ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0333%/8h= −36.4% APRnext payment −$0.42 per $10,000 · paid last 24h −0.075%

Price spread now: 01 Exchange against GMX+0.093%7-day average — · you sell dearer than you buy

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

Long on GMX Short on 01 Exchange

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 pays, funding is against you. 01 Exchange is 0.093% dearer against GMX than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ONDO/USD [ETH-USDC]	0.4577	L +0.0589% / S −0.0188%	pay 0.0074% / 1h	58m 45s	$547K	—	100x
Short	01 Exchange ONDOUSD	0.4581	0.0256	get 0.0032% / 1h	58m 45s	$377	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against GMX. 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 GMXbpFee 01 ExchangebpOrdersPrice spread, now +0.093%Rate

Funding earned: −$69.87
Price spread: +0.093% → 0.000%: $9.33
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$79.54
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; 01 Exchange: 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 GMX no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

GMX and 01 Exchange: 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	−0.0872%	1h	0.4578	+0.012%	$2.8M	$8.0M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4579	+0.041%	$33K	$364K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4577	+0.008%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	−0.199%	$888	$216K	5.5x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4577	−0.003%	$25K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4578	+0.019%	$441K	$706K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4583	+0.128%	$40.5M	$26.3M	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4578	+0.027%	$724K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4580	+0.063%	$68.5M	$226.1M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4578	+0.019%	$74.1M	$120.5M	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	0.4577	−0.003%	$17.7M	$80.1M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4586	+0.198%	$75K	$89K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4577	−0.001%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4577	−0.003%	$12.0M	$16.4M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4580	+0.063%	$49.1M	$41.2M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4580	+0.063%	$14.2M	$11.0M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4578	+0.019%	$25.9M	$40.2M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4580	+0.063%	—	$22.2M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4578	+0.019%	$231K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4574	−0.071%	$815K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4577	−0.012%	$5K	$320K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4581	+0.084%	$423K	$949K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4577	−0.003%	$174K	$311K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4581	+0.080%	$69K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4577	−0.003%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4579	+0.041%	$476	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4587	+0.216%	$134K	$503K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4579	+0.041%	$4.6M	$7.0M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4578	+0.026%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4580	+0.054%	$409K	$843K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4581	+0.085%	$45K	$8K	3x	as long as short
Phoenix ONDO	+0.0244%	1h	0.4585	+0.170%	$38K	$248K	10x	as long as short
01 Exchange ONDOUSDshort	+0.0256%	1h	0.4581	+0.093%	$377	$2K	10x
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4581	+0.085%	$297K	$844K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4580	+0.063%	$3.3M	$3.3M	75x	as long as short
Lighter ONDO	+0.0416%	1h	0.4579	+0.047%	$1.5M	$2.2M	10x	as long as short
GMX ONDO/USD [ETH-USDC]long	L +0.0589% / S −0.0188%	1h	0.4577	long leg	$547K	—	100x
Reya ONDORUSDPERP	+0.1144%	1h	0.4577	−0.007%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.2307%	1h	0.4581	+0.078%	$259K	$132K	5x	as long as short