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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h +0.018%
Price spread now: Deribit against Ondo Perps−0.009%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 7 days−0.006%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ONDO-USD.P0.43340.0100pay 0.0013% / 1h21m 51s$71K$81K10x
ShortDeribit ONDO_USDC-PERPETUAL0.43340.0212get 0.0027% / 1h21m 51s$18K$362K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Ondo Perps. 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
$23.52
Price spread: −0.009% → 0.000%
−$0.92
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$10.6
Costs to cover
0.120%
Break-even
3.8 days
Slippage unknown: Ondo Perps: no order-book sample; Deribit: live order book, 22 min ago. 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 Ondo Perps no order-book sample
Sell Deribit live order book, 22 min ago6.92 bp10.4 bp −$10doesn't fitdoesn't fitdoesn't fit
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 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−0.0146%1h0.4331−0.086%$2.5M$7.8M50xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0011%1h0.4330−0.092%$7K150xas long as short
dYdX ONDO-USD+0.0004%1h0.4334−0.003%$243K$141K5xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568+5.389%$888$216K5.5xas long as short
Lighter ONDO+0.0096%1h0.4336+0.042%$1.1M$2.4M10xas long as short
Nado ONDO-PERP+0.0100%1h0.4333−0.032%$348K$893K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4337+0.060%$780K$2.7M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4337+0.070%$62.7M$234.9M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4337+0.060%$68.0M$124.3M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4338+0.083%$17.3M$72.6M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ONDO-USD.Plong+0.0100%1h0.4334long leg$71K$81K10x
RISEx ONDO/USDC+0.0100%1h0.4335+0.003%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4335+0.014%$12.6M$16.1M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4337+0.060%$43.6M$42.8M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4331−0.078%$12.0M$10.5M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4332−0.055%$24.8M$38.0M50xas long as short
BingX ONDO-USDC+0.0100%4h0.4336+0.037%$773Kas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4332−0.060%$172K$993K15xas long as short
Variational Omni ONDO+0.0100%4h0.4342+0.169%$667K$1.7Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4327−0.176%$5K$315K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4328−0.147%$406K$1.4M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4328−0.148%$132K$340K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4336+0.032%$61K$1.4M10xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4331−0.078%$23K$6K10xas long as short
SunX ONDO-USDT+0.0100%4h0.4335+0.014%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4333−0.032%$450$14K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4342+0.175%$129K$401K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4332−0.055%$4.2M$8.6M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4333−0.025%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4334−0.010%$375K$803K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4335+0.025%$38K$13K3xas long as short
Hyperliquid ONDO+0.0149%1h0.4336+0.032%$36.4M$27.1M10xas long as short
01 Exchange ONDOUSD+0.0200%1h0.4336+0.030%$357$2K10xas long as short
Deribit ONDO_USDC-PERPETUALshort+0.0212%1h0.4334−0.009%$18K$362K25x
Coinbase International ONDO-PERP-INTX+0.0264%1h0.4342+0.175%$215K$728K50xas long as short
Phoenix ONDO+0.0313%1h0.4336+0.046%$35K$223K10xas long as short
BloFin ONDO-USDT+0.0340%4h0.4334−0.009%$3.1M$3.2M75xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0573% / S −0.0203%1h0.4332−0.057%$495K100xas long as short
Reya ONDORUSDPERP+0.1158%1h0.4333−0.038%$2K20xas long as short