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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.024%
Price spread now: GMX against Variational Omni−0.501%7-day average +0.008% · 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)+0.105%+$11 on $10k
Price spread, last 4 days (all we have)+0.563%+$56 · spread now −0.501%, 7d avg +0.008%
Together, before fees+0.669%+ Points / potential airdropVariational Omni: Active · farm board+$67 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.509% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.501% now, against its 7-day average of +0.008%). If the spread goes back, that is −$51 on $10k: about 18 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ONDO0.43900.0100pay 0.0050% / 4h3h 27m$717K$1.7M
ShortGMX ONDO/USD [ETH-USDC]0.4368L +0.0556% / S −0.0193%get 0.0024% / 1h27m 00s$486K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Variational Omni. 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
$19.52
Price spread: −0.501% → +0.008%
−$50.89
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
−$43.37
Costs to cover
0.120%
Break-even
22.6 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; GMX: 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 Variational Omni RFQ quote, 2 min ago4.57 bpdoesn't fit13.7 bp −$137doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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−0.0160%1h0.4367−0.526%$2.6M$7.7M50xas long as short
dYdX ONDO-USD0.0000%1h0.4369−0.479%$247K$129K5xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0011%1h0.4368−0.496%$7K150xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568+4.061%$888$216K5.5xas long as short
Lighter ONDO+0.0096%1h0.4373−0.383%$1.1M$2.4M10xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4368−0.495%$24K$6K10xas long as short
Binance ONDOUSDT+0.0100%4h0.4368−0.493%$63.1M$230.5M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4365−0.563%$67.9M$124.4M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4368−0.495%$17.1M$72.2M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4372−0.408%$72K$84K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx ONDO/USDC+0.0100%1h0.4368−0.502%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4367−0.518%$11.7M$16.1M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4368−0.495%$43.5M$41.9M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4369−0.472%$12.7M$10.5M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4369−0.472%$25.0M$39.6M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4368−0.495%$21.9Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4369−0.463%$184K$979K15xas long as short
Variational Omni ONDOlong+0.0100%4h0.4390long leg$717K$1.7M
edgeX ONDOUSDC+0.0100%4h0.4379−0.237%$4K$314K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4379−0.244%$411K$1.2M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4390+0.006%$135K$353K50xas long as short
Nado ONDO-PERP+0.0100%1h0.4370−0.455%$361K$841K10xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4370−0.459%$66K$1.4M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4368−0.495%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4369−0.472%$454$13K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4383−0.153%$129K$432K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4369−0.472%$4.2M$8.0M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4366−0.533%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4367−0.507%$395K$796K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4371−0.436%$38K$13K3xas long as short
01 Exchange ONDOUSD+0.0176%1h0.4369−0.484%$360$2K10xas long as short
Aster ONDOUSDT+0.0182%4h0.4370−0.458%$785K$2.6M20xas long as short
Hyperliquid ONDO+0.0227%1h0.4372−0.397%$37.6M$24.5M10xas long as short
Coinbase International ONDO-PERP-INTX+0.0272%1h0.4390+0.006%$260K$718K50xas long as short
Phoenix ONDO+0.0327%1h0.4377−0.292%$35K$218K10xas long as short
BloFin ONDO-USDT+0.0340%4h0.4373−0.381%$3.1M$3.1M75xas long as short
Deribit ONDO_USDC-PERPETUAL+0.0437%1h0.4370−0.449%$18K$362K25xas long as short
GMX ONDO/USD [ETH-USDC]shortL +0.0556% / S −0.0193%1h0.4368−0.501%$486K100x
Reya ONDORUSDPERP+0.1154%1h0.4370−0.458%$2K20xas long as short