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

ONDO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1148%/8h= +125.7% APRnext payment +$1.43 per $10,000 · paid last 24h +0.337%
Price spread now: Reya against gTrade (Gains Network)−0.039%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.039% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$34 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ONDO/USD0.4350L +0.0003% / S −0.0011%pay 0.0000% / 1h36m 42s$7K150x
ShortReya ONDORUSDPERP0.43480.1151get 0.0144% / 1h36m 42s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against gTrade (Gains Network). 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
$241.05
Price spread: −0.039% → 0.000%
−$3.85
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$221.19
Costs to cover
0.160%
Break-even
0.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Reya: 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 gTrade (Gains Network) no order-book sample
Sell Reya no order-book sample
gTrade (Gains Network) and Reya: 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
gTrade (Gains Network) ONDO/USDlongL +0.0003% / S −0.0011%1h0.4350long leg$7K150x
Injective ONDO/USDC PERP+0.0033%1h0.4568+5.014%$888$216K5.5xas long as short
Kraken Futures PF_ONDOUSD+0.0033%1h0.4352+0.047%$2.6M$7.9M50xas long as short
Lighter ONDO+0.0096%1h0.4357+0.165%$1.1M$2.4M10xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4350+0.002%$23K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4349−0.021%$367K$852K10xas long as short
Hyperliquid ONDO+0.0100%1h0.4355+0.122%$37.3M$24.5M10xas long as short
Binance ONDOUSDT+0.0100%4h0.4354+0.094%$62.8M$230.2M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4349−0.021%$67.4M$126.0M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4351+0.025%$16.9M$72.5M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ONDO-USD.P+0.0100%1h0.4384+0.791%$72K$84K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4350−0.003%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4352+0.048%$11.5M$16.3M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4354+0.094%$45.4M$41.7M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4353+0.071%$12.6M$10.8M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4353+0.071%$24.9M$39.9M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4354+0.094%$21.9Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4351+0.032%$186K$981K15xas long as short
Variational Omni ONDO+0.0100%4h0.4369+0.432%$708K$1.7Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4371+0.488%$4K$316K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4376+0.589%$410K$1.0M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4371+0.485%$135K$355K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4351+0.032%$66K$1.4M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4355+0.117%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4355+0.117%$453$13K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4361+0.255%$126K$478K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4356+0.140%$4.2M$7.8M50xas long as short
Paradex ONDO-USD-PERP+0.0102%8h0.4353+0.081%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4354+0.098%$394K$797K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4356+0.142%$38K$13K3xas long as short
Aster ONDOUSDT+0.0207%4h0.4356+0.131%$733K$2.4M20xas long as short
01 Exchange ONDOUSD+0.0216%1h0.4351+0.037%$358$2K10xas long as short
dYdX ONDO-USD+0.0267%1h0.4353+0.069%$246K$129K5xas long as short
Coinbase International ONDO-PERP-INTX+0.0328%1h0.4342−0.182%$269K$720K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4357+0.163%$3.1M$2.9M75xas long as short
Phoenix ONDO+0.0365%1h0.4356+0.145%$35K$223K10xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0440%1h0.4353+0.071%$18K$367K25xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0604% / S −0.0219%1h0.4350−0.006%$517K100xas long as short
Reya ONDORUSDPERPshort+0.1151%1h0.4348−0.039%$2K20x