ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.1089%/8h= −119.2% APRnext payment −$1.36 per $10,000 · paid last 24h −0.224%

Price spread now: Kraken Futures against Reya−0.010%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 Kraken Futures

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$33 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ONDORUSDPERP	0.4401	0.1150	pay 0.0144% / 1h	9m 12s	$2K	—	20x
Short	Kraken Futures PF_ONDOUSD	0.4400	0.0061	get 0.0008% / 1h	9m 12s	$2.6M	$8.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.010%Rate

Funding earned: −$228.67
Price spread: −0.010% → 0.000%: −$1.01
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$245.68
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago	4.53 bp	20.7 bp −$21	29.3 bp −$293	426.6 bp −$42.7K	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 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
dYdX ONDO-USD	+0.0001%	1h	0.4401	0.000%	$249K	$129K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4399	−0.045%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+3.798%	$888	$216K	5.5x	as long as short
Kraken Futures PF_ONDOUSDshort	+0.0061%	1h	0.4400	−0.010%	$2.6M	$8.2M	50x
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4399	−0.042%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4402	+0.026%	$372K	$837K	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4400	−0.015%	$64.0M	$225.8M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4399	−0.042%	$69.8M	$122.9M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4400	−0.019%	$17.1M	$71.6M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4401	−0.005%	$73K	$86K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx ONDO/USDC	+0.0100%	1h	0.4398	−0.056%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4398	−0.064%	$11.6M	$16.2M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4401	+0.004%	$47.7M	$41.8M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4402	+0.026%	$12.9M	$10.7M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4400	−0.019%	$25.1M	$39.4M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4399	−0.042%	—	$21.8M	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4410	+0.200%	$714K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4414	+0.299%	$5K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4418	+0.394%	$408K	$1.0M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4417	+0.367%	$136K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4402	+0.026%	$64K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4403	+0.049%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4403	+0.049%	$458	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4410	+0.208%	$129K	$474K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4403	+0.049%	$4.2M	$7.7M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0104%	8h	0.4400	−0.024%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4401	+0.006%	$398K	$793K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4403	+0.053%	$38K	$13K	3x	as long as short
Hyperliquid ONDO	+0.0137%	1h	0.4402	+0.027%	$38.2M	$24.2M	10x	as long as short
Backpack ONDO_USDC_PERP	+0.0182%	1h	0.4400	−0.014%	$191K	$979K	15x	as long as short
Aster ONDOUSDT	+0.0190%	4h	0.4404	+0.070%	$709K	$2.3M	20x	as long as short
Phoenix ONDO	+0.0272%	1h	0.4427	+0.585%	$35K	$225K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4399	−0.042%	$3.1M	$3.0M	75x	as long as short
01 Exchange ONDOUSD	+0.0360%	1h	0.4404	+0.072%	$362	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0360%	1h	0.4422	+0.481%	$281K	$726K	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0432%	1h	0.4402	+0.026%	$23K	$349K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0551% / S −0.0190%	1h	0.4400	−0.026%	$485K	—	100x	as long as short
Lighter ONDO	+0.0856%	1h	0.4410	+0.206%	$1.4M	$2.1M	10x	as long as short
Reya ONDORUSDPERPlong	+0.1150%	1h	0.4401	long leg	$2K	—	20x