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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0270%/8h= +29.5% APRnext payment +$0.34 per $10,000 · paid last 24h −0.036%
Price spread now: gTrade (Gains Network) against Kraken Futures+0.013%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ONDOUSD0.4297−0.0259get 0.0032% / 1h44m 04s$2.5M$6.7M50x
ShortgTrade (Gains Network) ONDO/USD0.4297L +0.0003% / S −0.0011%get 0.0001% / 1h44m 04s$7K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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
$56.65
Price spread: +0.013% → 0.000%
$1.32
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$37.97
Costs to cover
0.200%
Break-even
2.3 days
Slippage unknown: Kraken Futures: live order book, 3 min ago; gTrade (Gains Network): 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 Kraken Futures live order book, 3 min ago2.33 bp14.0 bp −$1418.6 bp −$186106.6 bp −$10.7Kdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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 exchanges

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_ONDOUSDlong−0.0259%1h0.4297long leg$2.5M$6.7M50x
Deribit ONDO_USDC-PERPETUAL0.0000%1h0.4297+0.011%$21K$354K25xas long as short
gTrade (Gains Network) ONDO/USDshortL +0.0003% / S −0.0011%1h0.4297+0.013%$7K150x
Injective ONDO/USDC PERP+0.0033%1h0.4568+6.318%$888$214K5.5xas long as short
Bybit ONDOUSDT+0.0066%4h0.4295−0.036%$67.1M$112.4M50xas long as short
ApeX Omni ONDOUSDT+0.0070%1h0.4283−0.315%$85K$350K50xas long as short
Lighter ONDO+0.0096%1h0.4300+0.092%$1.0M$2.1M10xas long as short
Orderly PERP_ONDO_USDC+0.0098%4h0.4296−0.012%$23K$7K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4299+0.057%$330K$815K10xas long as short
Hyperliquid ONDO+0.0100%1h0.4300+0.074%$36.2M$26.2M10xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ONDOUSDT+0.0100%4h0.4299+0.057%$765K$2.8M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4297+0.016%$61.9M$211.2M75xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4296−0.012%$17.2M$65.2M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4290−0.143%$68K$64K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4296−0.003%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4297+0.011%$14.2M$12.9M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4297+0.011%$43.8M$39.3M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4298+0.034%$13.0M$8.9M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4298+0.034%$24.9M$30.5M50xas long as short
BingX ONDO-USDC+0.0100%4h0.4297+0.011%$783Kas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4297+0.006%$178K$992K15xas long as short
Variational Omni ONDO+0.0100%4h0.4282−0.329%$615K$1.9Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4279−0.412%$5K$317K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4289−0.165%$395K$2.1M10xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4298+0.032%$53K$1.2M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4297+0.011%$1.2M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4297+0.011%$447$17K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4302+0.127%$105K$439K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4298+0.034%$4.1M$8.4M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4296−0.012%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4296−0.011%$348K$760K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4298+0.035%$37K$13K3xas long as short
01 Exchange ONDOUSD+0.0144%1h0.4298+0.043%$354$2K10xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0162% / S +0.0062%1h0.4297+0.006%$272K100xas long as short
Phoenix ONDO+0.0167%1h0.4296−0.012%$34K$204K10xas long as short
Coinbase International ONDO-PERP-INTX+0.0240%1h0.4305+0.197%$212K$548K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4293−0.082%$3.2M$2.9M75xas long as short
Reya ONDORUSDPERP+0.1168%1h0.4296−0.016%$2K20xas long as short
dYdX ONDO-USD+0.3796%1h0.4298+0.024%$246K$159K5xas long as short