ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.1068%/8h= −117.0% APRnext payment −$1.34 per $10,000 · paid last 24h −0.313%

Price spread now: ApeX Omni against Reya+0.063%63s7-day average — · you sell dearer than you buy

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

Long on Reya Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. ApeX Omni is 0.063% dearer against Reya than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 5 hours. The two prices were read 63 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	Reya ONDORUSDPERP	0.4291	0.1168	pay 0.0146% / 1h	49m 34s	$2K	—	20x
Short	ApeX Omni ONDOUSDT	0.4294	0.0100	get 0.0013% / 1h	49m 34s	$85K	$350K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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 ReyabpFee ApeX OmnibpOrdersPrice spread, now +0.063%Rate

Funding earned: −$224.3
Price spread: +0.063% → 0.000%: $6.3
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$234
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 56 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 Reya no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 56 min ago	1.16 bp	7.5 bp −$8	22.0 bp −$220	doesn't fit	doesn't fit

Reya: 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_ONDOUSD	−0.0260%	1h	0.4286	−0.119%	$2.5M	$6.7M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4293	+0.029%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+6.448%	$888	$214K	5.5x	as long as short
Bybit ONDOUSDT	+0.0063%	4h	0.4278	−0.310%	$66.7M	$112.5M	50x	as long as short
Lighter ONDO	+0.0096%	1h	0.4282	−0.212%	$1.0M	$2.1M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0099%	4h	0.4287	−0.100%	$23K	$7K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4290	−0.030%	$329K	$815K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4281	−0.242%	$36.0M	$26.2M	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4280	−0.264%	$761K	$2.8M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4279	−0.279%	$61.7M	$211.4M	75x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4281	−0.240%	$17.1M	$65.1M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4280	−0.266%	$68K	$65K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4282	−0.214%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4281	−0.240%	$14.0M	$12.8M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4281	−0.240%	$43.7M	$39.2M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4278	−0.310%	$12.9M	$9.1M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4281	−0.240%	$24.8M	$30.6M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4280	−0.263%	—	$783K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4285	−0.151%	$176K	$999K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4281	−0.231%	$613K	$1.9M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4293	+0.044%	$5K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4294	+0.063%	$395K	$2.1M	10x	as long as short
ApeX Omni ONDOUSDTshort	+0.0100%	1h	0.4294	+0.063%	$85K	$350K	50x
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4293	+0.049%	$53K	$1.2M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4285	−0.147%	—	$1.2M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4289	−0.054%	$446	$17K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4296	+0.110%	$105K	$439K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4282	−0.217%	$4.1M	$8.4M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4279	−0.275%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4280	−0.256%	$346K	$760K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4289	−0.049%	$37K	$13K	3x	as long as short
01 Exchange ONDOUSD	+0.0128%	1h	0.4284	−0.165%	$353	$2K	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0162% / S +0.0061%	1h	0.4293	+0.030%	$271K	—	100x	as long as short
Phoenix ONDO	+0.0167%	1h	0.4289	−0.042%	$34K	$204K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0217%	1h	0.4289	−0.054%	$21K	$354K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0240%	1h	0.4305	+0.319%	$212K	$548K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4286	−0.123%	$3.2M	$2.9M	75x	as long as short
Reya ONDORUSDPERPlong	+0.1168%	1h	0.4291	long leg	$2K	—	20x
dYdX ONDO-USD	+0.3988%	1h	0.4277	−0.337%	$245K	$159K	5x	as long as short