ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0089%/8h= −9.7% APRnext payment −$0.11 per $10,000 · paid last 24h −0.014%

Price spread now: SoDEX against Deribit0.000%7-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 SoDEX

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—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: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ONDO_USDC-PERPETUAL	0.4558	0.0189	pay 0.0024% / 1h	28m 41s	$26K	$396K	25x
Short	SoDEX ONDO-USD	0.4558	0.0100	get 0.0013% / 1h	28m 41s	$474	$14K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$18.69
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$33.69
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 55 min ago; SoDEX: 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, 55 min ago	5.53 bp	9.0 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0353%	1h	0.4557	−0.033%	$2.8M	$7.9M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4556	−0.040%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4555	−0.066%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4556	−0.044%	$430K	$699K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4557	−0.019%	$730K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4555	−0.066%	$67.3M	$225.6M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4554	−0.088%	$74.1M	$120.6M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4555	−0.066%	$17.7M	$81.3M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4538	−0.445%	$74K	$85K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4553	−0.111%	—	—	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ONDO_USDT	+0.0100%	4h	0.4552	−0.132%	$11.8M	$18.3M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4555	−0.066%	$47.9M	$44.4M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4554	−0.088%	$13.7M	$10.9M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4556	−0.044%	$25.8M	$41.8M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4554	−0.088%	—	$22.6M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4559	+0.013%	$230K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4539	−0.418%	$776K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4555	−0.058%	$5K	$319K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4540	−0.395%	$426K	$938K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4553	−0.110%	$161K	$334K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4558	−0.009%	$72K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4555	−0.066%	—	$1.4M	20x	as long as short
SoDEX ONDO-USDshort	+0.0100%	1h	0.4558	0.000%	$474	$14K	10x
HTX ONDO-USDT	+0.0100%	4h	0.4564	+0.132%	$133K	$511K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4555	−0.066%	$4.7M	$6.5M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0102%	8h	0.4551	−0.161%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4554	−0.089%	$407K	$861K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4560	+0.044%	$44K	$8K	3x	as long as short
Phoenix ONDO	+0.0142%	1h	0.4555	−0.077%	$29K	$219K	10x	as long as short
Injective ONDO/USDC PERP	+0.0151%	1h	0.4568	+0.219%	$888	$216K	5.5x	as long as short
Deribit ONDO_USDC-PERPETUALlong	+0.0189%	1h	0.4558	long leg	$26K	$396K	25x
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4564	+0.132%	$300K	$864K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4556	−0.044%	$3.3M	$3.1M	75x	as long as short
01 Exchange ONDOUSD	+0.0392%	1h	0.4558	+0.007%	$375	$2K	10x	as long as short
Hyperliquid ONDO	+0.0426%	1h	0.4558	+0.009%	$40.8M	$27.6M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0586% / S −0.0187%	1h	0.4555	−0.058%	$543K	—	100x	as long as short
Lighter ONDO	+0.0648%	1h	0.4564	+0.138%	$1.4M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1141%	1h	0.4557	−0.013%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.2869%	1h	0.4552	−0.123%	$258K	$129K	5x	as long as short