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

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.035%
Price spread now: Coinbase International against 01 Exchange+0.650%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 +$3 a day on $10k at the current rate, and Coinbase International is 0.650% dearer against 01 Exchange than usual: you sell high and buy low: +$65 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ONDOUSD0.43250.0176pay 0.0022% / 1h53m 54s$356$2K10x
ShortCoinbase International ONDO-PERP-INTX0.43530.0280get 0.0035% / 1h53m 54s$214K$619K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against 01 Exchange. 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
$21.84
Price spread: +0.650% → 0.000%
$64.97
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$69.81
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Coinbase International: live order book, 57 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 01 Exchange no order-book sample
Sell Coinbase International live order book, 57 min ago17.36 bp24.6 bp −$2560.0 bp −$600doesn't fitdoesn't fit
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 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−0.0325%1h0.4322−0.074%$2.5M$7.1M50xas long as short
Deribit ONDO_USDC-PERPETUAL0.0000%1h0.4323−0.044%$21K$365K25xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0011%1h0.4322−0.057%$7K150xas long as short
Injective ONDO/USDC PERP+0.0033%1h0.4568+5.621%$888$215K5.5xas long as short
Lighter ONDO+0.0096%1h0.4329+0.086%$1.1M$2.3M10xas long as short
Orderly PERP_ONDO_USDC+0.0099%4h0.4322−0.067%$23K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4324−0.009%$337K$820K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4325+0.007%$770K$2.9M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4324−0.021%$63.1M$222.1M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4321−0.090%$67.7M$116.6M50xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ONDO-USDT-SWAP+0.0100%4h0.4322−0.067%$17.3M$67.2M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4319−0.139%$69K$76K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4324−0.028%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4322−0.067%$13.8M$13.1M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4324−0.021%$46.3M$39.9M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4324−0.021%$13.1M$9.5M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4326+0.025%$25.2M$33.3M50xas long as short
BingX ONDO-USDC+0.0100%4h0.4324−0.021%$785Kas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4324−0.025%$179K$988K15xas long as short
Variational Omni ONDO+0.0100%4h0.4321−0.081%$799K$1.8Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4331+0.150%$5K$315K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4333+0.181%$401K$1.9M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4336+0.257%$134K$318K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4324−0.021%$60K$1.2M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4322−0.067%$1.3M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4323−0.044%$2K$14K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4330+0.118%$105K$478K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4324−0.021%$4.2M$8.6M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4323−0.035%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4325−0.008%$355K$779K25xas long as short
Aevo ONDO-PERP+0.0104%1h0.4324−0.021%$38K$13K3xas long as short
01 Exchange ONDOUSDlong+0.0176%1h0.4325long leg$356$2K10x
GMX ONDO/USD [ETH-USDC]L +0.0184% / S +0.0250%1h0.4322−0.069%$364K100xas long as short
Phoenix ONDO+0.0219%1h0.4332+0.160%$35K$208K10xas long as short
Hyperliquid ONDO+0.0245%1h0.4329+0.088%$36.5M$26.6M10xas long as short
Coinbase International ONDO-PERP-INTXshort+0.0280%1h0.4353+0.650%$214K$619K50x
BloFin ONDO-USDT+0.0340%4h0.4324−0.021%$3.2M$2.9M75xas long as short
Reya ONDORUSDPERP+0.1166%1h0.4321−0.081%$2K20xas long as short
dYdX ONDO-USD+0.3960%1h0.4322−0.058%$247K$159K5xas long as short