data as of
Settings8H · net · $10k
Funding arb /

ONDO

all ONDO markets
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Funding spread now, next payment 17:00 UTC+0.0925%/8h
paid, last 24h0.000%paid, last 7 days+0.064%to open and close $10k−$36
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.064% in total (about 3.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ONDOUSDT0.4507−0.0824get 0.0412% / 4h3h 48m$70.7M$118.2M50x
ShortPolymarket Perps ONDO-USD0.45100.0100get 0.0013% / 1h48m 22s$89K$1.0M10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$194.15
Slippage, 4 orders
−$16.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$158.34
Break-even
1.3 days
Slippage from Bybit: live order book, 2 min ago; Polymarket Perps: live order book, 1 min ago.

Price risk

price view
Price gap now
+0.075%
Avg gap 7d
+0.112%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago1.11 bp9.3 bp −$918.0 bp −$18063.3 bp −$6,328doesn't fit
Sell Polymarket Perps live order book, 1 min ago2.78 bp9.5 bp −$1010.1 bp −$101doesn't fitdoesn't fit

ONDO on 38 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit ONDOUSDTlong−0.0824%4h$70.7M$118.2M50x
Gate ONDO_USDT−0.0292%4h$11.9M$18.8M50xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0010%1h$10K150xas long as short
Phemex ONDOUSDT+0.0033%4h$5.0M$5.3M50xas long as short
Variational Omni ONDO+0.0088%4h$928K$2.0Mas long as short
Orderly PERP_ONDO_USDC+0.0093%4h$25K$8K10xas long as short
Nado ONDO-PERP+0.0100%1h$483K$612K10xas long as short
Aster ONDOUSDT+0.0100%4h$753K$1.8M20xas long as short
Binance ONDOUSDT+0.0100%4h$68.0M$228.4M75xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h$18.5M$83.7M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Ondo Perps ONDO-USD.P+0.0100%1h$74K$94K10xas long as short
RISEx ONDO/USDC+0.0100%1h5xas long as short
MEXC ONDO_USDT+0.0100%4h$50.1M$46.1M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h$13.8M$10.4M50xas long as short
Bitget ONDOUSDT+0.0100%4h$25.6M$44.1M50xas long as short
BingX ONDO-USDT+0.0100%4h$23.5Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h$231K$859K15xas long as short
edgeX ONDOUSDC+0.0100%4h$5K$318K20xas long as short
ApeX Omni ONDOUSDT+0.0100%1h$180K$386K50xas long as short
Polymarket Perps ONDO-USDshort+0.0100%1h$89K$1.0M10x
SunX ONDO-USDT+0.0100%4h$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h$469$15K10xas long as short
HTX ONDO-USDT+0.0100%4h$132K$479K50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h$6K$910xas long as short
Extended ONDO-USD+0.0104%1h$381K$1.1M25xas long as short
Aevo ONDO-PERP+0.0104%1h$36K3xas long as short
Phoenix ONDO+0.0162%1h$28K$244K10xas long as short
Hyperliquid ONDO+0.0176%1h$41.0M$28.1M10xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0193%1h$16K$302K25xas long as short
01 Exchange ONDOUSD+0.0216%1h$371$1K10xas long as short
BloFin ONDO-USDT+0.0340%4h$3.3M$3.5M75xas long as short
Coinbase International ONDO-PERP-INTX+0.0464%1h$356K$845K50xas long as short
Lighter ONDO+0.0472%1h$1.2M$2.0M10xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0569% / S −0.0189%1h$513K100xas long as short
Kraken Futures PF_ONDOUSD+0.1020%1h$3.6M$5.1M50xas long as short
Reya ONDORUSDPERP+0.1127%1h$2K20xas long as short
Injective ONDO/USDC PERP+0.1162%1h$1K$85K5.5xas long as short
dYdX ONDO-USD+0.2428%1h$250K$105K5xas long as short