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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against KuCoin+0.034%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$510.512% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days−0.020%−$2 · spread now +0.034%, 7d avg +0.023%
Together, before fees−0.020%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ONDOUSDTM0.43590.0100pay 0.0050% / 4h48m 23s$12.6M$10.8M50x
ShortAster ONDOUSDT0.43600.0199get 0.0100% / 4h48m 23s$731K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
$20.88
Price spread: +0.034% → +0.023%
$1.12
Slippage, 4 orders
−$31.25
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$29.25
Costs to cover
0.512%
Break-even
16.8 days
Slippage from KuCoin: live order book, 5 min ago; Aster: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago1.14 bp14.2 bp −$1441.5 bp −$415doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago1.14 bp8.7 bp −$933.9 bp −$339doesn'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
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0011%1h0.4360+0.021%$7K150xas long as short
Kraken Futures PF_ONDOUSD+0.0033%1h0.4360+0.021%$2.6M$8.0M50xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568+4.795%$888$216K5.5xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4360+0.023%$24K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4362+0.069%$369K$843K10xas long as short
Hyperliquid ONDO+0.0100%1h0.4364+0.103%$37.4M$24.5M10xas long as short
Binance ONDOUSDT+0.0100%4h0.4364+0.105%$62.9M$228.9M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4361+0.046%$69.0M$124.1M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4361+0.046%$16.8M$71.9M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4344−0.346%$72K$84K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx ONDO/USDC+0.0100%1h0.4360+0.034%5xas long as short
Gate ONDO_USDT+0.0100%4h0.43590.000%$11.5M$16.1M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4362+0.069%$45.7M$41.6M200xas long as short
KuCoin ONDOUSDTMlong+0.0100%4h0.4359long leg$12.6M$10.8M50x
Bitget ONDOUSDT+0.0100%4h0.4361+0.046%$24.9M$39.7M50xas long as short
BingX ONDO-USDC+0.0100%4h0.4361+0.046%$762Kas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4354−0.108%$187K$981K15xas long as short
Variational Omni ONDO+0.0100%4h0.4365+0.132%$707K$1.8Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4390+0.705%$4K$316K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4389+0.689%$405K$1.0M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4366+0.161%$134K$354K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4361+0.050%$67K$1.4M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4362+0.069%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4361+0.046%$453$13K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4370+0.252%$127K$477K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4363+0.092%$4.2M$7.7M50xas long as short
Paradex ONDO-USD-PERP+0.0103%8h0.4358−0.029%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4360+0.014%$395K$793K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4361+0.057%$38K$13K3xas long as short
Aster ONDOUSDTshort+0.0199%4h0.4360+0.034%$731K$2.4M20x
01 Exchange ONDOUSD+0.0232%1h0.4363+0.083%$359$2K10xas long as short
Lighter ONDO+0.0256%1h0.4368+0.204%$1.1M$2.4M10xas long as short
dYdX ONDO-USD+0.0259%1h0.4352−0.160%$246K$129K5xas long as short
Coinbase International ONDO-PERP-INTX+0.0328%1h0.4394+0.803%$276K$719K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4352−0.161%$3.1M$2.9M75xas long as short
Phoenix ONDO+0.0365%1h0.4354−0.124%$35K$223K10xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0549% / S −0.0190%1h0.4360+0.015%$481K100xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0667%1h0.4364+0.115%$23K$346K25xas long as short
Reya ONDORUSDPERP+0.1151%1h0.4359+0.010%$2K20xas long as short