ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.20 per $10,000 · paid last 24h +0.100%

Price spread now: Coinbase International against Nado−0.139%45s7-day average +0.229% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$650.645% of the position

Long on Nado Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.485%+$48 on $10k

Price spread, last 4 days (all we have)+0.316%+$32 · spread now −0.139%, 7d avg +0.229%

Together, before fees+0.800%+ Points / potential airdropNado: Active · farm board+$80 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.368% cheaper against Nado than usual: you would sell low and buy high (spread −0.139% now, against its 7-day average of +0.229%). If the spread goes back, that is −$37 on $10k: about 7.9 days of funding at the current rate (+$5 a day). At the pace of the last 4 days (+0.485% in total) that is about 2.7 days. The two prices were read 45 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	Nado ONDO-PERP	0.4331	0.0100	pay 0.0012% / 1h	58m 38s	$346K	$889K	10x
Short	Coinbase International ONDO-PERP-INTX	0.4325	0.0256	get 0.0032% / 1h	58m 38s	$214K	$733K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. 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 NadobpFee Coinbase InternationalbpOrdersPrice spread, now −0.139%Rate

Funding earned: $32.76
Price spread: −0.139% → +0.229%: −$36.77
Slippage, 4 orders: −$47.53
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$68.53
Costs to cover: 0.645%
Break-even: 21.6 days

Slippage from Nado: live order book, 40 min ago; Coinbase International: live order book, 40 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 Nado live order book, 40 min ago	0.35 bp	8.5 bp −$8	18.6 bp −$186	doesn't fit	doesn't fit
Sell Coinbase International live order book, 40 min ago	9.26 bp	14.5 bp −$14	52.1 bp −$521	doesn't fit	doesn't fit

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	−0.0177%	1h	0.4322	−0.216%	$2.5M	$7.8M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4320	−0.252%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.472%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4334	+0.072%	$1.1M	$2.3M	10x	as long as short
Nado ONDO-PERPlong	+0.0100%	1h	0.4331	long leg	$346K	$889K	10x
Aster ONDOUSDT	+0.0100%	4h	0.4333	+0.054%	$764K	$2.8M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4331	0.000%	$63.2M	$234.3M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4329	−0.046%	$68.3M	$122.1M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4330	−0.023%	$17.3M	$71.9M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4318	−0.312%	$71K	$80K	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	0.4330	−0.026%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4330	−0.023%	$13.1M	$14.9M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4330	−0.023%	$44.2M	$41.7M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4331	0.000%	$12.1M	$10.4M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4331	0.000%	$24.7M	$36.8M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4332	+0.023%	—	$776K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4325	−0.132%	$176K	$999K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4324	−0.164%	$679K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4321	−0.234%	$5K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4326	−0.115%	$400K	$1.6M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4317	−0.323%	$134K	$340K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4321	−0.231%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4321	−0.231%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4324	−0.162%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4322	−0.208%	$2K	$15K	10x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4323	−0.185%	$4.2M	$8.9M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4330	−0.028%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4329	−0.037%	$363K	$823K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4324	−0.173%	$37K	$13K	3x	as long as short
HTX ONDO-USDT	+0.0152%	4h	0.4332	+0.023%	$128K	$369K	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0213%	1h	0.4322	−0.208%	$18K	$351K	25x	as long as short
Coinbase International ONDO-PERP-INTXshort	+0.0256%	1h	0.4325	−0.139%	$214K	$733K	50x
01 Exchange ONDOUSD	+0.0296%	1h	0.4333	+0.042%	$357	$2K	10x	as long as short
Phoenix ONDO	+0.0315%	1h	0.4324	−0.155%	$35K	$217K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4322	−0.208%	$3.2M	$3.1M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0573% / S −0.0203%	1h	0.4320	−0.246%	$494K	—	100x	as long as short
Hyperliquid ONDO	+0.0637%	1h	0.4336	+0.111%	$36.6M	$27.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1161%	1h	0.4322	−0.205%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.1982%	1h	0.4329	−0.051%	$243K	$155K	5x	as long as short