ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.023%

Price spread now: GMX against Extended−0.061%7-day average +0.040% · you buy dearer than you sell

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

Long on Extended Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.078%+$8 on $10k

Price spread, last 4 days (all we have)+0.125%+$13 · spread now −0.061%, 7d avg +0.040%

Together, before fees+0.203%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.102% cheaper against Extended than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.040%). If the spread goes back, that is −$10 on $10k: about 4.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ONDO-USD	0.4395	0.0104	pay 0.0013% / 1h	40m 13s	$398K	$789K	25x
Short	GMX ONDO/USD [ETH-USDC]	0.4392	L +0.0550% / S −0.0190%	get 0.0024% / 1h	40m 13s	$484K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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 ExtendedbpFee GMXbpOrdersPrice spread, now −0.061%Rate

Funding earned: $17.97
Price spread: −0.061% → +0.040%: −$10.17
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: −$9.2
Costs to cover: 0.170%
Break-even: 10.6 days

Slippage unknown: Extended: live order book, 23 min ago; GMX: 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 Extended live order book, 23 min ago	4.54 bp	7.0 bp −$7	16.2 bp −$162	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
dYdX ONDO-USD	0.0000%	1h	0.4392	−0.059%	$249K	$129K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4394	−0.028%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+3.936%	$888	$216K	5.5x	as long as short
Kraken Futures PF_ONDOUSD	+0.0061%	1h	0.4394	−0.019%	$2.6M	$8.1M	50x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4394	−0.023%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4396	+0.017%	$372K	$837K	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4397	+0.036%	$63.8M	$225.8M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4394	−0.023%	$69.3M	$122.6M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4396	+0.023%	$17.0M	$71.8M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4395	+0.005%	$72K	$86K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx ONDO/USDC	+0.0100%	1h	0.4398	+0.080%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4395	0.000%	$11.6M	$16.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4395	0.000%	$47.2M	$41.2M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4396	+0.023%	$12.9M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4396	+0.023%	$25.1M	$39.6M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4394	−0.023%	—	$759K	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4395	−0.008%	$711K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4405	+0.220%	$5K	$318K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4410	+0.330%	$407K	$983K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4405	+0.228%	$135K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4401	+0.127%	$70K	$1.3M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4399	+0.091%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4396	+0.023%	$457	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4405	+0.228%	$130K	$476K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4396	+0.023%	$4.2M	$7.6M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0103%	8h	0.4398	+0.059%	$6K	—	10x	as long as short
Extended ONDO-USDlong	+0.0104%	1h	0.4395	long leg	$398K	$789K	25x
Aevo ONDO-PERP	+0.0104%	1h	0.4397	+0.046%	$38K	$13K	3x	as long as short
Aster ONDOUSDT	+0.0123%	4h	0.4398	+0.068%	$711K	$2.3M	20x	as long as short
Hyperliquid ONDO	+0.0133%	1h	0.4399	+0.084%	$38.2M	$24.5M	10x	as long as short
Backpack ONDO_USDC_PERP	+0.0182%	1h	0.4396	+0.034%	$190K	$980K	15x	as long as short
Phoenix ONDO	+0.0272%	1h	0.4410	+0.344%	$35K	$225K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4396	+0.023%	$3.1M	$3.0M	75x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0360%	1h	0.4400	+0.114%	$282K	$702K	50x	as long as short
01 Exchange ONDOUSD	+0.0368%	1h	0.4405	+0.216%	$362	$2K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0433%	1h	0.4396	+0.023%	$23K	$349K	25x	as long as short
GMX ONDO/USD [ETH-USDC]short	L +0.0550% / S −0.0190%	1h	0.4392	−0.061%	$484K	—	100x
Lighter ONDO	+0.0864%	1h	0.4404	+0.205%	$1.4M	$2.1M	10x	as long as short
Reya ONDORUSDPERP	+0.1149%	1h	0.4395	+0.010%	$2K	—	20x	as long as short