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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.6519%/8h= +713.9% APRnext payment +$8.15 per $10,000 · paid last 24h +1.649%
Price spread now: dYdX against Ondo Perps−0.117%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 7 days+2.686%+$269 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
Funding pays, the price is against you. dYdX is 0.117% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 1 hour of funding at the current rate (+$196 a day). At the pace of the last 7 days (+2.686% in total) that is about 7 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.686% in total (about 140.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.15 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ONDO-USD.P0.45660.0100pay 0.0013% / 1h43m 50s$74K$89K10x
ShortdYdX ONDO-USD0.45600.6619get 0.0827% / 1h43m 50s$258K$131K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Ondo Perps. 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
$1,369.09
Price spread: −0.117% → 0.000%
−$11.69
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
$1,342.4
Costs to cover
0.150%
Break-even
0.1 days
Slippage unknown: Ondo Perps: no order-book sample; dYdX: live order book, 35 min ago. 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 Ondo Perps no order-book sample
Sell dYdX live order book, 35 min ago76.42 bp291.5 bp −$291475.3 bp −$4,753494.4 bp −$49.4K790.7 bp −$395.3K
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 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−0.0798%1h0.4569+0.072%$2.8M$8.1M50xas long as short
Injective ONDO/USDC PERP−0.0545%1h0.4568+0.050%$888$216K5.5xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0008%1h0.4568+0.055%$6K150xas long as short
Orderly PERP_ONDO_USDC+0.0098%4h0.4568+0.050%$25K$8K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4567+0.039%$431K$705K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4568+0.050%$721K$2.1M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4566+0.007%$68.2M$227.5M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4565−0.015%$74.0M$122.8M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4564−0.037%$17.8M$81.2M50xas long as short
Ondo Perps ONDO-USD.Plong+0.0100%1h0.4566long leg$74K$89K10x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx ONDO/USDC+0.0100%1h0.4563−0.056%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4564−0.037%$12.0M$18.0M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4568+0.050%$49.6M$43.3M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4566+0.007%$13.8M$11.0M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4567+0.028%$25.9M$41.4M50xas long as short
BingX ONDO-USDC+0.0100%4h0.4566+0.007%$743Kas long as short
Variational Omni ONDO+0.0100%4h0.4573+0.158%$787K$2.0Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4575+0.194%$5K$320K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4575+0.195%$433K$960K10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4568+0.050%$173K$312K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4572+0.138%$69K$1.2M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4562−0.081%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4569+0.072%$475$14K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4571+0.116%$133K$503K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4570+0.094%$4.7M$6.8M50xas long as short
Paradex ONDO-USD-PERP+0.0101%8h0.4563−0.067%$7K$910xas long as short
Extended ONDO-USD+0.0104%1h0.4566+0.011%$409K$846K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4573+0.150%$44K$8K3xas long as short
Backpack ONDO_USDC_PERP+0.0175%1h0.4570+0.096%$230K$1.0M15xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0188%1h0.4570+0.094%$36K$436K25xas long as short
Phoenix ONDO+0.0244%1h0.4573+0.171%$38K$257K10xas long as short
Coinbase International ONDO-PERP-INTX+0.0304%1h0.4565−0.015%$299K$852K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4566+0.007%$3.3M$3.2M75xas long as short
Hyperliquid ONDO+0.0342%1h0.4573+0.169%$40.5M$26.8M10xas long as short
01 Exchange ONDOUSD+0.0440%1h0.4569+0.066%$376$2K10xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0587% / S −0.0188%1h0.4569+0.074%$545K100xas long as short
Lighter ONDO+0.0952%1h0.4578+0.265%$1.5M$2.3M10xas long as short
Reya ONDORUSDPERP+0.1142%1h0.4570+0.102%$2K20xas long as short
dYdX ONDO-USDshort+0.6619%1h0.4560−0.117%$258K$131K5x