ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against BingX−0.456%51s7-day average +0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1251.246% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.420%+$42 on $10k

Price spread, last 3 days (all we have)+0.506%+$51 · spread now −0.456%, 7d avg +0.047%

Together, before fees+0.926%+$93 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.503% cheaper against BingX than usual: you would sell low and buy high (spread −0.456% now, against its 7-day average of +0.047%). If the spread goes back, that is −$50 on $10k: about 7.0 days of funding at the current rate (+$7 a day). The two prices were read 51 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	BingX ONDO-USDC	0.4606	0.0100	pay 0.0050% / 4h	1h 22m	—	$743K	—
Short	BloFin ONDO-USDT	0.4585	0.0340	get 0.0170% / 4h	1h 22m	$3.3M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now −0.456%Rate

Funding earned: $50.4
Price spread: −0.456% → +0.047%: −$50.28
Slippage, 4 orders: −$102.6
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$124.48
Costs to cover: 1.246%
Break-even: 24.3 days

Slippage from BingX: live order book, 22 min ago; BloFin: live order book, 6 min ago.

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 BingX live order book, 22 min ago	2.20 bp	49.5 bp −$50	99.3 bp −$993	504.8 bp −$50.5K	874.0 bp −$437.0K
Sell BloFin live order book, 6 min ago	3.30 bp	10.2 bp −$10	14.9 bp −$149	33.3 bp −$3,328	99.5 bp −$49.8K

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	−0.0349%	1h	0.4603	−0.068%	$2.8M	$7.8M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4605	−0.018%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4605	−0.022%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4601	−0.098%	$434K	$701K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4604	−0.043%	$736K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4604	−0.043%	$68.2M	$226.4M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4604	−0.043%	$75.7M	$121.5M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4602	−0.087%	$18.0M	$82.2M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4588	−0.397%	$74K	$88K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4603	−0.062%	—	—	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	0.4604	−0.043%	$12.0M	$18.5M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4604	−0.043%	$49.5M	$44.7M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4606	0.000%	$13.9M	$10.9M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4607	+0.022%	$26.2M	$41.9M	50x	as long as short
BingX ONDO-USDClong	+0.0100%	4h	0.4606	long leg	—	$743K	—
Variational Omni ONDO	+0.0100%	4h	0.4570	−0.783%	$781K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4578	−0.614%	$5K	$318K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4578	−0.613%	$429K	$938K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4578	−0.608%	$164K	$330K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4606	−0.009%	$73K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4606	0.000%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4608	+0.043%	$479	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4618	+0.261%	$134K	$510K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4605	−0.022%	$4.8M	$6.5M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4604	−0.053%	$7K	$9	10x	as long as short
Backpack ONDO_USDC_PERP	+0.0102%	1h	0.4587	−0.408%	$239K	$1.0M	15x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4607	+0.024%	$411K	$857K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4608	+0.054%	$45K	$8K	3x	as long as short
Phoenix ONDO	+0.0142%	1h	0.4576	−0.649%	$29K	$219K	10x	as long as short
Injective ONDO/USDC PERP	+0.0151%	1h	0.4568	−0.825%	$888	$216K	5.5x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0184%	1h	0.4607	+0.022%	$43K	$421K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4592	−0.304%	$301K	$872K	50x	as long as short
BloFin ONDO-USDTshort	+0.0340%	4h	0.4585	−0.456%	$3.3M	$3.1M	75x
01 Exchange ONDOUSD	+0.0416%	1h	0.4610	+0.080%	$379	$2K	10x	as long as short
Hyperliquid ONDO	+0.0421%	1h	0.4610	+0.078%	$41.4M	$26.4M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0589% / S −0.0187%	1h	0.4605	−0.027%	$549K	—	100x	as long as short
Lighter ONDO	+0.0688%	1h	0.4613	+0.152%	$1.5M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1141%	1h	0.4605	−0.013%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.3691%	1h	0.4600	−0.132%	$260K	$129K	5x	as long as short