ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against OKX+0.046%73s7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs+$7as 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−$380.384% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.451%+$45 on $10k

Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.046%, 7d avg +0.044%

Together, before fees+0.437%+$44 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 73 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	OKX ONDO-USDT-SWAP	0.4338	0.0100	pay 0.0050% / 4h	2h 15m	$17.3M	$73.7M	50x
Short	BloFin ONDO-USDT	0.4340	0.0340	get 0.0170% / 4h	2h 15m	$2.5M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.046%Rate

Funding earned: $50.4
Price spread: +0.046% → +0.044%: $0.24
Slippage, 4 orders: −$16.36
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $12.29
Costs to cover: 0.384%
Break-even: 5.3 days

Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 2 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 OKX live order book, 3 min ago	1.15 bp	9.4 bp −$9	17.6 bp −$176	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	1.15 bp	7.2 bp −$7	10.1 bp −$101	33.0 bp −$3,298	120.6 bp −$60.3K

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	−0.0241%	1h	0.4334	−0.102%	$2.5M	$7.8M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4335	−0.070%	$7K	—	150x	as long as short
dYdX ONDO-USD	+0.0011%	1h	0.4336	−0.041%	$243K	$137K	5x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.302%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4339	+0.023%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4339	+0.017%	$349K	$882K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4341	+0.062%	$36.2M	$26.4M	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4340	+0.046%	$774K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4338	+0.005%	$62.8M	$237.2M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4337	−0.023%	$67.7M	$126.3M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ONDO-USDT-SWAPlong	+0.0100%	4h	0.4338	long leg	$17.3M	$73.7M	50x
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4335	−0.067%	$71K	$82K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4337	−0.016%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4336	−0.046%	$12.2M	$16.5M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4337	−0.023%	$43.2M	$42.5M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4337	−0.023%	$12.0M	$10.6M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4337	−0.023%	$24.9M	$39.9M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4336	−0.046%	—	$23.7M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4338	−0.009%	$176K	$988K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4320	−0.421%	$631K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4325	−0.306%	$4K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4341	+0.070%	$411K	$1.3M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4344	+0.138%	$133K	$356K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4339	+0.030%	$65K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4333	−0.115%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4338	0.000%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4337	−0.023%	$451	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4343	+0.115%	$129K	$429K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4336	−0.046%	$4.2M	$8.3M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4337	−0.020%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4337	−0.027%	$391K	$795K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4336	−0.035%	$38K	$13K	3x	as long as short
01 Exchange ONDOUSD	+0.0128%	1h	0.4339	+0.028%	$357	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0272%	1h	0.4339	+0.023%	$217K	$760K	50x	as long as short
Phoenix ONDO	+0.0332%	1h	0.4346	+0.187%	$35K	$223K	10x	as long as short
BloFin ONDO-USDTshort	+0.0340%	4h	0.4340	+0.046%	$2.5M	$3.1M	75x
Deribit ONDO_USDC-PERPETUAL	+0.0442%	1h	0.4336	−0.046%	$18K	$362K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0571% / S −0.0202%	1h	0.4335	−0.081%	$494K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1156%	1h	0.4338	0.000%	$2K	—	20x	as long as short