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

ONDO

all ONDO markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 14:00 UTC−0.0347%/8h
next payment, per $10,000−$0.43paid, last 24h−0.081%paid, last 7 days−0.273%to open and close $10k−$38
Long on HyperliquidShort on Backpack
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ONDO0.45300.0447pay 0.0056% / 1h59m 54s$42.4M$27.2M10x
ShortBackpack ONDO_USDC_PERP0.45250.0100get 0.0013% / 1h59m 54s$282K$598K15x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$72.93
Slippage, 4 orders
−$18.59
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$110.52
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Backpack: live order book, 60 min ago.

Price risk

price view
Price gap now
−0.091%
Avg gap 7d
−0.096%
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 Hyperliquid live order book, 5 min ago1.33 bp10.5 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 60 min ago1.54 bp8.4 bp −$8doesn't fitdoesn't fitdoesn't fit

ONDO on 38 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective ONDO/USDC PERP−0.0499%1h$1K$119K5.5xas long as short
Gate ONDO_USDT−0.0038%4h$11.9M$19.1M50xas long as short
Deribit ONDO_USDC-PERPETUAL0.0000%1h$36K$236K25xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0007%1h$7K—150xas long as short
01 Exchange ONDOUSD+0.0040%1h$371$1K10xas long as short
Phoenix ONDO+0.0053%1h$28K$194K10xas long as short
Orderly PERP_ONDO_USDC+0.0095%4h$25K$6K10xas long as short
Aster ONDOUSDT+0.0100%4h$701K$1.4M20xas long as short
Binance ONDOUSDT+0.0100%4h$67.7M$212.4M75xas long as short
Bybit ONDOUSDT+0.0100%4h$69.6M$110.5M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ONDO-USDT-SWAP+0.0100%4h$18.3M$79.3M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h$74K$100K10xas long as short
RISEx ONDO/USDC+0.0100%1h——5xas long as short
MEXC ONDO_USDT+0.0100%4h$50.9M$45.6M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h$14.1M$10.1M50xas long as short
Bitget ONDOUSDT+0.0100%4h$25.3M$42.0M50xas long as short
BingX ONDO-USDC+0.0100%4h—$765K—as long as short
Backpack ONDO_USDC_PERPshort+0.0100%1h$282K$598K15x
Variational Omni ONDO+0.0100%4h$920K$1.9M—as long as short
edgeX ONDOUSDC+0.0100%4h$4K$316K20xas long as short
ApeX Omni ONDOUSDT+0.0100%1h$184K$339K50xas long as short
Nado ONDO-PERP+0.0100%1h$461K$494K10xas long as short
Polymarket Perps ONDO-USD+0.0100%1h$95K$931K10xas long as short
SunX ONDO-USDT+0.0100%4h—$1.3M20xas long as short
SoDEX ONDO-USD+0.0100%1h$2K$8K10xas long as short
HTX ONDO-USDT+0.0100%4h$129K$631K50xas long as short
Phemex ONDOUSDT+0.0100%4h$4.9M$4.5M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h$6K$910xas long as short
Extended ONDO-USD+0.0104%1h$423K$1.1M25xas long as short
Aevo ONDO-PERP+0.0104%1h$36K—3xas long as short
BloFin ONDO-USDT+0.0340%4h$3.3M$3.4M75xas long as short
Lighter ONDO+0.0392%1h$1.2M$1.9M10xas long as short
Hyperliquid ONDOlong+0.0447%1h$42.4M$27.2M10x
Coinbase International ONDO-PERP-INTX+0.0552%1h$366K$799K50xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0575% / S −0.0190%1h$516K—100xas long as short
Reya ONDORUSDPERP+0.1122%1h$2K—20xas long as short
Kraken Futures PF_ONDOUSD+0.1857%1h$3.6M$4.8M50xas long as short
dYdX ONDO-USD+0.2963%1h$161K$11K5xas long as short