Funding you earn now, next payment 11:00 UTC−0.0428%/8h= −46.9% APRnext payment −$0.54 per $10,000 · paid last 24h +0.020%
Price spread now: Kraken Futures against Ondo Perps+0.289%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.267%+$27 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
The price spread pays, funding is against you. Kraken Futures is 0.289% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.289% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 2.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.267%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.267% in total (about 13.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.54 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ONDO-USD.P | 0.4269 | 0.0100 | pay 0.0013% / 1h | 28m 57s | $68K | $73K | 10x |
| Short | Kraken Futures PF_ONDOUSD | 0.4281 | −0.0328 | pay 0.0041% / 1h | 28m 57s | $2.5M | $7.0M | 50x |
Ondo Perps ONDO-USD.P
Kraken Futures PF_ONDOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$89.92
- Price spread: +0.289% → 0.000%
- $28.86
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$76.06
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago | 5.85 bp | 14.8 bp −$15 | 22.4 bp −$224 | 383.1 bp −$38.3K | 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 exchanges
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_ONDOUSDshort | −0.0328% | 1h | 0.4281 | +0.289% | $2.5M | $7.0M | 50x | |
| 01 Exchange ONDOUSD | −0.0016% | 1h | 0.4281 | +0.290% | $352 | $2K | 10x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4283 | +0.326% | $21K | $365K | 25x | as long as short |
| gTrade (Gains Network) ONDO/USD | L +0.0003% / S −0.0011% | 1h | 0.4276 | +0.154% | $7K | — | 150x | as long as short |
| Injective ONDO/USDC PERP | +0.0033% | 1h | 0.4568 | +7.001% | $888 | $215K | 5.5x | as long as short |
| Bybit ONDOUSDT | +0.0044% | 4h | 0.4277 | +0.185% | $66.2M | $116.3M | 50x | as long as short |
| Lighter ONDO | +0.0096% | 1h | 0.4287 | +0.410% | $1.1M | $2.3M | 10x | as long as short |
| Orderly PERP_ONDO_USDC | +0.0099% | 4h | 0.4279 | +0.232% | $23K | $7K | 10x | as long as short |
| Nado ONDO-PERP | +0.0100% | 1h | 0.4280 | +0.255% | $330K | $830K | 10x | as long as short |
| Hyperliquid ONDO | +0.0100% | 1h | 0.4283 | +0.323% | $35.7M | $27.0M | 10x | as long as short |
01 Exchange ONDOUSD
Deribit ONDO_USDC-PERPETUAL
gTrade (Gains Network) ONDO/USD
Injective ONDO/USDC PERP
Bybit ONDOUSDT
Lighter ONDO
Orderly PERP_ONDO_USDC
Nado ONDO-PERP
Hyperliquid ONDOShow all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ONDOUSDT | +0.0100% | 4h | 0.4283 | +0.337% | $760K | $2.9M | 20x | as long as short |
| Binance ONDOUSDT | +0.0100% | 4h | 0.4281 | +0.270% | $61.8M | $222.5M | 75x | as long as short |
| OKX ONDO-USDT-SWAP | +0.0100% | 4h | 0.4279 | +0.232% | $16.8M | $67.3M | 50x | as long as short |
| Ondo Perps ONDO-USD.Plong | +0.0100% | 1h | 0.4269 | long leg | $68K | $73K | 10x | |
| RISEx ONDO/USDC | +0.0100% | 1h | 0.4275 | +0.149% | — | — | 5x | as long as short |
| Gate ONDO_USDT | +0.0100% | 4h | 0.4280 | +0.255% | $13.8M | $13.4M | 50x | as long as short |
| MEXC ONDO_USDT | +0.0100% | 4h | 0.4280 | +0.255% | $43.4M | $41.0M | 200x | as long as short |
| KuCoin ONDOUSDTM | +0.0100% | 4h | 0.4281 | +0.279% | $13.0M | $9.5M | 50x | as long as short |
| Bitget ONDOUSDT | +0.0100% | 4h | 0.4280 | +0.255% | $24.7M | $33.1M | 50x | as long as short |
| BingX ONDO-USDC | +0.0100% | 4h | 0.4279 | +0.232% | — | $784K | — | as long as short |
| Backpack ONDO_USDC_PERP | +0.0100% | 1h | 0.4281 | +0.279% | $183K | $985K | 15x | as long as short |
| Variational Omni ONDO | +0.0100% | 4h | 0.4270 | +0.033% | $666K | $1.9M | — | as long as short |
| edgeX ONDOUSDC | +0.0100% | 4h | 0.4272 | +0.071% | $5K | $318K | 20x | as long as short |
| GRVT ONDO_USDT_Perp | +0.0100% | 4h | 0.4273 | +0.098% | $401K | $2.0M | 10x | as long as short |
| ApeX Omni ONDOUSDT | +0.0100% | 1h | 0.4270 | +0.021% | $85K | $353K | 50x | as long as short |
| Polymarket Perps ONDO-USD | +0.0100% | 1h | 0.4281 | +0.288% | $55K | $1.2M | 10x | as long as short |
| SunX ONDO-USDT | +0.0100% | 4h | 0.4280 | +0.255% | — | $1.3M | 20x | as long as short |
| SoDEX ONDO-USD | +0.0100% | 1h | 0.4282 | +0.302% | $445 | $16K | 10x | as long as short |
| HTX ONDO-USDT | +0.0100% | 4h | 0.4289 | +0.466% | $105K | $463K | 50x | as long as short |
| Phemex ONDOUSDT | +0.0100% | 4h | 0.4281 | +0.279% | $4.1M | $8.4M | 50x | as long as short |
| Paradex ONDO-USD-PERP | +0.0100% | 8h | 0.4276 | +0.162% | $6K | — | 10x | as long as short |
| Extended ONDO-USD | +0.0104% | 1h | 0.4278 | +0.211% | $346K | $769K | 25x | as long as short |
| Aevo ONDO-PERP | +0.0104% | 1h | 0.4281 | +0.286% | $37K | $13K | 3x | as long as short |
| GMX ONDO/USD [ETH-USDC] | L +0.0173% / S +0.0229% | 1h | 0.4281 | +0.269% | $348K | — | 100x | as long as short |
| Phoenix ONDO | +0.0221% | 1h | 0.4281 | +0.272% | $34K | $208K | 10x | as long as short |
| Coinbase International ONDO-PERP-INTX | +0.0280% | 1h | 0.4277 | +0.185% | $211K | $605K | 50x | as long as short |
| BloFin ONDO-USDT | +0.0340% | 4h | 0.4279 | +0.232% | $3.2M | $2.9M | 75x | as long as short |
| Reya ONDORUSDPERP | +0.1167% | 1h | 0.4275 | +0.130% | $2K | — | 20x | as long as short |
| dYdX ONDO-USD | +0.3798% | 1h | 0.4278 | +0.209% | $245K | $159K | 5x | as long as short |
Aster ONDOUSDT
Binance ONDOUSDT
OKX ONDO-USDT-SWAP
RISEx ONDO/USDC
Gate ONDO_USDT
MEXC ONDO_USDT
KuCoin ONDOUSDTM
Bitget ONDOUSDT
BingX ONDO-USDC
Backpack ONDO_USDC_PERP
Variational Omni ONDO
edgeX ONDOUSDC
GRVT ONDO_USDT_Perp
ApeX Omni ONDOUSDT
Polymarket Perps ONDO-USD
SunX ONDO-USDT
SoDEX ONDO-USD
HTX ONDO-USDT
Phemex ONDOUSDT
Paradex ONDO-USD-PERP
Extended ONDO-USD
Aevo ONDO-PERP
GMX ONDO/USD [ETH-USDC]
Phoenix ONDO
Coinbase International ONDO-PERP-INTX
BloFin ONDO-USDT
Reya ONDORUSDPERP
dYdX ONDO-USD