ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.052%

Price spread now: gTrade (Gains Network) against Deribit+0.016%67s7-day average — · you sell dearer than you buy

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

Long on Deribit Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 67 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	Deribit ONDO_USDC-PERPETUAL	0.4275	0	get 0.0000% / 1h	30m 37s	$21K	$365K	25x
Short	gTrade (Gains Network) ONDO/USD	0.4276	L +0.0003% / S −0.0011%	get 0.0001% / 1h	30m 37s	$7K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Deribit. 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 DeribitbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.016%Rate

Funding earned: $2.24
Price spread: +0.016% → 0.000%: $1.57
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$13.19
Costs to cover: 0.170%
Break-even: 48.1 days

Slippage unknown: Deribit: live order book, 16 min ago; gTrade (Gains Network): 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 Deribit live order book, 16 min ago	5.80 bp	11.6 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 exchanges

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	−0.0329%	1h	0.4274	−0.021%	$2.5M	$7.0M	50x	as long as short
01 Exchange ONDOUSD	−0.0016%	1h	0.4276	+0.021%	$352	$2K	10x	as long as short
Deribit ONDO_USDC-PERPETUALlong	0.0000%	1h	0.4275	long leg	$21K	$365K	25x
gTrade (Gains Network) ONDO/USDshort	L +0.0003% / S −0.0011%	1h	0.4276	+0.016%	$7K	—	150x
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+6.854%	$888	$215K	5.5x	as long as short
Bybit ONDOUSDT	+0.0045%	4h	0.4274	−0.023%	$66.2M	$116.4M	50x	as long as short
Lighter ONDO	+0.0096%	1h	0.4282	+0.157%	$1.1M	$2.3M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0099%	4h	0.4272	−0.070%	$23K	$7K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4271	−0.099%	$329K	$833K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4280	+0.108%	$35.6M	$26.9M	10x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ONDOUSDT	+0.0100%	4h	0.4279	+0.094%	$759K	$2.9M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4276	+0.035%	$61.7M	$222.4M	75x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4275	0.000%	$16.8M	$67.2M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4269	−0.138%	$68K	$74K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4275	+0.011%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4275	0.000%	$13.8M	$13.4M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4276	+0.023%	$43.1M	$41.0M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4276	+0.023%	$12.9M	$9.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4276	+0.023%	$24.7M	$33.1M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4277	+0.047%	—	$783K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4274	−0.016%	$181K	$984K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4270	−0.105%	$666K	$1.9M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4268	−0.157%	$5K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4273	−0.048%	$398K	$2.0M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4281	+0.140%	$86K	$353K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4274	−0.016%	$55K	$1.2M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4274	−0.023%	—	$1.3M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4275	0.000%	$444	$16K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4277	+0.047%	$105K	$462K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4275	0.000%	$4.1M	$8.4M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4275	+0.005%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4274	−0.026%	$346K	$769K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4274	−0.030%	$37K	$13K	3x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0174% / S +0.0228%	1h	0.4274	−0.024%	$347K	—	100x	as long as short
Phoenix ONDO	+0.0221%	1h	0.4275	+0.012%	$34K	$208K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4277	+0.047%	$211K	$606K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4274	−0.023%	$3.2M	$2.9M	75x	as long as short
Reya ONDORUSDPERP	+0.1167%	1h	0.4273	−0.055%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.3844%	1h	0.4274	−0.019%	$245K	$159K	5x	as long as short