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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.9824%/8h= +1075.7% APRnext payment +$12.28 per $10,000 · paid last 24h +1.609%
Price spread now: dYdX against Ondo Perps−0.214%7-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 7 days+2.514%+$251 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. dYdX is 0.214% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.214% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 2 hours of funding at the current rate (+$295 a day). At the pace of the last 7 days (+2.514% in total) that is about 14 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.514% in total (about 131.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ONDO-USD.P0.45340.0100pay 0.0013% / 1h22m 10s$72K$85K10x
ShortdYdX ONDO-USD0.45250.9924get 0.1240% / 1h22m 10s$256K$128K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Ondo Perps. 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
$2,062.99
Price spread: −0.214% → 0.000%
−$21.35
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
$2,026.64
Costs to cover
0.150%
Break-even
0.1 days
Slippage unknown: Ondo Perps: no order-book sample; dYdX: live order book, 2 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 Ondo Perps no order-book sample
Sell dYdX live order book, 2 min ago27.19 bp125.2 bp −$125325.0 bp −$3,250473.7 bp −$47.4K1197.7 bp −$598.8K
Ondo Perps: 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−0.1122%1h0.4532−0.056%$2.9M$7.8M50xas long as short
Deribit ONDO_USDC-PERPETUAL0.0000%1h0.4538+0.079%$19K$364K25xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0008%1h0.4534+0.001%$6K150xas long as short
Phoenix ONDO+0.0018%1h0.4529−0.117%$30K$222K10xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4522−0.273%$1K$132K5.5xas long as short
Orderly PERP_ONDO_USDC+0.0099%4h0.4536+0.035%$25K$8K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4530−0.086%$426K$678K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4535+0.021%$767K$2.0M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4535+0.023%$66.9M$220.5M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4535+0.013%$73.6M$118.0M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ONDO-USDT-SWAP+0.0100%4h0.4536+0.035%$17.8M$80.2M50xas long as short
Ondo Perps ONDO-USD.Plong+0.0100%1h0.4534long leg$72K$85K10x
RISEx ONDO/USDC+0.0100%1h0.4528−0.145%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4531−0.075%$11.8M$18.7M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4535+0.013%$47.7M$45.6M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4534−0.009%$13.6M$10.7M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4535+0.013%$25.7M$41.2M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4534−0.009%$22.6Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4538+0.077%$194K$971K15xas long as short
Variational Omni ONDO+0.0100%4h0.4536+0.043%$785K$2.0Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4528−0.140%$5K$317K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4529−0.120%$428K$948K10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4532−0.053%$160K$331K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4535+0.004%$104K$1.1M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4537+0.057%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4537+0.057%$472$14K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4544+0.212%$128K$515K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4536+0.035%$4.8M$6.3M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4526−0.195%$6K$910xas long as short
Extended ONDO-USD+0.0104%1h0.4536+0.046%$403K$980K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4538+0.082%$36K3xas long as short
Hyperliquid ONDO+0.0251%1h0.4536+0.026%$40.5M$27.8M10xas long as short
Coinbase International ONDO-PERP-INTX+0.0328%1h0.4539+0.101%$305K$842K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4521−0.296%$3.2M$3.0M75xas long as short
01 Exchange ONDOUSD+0.0400%1h0.4531−0.068%$373$2K10xas long as short
Lighter ONDO+0.0536%1h0.4543+0.192%$1.4M$2.2M10xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0617% / S −0.0203%1h0.4534−0.006%$563K100xas long as short
Reya ONDORUSDPERP+0.1139%1h0.4535+0.008%$2K20xas long as short
dYdX ONDO-USDshort+0.9924%1h0.4525−0.214%$256K$128K5x