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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −1.616%
Price spread now: Ondo Perps against dYdX+0.356%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 7 days−2.707%−$271 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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Ondo Perps is 0.356% dearer against dYdX than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −2.707%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ONDO-USD0.44020get 0.0000% / 1h19m 04s$249K$130K5x
ShortOndo Perps ONDO-USD.P0.44180.0100get 0.0013% / 1h19m 04s$72K$88K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against dYdX. 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
$21
Price spread: +0.356% → 0.000%
$35.61
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$41.61
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: dYdX: live order book, 50 min ago; Ondo Perps: 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 dYdX live order book, 50 min ago130.76 bp135.8 bp −$136175.9 bp −$1,759464.6 bp −$46.5K1447.9 bp −$724.0K
Sell Ondo Perps no order-book sample
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 38 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−0.0362%1h0.4407+0.106%$2.6M$8.1M50xas long as short
dYdX ONDO-USDlong0.0000%1h0.4402long leg$249K$130K5x
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0008%1h0.4405+0.058%$6K150xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568+3.761%$888$216K5.5xas long as short
Orderly PERP_ONDO_USDC+0.0099%4h0.4406+0.081%$24K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4407+0.104%$386K$858K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4409+0.146%$673K$2.1M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4415+0.278%$64.0M$231.2M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4414+0.263%$70.0M$125.3M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4413+0.240%$17.0M$75.6M50xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ONDO-USD.Pshort+0.0100%1h0.4418+0.356%$72K$88K10x
RISEx ONDO/USDC+0.0100%1h0.4405+0.053%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4408+0.127%$11.6M$16.5M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4408+0.127%$45.6M$43.4M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4408+0.127%$13.1M$11.1M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4415+0.286%$25.1M$40.4M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4413+0.240%$22.3Mas long as short
Variational Omni ONDO+0.0100%4h0.4416+0.301%$769K$1.8Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4417+0.340%$5K$319K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4419+0.366%$419K$976K10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4418+0.354%$136K$366K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4409+0.149%$93K$1.4M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4406+0.081%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4410+0.172%$458$13K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4412+0.218%$129K$512K50xas long as short
Paradex ONDO-USD-PERP+0.0103%8h0.4406+0.072%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4409+0.146%$398K$823K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4411+0.204%$38K$13K3xas long as short
Backpack ONDO_USDC_PERP+0.0135%1h0.4415+0.281%$202K$1.0M15xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0204%1h0.4408+0.127%$23K$349K25xas long as short
Hyperliquid ONDO+0.0284%1h0.4415+0.288%$38.9M$25.7M10xas long as short
Coinbase International ONDO-PERP-INTX+0.0328%1h0.4422+0.445%$284K$745K50xas long as short
Phoenix ONDO+0.0338%1h0.4425+0.517%$35K$231K10xas long as short
01 Exchange ONDOUSD+0.0352%1h0.4410+0.168%$363$2K10xas long as short
Phemex ONDOUSDT+0.0526%4h0.4410+0.172%$4.2M$7.4M50xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0550% / S −0.0190%1h0.4404+0.033%$486K100xas long as short
Lighter ONDO+0.0776%1h0.4416+0.302%$1.4M$2.1M10xas long as short
Reya ONDORUSDPERP+0.1148%1h0.4410+0.176%$2K20xas long as short