ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against Bitget−0.250%115s7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs+$8as 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−$390.394% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.470%+$47 on $10k

Price spread, last 4 days (all we have)+0.284%+$28 · spread now −0.250%, 7d avg +0.026%

Together, before fees+0.754%+$75 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.276% cheaper against Bitget than usual: you would sell low and buy high (spread −0.250% now, against its 7-day average of +0.026%). If the spread goes back, that is −$28 on $10k: about 3.8 days of funding at the current rate (+$7 a day). The two prices were read 115 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	Bitget ONDOUSDT	0.4395	0.0100	pay 0.0050% / 4h	3h 31m	$25.2M	$40.0M	50x
Short	BloFin ONDO-USDT	0.4384	0.0340	get 0.0170% / 4h	3h 31m	$3.1M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now −0.250%Rate

Funding earned: $50.4
Price spread: −0.250% → +0.026%: −$27.62
Slippage, 4 orders: −$15.4
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$16.62
Costs to cover: 0.394%
Break-even: 9.3 days

Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 2 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 Bitget live order book, 3 min ago	1.14 bp	8.5 bp −$9	12.3 bp −$123	67.0 bp −$6,705	doesn't fit
Sell BloFin live order book, 2 min ago	1.14 bp	11.7 bp −$12	18.1 bp −$181	38.1 bp −$3,811	110.8 bp −$55.4K

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	−0.0159%	1h	0.4391	−0.101%	$2.6M	$7.7M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4379	−0.375%	$248K	$129K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4391	−0.097%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+3.936%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4386	−0.198%	$1.1M	$2.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4393	−0.046%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4394	−0.023%	$363K	$845K	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4395	−0.010%	$63.5M	$230.8M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4393	−0.046%	$68.3M	$125.9M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4393	−0.046%	$17.2M	$73.0M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4388	−0.159%	$72K	$84K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4388	−0.154%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4391	−0.091%	$11.8M	$16.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4392	−0.068%	$43.7M	$41.8M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4389	−0.137%	$12.7M	$10.5M	50x	as long as short
Bitget ONDOUSDTlong	+0.0100%	4h	0.4395	long leg	$25.2M	$40.0M	50x
BingX ONDO-USDT	+0.0100%	4h	0.4393	−0.046%	—	$21.9M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4380	−0.337%	$184K	$981K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4375	−0.461%	$714K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4379	−0.358%	$4K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4382	−0.291%	$405K	$1.2M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4378	−0.387%	$135K	$353K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4393	−0.048%	$66K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4393	−0.046%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4393	−0.046%	$457	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4401	+0.137%	$130K	$432K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4393	−0.046%	$4.2M	$8.0M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0102%	8h	0.4378	−0.377%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4393	−0.052%	$395K	$796K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4395	+0.011%	$38K	$13K	3x	as long as short
01 Exchange ONDOUSD	+0.0176%	1h	0.4390	−0.109%	$361	$2K	10x	as long as short
Aster ONDOUSDT	+0.0194%	4h	0.4394	−0.024%	$797K	$2.6M	20x	as long as short
Hyperliquid ONDO	+0.0254%	1h	0.4396	+0.014%	$37.8M	$24.5M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0272%	1h	0.4390	−0.114%	$260K	$738K	50x	as long as short
Phoenix ONDO	+0.0327%	1h	0.4385	−0.239%	$35K	$218K	10x	as long as short
BloFin ONDO-USDTshort	+0.0340%	4h	0.4384	−0.250%	$3.1M	$3.1M	75x
GMX ONDO/USD [ETH-USDC]	L +0.0557% / S −0.0193%	1h	0.4391	−0.095%	$488K	—	100x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0661%	1h	0.4396	+0.023%	$18K	$367K	25x	as long as short
Reya ONDORUSDPERP	+0.1154%	1h	0.4392	−0.059%	$2K	—	20x	as long as short