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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0084%/8h= −9.2% APRnext payment $0.10 per $10,000 · paid last 24h −0.054%
Price spread now: SoDEX against 01 Exchange−0.073%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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SoDEX is 0.073% cheaper against 01 Exchange than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ONDOUSD0.44120.0184pay 0.0023% / 1h51m 45s$363$2K10x
ShortSoDEX ONDO-USD0.44090.0100get 0.0013% / 1h51m 45s$458$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against 01 Exchange. 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
−$17.64
Price spread: −0.073% → 0.000%
−$7.25
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$39.89
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; SoDEX: 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 01 Exchange no order-book sample
Sell SoDEX no order-book sample
01 Exchange and SoDEX: 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−0.0159%1h0.4407−0.127%$2.6M$7.8M50xas long as short
dYdX ONDO-USD0.0000%1h0.4407−0.113%$249K$129K5xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0011%1h0.4410−0.053%$7K150xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568+3.531%$888$216K5.5xas long as short
Lighter ONDO+0.0096%1h0.4416+0.079%$1.1M$2.4M10xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4409−0.073%$24K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4412−0.010%$364K$847K10xas long as short
Binance ONDOUSDT+0.0100%4h0.4408−0.095%$63.7M$230.9M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4406−0.141%$68.4M$126.4M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4408−0.095%$17.3M$73.5M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ONDO-USD.P+0.0100%1h0.4414+0.045%$73K$85K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4410−0.060%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4410−0.050%$11.7M$16.0M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4411−0.027%$43.9M$41.5M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4412−0.005%$12.8M$10.6M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4411−0.027%$25.3M$40.0M50xas long as short
BingX ONDO-USDC+0.0100%4h0.4412−0.005%$764Kas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4411−0.032%$186K$983K15xas long as short
Variational Omni ONDO+0.0100%4h0.4390−0.509%$716K$1.7Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4399−0.298%$4K$316K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4391−0.472%$414K$1.1M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4398−0.322%$136K$354K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4412+0.007%$68K$1.4M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4409−0.073%$1.4M20xas long as short
SoDEX ONDO-USDshort+0.0100%1h0.4409−0.073%$458$13K10x
HTX ONDO-USDT+0.0100%4h0.4418+0.131%$131K$434K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4408−0.095%$4.3M$7.9M50xas long as short
Paradex ONDO-USD-PERP+0.0102%8h0.4408−0.100%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4412−0.010%$397K$796K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4411−0.032%$38K$13K3xas long as short
01 Exchange ONDOUSDlong+0.0184%1h0.4412long leg$363$2K10x
Aster ONDOUSDT+0.0234%4h0.4411−0.017%$763K$2.5M20xas long as short
Coinbase International ONDO-PERP-INTX+0.0272%1h0.4412−0.005%$272K$733K50xas long as short
Hyperliquid ONDO+0.0321%1h0.4415+0.068%$38.0M$24.6M10xas long as short
Phoenix ONDO+0.0327%1h0.4398−0.322%$35K$218K10xas long as short
BloFin ONDO-USDT+0.0340%4h0.4411−0.027%$3.1M$3.1M75xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0431%1h0.4410−0.050%$18K$367K25xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0553% / S −0.0190%1h0.4409−0.076%$487K100xas long as short
Reya ONDORUSDPERP+0.1153%1h0.4413+0.012%$2K20xas long as short