ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: Variational Omni against BloFin−0.006%7-day average −0.042% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.260%−$26 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.006%, 7d avg −0.042%

Together, before fees−0.294%+ Points / potential airdropVariational Omni: Active · farm board−$29 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.036% dearer against BloFin than usual: you sell high and buy low (spread −0.006% now, against its 7-day average of −0.042%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ONDO-USDT	0.4365	0.0340	pay 0.0170% / 4h	50m 48s	$3.1M	$2.9M	75x
Short	Variational Omni ONDO	0.4365	0.0100	get 0.0050% / 4h	50m 48s	$707K	$1.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.006%Rate

Funding earned: −$50.4
Price spread: −0.006% → −0.042%: $3.6
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$58.8
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 2 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

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	1.14 bp	13.9 bp −$14	18.8 bp −$188	31.8 bp −$3,185	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	4.56 bp	doesn't fit	15.9 bp −$159	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
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4365	−0.009%	$7K	—	150x	as long as short
dYdX ONDO-USD	+0.0015%	1h	0.4365	+0.006%	$247K	$129K	5x	as long as short
Kraken Futures PF_ONDOUSD	+0.0033%	1h	0.4365	−0.009%	$2.6M	$8.0M	50x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+4.651%	$888	$216K	5.5x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4365	0.000%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4367	+0.052%	$370K	$842K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4377	+0.286%	$37.6M	$24.4M	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4366	+0.025%	$63.0M	$228.1M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4364	−0.023%	$69.1M	$123.8M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4366	+0.023%	$16.9M	$71.3M	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	0.4386	+0.490%	$72K	$84K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4366	+0.018%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4371	+0.137%	$11.5M	$16.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4373	+0.183%	$47.2M	$41.0M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4370	+0.115%	$12.8M	$10.7M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4375	+0.229%	$25.0M	$39.5M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4373	+0.183%	—	$21.8M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4369	+0.087%	$188K	$981K	15x	as long as short
Variational Omni ONDOshort	+0.0100%	4h	0.4365	−0.006%	$707K	$1.8M	—
edgeX ONDOUSDC	+0.0100%	4h	0.4390	+0.566%	$4K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4389	+0.551%	$405K	$1.0M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4387	+0.504%	$135K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4367	+0.041%	$67K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4367	+0.046%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4367	+0.046%	$454	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4375	+0.229%	$127K	$477K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4367	+0.046%	$4.2M	$7.7M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0103%	8h	0.4368	+0.065%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4375	+0.225%	$397K	$793K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4368	+0.069%	$38K	$13K	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0208%	1h	0.4367	+0.046%	$23K	$346K	25x	as long as short
Aster ONDOUSDT	+0.0208%	4h	0.4372	+0.159%	$733K	$2.4M	20x	as long as short
01 Exchange ONDOUSD	+0.0264%	1h	0.4366	+0.016%	$359	$2K	10x	as long as short
Lighter ONDO	+0.0328%	1h	0.4369	+0.089%	$1.1M	$2.4M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4394	+0.664%	$276K	$719K	50x	as long as short
BloFin ONDO-USDTlong	+0.0340%	4h	0.4365	long leg	$3.1M	$2.9M	75x
Phoenix ONDO	+0.0365%	1h	0.4378	+0.305%	$35K	$223K	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0615% / S −0.0224%	1h	0.4365	−0.003%	$526K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1151%	1h	0.4367	+0.040%	$2K	—	20x	as long as short