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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Ondo Perps against gTrade (Gains Network)+0.218%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Ondo Perps is 0.218% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ONDO/USD0.4403L +0.0003% / S −0.0008%pay 0.0000% / 1h14m 56s$6K150x
ShortOndo Perps ONDO-USD.P0.44130.0100get 0.0013% / 1h14m 56s$72K$88K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against gTrade (Gains Network). 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
$20.28
Price spread: +0.218% → 0.000%
$21.85
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$27.13
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Ondo Perps: 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 gTrade (Gains Network) no order-book sample
Sell Ondo Perps no order-book sample
gTrade (Gains Network) and Ondo Perps: 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 38 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−0.0363%1h0.4404+0.030%$2.6M$8.1M50xas long as short
dYdX ONDO-USD0.0000%1h0.4398−0.117%$249K$130K5xas long as short
gTrade (Gains Network) ONDO/USDlongL +0.0003% / S −0.0008%1h0.4403long leg$6K150x
Injective ONDO/USDC PERP+0.0033%1h0.4568+3.748%$888$216K5.5xas long as short
Orderly PERP_ONDO_USDC+0.0099%4h0.4404+0.023%$24K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4404+0.023%$385K$861K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4406+0.068%$677K$2.2M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4407+0.080%$63.8M$231.5M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4406+0.069%$69.8M$125.3M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4407+0.091%$17.0M$75.3M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ONDO-USD.Pshort+0.0100%1h0.4413+0.218%$72K$88K10x
RISEx ONDO/USDC+0.0100%1h0.4399−0.081%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4401−0.045%$11.6M$16.5M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4411+0.182%$46.4M$43.6M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4404+0.023%$13.1M$11.1M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4410+0.159%$25.0M$40.4M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4404+0.023%$22.3Mas long as short
Variational Omni ONDO+0.0100%4h0.4396−0.166%$760K$1.8Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4408+0.103%$5K$320K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4412+0.215%$419K$976K10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4405+0.046%$135K$366K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4404+0.023%$93K$1.4M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4406+0.069%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4406+0.069%$458$13K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4410+0.159%$129K$506K50xas long as short
Paradex ONDO-USD-PERP+0.0103%8h0.4401−0.036%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4410+0.158%$398K$824K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4407+0.091%$38K$13K3xas long as short
Backpack ONDO_USDC_PERP+0.0147%1h0.4407+0.091%$201K$1.0M15xas long as short
Hyperliquid ONDO+0.0263%1h0.4408+0.107%$38.8M$25.7M10xas long as short
Coinbase International ONDO-PERP-INTX+0.0328%1h0.4422+0.432%$284K$734K50xas long as short
Phoenix ONDO+0.0338%1h0.4404+0.032%$35K$231K10xas long as short
01 Exchange ONDOUSD+0.0344%1h0.4405+0.037%$362$2K10xas long as short
Phemex ONDOUSDT+0.0384%4h0.4404+0.023%$4.2M$7.4M50xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0431%1h0.4406+0.069%$23K$349K25xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0550% / S −0.0190%1h0.4403+0.003%$485K100xas long as short
Lighter ONDO+0.0768%1h0.4412+0.212%$1.4M$2.1M10xas long as short
Reya ONDORUSDPERP+0.1148%1h0.4405+0.044%$2K20xas long as short