ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.2452%/8h= +268.5% APRnext payment +$3.07 per $10,000 · paid last 24h +1.630%

Price spread now: dYdX against Nado−0.103%7-day average −0.012% · 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−$182as in the Price arb table

costs, in and out, $10k−$1731.730% of the position

Long on Nado Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+2.575%+$258 on $10k

Price spread, last 3 days (all we have)−0.077%−$8 · spread now −0.103%, 7d avg −0.012%

Together, before fees+2.498%+ Points / potential airdropNado: Active · farm board+$250 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.091% cheaper against Nado than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.012%). If the spread goes back, that is −$9 on $10k: about 3 hours of funding at the current rate (+$74 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ONDO-PERP	0.4543	0.0100	pay 0.0012% / 1h	29m 52s	$429K	$699K	10x
Short	dYdX ONDO-USD	0.4538	0.2552	get 0.0319% / 1h	29m 52s	$257K	$129K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.103%Rate

Funding earned: $515
Price spread: −0.103% → −0.012%: −$9.06
Slippage, 4 orders: −$155.95
Fee Nado: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: $332.99
Costs to cover: 1.730%
Break-even: 2.5 days

Slippage from Nado: live order book, 53 min ago; dYdX: live order book, 54 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, 53 min ago	0.66 bp	8.2 bp −$8	18.3 bp −$183	doesn't fit	doesn't fit
Sell dYdX live order book, 54 min ago	27.19 bp	125.2 bp −$125	325.0 bp −$3,250	473.7 bp −$47.4K	1197.7 bp −$598.8K

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	−0.0354%	1h	0.4544	+0.032%	$2.8M	$7.9M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4544	+0.028%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4546	+0.066%	$25K	$8K	10x	as long as short
Nado ONDO-PERPlong	+0.0100%	1h	0.4543	long leg	$429K	$699K	10x
Aster ONDOUSDT	+0.0100%	4h	0.4548	+0.112%	$729K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4546	+0.076%	$67.2M	$225.6M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4548	+0.110%	$74.0M	$120.5M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4548	+0.110%	$17.7M	$81.2M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4538	−0.117%	$74K	$85K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4541	−0.035%	—	—	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	0.4543	0.000%	$11.8M	$18.3M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4546	+0.066%	$47.8M	$44.4M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4545	+0.044%	$13.7M	$10.9M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4549	+0.132%	$25.7M	$41.8M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4546	+0.066%	—	$22.5M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4547	+0.088%	$229K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4539	−0.090%	$776K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4555	+0.272%	$5K	$319K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4561	+0.394%	$428K	$938K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4553	+0.220%	$161K	$334K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4542	−0.018%	$72K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4547	+0.088%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4547	+0.088%	$473	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4552	+0.198%	$132K	$511K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4545	+0.044%	$4.7M	$6.5M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0102%	8h	0.4541	−0.039%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4546	+0.069%	$407K	$861K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4549	+0.142%	$44K	$8K	3x	as long as short
Phoenix ONDO	+0.0142%	1h	0.4569	+0.568%	$29K	$219K	10x	as long as short
Injective ONDO/USDC PERP	+0.0151%	1h	0.4568	+0.550%	$888	$216K	5.5x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0190%	1h	0.4548	+0.110%	$26K	$396K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4564	+0.462%	$300K	$864K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4541	−0.044%	$3.2M	$3.1M	75x	as long as short
01 Exchange ONDOUSD	+0.0392%	1h	0.4547	+0.086%	$374	$2K	10x	as long as short
Hyperliquid ONDO	+0.0429%	1h	0.4552	+0.203%	$40.8M	$27.6M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0585% / S −0.0187%	1h	0.4544	+0.030%	$541K	—	100x	as long as short
Lighter ONDO	+0.0632%	1h	0.4555	+0.271%	$1.4M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1141%	1h	0.4543	−0.002%	$2K	—	20x	as long as short
dYdX ONDO-USDshort	+0.2552%	1h	0.4538	−0.103%	$257K	$129K	5x