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

ONDO

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Alert: funding
Alert: spread
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
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 airdropReya: Active · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya ONDORUSDPERP0.45430.1141pay 0.0143% / 1h30m 17s$2K20x
ShortPolymarket Perps ONDO-USD0.45420.0100get 0.0013% / 1h30m 17s$72K$1.1M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Polymarket Perps live order book, 3 min ago1.10 bp5.3 bp −$55.7 bp −$57doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ONDOUSD−0.0354%1h0.4544+0.034%$2.8M$7.9M50xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0008%1h0.4544+0.030%$6K150xas long as short
Orderly PERP_ONDO_USDC+0.0098%4h0.4546+0.068%$25K$8K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4543+0.002%$429K$699K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4545+0.048%$729K$2.1M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4547+0.081%$67.2M$225.6M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4545+0.046%$74.0M$120.6M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4545+0.046%$17.7M$81.2M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4538−0.114%$74K$85K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4541−0.032%5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ONDO_USDT+0.0100%4h0.4541−0.042%$11.8M$18.3M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4545+0.046%$47.8M$44.4M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4545+0.046%$13.7M$10.9M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4547+0.090%$25.7M$41.8M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4545+0.046%$22.5Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4547+0.090%$229K$1.0M15xas long as short
Variational Omni ONDO+0.0100%4h0.4539−0.087%$776K$2.0Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4555+0.274%$5K$319K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4561+0.396%$428K$938K10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4553+0.223%$161K$334K50xas long as short
Polymarket Perps ONDO-USDshort+0.0100%1h0.4542−0.015%$72K$1.1M10x
SunX ONDO-USDT+0.0100%4h0.4547+0.090%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4547+0.090%$473$14K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4552+0.200%$132K$511K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4545+0.046%$4.7M$6.5M50xas long as short
Paradex ONDO-USD-PERP+0.0102%8h0.4541−0.037%$7K$910xas long as short
Extended ONDO-USD+0.0104%1h0.4547+0.095%$407K$861K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4549+0.144%$44K$8K3xas long as short
Phoenix ONDO+0.0142%1h0.4569+0.570%$29K$219K10xas long as short
Injective ONDO/USDC PERP+0.0151%1h0.4568+0.553%$888$216K5.5xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0190%1h0.4548+0.112%$26K$396K25xas long as short
Coinbase International ONDO-PERP-INTX+0.0280%1h0.4564+0.465%$300K$864K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4541−0.042%$3.2M$3.1M75xas long as short
01 Exchange ONDOUSD+0.0392%1h0.4547+0.088%$374$2K10xas long as short
Hyperliquid ONDO+0.0431%1h0.4546+0.077%$40.7M$27.6M10xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0585% / S −0.0187%1h0.4544+0.033%$541K100xas long as short
Lighter ONDO+0.0632%1h0.4555+0.273%$1.4M$2.3M10xas long as short
Reya ONDORUSDPERPlong+0.1141%1h0.4543long leg$2K20x
dYdX ONDO-USD+0.2552%1h0.4538−0.101%$257K$129K5xas long as short