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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0038%/8h= −4.1% APRnext payment $0.19 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against HTX−0.886%7-day average −0.154% · you buy dearer than you sell
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)−0.020%−$2 on $10k
Price spread, last 3 days (all we have)+0.981%+$98 · spread now −0.886%, 7d avg −0.154%
Together, before fees+0.960%+ Points / potential airdropVariational Omni: Active · farm board+$96 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.732% cheaper against HTX than usual: you would sell low and buy high (−$73 if the spread goes back to its 7-day average of −0.154%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ONDO-USDT0.45640.0100pay 0.0050% / 4h2h 58m$126K$514K50x
ShortVariational Omni ONDO0.45240.0062get 0.0031% / 4h2h 58m$799K$2.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. 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
−$7.92
Price spread: −0.886% → −0.154%
−$73.23
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$93.15
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 30 min ago; Variational Omni: RFQ quote, 1 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 HTX live order book, 30 min ago14.42 bp20.8 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago4.41 bpdoesn't fit11.0 bp −$110doesn'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−0.1121%1h0.4537−0.595%$3.1M$7.7M50xas long as short
Deribit ONDO_USDC-PERPETUAL0.0000%1h0.4539−0.548%$20K$344K25xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0008%1h0.4541−0.515%$6K150xas long as short
Bybit ONDOUSDT+0.0013%4h0.4536−0.613%$73.9M$117.1M50xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4416−3.243%$994$82K5.5xas long as short
Variational Omni ONDOshort+0.0062%4h0.4524−0.886%$799K$2.0M
Orderly PERP_ONDO_USDC+0.0099%4h0.4538−0.570%$25K$8K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4547−0.367%$440K$666K10xas long as short
Hyperliquid ONDO+0.0100%1h0.4538−0.561%$40.9M$27.6M10xas long as short
Aster ONDOUSDT+0.0100%4h0.4541−0.504%$760K$2.0M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ONDOUSDT+0.0100%4h0.4537−0.590%$66.8M$221.6M75xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4535−0.635%$17.7M$80.4M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4545−0.412%$73K$86K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4540−0.535%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4534−0.657%$11.9M$18.6M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4532−0.701%$48.1M$44.8M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4533−0.679%$14.0M$10.4M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4535−0.635%$25.6M$41.2M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4533−0.679%$23.1Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4535−0.638%$227K$942K15xas long as short
edgeX ONDOUSDC+0.0100%4h0.4500−1.412%$5K$318K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4495−1.512%$423K$925K10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4503−1.337%$159K$329K50xas long as short
SunX ONDO-USDT+0.0100%4h0.4535−0.635%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4533−0.679%$471$14K10xas long as short
HTX ONDO-USDTlong+0.0100%4h0.4564long leg$126K$514K50x
Phemex ONDOUSDT+0.0100%4h0.4534−0.657%$4.9M$6.1M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4541−0.504%$7K$910xas long as short
Extended ONDO-USD+0.0104%1h0.4536−0.614%$407K$994K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4538−0.579%$36K3xas long as short
Polymarket Perps ONDO-USD+0.0133%1h0.4551−0.285%$79K$1.0M10xas long as short
Phoenix ONDO+0.0144%1h0.4508−1.236%$29K$220K10xas long as short
01 Exchange ONDOUSD+0.0296%1h0.4550−0.307%$374$2K10xas long as short
Coinbase International ONDO-PERP-INTX+0.0328%1h0.4541−0.504%$311K$837K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4553−0.241%$3.3M$3.1M75xas long as short
Lighter ONDO+0.0344%1h0.4542−0.478%$1.4M$2.2M10xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0619% / S −0.0203%1h0.4540−0.529%$565K100xas long as short
Reya ONDORUSDPERP+0.1138%1h0.4544−0.438%$2K20xas long as short
dYdX ONDO-USD+0.8196%1h0.4546−0.393%$257K$117K5xas long as short