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: SunX against BloFin+0.046%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$202as in the Funding arb table

Net, price: spread back to 7d avg − costs−$154as in the Price arb table

costs, in and out, $10k−$1621.620% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.399%−$40 on $10k

Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.046%, 7d avg −0.034%

Together, before fees−0.521%−$52 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.080% dearer against BloFin than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of −0.034%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 27 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ONDO-USDT	0.4323	0.0340	pay 0.0170% / 4h	3h 00m	$3.1M	$3.1M	75x
Short	SunX ONDO-USDT	0.4325	0.0100	get 0.0050% / 4h	3h 00m	—	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$50.4
Price spread: +0.046% → −0.034%: $7.99
Slippage, 4 orders: −$141.99
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$204.4
Costs to cover: 1.620%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; SunX: live order book, 4 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, 2 min ago	3.47 bp	10.3 bp −$10	14.7 bp −$147	40.3 bp −$4,031	doesn't fit
Sell SunX live order book, 4 min ago	47.24 bp	68.9 bp −$69	doesn't fit	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	−0.0162%	1h	0.4324	+0.015%	$2.6M	$7.9M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4324	+0.021%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.667%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4329	+0.132%	$1.1M	$2.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4324	+0.023%	$23K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4324	+0.023%	$356K	$868K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4327	+0.095%	$36.3M	$25.7M	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4327	+0.087%	$62.3M	$233.8M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4324	+0.023%	$67.3M	$125.2M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4327	+0.093%	$17.0M	$72.4M	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	0.4344	+0.490%	$71K	$83K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4328	+0.111%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4325	+0.046%	$12.0M	$16.5M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4326	+0.069%	$42.6M	$42.5M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4325	+0.046%	$12.1M	$10.6M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4325	+0.046%	$24.8M	$39.8M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4325	+0.046%	—	$23.6M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4325	+0.058%	$175K	$981K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4322	−0.029%	$681K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4332	+0.207%	$4K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4332	+0.219%	$404K	$1.2M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4331	+0.185%	$134K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4324	+0.021%	$65K	$1.4M	10x	as long as short
SunX ONDO-USDTshort	+0.0100%	4h	0.4325	+0.046%	—	$1.4M	20x
SoDEX ONDO-USD	+0.0100%	1h	0.4326	+0.069%	$450	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4337	+0.324%	$128K	$428K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4326	+0.069%	$4.2M	$8.1M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4325	+0.047%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4325	+0.037%	$388K	$796K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4328	+0.104%	$38K	$13K	3x	as long as short
Aster ONDOUSDT	+0.0125%	4h	0.4326	+0.069%	$775K	$2.6M	20x	as long as short
01 Exchange ONDOUSD	+0.0160%	1h	0.4328	+0.118%	$356	$2K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0213%	1h	0.4326	+0.069%	$18K	$362K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0272%	1h	0.4333	+0.231%	$218K	$765K	50x	as long as short
Phoenix ONDO	+0.0327%	1h	0.4321	−0.039%	$34K	$218K	10x	as long as short
BloFin ONDO-USDTlong	+0.0340%	4h	0.4323	long leg	$3.1M	$3.1M	75x
GMX ONDO/USD [ETH-USDC]	L +0.0553% / S −0.0193%	1h	0.4323	+0.008%	$481K	—	100x	as long as short
dYdX ONDO-USD	+0.1152%	1h	0.4322	−0.017%	$247K	$133K	5x	as long as short
Reya ONDORUSDPERP	+0.1155%	1h	0.4324	+0.017%	$2K	—	20x	as long as short