ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0277%/8h= +30.3% APRnext payment +$0.35 per $10,000 · paid last 24h −0.025%

Price spread now: SoDEX against Kraken Futures−0.115%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 SoDEX

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—needs both histories

Funding pays, the price is against you. SoDEX is 0.115% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.115% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 33 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ONDOUSD	0.4313	−0.0177	get 0.0022% / 1h	27m 32s	$2.5M	$7.7M	50x
Short	SoDEX ONDO-USD	0.4308	0.0100	get 0.0013% / 1h	27m 32s	$2K	$14K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.115%Rate

Funding earned: $58.19
Price spread: −0.115% → 0.000%: −$11.47
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $28.72
Costs to cover: 0.180%
Break-even: 3.5 days

Slippage unknown: Kraken Futures: live order book, 1 min ago; SoDEX: 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	3.49 bp	15.0 bp −$15	26.1 bp −$261	129.9 bp −$13.0K	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0177%	1h	0.4313	long leg	$2.5M	$7.7M	50x
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4301	−0.278%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.914%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4318	+0.108%	$1.1M	$2.3M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4310	−0.068%	$342K	$889K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4313	+0.002%	$760K	$2.8M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4311	−0.036%	$62.9M	$233.4M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4308	−0.115%	$67.4M	$122.3M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4310	−0.068%	$17.2M	$70.9M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4318	+0.108%	$71K	$79K	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	0.4297	−0.374%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4310	−0.068%	$13.2M	$15.2M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4311	−0.045%	$43.9M	$42.1M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4311	−0.045%	$12.1M	$10.3M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4310	−0.068%	$25.0M	$36.4M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4311	−0.045%	—	$781K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4315	+0.045%	$178K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4310	−0.073%	$678K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4313	+0.002%	$5K	$318K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4310	−0.067%	$404K	$1.6M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4313	+0.001%	$134K	$339K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4310	−0.068%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4305	−0.184%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4307	−0.138%	—	$1.4M	20x	as long as short
SoDEX ONDO-USDshort	+0.0100%	1h	0.4308	−0.115%	$2K	$14K	10x
HTX ONDO-USDT	+0.0100%	4h	0.4320	+0.164%	$128K	$369K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4311	−0.045%	$4.2M	$9.1M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4311	−0.046%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4310	−0.062%	$357K	$824K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4309	−0.092%	$37K	$13K	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0215%	1h	0.4307	−0.138%	$28K	$362K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0256%	1h	0.4340	+0.627%	$214K	$719K	50x	as long as short
01 Exchange ONDOUSD	+0.0272%	1h	0.4312	−0.022%	$355	$2K	10x	as long as short
Phoenix ONDO	+0.0277%	1h	0.4313	−0.010%	$35K	$218K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4312	−0.022%	$3.2M	$3.1M	75x	as long as short
Hyperliquid ONDO	+0.0512%	1h	0.4314	+0.023%	$36.2M	$27.7M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0581% / S −0.0208%	1h	0.4301	−0.281%	$498K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1162%	1h	0.4310	−0.074%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.3628%	1h	0.4309	−0.085%	$246K	$159K	5x	as long as short