ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0276%/8h= +30.2% APRnext payment +$0.34 per $10,000 · paid last 24h −0.025%

Price spread now: Ondo Perps against Kraken Futures−0.089%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.261%−$26 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.089% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.089% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 26 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.261%, 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	Kraken Futures PF_ONDOUSD	0.4341	−0.0176	get 0.0022% / 1h	47m 37s	$2.5M	$7.8M	50x
Short	Ondo Perps ONDO-USD.P	0.4337	0.0100	get 0.0013% / 1h	47m 37s	$71K	$81K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Kraken Futures. 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 Kraken FuturesbpFee Ondo PerpsbpOrdersPrice spread, now −0.089%Rate

Funding earned: $57.95
Price spread: −0.089% → 0.000%: −$8.92
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $34.03
Costs to cover: 0.150%
Break-even: 2.9 days

Slippage unknown: Kraken Futures: live order book, 1 min ago; Ondo Perps: 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 Kraken Futures live order book, 1 min ago	3.46 bp	12.7 bp −$13	19.2 bp −$192	87.9 bp −$8,791	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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_ONDOUSDlong	−0.0176%	1h	0.4341	long leg	$2.5M	$7.8M	50x
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4341	+0.008%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.237%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4349	+0.192%	$1.1M	$2.3M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4343	+0.054%	$347K	$890K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4347	+0.151%	$763K	$2.8M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4345	+0.098%	$63.5M	$233.7M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4343	+0.054%	$68.6M	$121.9M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4345	+0.100%	$17.4M	$72.1M	50x	as long as short
Ondo Perps ONDO-USD.Pshort	+0.0100%	1h	0.4337	−0.089%	$71K	$81K	10x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx ONDO/USDC	+0.0100%	1h	0.4339	−0.043%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4343	+0.054%	$13.2M	$15.0M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4344	+0.077%	$44.6M	$41.9M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4345	+0.100%	$12.2M	$10.4M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4344	+0.077%	$24.9M	$36.7M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4344	+0.077%	—	$23.1M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4343	+0.054%	$179K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4339	−0.044%	$680K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4330	−0.238%	$5K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4333	−0.188%	$408K	$1.6M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4331	−0.223%	$134K	$340K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4339	−0.039%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4341	+0.008%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4338	−0.062%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4343	+0.054%	$2K	$15K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4345	+0.100%	$129K	$369K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4342	+0.031%	$4.2M	$9.0M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0102%	8h	0.4344	+0.076%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4342	+0.039%	$366K	$829K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4344	+0.077%	$38K	$13K	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0211%	1h	0.4343	+0.054%	$18K	$351K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0256%	1h	0.4339	−0.039%	$214K	$735K	50x	as long as short
Phoenix ONDO	+0.0277%	1h	0.4338	−0.071%	$35K	$218K	10x	as long as short
01 Exchange ONDOUSD	+0.0320%	1h	0.4346	+0.120%	$358	$2K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4338	−0.062%	$3.2M	$3.1M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0574% / S −0.0203%	1h	0.4341	−0.003%	$496K	—	100x	as long as short
Hyperliquid ONDO	+0.0643%	1h	0.4350	+0.219%	$36.7M	$27.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1162%	1h	0.4341	+0.013%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.1781%	1h	0.4344	+0.070%	$244K	$155K	5x	as long as short