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 +0.072%

Price spread now: BloFin against MEXC+0.044%49s7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs+$24as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$230.227% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.466%+$47 on $10k

Price spread, last 3 days (all we have)+0.015%+$1 · spread now +0.044%, 7d avg +0.037%

Together, before fees+0.481%+$48 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 49 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	MEXC ONDO_USDT	0.4554	0.0100	pay 0.0050% / 4h	1h 28m	$47.8M	$44.4M	200x
Short	BloFin ONDO-USDT	0.4556	0.0340	get 0.0170% / 4h	1h 28m	$3.3M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.044%Rate

Funding earned: $50.4
Price spread: +0.044% → +0.037%: $0.64
Slippage, 4 orders: −$10.68
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $28.36
Costs to cover: 0.227%
Break-even: 3.1 days

Slippage from MEXC: live order book, 6 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 MEXC live order book, 6 min ago	1.10 bp	3.0 bp −$3	6.7 bp −$67	22.6 bp −$2,256	114.2 bp −$57.1K
Sell BloFin live order book, 5 min ago	1.10 bp	11.5 bp −$11	14.0 bp −$140	40.4 bp −$4,041	114.7 bp −$57.4K

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	−0.0353%	1h	0.4557	+0.055%	$2.8M	$7.9M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4552	−0.040%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4550	−0.088%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4557	+0.066%	$430K	$699K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4560	+0.132%	$731K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4555	+0.022%	$67.3M	$225.8M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4553	−0.022%	$74.1M	$120.6M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4550	−0.088%	$17.7M	$81.2M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4538	−0.358%	$74K	$85K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4555	+0.026%	—	—	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ONDO_USDT	+0.0100%	4h	0.4553	−0.022%	$11.8M	$18.3M	50x	as long as short
MEXC ONDO_USDTlong	+0.0100%	4h	0.4554	long leg	$47.8M	$44.4M	200x
KuCoin ONDOUSDTM	+0.0100%	4h	0.4557	+0.066%	$13.8M	$10.9M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4557	+0.066%	$25.8M	$41.8M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4554	0.000%	—	$22.5M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4559	+0.101%	$230K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4539	−0.331%	$776K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4555	+0.030%	$5K	$319K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4540	−0.307%	$426K	$938K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4553	−0.022%	$161K	$334K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4560	+0.123%	$72K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4555	+0.022%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4558	+0.088%	$474	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4564	+0.220%	$133K	$511K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4555	+0.022%	$4.7M	$6.5M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4553	−0.030%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4549	−0.107%	$407K	$861K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4553	−0.032%	$44K	$8K	3x	as long as short
Phoenix ONDO	+0.0142%	1h	0.4555	+0.011%	$29K	$219K	10x	as long as short
Injective ONDO/USDC PERP	+0.0151%	1h	0.4568	+0.307%	$888	$216K	5.5x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0189%	1h	0.4558	+0.088%	$26K	$396K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4564	+0.220%	$300K	$864K	50x	as long as short
BloFin ONDO-USDTshort	+0.0340%	4h	0.4556	+0.044%	$3.3M	$3.1M	75x
01 Exchange ONDOUSD	+0.0400%	1h	0.4566	+0.257%	$376	$2K	10x	as long as short
Hyperliquid ONDO	+0.0424%	1h	0.4559	+0.116%	$40.8M	$27.6M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0622% / S −0.0204%	1h	0.4552	−0.040%	$568K	—	100x	as long as short
Lighter ONDO	+0.0648%	1h	0.4564	+0.226%	$1.4M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1141%	1h	0.4555	+0.020%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.2869%	1h	0.4552	−0.035%	$258K	$129K	5x	as long as short