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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0092%/8h= −10.0% APRnext payment $0.11 per $10,000 · paid last 24h −0.028%
Price spread now: gTrade (Gains Network) against SoDEX+0.013%7-day average · you sell dearer than you buy
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 feesneeds 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: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ONDO-USD0.45350.0100pay 0.0013% / 1h24m 05s$471$14K10x
ShortgTrade (Gains Network) ONDO/USD0.4536L +0.0003% / S −0.0008%get 0.0001% / 1h24m 05s$6K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SoDEX. 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
−$19.23
Price spread: +0.013% → 0.000%
$1.32
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$35.91
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): 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 SoDEX no order-book sample
Sell gTrade (Gains Network) no order-book sample
SoDEX and gTrade (Gains Network): 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−0.0804%1h0.4534−0.012%$2.8M$8.0M50xas long as short
Injective ONDO/USDC PERP−0.0545%1h0.4568+0.728%$888$216K5.5xas long as short
Deribit ONDO_USDC-PERPETUAL0.0000%1h0.4534−0.022%$35K$437K25xas long as short
gTrade (Gains Network) ONDO/USDshortL +0.0003% / S −0.0008%1h0.4536+0.013%$6K150x
Orderly PERP_ONDO_USDC+0.0098%4h0.45350.000%$25K$8K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4537+0.055%$436K$710K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4538+0.066%$720K$2.1M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4537+0.044%$67.9M$227.6M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4537+0.044%$73.6M$123.1M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.45350.000%$17.5M$80.2M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ONDO-USD.P+0.0100%1h0.4531−0.088%$74K$88K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4536+0.024%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4532−0.066%$11.9M$18.1M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.45350.000%$48.5M$43.6M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4537+0.044%$14.0M$11.1M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4536+0.022%$25.6M$41.3M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4536+0.022%$22.3Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4537+0.055%$227K$1.0M15xas long as short
Variational Omni ONDO+0.0100%4h0.4546+0.242%$780K$2.0Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4545+0.221%$5K$318K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4551+0.361%$420K$960K10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4546+0.243%$172K$312K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4538+0.057%$69K$1.2M10xas long as short
SunX ONDO-USDT+0.0100%4h0.45350.000%$1.4M20xas long as short
SoDEX ONDO-USDlong+0.0100%1h0.4535long leg$471$14K10x
HTX ONDO-USDT+0.0100%4h0.4545+0.221%$133K$506K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4538+0.066%$4.6M$6.9M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4538+0.056%$7K$910xas long as short
Extended ONDO-USD+0.0104%1h0.4534−0.032%$407K$844K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4537+0.044%$44K$8K3xas long as short
Hyperliquid ONDO+0.0133%1h0.4540+0.117%$40.2M$26.4M10xas long as short
Phoenix ONDO+0.0244%1h0.4548+0.291%$38K$257K10xas long as short
Coinbase International ONDO-PERP-INTX+0.0304%1h0.4545+0.221%$297K$843K50xas long as short
01 Exchange ONDOUSD+0.0336%1h0.4538+0.077%$374$2K10xas long as short
BloFin ONDO-USDT+0.0340%4h0.4547+0.265%$3.3M$3.2M75xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0586% / S −0.0188%1h0.4536+0.013%$541K100xas long as short
Lighter ONDO+0.0744%1h0.4544+0.194%$1.4M$2.3M10xas long as short
Reya ONDORUSDPERP+0.1143%1h0.4535+0.001%$2K20xas long as short
dYdX ONDO-USD+0.3955%1h0.4544+0.190%$257K$132K5xas long as short