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: Binance against BloFin−0.022%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.466%−$47 on $10k

Price spread, last 3 days (all we have)−0.003%$0 · spread now −0.022%, 7d avg −0.018%

Together, before fees−0.468%−$47 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ONDO-USDT	0.4592	0.0340	pay 0.0170% / 4h	53m 08s	$3.3M	$3.2M	75x
Short	Binance ONDOUSDT	0.4591	0.0100	get 0.0050% / 4h	53m 08s	$68.5M	$227.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.022%Rate

Funding earned: −$50.4
Price spread: −0.022% → −0.018%: −$0.35
Slippage, 4 orders: −$15.71
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$88.46
Costs to cover: 0.377%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; Binance: live order book, 5 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, 5 min ago	3.27 bp	9.3 bp −$9	11.0 bp −$110	29.3 bp −$2,926	99.3 bp −$49.6K
Sell Binance live order book, 5 min ago	1.09 bp	6.8 bp −$7	13.4 bp −$134	45.5 bp −$4,554	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	−0.0794%	1h	0.4591	−0.022%	$2.9M	$8.0M	50x	as long as short
Injective ONDO/USDC PERP	−0.0545%	1h	0.4568	−0.523%	$888	$216K	5.5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4590	−0.038%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4590	−0.044%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4595	+0.065%	$433K	$706K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4595	+0.059%	$726K	$2.1M	20x	as long as short
Binance ONDOUSDTshort	+0.0100%	4h	0.4591	−0.022%	$68.5M	$227.1M	75x
Bybit ONDOUSDT	+0.0100%	4h	0.4589	−0.065%	$74.5M	$122.7M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4590	−0.044%	$17.9M	$81.7M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4591	−0.017%	$75K	$89K	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	0.4594	+0.035%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4588	−0.087%	$12.1M	$18.0M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4592	0.000%	$49.5M	$43.1M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4591	−0.022%	$13.9M	$11.0M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4592	0.000%	$26.0M	$41.5M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4591	−0.022%	—	$22.2M	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4601	+0.193%	$790K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4603	+0.246%	$5K	$318K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4595	+0.068%	$424K	$947K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4590	−0.044%	$174K	$312K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4597	+0.120%	$70K	$1.2M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4596	+0.087%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4591	−0.022%	$477	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4608	+0.348%	$134K	$505K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4591	−0.022%	$4.8M	$6.6M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4592	+0.010%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4591	−0.030%	$411K	$846K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4595	+0.058%	$45K	$8K	3x	as long as short
Phoenix ONDO	+0.0244%	1h	0.4593	+0.015%	$38K	$257K	10x	as long as short
Backpack ONDO_USDC_PERP	+0.0253%	1h	0.4593	+0.033%	$232K	$1.0M	15x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0304%	1h	0.4599	+0.152%	$302K	$861K	50x	as long as short
BloFin ONDO-USDTlong	+0.0340%	4h	0.4592	long leg	$3.3M	$3.2M	75x
Hyperliquid ONDO	+0.0366%	1h	0.4596	+0.087%	$40.7M	$26.8M	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0404%	1h	0.4592	0.000%	$36K	$436K	25x	as long as short
01 Exchange ONDOUSD	+0.0512%	1h	0.4598	+0.135%	$378	$2K	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0588% / S −0.0188%	1h	0.4590	−0.041%	$548K	—	100x	as long as short
Lighter ONDO	+0.1000%	1h	0.4601	+0.198%	$1.5M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1142%	1h	0.4594	+0.051%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.6487%	1h	0.4590	−0.035%	$260K	$129K	5x	as long as short