ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.1063%/8h= +116.4% APRnext payment +$1.33 per $10,000 · paid last 24h +0.311%

Price spread now: Reya against Extended−0.029%48s7-day average — · you buy dearer than you sell

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

Long on Extended Short on Reya

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—+ Points / potential airdropExtended: Active · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.029% cheaper against Extended than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$32 a day). The two prices were read 48 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	Extended ONDO-USD	0.4274	0.0104	pay 0.0013% / 1h	30m 40s	$346K	$769K	25x
Short	Reya ONDORUSDPERP	0.4273	0.1167	get 0.0146% / 1h	30m 40s	$2K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.029%Rate

Funding earned: $223.15
Price spread: −0.029% → 0.000%: −$2.89
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Reya: 3 bp × 2 orders: −$6
Net: $209.26
Costs to cover: 0.110%
Break-even: 0.4 days

Slippage unknown: Extended: live order book, 15 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 Extended live order book, 15 min ago	3.48 bp	6.0 bp −$6	16.2 bp −$162	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 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	+0.005%	$2.5M	$7.0M	50x	as long as short
01 Exchange ONDOUSD	−0.0016%	1h	0.4276	+0.047%	$352	$2K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4275	+0.026%	$21K	$365K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4276	+0.042%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+6.881%	$888	$215K	5.5x	as long as short
Bybit ONDOUSDT	+0.0045%	4h	0.4274	+0.003%	$66.2M	$116.4M	50x	as long as short
Lighter ONDO	+0.0096%	1h	0.4282	+0.183%	$1.1M	$2.3M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0099%	4h	0.4272	−0.044%	$23K	$7K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4271	−0.074%	$329K	$833K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4280	+0.134%	$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	+0.120%	$759K	$2.9M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4276	+0.061%	$61.7M	$222.4M	75x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4275	+0.026%	$16.8M	$67.2M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4269	−0.112%	$68K	$74K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4275	+0.037%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4275	+0.026%	$13.8M	$13.4M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4276	+0.049%	$43.1M	$41.0M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4276	+0.049%	$12.9M	$9.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4276	+0.049%	$24.7M	$33.1M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4277	+0.073%	—	$783K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4274	+0.010%	$181K	$984K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4270	−0.079%	$666K	$1.9M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4268	−0.131%	$5K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4273	−0.022%	$398K	$2.0M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4281	+0.166%	$86K	$353K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4274	+0.010%	$55K	$1.2M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4274	+0.003%	—	$1.3M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4275	+0.026%	$444	$16K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4277	+0.073%	$105K	$462K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4275	+0.026%	$4.1M	$8.4M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4275	+0.031%	$6K	—	10x	as long as short
Extended ONDO-USDlong	+0.0104%	1h	0.4274	long leg	$346K	$769K	25x
Aevo ONDO-PERP	+0.0104%	1h	0.4274	−0.004%	$37K	$13K	3x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0174% / S +0.0228%	1h	0.4274	+0.002%	$347K	—	100x	as long as short
Phoenix ONDO	+0.0221%	1h	0.4275	+0.038%	$34K	$208K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4277	+0.073%	$211K	$606K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4274	+0.003%	$3.2M	$2.9M	75x	as long as short
Reya ONDORUSDPERPshort	+0.1167%	1h	0.4273	−0.029%	$2K	—	20x
dYdX ONDO-USD	+0.3844%	1h	0.4274	+0.007%	$245K	$159K	5x	as long as short