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+0.0091%/8h= +9.9% APRnext payment +$0.11 per $10,000 · paid last 24h +0.025%
Price spread now: GMX against SoDEX−0.016%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 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-USD0.45140.0100pay 0.0013% / 1h9m 20s$469$14K10x
ShortGMX ONDO/USD [ETH-USDC]0.4513L +0.0590% / S −0.0191%get 0.0024% / 1h9m 20s$543K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$19.02
Price spread: −0.016% → 0.000%
−$1.6
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$2.58
Costs to cover
0.200%
Break-even
7.9 days
Slippage unknown: SoDEX: no order-book sample; GMX: 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 GMX no order-book sample
SoDEX and GMX: 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−0.1127%1h0.4512−0.055%$2.8M$8.0M50xas long as short
Deribit ONDO_USDC-PERPETUAL0.0000%1h0.4515+0.022%$19K$364K25xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0008%1h0.4515+0.012%$6K150xas long as short
Phoenix ONDO+0.0018%1h0.4500−0.319%$29K$222K10xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4522+0.177%$1K$132K5.5xas long as short
Orderly PERP_ONDO_USDC+0.0098%4h0.45140.000%$25K$8K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4516+0.050%$424K$681K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4519+0.102%$760K$2.0M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4515+0.029%$66.5M$221.0M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.45140.000%$73.1M$118.3M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ONDO-USDT-SWAP+0.0100%4h0.45140.000%$17.7M$80.1M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4495−0.423%$71K$84K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4517+0.058%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4513−0.022%$11.8M$18.8M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4515+0.022%$47.3M$45.7M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4515+0.022%$13.5M$10.8M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.45140.000%$25.5M$41.3M50xas long as short
BingX ONDO-USDT+0.0100%4h0.45140.000%$22.6Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4519+0.102%$193K$971K15xas long as short
Variational Omni ONDO+0.0100%4h0.4506−0.169%$790K$2.0Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4507−0.155%$5K$317K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4517+0.060%$426K$937K10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4508−0.133%$159K$332K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4517+0.064%$81K$1.1M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4515+0.022%$1.4M20xas long as short
SoDEX ONDO-USDlong+0.0100%1h0.4514long leg$469$14K10x
HTX ONDO-USDT+0.0100%4h0.4525+0.244%$130K$520K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4515+0.022%$4.7M$6.3M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4515+0.026%$6K$910xas long as short
Extended ONDO-USD+0.0104%1h0.4514−0.008%$401K$979K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4517+0.056%$36K3xas long as short
Hyperliquid ONDO+0.0280%1h0.4520+0.135%$40.4M$27.6M10xas long as short
Coinbase International ONDO-PERP-INTX+0.0328%1h0.4539+0.554%$305K$842K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4512−0.044%$3.2M$3.1M75xas long as short
01 Exchange ONDOUSD+0.0384%1h0.4519+0.115%$372$2K10xas long as short
Lighter ONDO+0.0544%1h0.4523+0.193%$1.4M$2.2M10xas long as short
GMX ONDO/USD [ETH-USDC]shortL +0.0590% / S −0.0191%1h0.4513−0.016%$543K100x
Reya ONDORUSDPERP+0.1139%1h0.4516+0.042%$2K20xas long as short
dYdX ONDO-USD+0.9294%1h0.4516+0.045%$256K$129K5xas long as short