ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h −1.382%

Price spread now: Nado against dYdX+0.018%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$273as in the Price arb table

costs, in and out, $10k−$2732.732% of the position

Long on dYdX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−2.690%−$269 on $10k

Price spread, last 4 days (all we have)+0.139%+$14 · spread now +0.018%, 7d avg +0.014%

Together, before fees−2.551%+ Points / potential airdropNado: Active · farm board−$255 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −2.690%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ONDO-USD	0.4336	0.0011	pay 0.0001% / 1h	15m 25s	$243K	$137K	5x
Short	Nado ONDO-PERP	0.4337	0.0100	get 0.0012% / 1h	15m 25s	$349K	$883K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against dYdX. 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 dYdXbpFee NadobpOrdersPrice spread, now +0.018%Rate

Funding earned: $18.67
Price spread: +0.018% → +0.014%: $0.4
Slippage, 4 orders: −$256.2
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$254.12
Costs to cover: 2.732%
Break-even: 102.3 days

Slippage from dYdX: live order book, 34 min ago; Nado: live order book, 33 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 dYdX live order book, 34 min ago	24.14 bp	35.8 bp −$36	117.2 bp −$1,172	167.4 bp −$16.7K	746.2 bp −$373.1K
Sell Nado live order book, 33 min ago	0.46 bp	5.4 bp −$5	21.2 bp −$212	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	−0.0241%	1h	0.4334	−0.061%	$2.5M	$7.8M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4335	−0.030%	$7K	—	150x	as long as short
dYdX ONDO-USDlong	+0.0011%	1h	0.4336	long leg	$243K	$137K	5x
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.345%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4342	+0.131%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERPshort	+0.0100%	1h	0.4337	+0.018%	$349K	$883K	10x
Hyperliquid ONDO	+0.0100%	1h	0.4339	+0.073%	$36.2M	$26.4M	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4340	+0.087%	$774K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4338	+0.041%	$62.8M	$237.3M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4335	−0.028%	$67.6M	$126.3M	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	0.4337	+0.018%	$17.3M	$73.7M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4332	−0.097%	$71K	$82K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4336	−0.012%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4336	−0.005%	$12.2M	$16.5M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4338	+0.041%	$43.3M	$42.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4336	−0.005%	$12.0M	$10.6M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4337	+0.018%	$24.9M	$39.9M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4336	−0.005%	—	$763K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4338	+0.032%	$176K	$988K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4334	−0.056%	$639K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4343	+0.146%	$4K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4341	+0.112%	$411K	$1.3M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4343	+0.156%	$133K	$356K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4338	+0.032%	$65K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4336	−0.005%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4338	+0.041%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4337	+0.018%	$451	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4343	+0.156%	$129K	$429K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4336	−0.005%	$4.2M	$8.3M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4337	+0.029%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4336	−0.009%	$391K	$795K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4336	+0.006%	$38K	$13K	3x	as long as short
01 Exchange ONDOUSD	+0.0128%	1h	0.4337	+0.018%	$357	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0272%	1h	0.4339	+0.064%	$217K	$760K	50x	as long as short
Phoenix ONDO	+0.0332%	1h	0.4346	+0.228%	$35K	$223K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4340	+0.087%	$2.5M	$3.1M	75x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0442%	1h	0.4336	−0.005%	$18K	$362K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0571% / S −0.0202%	1h	0.4334	−0.047%	$494K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1156%	1h	0.4337	+0.007%	$2K	—	20x	as long as short