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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0280%/8h= +30.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.052%
Price spread now: 01 Exchange against Deribit+0.328%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and 01 Exchange is 0.328% dearer against Deribit than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ONDO_USDC-PERPETUAL0.45720get 0.0000% / 1h3m 41s$33K$339K25x
Short01 Exchange ONDOUSD0.45870.0280get 0.0035% / 1h3m 41s$378$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Deribit. 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
$58.8
Price spread: +0.328% → 0.000%
$32.81
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$77.61
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Deribit: live order book, 5 min ago; 01 Exchange: 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 Deribit live order book, 5 min ago4.35 bp9.0 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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−0.0874%1h0.4570−0.033%$2.8M$7.9M50xas long as short
dYdX ONDO-USD0.0000%1h0.4553−0.411%$258K$131K5xas long as short
Deribit ONDO_USDC-PERPETUALlong0.0000%1h0.4572long leg$33K$339K25x
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0008%1h0.4577+0.111%$6K150xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568−0.087%$888$216K5.5xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4575+0.066%$25K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4582+0.219%$430K$705K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4561−0.234%$719K$2.1M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4554−0.403%$68.2M$221.4M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4548−0.525%$73.3M$119.1M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ONDO-USDT-SWAP+0.0100%4h0.4546−0.569%$17.4M$76.8M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4577+0.114%$73K$92K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4581+0.201%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4557−0.328%$12.0M$16.8M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4546−0.569%$48.7M$42.2M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4552−0.437%$14.1M$10.7M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4553−0.416%$25.8M$38.6M50xas long as short
BingX ONDO-USDC+0.0100%4h0.4555−0.372%$744Kas long as short
Variational Omni ONDO+0.0100%4h0.4576+0.080%$812K$1.9Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4596+0.527%$5K$319K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4601+0.640%$425K$967K10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4604+0.700%$172K$332K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4582+0.210%$74K$1.1M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4577+0.109%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.45720.000%$475$14K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4585+0.284%$135K$492K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4569−0.066%$4.5M$7.1M50xas long as short
Paradex ONDO-USD-PERP+0.0101%8h0.4552−0.441%$7K10xas long as short
Extended ONDO-USD+0.0104%1h0.4561−0.251%$415K$823K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4575+0.055%$40K$13K3xas long as short
Backpack ONDO_USDC_PERP+0.0108%1h0.4567−0.107%$229K$1.0M15xas long as short
Phoenix ONDO+0.0244%1h0.4586+0.297%$38K$248K10xas long as short
01 Exchange ONDOUSDshort+0.0280%1h0.4587+0.328%$378$2K10x
Coinbase International ONDO-PERP-INTX+0.0280%1h0.4596+0.525%$300K$816K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4580+0.175%$3.3M$2.9M75xas long as short
Hyperliquid ONDO+0.0380%1h0.4559−0.280%$40.6M$24.9M10xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0590% / S −0.0188%1h0.4576+0.091%$546K100xas long as short
Lighter ONDO+0.0688%1h0.4562−0.212%$1.5M$2.3M10xas long as short
Reya ONDORUSDPERP+0.1146%1h0.4578+0.130%$2K20xas long as short