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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0114%/8h= −12.5% APRnext payment $0.57 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Aster+0.219%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$940.939% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.406%−$41 · spread now +0.219%, 7d avg +0.099%
Together, before fees−0.399%+ Points / potential airdropAster: Stage 5 · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.121% dearer against Aster than usual: you sell high and buy low (spread +0.219% now, against its 7-day average of +0.099%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ONDOUSDT0.43780.0214pay 0.0107% / 4h16m 23s$757K$2.5M20x
ShortHTX ONDO-USDT0.43880.0100get 0.0050% / 4h16m 23s$127K$430K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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
−$24.01
Price spread: +0.219% → +0.099%
$12.05
Slippage, 4 orders
−$73.89
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$105.85
Costs to cover
0.939%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; HTX: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 2 min ago1.14 bp5.4 bp −$532.7 bp −$327doesn't fitdoesn't fit
Sell HTX live order book, 42 min ago12.55 bp18.6 bp −$19doesn't fitdoesn't fitdoesn't fit

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
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0011%1h0.4378−0.018%$7K150xas long as short
Kraken Futures PF_ONDOUSD+0.0033%1h0.4379+0.017%$2.6M$7.8M50xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568+4.330%$888$216K5.5xas long as short
Lighter ONDO+0.0096%1h0.4381+0.050%$1.1M$2.4M10xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4379+0.014%$24K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4380+0.025%$362K$855K10xas long as short
Hyperliquid ONDO+0.0100%1h0.4384+0.133%$37.7M$24.8M10xas long as short
Binance ONDOUSDT+0.0100%4h0.4380+0.027%$63.3M$231.0M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4379+0.014%$67.7M$126.3M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4380+0.037%$17.0M$73.1M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ONDO-USD.P+0.0100%1h0.4385+0.155%$72K$84K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4379+0.008%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4376−0.055%$11.5M$16.4M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4380+0.037%$44.2M$42.0M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4377−0.032%$12.7M$10.7M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4379+0.014%$25.1M$39.9M50xas long as short
BingX ONDO-USDC+0.0100%4h0.4378−0.009%$763Kas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4381+0.066%$189K$978K15xas long as short
Variational Omni ONDO+0.0100%4h0.4384+0.121%$711K$1.7Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4385+0.142%$4K$317K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4386+0.178%$406K$1.1M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4385+0.151%$135K$354K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4380+0.041%$68K$1.4M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4381+0.059%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4381+0.059%$455$13K10xas long as short
HTX ONDO-USDTshort+0.0100%4h0.4388+0.219%$127K$430K50x
Phemex ONDOUSDT+0.0100%4h0.4380+0.037%$4.2M$7.8M50xas long as short
Paradex ONDO-USD-PERP+0.0102%8h0.4379+0.011%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4379+0.010%$395K$798K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4383+0.105%$38K$13K3xas long as short
01 Exchange ONDOUSD+0.0208%1h0.4381+0.057%$361$2K10xas long as short
Aster ONDOUSDTlong+0.0214%4h0.4378long leg$757K$2.5M20x
dYdX ONDO-USD+0.0275%1h0.4378+0.002%$248K$129K5xas long as short
Coinbase International ONDO-PERP-INTX+0.0328%1h0.4379+0.014%$271K$727K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4383+0.105%$3.1M$3.0M75xas long as short
Phoenix ONDO+0.0365%1h0.4382+0.091%$35K$223K10xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0435%1h0.4381+0.059%$18K$367K25xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0606% / S −0.0219%1h0.4379+0.015%$520K100xas long as short
Reya ONDORUSDPERP+0.1152%1h0.4380+0.030%$2K20xas long as short