ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Binance−0.079%7-day average −0.019% · you buy dearer than you sell

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

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.020%−$2 on $10k

Price spread, last 3 days (all we have)+0.381%+$38 · spread now −0.079%, 7d avg −0.019%

Together, before fees+0.360%+ Points / potential airdropVariational Omni: Active · farm board+$36 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: Variational Omni is 0.060% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ONDOUSDT	0.4531	0.0100	pay 0.0050% / 4h	2h 55m	$66.7M	$220.0M	75x
Short	Variational Omni ONDO	0.4527	0.0099	get 0.0050% / 4h	2h 55m	$801K	$2.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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 BinancebpFee Variational OmnibpOrdersPrice spread, now −0.079%Rate

Funding earned: −$0.13
Price spread: −0.079% → −0.019%: −$6.03
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$16.16
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. 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 Binance live order book, 3 min ago	1.10 bp	7.6 bp −$8	15.0 bp −$150	53.1 bp −$5,310	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	4.41 bp	doesn't fit	11.0 bp −$110	doesn't fit	doesn't fit

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	−0.1124%	1h	0.4524	−0.148%	$3.1M	$7.7M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4522	−0.200%	$20K	$342K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4532	+0.018%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4416	−2.539%	$994	$82K	5.5x	as long as short
Bybit ONDOUSDT	+0.0096%	4h	0.4532	+0.021%	$73.8M	$116.4M	50x	as long as short
Orderly PERP_ONDO_USDC	+0.0099%	4h	0.4534	+0.065%	$25K	$8K	10x	as long as short
Variational Omni ONDOshort	+0.0099%	4h	0.4527	−0.079%	$801K	$2.0M	—
Nado ONDO-PERP	+0.0100%	1h	0.4527	−0.084%	$432K	$667K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4533	+0.047%	$40.9M	$27.7M	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4528	−0.074%	$756K	$2.0M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ONDOUSDTlong	+0.0100%	4h	0.4531	long leg	$66.7M	$220.0M	75x
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4534	+0.065%	$17.8M	$80.0M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4556	+0.557%	$73K	$86K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4527	−0.097%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4528	−0.068%	$11.8M	$18.6M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4529	−0.046%	$48.2M	$45.0M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4528	−0.068%	$14.0M	$10.4M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4529	−0.046%	$25.5M	$41.0M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4531	−0.001%	—	$746K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4523	−0.171%	$226K	$939K	15x	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4528	−0.068%	$5K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4526	−0.104%	$420K	$937K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4526	−0.112%	$159K	$330K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4530	−0.017%	$76K	$1.0M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4521	−0.222%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4522	−0.200%	$470	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4526	−0.112%	$125K	$509K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4521	−0.222%	$4.9M	$6.1M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4524	−0.166%	$6K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4525	−0.135%	$405K	$990K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4535	+0.095%	$36K	—	3x	as long as short
Phoenix ONDO	+0.0144%	1h	0.4525	−0.129%	$30K	$222K	10x	as long as short
01 Exchange ONDOUSD	+0.0288%	1h	0.4530	−0.017%	$373	$2K	10x	as long as short
Lighter ONDO	+0.0320%	1h	0.4531	−0.001%	$1.4M	$2.2M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4520	−0.244%	$309K	$834K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4522	−0.200%	$3.2M	$3.1M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0617% / S −0.0203%	1h	0.4531	0.000%	$563K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1138%	1h	0.4530	−0.034%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.9187%	1h	0.4526	−0.108%	$256K	$117K	5x	as long as short