TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.3861−0.0336get 0.0168% / 4h57m 17s$554K$1.6M50xLong Variational Omni+15% pts
SHORT0.3827−0.0366pay 0.0046% / 1h57m 17s$12K$126K20xShort Bullet
Price gap−0.899%
Funding gap−0.0030% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 1.011% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$32−0.0030% /8h now · paid −0.321% over the last 7D
Price−$101spread −0.899% now, avg +0.112% → −1.011% if it goes back
Costs−$250.248% of $10k · taker + slippage, in and out
Result−$158−1.58%+ Points / potential airdropVariational Omni: points · Bullet: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.899%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ONDO on 42 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Large against open interest9.1 / 1.3 bp
    $10k is over 10% of Bullet’s open interest.
  • Note: Margin at max leverage$200 + $500
    Variational Omni 50x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$0.91Long Variational Omni: 6 payments, +$10.07; short Bullet: 24 payments, −$10.98.
  • Watch: Gap narrower than usual−0.899% vs +0.112%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$12K vs $554K OI
    Bullet sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points · Bullet points
    Volume here counts toward the points program.
  • OK: No KYC on either legVariational Omni No · Bullet No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0153%/8h × 21 periods−$32.14
Price spread−0.899% → +0.112% (7d avg)−$101.09
Slippage, 4 orderslive order books−$24.78
Fee Variational Omni bp × 2 orders$0.00
Fee Bullet bp × 2 orders$0.00
Net · 7 days · $10k−$158.02
Costs to cover0.248%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 1 min ago; Bullet: live order book, 17 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni5.189.1 bp−$912.9 bp−$129doesn’t fitdoesn’t fit
SELL · SHORTBullet1.021.3 bp−$14.4 bp−$44doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

ONDO news

posts that mention ONDO, from every exchangeSearch all news →
10-28 16:00OKXOtherEurope, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗
10-21 12:23OKXOtherZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗
10-13 21:19ArcusListing$ONDO perpetuals are now live on Arcus. Up to 10x leverage. @arcus_xyz on X ↗
10-13 20:05ArcusListingnew market ONDO-USD ($ONDO) seen by our collector
10-13 15:13OKXOtherEurope, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗
10-13 13:51Ondo PerpsListingNew crypto perps campaign. New users can get up to 75% of fees back on crypto trades. The more volume you trade, the higher your fee rebate: ▸ $10K+ volume → get 10% of fees back ▸ $50K+ → get 25% back ▸ $250K+ → get 50% back ▸ $1M+ → get 75% back Crypto perps included in the campaign: ▸ $BTC ▸ $ETH ▸ $ZEC ▸ $SOL ▸ $ENA ▸ $XRP ▸ $HYPE ▸ $PUMP ▸ $ONDO Running from October 13 at 9AM ET to October 20 at 9AM ET. Limited to users who sign up for Ondo Perps after the campaign starts. Rebates are capped at $500 per user. Trade now → @OndoPerps on X ↗