ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0285%/8h= +31.2% APRnext payment +$0.36 per $10,000 · paid last 24h +0.057%

Price spread now: 01 Exchange against Backpack+0.296%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on 01 Exchange

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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and 01 Exchange is 0.296% dearer against Backpack than usual: you sell high and buy low: +$30 more if the spread 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	Backpack ONDO_USDC_PERP	0.4597	0.0131	pay 0.0016% / 1h	17m 21s	$235K	$1.0M	15x
Short	01 Exchange ONDOUSD	0.4611	0.0416	get 0.0052% / 1h	17m 21s	$379	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Backpack. 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 BackpackbpFee 01 ExchangebpOrdersPrice spread, now +0.296%Rate

Funding earned: $59.84
Price spread: +0.296% → 0.000%: $29.58
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $72.42
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Backpack: live order book, 2 min ago; 01 Exchange: 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 Backpack live order book, 2 min ago	0.11 bp	10.3 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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 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	−0.0350%	1h	0.4598	+0.014%	$2.8M	$7.8M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4601	+0.086%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4601	+0.085%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4606	+0.183%	$435K	$703K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4605	+0.169%	$739K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4603	+0.128%	$68.0M	$226.5M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4602	+0.107%	$75.8M	$121.4M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4603	+0.128%	$18.0M	$82.1M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4619	+0.485%	$75K	$88K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4605	+0.161%	—	—	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ONDO_USDT	+0.0100%	4h	0.4600	+0.063%	$12.0M	$18.5M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4603	+0.128%	$49.7M	$44.8M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4602	+0.107%	$13.9M	$11.0M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4596	−0.024%	$26.1M	$41.9M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4602	+0.107%	—	$742K	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4604	+0.148%	$787K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4605	+0.174%	$5K	$319K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4612	+0.325%	$425K	$947K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4607	+0.215%	$165K	$330K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4605	+0.163%	$72K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4599	+0.041%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4601	+0.085%	$478	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4612	+0.324%	$134K	$511K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4595	−0.046%	$4.8M	$6.5M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4602	+0.106%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4597	+0.006%	$411K	$857K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4598	+0.023%	$45K	$8K	3x	as long as short
Backpack ONDO_USDC_PERPlong	+0.0131%	1h	0.4597	long leg	$235K	$1.0M	15x
Phoenix ONDO	+0.0142%	1h	0.4601	+0.078%	$37K	$219K	10x	as long as short
Injective ONDO/USDC PERP	+0.0151%	1h	0.4568	−0.633%	$888	$216K	5.5x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0185%	1h	0.4601	+0.085%	$42K	$422K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4603	+0.128%	$302K	$876K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4612	+0.324%	$3.2M	$3.2M	75x	as long as short
01 Exchange ONDOUSDshort	+0.0416%	1h	0.4611	+0.296%	$379	$2K	10x
Hyperliquid ONDO	+0.0432%	1h	0.4608	+0.246%	$41.4M	$26.5M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0590% / S −0.0187%	1h	0.4601	+0.077%	$549K	—	100x	as long as short
Lighter ONDO	+0.0696%	1h	0.4615	+0.383%	$1.5M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1141%	1h	0.4602	+0.109%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.4309%	1h	0.4600	+0.061%	$260K	$129K	5x	as long as short