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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Variational Omni+0.255%7-day average +0.073% · 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)+0.026%+$3 on $10k
Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.255%, 7d avg +0.073%
Together, before fees−0.058%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.182% dearer against Variational Omni than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ONDO0.42700.0100pay 0.0050% / 4h1h 28m$666K$1.9M
ShortPolymarket Perps ONDO-USD0.42810.0100get 0.0013% / 1h28m 46s$55K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$0
Price spread: +0.255% → +0.073%
$18.24
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$10.24
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Polymarket Perps: live order book, 3 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 Variational Omni RFQ quote, 3 min ago4.68 bpdoesn't fit14.1 bp −$141doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 3 min ago2.11 bp6.1 bp −$66.8 bp −$68doesn't fitdoesn't fit

ONDO on 39 exchanges

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−0.0328%1h0.4281+0.256%$2.5M$7.0M50xas long as short
01 Exchange ONDOUSD−0.0016%1h0.4281+0.258%$352$2K10xas long as short
Deribit ONDO_USDC-PERPETUAL0.0000%1h0.4283+0.293%$21K$365K25xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0011%1h0.4276+0.121%$7K150xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568+6.966%$888$215K5.5xas long as short
Bybit ONDOUSDT+0.0040%4h0.4281+0.246%$66.2M$116.3M50xas long as short
Lighter ONDO+0.0096%1h0.4288+0.417%$1.1M$2.3M10xas long as short
Orderly PERP_ONDO_USDC+0.0099%4h0.4279+0.199%$23K$7K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4280+0.223%$330K$830K10xas long as short
Hyperliquid ONDO+0.0100%1h0.4287+0.382%$35.7M$27.0M10xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ONDOUSDT+0.0100%4h0.4286+0.363%$760K$2.9M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4285+0.340%$61.8M$222.1M75xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4284+0.316%$16.8M$67.4M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4269−0.033%$68K$73K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4284+0.310%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4283+0.293%$13.8M$13.4M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4285+0.340%$43.4M$41.0M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4285+0.340%$13.0M$9.5M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4284+0.316%$24.8M$33.0M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4283+0.293%$23.7Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4281+0.246%$183K$985K15xas long as short
Variational Omni ONDOlong+0.0100%4h0.4270long leg$666K$1.9M
edgeX ONDOUSDC+0.0100%4h0.4272+0.038%$5K$318K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4273+0.065%$401K$2.0M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4270−0.012%$85K$353K50xas long as short
Polymarket Perps ONDO-USDshort+0.0100%1h0.4281+0.255%$55K$1.2M10x
SunX ONDO-USDT+0.0100%4h0.4280+0.223%$1.3M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4282+0.269%$445$16K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4289+0.433%$105K$463K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4281+0.246%$4.1M$8.4M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4285+0.336%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4282+0.266%$346K$769K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4281+0.253%$37K$13K3xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0173% / S +0.0229%1h0.4281+0.236%$348K100xas long as short
Phoenix ONDO+0.0221%1h0.4281+0.239%$34K$208K10xas long as short
Coinbase International ONDO-PERP-INTX+0.0280%1h0.4277+0.152%$211K$605K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4279+0.199%$3.2M$2.9M75xas long as short
Reya ONDORUSDPERP+0.1167%1h0.4275+0.097%$2K20xas long as short
dYdX ONDO-USD+0.3798%1h0.4278+0.176%$245K$159K5xas long as short