Funding you earn now, next payment 23:00 UTC−0.1041%/8h= −114.0% APRnext payment −$1.30 per $10,000 · paid last 24h −0.304%
Price spread now: Polymarket Perps against Reya−0.015%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$31 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ONDORUSDPERP | 0.4543 | 0.1141 | pay 0.0143% / 1h | 30m 17s | $2K | — | 20x |
| Short | Polymarket Perps ONDO-USD | 0.4542 | 0.0100 | get 0.0013% / 1h | 30m 17s | $72K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$218.55
- Price spread: −0.015% → 0.000%
- −$1.52
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$234.07
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Polymarket Perps: live order book, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Reya no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 3 min ago | 1.10 bp | 5.3 bp −$5 | 5.7 bp −$57 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ONDOUSD | −0.0354% | 1h | 0.4544 | +0.034% | $2.8M | $7.9M | 50x | as long as short |
| gTrade (Gains Network) ONDO/USD | L +0.0003% / S −0.0008% | 1h | 0.4544 | +0.030% | $6K | — | 150x | as long as short |
| Orderly PERP_ONDO_USDC | +0.0098% | 4h | 0.4546 | +0.068% | $25K | $8K | 10x | as long as short |
| Nado ONDO-PERP | +0.0100% | 1h | 0.4543 | +0.002% | $429K | $699K | 10x | as long as short |
| Aster ONDOUSDT | +0.0100% | 4h | 0.4545 | +0.048% | $729K | $2.1M | 20x | as long as short |
| Binance ONDOUSDT | +0.0100% | 4h | 0.4547 | +0.081% | $67.2M | $225.6M | 75x | as long as short |
| Bybit ONDOUSDT | +0.0100% | 4h | 0.4545 | +0.046% | $74.0M | $120.6M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | +0.0100% | 4h | 0.4545 | +0.046% | $17.7M | $81.2M | 50x | as long as short |
| Ondo Perps ONDO-USD.P | +0.0100% | 1h | 0.4538 | −0.114% | $74K | $85K | 10x | as long as short |
| RISEx ONDO/USDC | +0.0100% | 1h | 0.4541 | −0.032% | — | — | 5x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ONDO_USDT | +0.0100% | 4h | 0.4541 | −0.042% | $11.8M | $18.3M | 50x | as long as short |
| MEXC ONDO_USDT | +0.0100% | 4h | 0.4545 | +0.046% | $47.8M | $44.4M | 200x | as long as short |
| KuCoin ONDOUSDTM | +0.0100% | 4h | 0.4545 | +0.046% | $13.7M | $10.9M | 50x | as long as short |
| Bitget ONDOUSDT | +0.0100% | 4h | 0.4547 | +0.090% | $25.7M | $41.8M | 50x | as long as short |
| BingX ONDO-USDT | +0.0100% | 4h | 0.4545 | +0.046% | — | $22.5M | — | as long as short |
| Backpack ONDO_USDC_PERP | +0.0100% | 1h | 0.4547 | +0.090% | $229K | $1.0M | 15x | as long as short |
| Variational Omni ONDO | +0.0100% | 4h | 0.4539 | −0.087% | $776K | $2.0M | — | as long as short |
| edgeX ONDOUSDC | +0.0100% | 4h | 0.4555 | +0.274% | $5K | $319K | 20x | as long as short |
| GRVT ONDO_USDT_Perp | +0.0100% | 4h | 0.4561 | +0.396% | $428K | $938K | 10x | as long as short |
| ApeX Omni ONDOUSDT | +0.0100% | 1h | 0.4553 | +0.223% | $161K | $334K | 50x | as long as short |
| Polymarket Perps ONDO-USDshort | +0.0100% | 1h | 0.4542 | −0.015% | $72K | $1.1M | 10x | |
| SunX ONDO-USDT | +0.0100% | 4h | 0.4547 | +0.090% | — | $1.4M | 20x | as long as short |
| SoDEX ONDO-USD | +0.0100% | 1h | 0.4547 | +0.090% | $473 | $14K | 10x | as long as short |
| HTX ONDO-USDT | +0.0100% | 4h | 0.4552 | +0.200% | $132K | $511K | 50x | as long as short |
| Phemex ONDOUSDT | +0.0100% | 4h | 0.4545 | +0.046% | $4.7M | $6.5M | 50x | as long as short |
| Paradex ONDO-USD-PERP | +0.0102% | 8h | 0.4541 | −0.037% | $7K | $9 | 10x | as long as short |
| Extended ONDO-USD | +0.0104% | 1h | 0.4547 | +0.095% | $407K | $861K | 25x | as long as short |
| Aevo ONDO-PERP | +0.0104% | 1h | 0.4549 | +0.144% | $44K | $8K | 3x | as long as short |
| Phoenix ONDO | +0.0142% | 1h | 0.4569 | +0.570% | $29K | $219K | 10x | as long as short |
| Injective ONDO/USDC PERP | +0.0151% | 1h | 0.4568 | +0.553% | $888 | $216K | 5.5x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | +0.0190% | 1h | 0.4548 | +0.112% | $26K | $396K | 25x | as long as short |
| Coinbase International ONDO-PERP-INTX | +0.0280% | 1h | 0.4564 | +0.465% | $300K | $864K | 50x | as long as short |
| BloFin ONDO-USDT | +0.0340% | 4h | 0.4541 | −0.042% | $3.2M | $3.1M | 75x | as long as short |
| 01 Exchange ONDOUSD | +0.0392% | 1h | 0.4547 | +0.088% | $374 | $2K | 10x | as long as short |
| Hyperliquid ONDO | +0.0431% | 1h | 0.4546 | +0.077% | $40.7M | $27.6M | 10x | as long as short |
| GMX ONDO/USD [ETH-USDC] | L +0.0585% / S −0.0187% | 1h | 0.4544 | +0.033% | $541K | — | 100x | as long as short |
| Lighter ONDO | +0.0632% | 1h | 0.4555 | +0.273% | $1.4M | $2.3M | 10x | as long as short |
| Reya ONDORUSDPERPlong | +0.1141% | 1h | 0.4543 | long leg | $2K | — | 20x | |
| dYdX ONDO-USD | +0.2552% | 1h | 0.4538 | −0.101% | $257K | $129K | 5x | as long as short |
Polymarket Perps ONDO-USD
Kraken Futures PF_ONDOUSD
gTrade (Gains Network) ONDO/USD
Aster ONDOUSDT
Binance ONDOUSDT
Bybit ONDOUSDT
OKX ONDO-USDT-SWAP
RISEx ONDO/USDC
Gate ONDO_USDT
MEXC ONDO_USDT
KuCoin ONDOUSDTM
Bitget ONDOUSDT
BingX ONDO-USDT
Backpack ONDO_USDC_PERP
Variational Omni ONDO
edgeX ONDOUSDC
GRVT ONDO_USDT_Perp
ApeX Omni ONDOUSDT
SunX ONDO-USDT
SoDEX ONDO-USD
HTX ONDO-USDT
Phemex ONDOUSDT
Paradex ONDO-USD-PERP
Extended ONDO-USD
Phoenix ONDO
Injective ONDO/USDC PERP
Deribit ONDO_USDC-PERPETUAL
Coinbase International ONDO-PERP-INTX
BloFin ONDO-USDT
01 Exchange ONDOUSD
Hyperliquid ONDO
GMX ONDO/USD [ETH-USDC]
Lighter ONDO