ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0154%/8h= −16.9% APRnext payment −$0.77 per $10,000 · paid last 24h −0.072%

Price spread now: Aster against BloFin−0.139%102s7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as 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−$390.388% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.406%−$41 on $10k

Price spread, last 4 days (all we have)+0.261%+$26 · spread now −0.139%, 7d avg +0.013%

Together, before fees−0.146%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aster is 0.151% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.013%). Swap the legs. The two prices were read 102 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	BloFin ONDO-USDT	0.4435	0.0340	pay 0.0170% / 4h	1h 15m	$3.1M	$3.1M	75x
Short	Aster ONDOUSDT	0.4429	0.0186	get 0.0093% / 4h	1h 15m	$712K	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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 BloFinbpFee AsterbpOrdersPrice spread, now −0.139%Rate

Funding earned: −$32.39
Price spread: −0.139% → +0.013%: −$15.12
Slippage, 4 orders: −$18.79
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$86.3
Costs to cover: 0.388%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Aster: live order book, 3 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 BloFin live order book, 3 min ago	1.13 bp	10.5 bp −$11	12.5 bp −$125	28.8 bp −$2,879	doesn't fit
Sell Aster live order book, 3 min ago	1.13 bp	10.1 bp −$10	34.6 bp −$346	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
dYdX ONDO-USD	+0.0001%	1h	0.4426	−0.198%	$250K	$129K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4430	−0.101%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+2.999%	$888	$216K	5.5x	as long as short
Kraken Futures PF_ONDOUSD	+0.0061%	1h	0.4426	−0.192%	$2.6M	$8.2M	50x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4429	−0.135%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4427	−0.180%	$374K	$837K	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4427	−0.180%	$64.2M	$225.4M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4425	−0.225%	$70.1M	$122.8M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4427	−0.180%	$17.1M	$72.0M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4426	−0.210%	$73K	$88K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx ONDO/USDC	+0.0100%	1h	0.4425	−0.215%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4424	−0.248%	$11.7M	$16.2M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4425	−0.225%	$47.1M	$41.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4426	−0.203%	$13.0M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4427	−0.180%	$25.3M	$39.5M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4426	−0.203%	—	$21.8M	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4430	−0.121%	$718K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4435	0.000%	$5K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4435	+0.010%	$414K	$1.0M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4436	+0.023%	$136K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4428	−0.160%	$68K	$1.3M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4432	−0.068%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4431	−0.090%	$461	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4441	+0.135%	$131K	$473K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4428	−0.158%	$4.2M	$7.6M	50x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4425	−0.218%	$400K	$792K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4431	−0.083%	$38K	$13K	3x	as long as short
Paradex ONDO-USD-PERP	+0.0104%	8h	0.4425	−0.222%	$6K	—	10x	as long as short
Hyperliquid ONDO	+0.0150%	1h	0.4428	−0.151%	$38.4M	$24.2M	10x	as long as short
Aster ONDOUSDTshort	+0.0186%	4h	0.4429	−0.139%	$712K	$2.3M	20x
Backpack ONDO_USDC_PERP	+0.0205%	1h	0.4426	−0.210%	$192K	$979K	15x	as long as short
Phoenix ONDO	+0.0272%	1h	0.4440	+0.115%	$35K	$225K	10x	as long as short
BloFin ONDO-USDTlong	+0.0340%	4h	0.4435	long leg	$3.1M	$3.1M	75x
01 Exchange ONDOUSD	+0.0352%	1h	0.4428	−0.149%	$364	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0360%	1h	0.4433	−0.045%	$281K	$728K	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0427%	1h	0.4432	−0.068%	$23K	$349K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0553% / S −0.0190%	1h	0.4430	−0.108%	$489K	—	100x	as long as short
Lighter ONDO	+0.0848%	1h	0.4433	−0.043%	$1.4M	$2.1M	10x	as long as short
Reya ONDORUSDPERP	+0.1150%	1h	0.4427	−0.176%	$2K	—	20x	as long as short