ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%

Price spread now: Orderly against Aster−0.068%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.068% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ONDOUSDT	0.4487	0.0100	pay 0.0050% / 4h	3h 07m	$752K	$2.0M	20x
Short	Orderly PERP_ONDO_USDC	0.4484	0.0099	get 0.0049% / 4h	3h 07m	$25K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aster. 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 AsterbpFee OrderlybpOrdersPrice spread, now −0.068%Rate

Funding earned: −$0.29
Price spread: −0.068% → 0.000%: −$6.79
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$21.09
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, just now; Orderly: 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 Aster live order book, just now	3.34 bp	10.6 bp −$11	40.7 bp −$407	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0945%	1h	0.4483	−0.089%	$2.9M	$7.4M	50x	as long as short
Bybit ONDOUSDT	−0.0112%	4h	0.4484	−0.068%	$71.7M	$115.1M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4486	−0.023%	$20K	$344K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4486	−0.017%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4416	−1.583%	$994	$82K	5.5x	as long as short
Variational Omni ONDO	+0.0092%	4h	0.4466	−0.477%	$791K	$2.0M	—	as long as short
Orderly PERP_ONDO_USDCshort	+0.0099%	4h	0.4484	−0.068%	$25K	$8K	10x
Nado ONDO-PERP	+0.0100%	1h	0.4479	−0.191%	$433K	$662K	10x	as long as short
Aster ONDOUSDTlong	+0.0100%	4h	0.4487	long leg	$752K	$2.0M	20x
Binance ONDOUSDT	+0.0100%	4h	0.4484	−0.062%	$66.0M	$220.4M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4485	−0.046%	$17.6M	$79.3M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4476	−0.244%	$72K	$84K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4476	−0.242%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4484	−0.068%	$11.7M	$18.8M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4490	+0.066%	$48.0M	$45.7M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4483	−0.090%	$13.9M	$10.3M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4491	+0.088%	$25.4M	$41.1M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4484	−0.068%	—	$23.1M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4489	+0.035%	$226K	$942K	15x	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4469	−0.395%	$5K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4471	−0.357%	$414K	$897K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4471	−0.358%	$157K	$329K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4484	−0.075%	$70K	$1.0M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4470	−0.380%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4484	−0.068%	$466	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4481	−0.135%	$123K	$508K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4485	−0.046%	$4.9M	$6.1M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4474	−0.288%	$6K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4489	+0.035%	$402K	$994K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4486	−0.034%	$35K	—	3x	as long as short
Phoenix ONDO	+0.0144%	1h	0.4476	−0.237%	$29K	$222K	10x	as long as short
01 Exchange ONDOUSD	+0.0256%	1h	0.4482	−0.106%	$369	$2K	10x	as long as short
Hyperliquid ONDO	+0.0310%	1h	0.4488	+0.023%	$40.4M	$27.6M	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4470	−0.380%	$3.2M	$3.1M	75x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0472%	1h	0.4489	+0.044%	$311K	$808K	50x	as long as short
Lighter ONDO	+0.0544%	1h	0.4492	+0.110%	$1.4M	$2.3M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0612% / S −0.0203%	1h	0.4486	−0.031%	$557K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1137%	1h	0.4484	−0.076%	$2K	—	20x	as long as short
dYdX ONDO-USD	+1.0034%	1h	0.4474	−0.293%	$253K	$117K	5x	as long as short