ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.147%

Price spread now: Coinbase International against Ondo Perps+0.026%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.754%+$75 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.026% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps ONDO-USD.P	0.4573	0.0100	pay 0.0013% / 1h	35m 10s	$74K	$86K	10x
Short	Coinbase International ONDO-PERP-INTX	0.4574	0.0280	get 0.0035% / 1h	35m 10s	$301K	$867K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Ondo Perps. 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 Ondo PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now +0.026%Rate

Funding earned: $37.8
Price spread: +0.026% → 0.000%: $2.62
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $25.42
Costs to cover: 0.150%
Break-even: 2.3 days

Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 48 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 48 min ago	5.53 bp	28.0 bp −$28	72.3 bp −$723	doesn't fit	doesn't fit

Ondo Perps: 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_ONDOUSD	−0.0353%	1h	0.4554	−0.413%	$2.8M	$7.9M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4559	−0.296%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4556	−0.367%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4559	−0.302%	$431K	$697K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4560	−0.271%	$740K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4556	−0.375%	$67.3M	$225.2M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4558	−0.324%	$74.2M	$120.5M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4557	−0.346%	$17.8M	$81.3M	50x	as long as short
Ondo Perps ONDO-USD.Plong	+0.0100%	1h	0.4573	long leg	$74K	$86K	10x
RISEx ONDO/USDC	+0.0100%	1h	0.4559	−0.296%	—	—	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	0.4557	−0.346%	$11.9M	$18.3M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4555	−0.389%	$47.8M	$44.4M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4557	−0.346%	$13.8M	$10.9M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4559	−0.302%	$25.8M	$41.7M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4557	−0.346%	—	$744K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4559	−0.295%	$233K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4567	−0.127%	$778K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4571	−0.044%	$5K	$319K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4572	−0.013%	$429K	$938K	10x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4563	−0.212%	$74K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4554	−0.411%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4556	−0.367%	$474	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4565	−0.171%	$133K	$512K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4556	−0.367%	$4.7M	$6.4M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0102%	8h	0.4554	−0.413%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4555	−0.384%	$405K	$857K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4558	−0.313%	$44K	$8K	3x	as long as short
Phoenix ONDO	+0.0142%	1h	0.4565	−0.173%	$29K	$219K	10x	as long as short
Injective ONDO/USDC PERP	+0.0151%	1h	0.4568	−0.105%	$888	$216K	5.5x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0189%	1h	0.4557	−0.346%	$26K	$396K	25x	as long as short
ApeX Omni ONDOUSDT	+0.0244%	1h	0.4620	+1.032%	$163K	$333K	50x	as long as short
Coinbase International ONDO-PERP-INTXshort	+0.0280%	1h	0.4574	+0.026%	$301K	$867K	50x
BloFin ONDO-USDT	+0.0340%	4h	0.4559	−0.302%	$3.2M	$3.1M	75x	as long as short
01 Exchange ONDOUSD	+0.0408%	1h	0.4563	−0.210%	$376	$2K	10x	as long as short
Hyperliquid ONDO	+0.0488%	1h	0.4566	−0.151%	$40.8M	$27.5M	10x	as long as short
Lighter ONDO	+0.0584%	1h	0.4564	−0.201%	$1.4M	$2.2M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0637% / S −0.0211%	1h	0.4559	−0.308%	$578K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1141%	1h	0.4563	−0.215%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.1481%	1h	0.4554	−0.400%	$258K	$130K	5x	as long as short