ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0092%/8h= −10.0% APRnext payment −$0.11 per $10,000 · paid last 24h −0.028%

Price spread now: gTrade (Gains Network) against ApeX Omni−0.085%53s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.085% cheaper against ApeX Omni than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ONDOUSDT	0.4579	0.0100	pay 0.0013% / 1h	37m 28s	$173K	$338K	50x
Short	gTrade (Gains Network) ONDO/USD	0.4575	L +0.0003% / S −0.0008%	get 0.0001% / 1h	37m 28s	$6K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against ApeX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.085%Rate

Funding earned: −$19.23
Price spread: −0.085% → 0.000%: −$8.45
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$47.68
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 35 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 35 min ago	2.19 bp	7.9 bp −$8	23.7 bp −$237	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ONDOUSD	−0.0872%	1h	0.4579	+0.010%	$2.8M	$8.0M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4590	+0.246%	$260K	$131K	5x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4579	0.000%	$33K	$363K	25x	as long as short
gTrade (Gains Network) ONDO/USDshort	L +0.0003% / S −0.0008%	1h	0.4575	−0.085%	$6K	—	150x
Gate ONDO_USDT	+0.0020%	4h	0.4597	+0.393%	$12.1M	$16.6M	50x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	−0.240%	$888	$216K	5.5x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4578	−0.022%	$25K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4606	+0.579%	$438K	$709K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4595	+0.340%	$725K	$2.2M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4606	+0.586%	$68.9M	$225.0M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ONDOUSDT	+0.0100%	4h	0.4605	+0.568%	$74.7M	$120.3M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4605	+0.568%	$17.6M	$79.7M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4595	+0.343%	$76K	$89K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4602	+0.503%	—	—	5x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4605	+0.568%	$49.9M	$41.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4606	+0.590%	$14.2M	$11.0M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4606	+0.590%	$26.0M	$39.8M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4600	+0.459%	—	$742K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4582	+0.061%	$229K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4583	+0.083%	$819K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4577	−0.047%	$5K	$319K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4573	−0.123%	$423K	$959K	10x	as long as short
ApeX Omni ONDOUSDTlong	+0.0100%	1h	0.4579	long leg	$173K	$338K	50x
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4608	+0.642%	$72K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4575	−0.087%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4579	0.000%	$476	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4577	−0.044%	$134K	$497K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4578	−0.022%	$4.6M	$7.0M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4597	+0.403%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4597	+0.394%	$411K	$836K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4581	+0.033%	$40K	$13K	3x	as long as short
Hyperliquid ONDO	+0.0170%	1h	0.4610	+0.681%	$40.9M	$25.3M	10x	as long as short
01 Exchange ONDOUSD	+0.0240%	1h	0.4604	+0.555%	$379	$2K	10x	as long as short
Phoenix ONDO	+0.0244%	1h	0.4578	−0.020%	$38K	$248K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4578	−0.022%	$297K	$821K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4573	−0.131%	$3.2M	$3.1M	75x	as long as short
Lighter ONDO	+0.0536%	1h	0.4604	+0.542%	$1.5M	$2.2M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0589% / S −0.0188%	1h	0.4574	−0.107%	$546K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1145%	1h	0.4605	+0.574%	$2K	—	20x	as long as short