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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1140%/8h= +124.8% APRnext payment +$1.43 per $10,000 · paid last 24h +0.334%
Price spread now: Reya against gTrade (Gains Network)−0.015%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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$34 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ONDO/USD0.4566L +0.0003% / S −0.0008%pay 0.0000% / 1h14m 00s$6K150x
ShortReya ONDORUSDPERP0.45650.1143get 0.0143% / 1h14m 00s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$239.4
Price spread: −0.015% → 0.000%
−$1.48
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$221.92
Costs to cover
0.160%
Break-even
0.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Reya: 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 Reya no order-book sample
gTrade (Gains Network) and Reya: 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−0.0799%1h0.4564−0.048%$2.8M$8.0M50xas long as short
Injective ONDO/USDC PERP−0.0545%1h0.4568+0.044%$888$216K5.5xas long as short
Deribit ONDO_USDC-PERPETUAL0.0000%1h0.45660.000%$35K$366K25xas long as short
gTrade (Gains Network) ONDO/USDlongL +0.0003% / S −0.0008%1h0.4566long leg$6K150x
Orderly PERP_ONDO_USDC+0.0098%4h0.4565−0.022%$25K$8K10xas long as short
Nado ONDO-PERP+0.0100%1h0.45660.000%$439K$705K10xas long as short
Hyperliquid ONDO+0.0100%1h0.4568+0.046%$40.4M$26.4M10xas long as short
Aster ONDOUSDT+0.0100%4h0.4568+0.040%$724K$2.1M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4564−0.044%$68.2M$226.3M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4564−0.044%$74.1M$120.7M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ONDO-USDT-SWAP+0.0100%4h0.4563−0.066%$17.7M$80.1M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4567+0.011%$74K$89K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4566−0.003%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4562−0.088%$12.0M$18.1M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4564−0.044%$48.9M$43.7M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4565−0.022%$14.1M$11.1M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4565−0.022%$25.8M$40.5M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4564−0.044%$22.3Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4566−0.004%$228K$1.0M15xas long as short
Variational Omni ONDO+0.0100%4h0.4568+0.040%$810K$2.0Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4563−0.061%$5K$320K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4569+0.066%$422K$949K10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4565−0.022%$173K$311K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4568+0.055%$69K$1.2M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4565−0.022%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4565−0.022%$474$14K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4576+0.219%$134K$504K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4565−0.022%$4.6M$6.9M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4572+0.127%$7K$910xas long as short
Extended ONDO-USD+0.0104%1h0.4563−0.063%$407K$844K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4567+0.033%$44K$8K3xas long as short
Phoenix ONDO+0.0244%1h0.4565−0.013%$38K$257K10xas long as short
01 Exchange ONDOUSD+0.0304%1h0.4568+0.053%$376$2K10xas long as short
Coinbase International ONDO-PERP-INTX+0.0304%1h0.4576+0.219%$298K$842K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4567+0.022%$3.3M$3.3M75xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0588% / S −0.0188%1h0.4566−0.004%$545K100xas long as short
Lighter ONDO+0.0720%1h0.4572+0.131%$1.5M$2.3M10xas long as short
Reya ONDORUSDPERPshort+0.1143%1h0.4565−0.015%$2K20x
dYdX ONDO-USD+0.3076%1h0.4572+0.134%$259K$132K5xas long as short