ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0811%/8h= +88.8% APRnext payment +$1.01 per $10,000 · paid last 24h +0.153%

Price spread now: Reya against Coinbase International−0.066%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.066% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$24 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ONDO-PERP-INTX	0.4523	0.0328	pay 0.0041% / 1h	22m 49s	$304K	$839K	50x
Short	Reya ONDORUSDPERP	0.4520	0.1139	get 0.0142% / 1h	22m 49s	$2K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Coinbase International. 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 Coinbase InternationalbpFee ReyabpOrdersPrice spread, now −0.066%Rate

Funding earned: $170.27
Price spread: −0.066% → 0.000%: −$6.62
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $147.65
Costs to cover: 0.160%
Break-even: 0.9 days

Slippage unknown: Coinbase International: live order book, 65 min ago; Reya: no order-book sample. 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 Coinbase International live order book, 65 min ago	14.46 bp	26.0 bp −$26	64.2 bp −$642	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1126%	1h	0.4518	−0.108%	$2.9M	$7.8M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4521	−0.044%	$19K	$364K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4520	−0.056%	$6K	—	150x	as long as short
Phoenix ONDO	+0.0018%	1h	0.4529	+0.135%	$30K	$222K	10x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4522	−0.022%	$1K	$132K	5.5x	as long as short
Orderly PERP_ONDO_USDC	+0.0099%	4h	0.4520	−0.066%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4520	−0.077%	$425K	$678K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4524	+0.032%	$765K	$2.0M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4528	+0.103%	$66.8M	$220.5M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4525	+0.044%	$73.4M	$118.0M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4527	+0.088%	$17.7M	$80.1M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4534	+0.252%	$72K	$85K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4518	−0.115%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4523	0.000%	$11.8M	$18.7M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4527	+0.088%	$47.7M	$45.5M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4520	−0.066%	$13.5M	$10.7M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4527	+0.088%	$25.7M	$41.2M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4523	0.000%	—	$22.6M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4521	−0.033%	$193K	$971K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4536	+0.295%	$785K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4528	+0.112%	$5K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4529	+0.131%	$428K	$948K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4532	+0.199%	$160K	$331K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4521	−0.033%	$104K	$1.0M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4525	+0.044%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4520	−0.066%	$470	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4528	+0.111%	$128K	$515K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4521	−0.044%	$4.8M	$6.3M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4526	+0.057%	$6K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4521	−0.040%	$403K	$980K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4522	−0.022%	$36K	—	3x	as long as short
Hyperliquid ONDO	+0.0248%	1h	0.4532	+0.210%	$40.5M	$27.8M	10x	as long as short
Coinbase International ONDO-PERP-INTXlong	+0.0328%	1h	0.4523	long leg	$304K	$839K	50x
BloFin ONDO-USDT	+0.0340%	4h	0.4521	−0.044%	$3.2M	$3.0M	75x	as long as short
01 Exchange ONDOUSD	+0.0408%	1h	0.4521	−0.051%	$372	$2K	10x	as long as short
Lighter ONDO	+0.0536%	1h	0.4535	+0.259%	$1.4M	$2.2M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0616% / S −0.0203%	1h	0.4520	−0.070%	$562K	—	100x	as long as short
Reya ONDORUSDPERPshort	+0.1139%	1h	0.4520	−0.066%	$2K	—	20x
dYdX ONDO-USD	+0.9924%	1h	0.4525	+0.038%	$256K	$128K	5x	as long as short