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+0.0172%/8h= +18.8% APRnext payment +$0.21 per $10,000 · paid last 24h −1.249%
Price spread now: 01 Exchange against dYdX+0.172%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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and 01 Exchange is 0.172% dearer against dYdX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ONDO-USD0.43220.0004pay 0.0001% / 1h26m 55s$243K$141K5x
Short01 Exchange ONDOUSD0.43300.0176get 0.0022% / 1h26m 55s$356$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$36.05
Price spread: +0.172% → 0.000%
$17.2
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$36.26
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: dYdX: live order book, 17 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 dYdX live order book, 17 min ago33.44 bp38.4 bp −$3838.4 bp −$384136.2 bp −$13.6K708.6 bp −$354.3K
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−0.0146%1h0.4326+0.097%$2.5M$7.8M50xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0011%1h0.4317−0.121%$7K150xas long as short
dYdX ONDO-USDlong+0.0004%1h0.4322long leg$243K$141K5x
Injective ONDO/USDC PERP+0.0033%1h0.4568+5.685%$888$216K5.5xas long as short
Lighter ONDO+0.0096%1h0.4331+0.207%$1.1M$2.4M10xas long as short
Nado ONDO-PERP+0.0100%1h0.4326+0.098%$347K$894K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4330+0.176%$776K$2.7M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4330+0.179%$62.6M$235.8M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4327+0.110%$67.7M$124.3M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4330+0.179%$17.2M$72.5M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ONDO-USD.P+0.0100%1h0.4306−0.374%$71K$81K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4328+0.130%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4327+0.110%$12.4M$16.0M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4330+0.179%$43.3M$42.7M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4327+0.110%$11.9M$10.5M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4327+0.110%$24.8M$38.2M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4328+0.133%$23.3Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4328+0.137%$172K$993K15xas long as short
Variational Omni ONDO+0.0100%4h0.4313−0.220%$665K$1.7Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4321−0.035%$5K$315K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4315−0.165%$408K$1.4M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4322−0.006%$132K$340K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4330+0.172%$60K$1.4M10xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4326+0.086%$23K$6K10xas long as short
SunX ONDO-USDT+0.0100%4h0.4329+0.156%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4329+0.156%$450$14K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4335+0.295%$128K$401K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4326+0.086%$4.2M$8.6M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4326+0.087%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4328+0.132%$391K$786K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4331+0.209%$38K$13K3xas long as short
Hyperliquid ONDO+0.0121%1h0.4332+0.223%$36.3M$27.2M10xas long as short
01 Exchange ONDOUSDshort+0.0176%1h0.4330+0.172%$356$2K10x
Coinbase International ONDO-PERP-INTX+0.0264%1h0.4327+0.110%$214K$725K50xas long as short
Phoenix ONDO+0.0313%1h0.4318−0.092%$35K$223K10xas long as short
BloFin ONDO-USDT+0.0340%4h0.4326+0.086%$3.1M$3.2M75xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0443%1h0.4330+0.179%$18K$362K25xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0573% / S −0.0203%1h0.4327+0.099%$495K100xas long as short
Reya ONDORUSDPERP+0.1158%1h0.4318−0.093%$2K20xas long as short