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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.15 per $10,000 · paid last 24h −0.015%
Price spread now: 01 Exchange against Hyperliquid−0.150%49s7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.150% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.150% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 4.3 days of funding at the current rate (+$3 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ONDO0.43890.0236pay 0.0029% / 1h8m 47s$38.5M$24.0M10x
Short01 Exchange ONDOUSD0.43820.0352get 0.0044% / 1h8m 47s$361$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Hyperliquid. 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
$24.39
Price spread: −0.150% → 0.000%
−$15.04
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$6.65
Costs to cover
0.160%
Break-even
8.9 days
Slippage unknown: Hyperliquid: live order book, 4 min ago; 01 Exchange: 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 Hyperliquid live order book, 4 min ago0.23 bp8.5 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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 38 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−0.0364%1h0.4382−0.164%$2.6M$8.2M50xas long as short
dYdX ONDO-USD0.0000%1h0.4384−0.109%$248K$130K5xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0008%1h0.4381−0.169%$6K150xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568+4.081%$888$216K5.5xas long as short
Orderly PERP_ONDO_USDC+0.0099%4h0.4383−0.134%$24K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4381−0.180%$379K$841K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4388−0.010%$675K$2.1M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4387−0.043%$63.7M$229.8M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4386−0.066%$69.4M$124.7M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4388−0.021%$16.9M$74.1M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ONDO-USD.P+0.0100%1h0.4399+0.226%$72K$87K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4378−0.243%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4385−0.089%$11.5M$16.5M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4387−0.043%$45.8M$43.7M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4386−0.066%$13.0M$11.0M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4389+0.002%$24.9M$39.8M50xas long as short
BingX ONDO-USDC+0.0100%4h0.4389+0.002%$762Kas long as short
Variational Omni ONDO+0.0100%4h0.4398+0.201%$762K$1.8Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4401+0.265%$5K$318K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4402+0.288%$406K$978K10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4398+0.207%$135K$355K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4381−0.185%$89K$1.3M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4384−0.112%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4384−0.112%$456$13K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4400+0.253%$129K$505K50xas long as short
Paradex ONDO-USD-PERP+0.0103%8h0.4388−0.019%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4387−0.034%$396K$824K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4385−0.077%$38K$13K3xas long as short
Backpack ONDO_USDC_PERP+0.0161%1h0.4385−0.080%$195K$996K15xas long as short
Hyperliquid ONDOlong+0.0236%1h0.4389long leg$38.5M$24.0M10x
Coinbase International ONDO-PERP-INTX+0.0328%1h0.4422+0.754%$284K$712K50xas long as short
Phoenix ONDO+0.0338%1h0.4409+0.467%$35K$231K10xas long as short
01 Exchange ONDOUSDshort+0.0352%1h0.4382−0.150%$361$2K10x
Phemex ONDOUSDT+0.0356%4h0.4383−0.134%$4.2M$7.5M50xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0435%1h0.4385−0.089%$23K$349K25xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0549% / S −0.0190%1h0.4381−0.172%$483K100xas long as short
Lighter ONDO+0.0784%1h0.4394+0.112%$1.4M$2.1M10xas long as short
Reya ONDORUSDPERP+0.1148%1h0.4382−0.153%$2K20xas long as short