ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.075%

Price spread now: BloFin against Gate+0.067%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$580.580% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.462%+$46 on $10k

Price spread, last 3 days (all we have)−0.016%−$2 · spread now +0.067%, 7d avg +0.069%

Together, before fees+0.446%+$45 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ONDO_USDT	0.4507	0.0100	pay 0.0050% / 4h	1h 52m	$11.8M	$18.0M	50x
Short	BloFin ONDO-USDT	0.4510	0.0340	get 0.0170% / 4h	1h 52m	$3.2M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.067%Rate

Funding earned: $50.4
Price spread: +0.067% → +0.069%: −$0.24
Slippage, 4 orders: −$31.01
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$7.86
Costs to cover: 0.580%
Break-even: 8.1 days

Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 5 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 Gate live order book, 1 min ago	2.22 bp	14.8 bp −$15	37.5 bp −$375	47.5 bp −$4,753	78.4 bp −$39.2K
Sell BloFin live order book, 5 min ago	1.11 bp	10.5 bp −$10	15.3 bp −$153	36.0 bp −$3,603	121.2 bp −$60.6K

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	−0.0356%	1h	0.4511	+0.086%	$2.8M	$8.0M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4514	+0.155%	$19K	$364K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4513	+0.140%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4512	+0.111%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4516	+0.200%	$424K	$682K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4510	+0.074%	$755K	$2.0M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4511	+0.089%	$66.4M	$220.2M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4511	+0.089%	$73.2M	$118.0M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4507	0.000%	$17.6M	$79.6M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4542	+0.785%	$73K	$85K	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	0.4512	+0.122%	—	—	5x	as long as short
Gate ONDO_USDTlong	+0.0100%	4h	0.4507	long leg	$11.8M	$18.0M	50x
MEXC ONDO_USDT	+0.0100%	4h	0.4507	0.000%	$47.5M	$44.0M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4508	+0.022%	$13.4M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4509	+0.044%	$25.5M	$41.2M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4508	+0.022%	—	$22.5M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4511	+0.080%	$195K	$972K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4531	+0.535%	$793K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4534	+0.600%	$5K	$318K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4533	+0.574%	$428K	$928K	10x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4514	+0.160%	$81K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4513	+0.133%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4514	+0.155%	$469	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4522	+0.333%	$130K	$508K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4512	+0.111%	$4.7M	$6.4M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4515	+0.180%	$6K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4507	−0.005%	$403K	$856K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4516	+0.209%	$44K	$8K	3x	as long as short
Phoenix ONDO	+0.0142%	1h	0.4528	+0.473%	$30K	$219K	10x	as long as short
Injective ONDO/USDC PERP	+0.0151%	1h	0.4503	−0.089%	$1K	$181K	5.5x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4538	+0.688%	$300K	$847K	50x	as long as short
ApeX Omni ONDOUSDT	+0.0286%	1h	0.4538	+0.688%	$160K	$333K	50x	as long as short
BloFin ONDO-USDTshort	+0.0340%	4h	0.4510	+0.067%	$3.2M	$3.1M	75x
01 Exchange ONDOUSD	+0.0384%	1h	0.4517	+0.215%	$372	$2K	10x	as long as short
Lighter ONDO	+0.0512%	1h	0.4520	+0.284%	$1.4M	$2.1M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0590% / S −0.0191%	1h	0.4512	+0.111%	$543K	—	100x	as long as short
Hyperliquid ONDO	+0.0593%	1h	0.4515	+0.182%	$40.4M	$27.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1140%	1h	0.4514	+0.147%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.1173%	1h	0.4520	+0.278%	$256K	$130K	5x	as long as short