per $10,000 · paid last 24h +0.167%
Price spread now: Reya against GMX+0.016%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 4 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ONDO/USD [ETH-USDC]0.4341L +0.0574% / S −0.0203%pay 0.0072% / 1h48m 20s$496K100x
ShortReya ONDORUSDPERP0.43410.1162get 0.0145% / 1h48m 20s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against GMX. 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
$123.48
Price spread: +0.016% → 0.000%
$1.6
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$107.08
Costs to cover
0.180%
Break-even
0.9 days
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample
Sell Reya no order-book sample
GMX and 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−0.0176%1h0.4334−0.160%$2.5M$7.8M50xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0011%1h0.4341+0.011%$7K150xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568+5.240%$888$216K5.5xas long as short
Lighter ONDO+0.0096%1h0.4343+0.052%$1.1M$2.3M10xas long as short
Nado ONDO-PERP+0.0100%1h0.4343+0.056%$347K$890K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4345+0.093%$762K$2.8M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4343+0.049%$63.4M$233.8M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4341+0.010%$68.5M$121.9M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4343+0.056%$17.4M$72.1M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4341+0.019%$71K$81K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx ONDO/USDC+0.0100%1h0.4339−0.040%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4341+0.010%$13.2M$15.0M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4341+0.010%$44.6M$41.9M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4341+0.010%$12.1M$10.4M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4342+0.033%$24.9M$36.7M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4341+0.010%$23.1Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4336−0.094%$179K$1.0M15xas long as short
Variational Omni ONDO+0.0100%4h0.4339−0.041%$680K$1.8Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4330−0.235%$5K$316K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4333−0.185%$408K$1.6M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4331−0.220%$134K$340K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4339−0.036%$60K$1.4M10xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4341+0.010%$23K$6K10xas long as short
SunX ONDO-USDT+0.0100%4h0.4338−0.059%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4343+0.056%$2K$15K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4344+0.079%$129K$369K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4336−0.105%$4.2M$9.0M50xas long as short
Paradex ONDO-USD-PERP+0.0101%8h0.4338−0.064%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4341+0.020%$366K$829K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4344+0.079%$38K$13K3xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0211%1h0.4343+0.056%$18K$351K25xas long as short
Coinbase International ONDO-PERP-INTX+0.0256%1h0.4339−0.036%$214K$735K50xas long as short
Phoenix ONDO+0.0277%1h0.4338−0.068%$35K$218K10xas long as short
01 Exchange ONDOUSD+0.0320%1h0.4344+0.075%$357$2K10xas long as short
BloFin ONDO-USDT+0.0340%4h0.4338−0.059%$3.2M$3.1M75xas long as short
GMX ONDO/USD [ETH-USDC]longL +0.0574% / S −0.0203%1h0.4341long leg$496K100x
Hyperliquid ONDO+0.0642%1h0.4346+0.123%$36.7M$27.3M10xas long as short
Reya ONDORUSDPERPshort+0.1162%1h0.4341+0.016%$2K20x
dYdX ONDO-USD+0.1744%1h0.4334−0.142%$243K$155K5xas long as short