ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.1136%/8h= −124.4% APRnext payment −$1.42 per $10,000 · paid last 24h −0.333%

Price spread now: gTrade (Gains Network) against Reya−0.175%7-day average — · you buy dearer than you sell

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

Long on Reya Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and gTrade (Gains Network) is 0.175% cheaper against Reya than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ONDORUSDPERP	0.4633	0.1145	pay 0.0143% / 1h	34m 18s	$2K	—	20x
Short	gTrade (Gains Network) ONDO/USD	0.4625	L +0.0003% / S −0.0008%	get 0.0001% / 1h	34m 18s	$6K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.175%Rate

Funding earned: −$238.66
Price spread: −0.175% → 0.000%: −$17.54
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$272.2
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): no order-book sample. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—

Reya and gTrade (Gains Network): 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	−0.0864%	1h	0.4623	−0.220%	$2.8M	$8.0M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4635	+0.028%	$262K	$131K	5x	as long as short
gTrade (Gains Network) ONDO/USDshort	L +0.0003% / S −0.0008%	1h	0.4625	−0.175%	$6K	—	150x
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	−1.409%	$888	$216K	5.5x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4621	−0.265%	$25K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4636	+0.064%	$435K	$710K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4639	+0.123%	$732K	$2.2M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4630	−0.065%	$69.4M	$224.8M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4623	−0.222%	$75.0M	$120.3M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4622	−0.244%	$17.8M	$79.9M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4632	−0.021%	$76K	$90K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4636	+0.060%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4630	−0.071%	$12.1M	$16.6M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4634	+0.015%	$50.4M	$41.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4636	+0.059%	$14.3M	$11.0M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4623	−0.222%	$26.2M	$39.8M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4624	−0.200%	—	$743K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4632	−0.023%	$231K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4615	−0.399%	$820K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4577	−1.218%	$5K	$319K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4573	−1.294%	$423K	$959K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4606	−0.589%	$174K	$338K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4639	+0.130%	$74K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4632	−0.028%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4624	−0.200%	$481	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4648	+0.318%	$136K	$497K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4624	−0.200%	$4.6M	$7.0M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4637	+0.082%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4622	−0.248%	$412K	$836K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4626	−0.168%	$40K	$13K	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0183%	1h	0.4623	−0.222%	$34K	$363K	25x	as long as short
Hyperliquid ONDO	+0.0241%	1h	0.4640	+0.143%	$41.3M	$25.5M	10x	as long as short
Phoenix ONDO	+0.0244%	1h	0.4578	−1.191%	$38K	$248K	10x	as long as short
01 Exchange ONDOUSD	+0.0264%	1h	0.4642	+0.199%	$382	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4631	−0.049%	$300K	$830K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4632	−0.028%	$3.3M	$2.9M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0595% / S −0.0188%	1h	0.4625	−0.178%	$553K	—	100x	as long as short
Lighter ONDO	+0.0600%	1h	0.4633	−0.008%	$1.5M	$2.3M	10x	as long as short
Reya ONDORUSDPERPlong	+0.1145%	1h	0.4633	long leg	$2K	—	20x