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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.054%
Price spread now: 01 Exchange against SoDEX−0.021%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
Funding pays, the price is against you. 01 Exchange is 0.021% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 15 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ONDO-USD0.43870.0100pay 0.0013% / 1h21m 02s$456$13K10x
Short01 Exchange ONDOUSD0.43860.0208get 0.0026% / 1h21m 02s$361$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$22.68
Price spread: −0.021% → 0.000%
−$2.05
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$5.63
Costs to cover
0.150%
Break-even
5.3 days
Slippage unknown: SoDEX: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
SoDEX and 01 Exchange: 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
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0011%1h0.4385−0.049%$7K150xas long as short
Kraken Futures PF_ONDOUSD+0.0033%1h0.4385−0.043%$2.6M$7.8M50xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568+4.126%$888$216K5.5xas long as short
Lighter ONDO+0.0096%1h0.4390+0.066%$1.1M$2.4M10xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4385−0.046%$24K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4388+0.028%$363K$855K10xas long as short
Hyperliquid ONDO+0.0100%1h0.4390+0.071%$37.6M$24.7M10xas long as short
Binance ONDOUSDT+0.0100%4h0.43870.000%$63.4M$230.7M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4385−0.046%$67.8M$126.2M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4388+0.023%$17.1M$73.1M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ONDO-USD.P+0.0100%1h0.4398+0.242%$72K$85K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4385−0.046%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4384−0.068%$11.6M$16.4M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4386−0.023%$44.3M$42.0M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4385−0.046%$12.7M$10.7M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.43870.000%$25.1M$39.8M50xas long as short
BingX ONDO-USDC+0.0100%4h0.4385−0.046%$763Kas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4387−0.007%$187K$977K15xas long as short
Variational Omni ONDO+0.0100%4h0.4384−0.075%$711K$1.7Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4388+0.026%$4K$316K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4390+0.068%$411K$1.1M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4392+0.114%$135K$355K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4389+0.034%$69K$1.4M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4388+0.023%$1.4M20xas long as short
SoDEX ONDO-USDlong+0.0100%1h0.4387long leg$456$13K10x
HTX ONDO-USDT+0.0100%4h0.4395+0.182%$127K$430K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4386−0.023%$4.2M$7.8M50xas long as short
Paradex ONDO-USD-PERP+0.0102%8h0.4385−0.038%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4386−0.015%$395K$798K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4390+0.057%$38K$13K3xas long as short
01 Exchange ONDOUSDshort+0.0208%1h0.4386−0.021%$361$2K10x
Aster ONDOUSDT+0.0225%4h0.4389+0.046%$759K$2.5M20xas long as short
dYdX ONDO-USD+0.0311%1h0.4384−0.065%$248K$129K5xas long as short
Coinbase International ONDO-PERP-INTX+0.0328%1h0.4404+0.388%$272K$730K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.43870.000%$3.1M$3.0M75xas long as short
Phoenix ONDO+0.0365%1h0.4392+0.105%$35K$223K10xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0434%1h0.4388+0.023%$18K$367K25xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0607% / S −0.0219%1h0.4385−0.049%$521K100xas long as short
Reya ONDORUSDPERP+0.1152%1h0.4387+0.010%$2K20xas long as short