ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1060%/8h= −116.1% APRnext payment −$1.32 per $10,000 · paid last 24h −0.310%

Price spread now: Ondo Perps against Reya+0.295%7-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 Ondo Perps

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 · Ondo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. Ondo Perps is 0.295% dearer against Reya than usual: you sell high and buy low (spread +0.295% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ONDORUSDPERP	0.4323	0.1160	pay 0.0145% / 1h	38m 21s	$2K	—	20x
Short	Ondo Perps ONDO-USD.P	0.4336	0.0100	get 0.0013% / 1h	38m 21s	$71K	$81K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.295%Rate

Funding earned: −$222.58
Price spread: +0.295% → 0.000%: $29.46
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$204.12
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Ondo Perps: 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 Ondo Perps no order-book sample	—	—	—	—	—

Reya and 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	−0.0176%	1h	0.4321	−0.048%	$2.5M	$7.8M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4326	+0.059%	$18K	$351K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4324	+0.009%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.656%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4333	+0.228%	$1.1M	$2.3M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4324	+0.001%	$347K	$888K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4327	+0.081%	$774K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4325	+0.026%	$62.7M	$233.5M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4322	−0.034%	$67.9M	$121.8M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4325	+0.036%	$17.3M	$71.7M	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.Pshort	+0.0100%	1h	0.4336	+0.295%	$71K	$81K	10x
RISEx ONDO/USDC	+0.0100%	1h	0.4324	+0.018%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4324	+0.012%	$12.8M	$15.8M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4324	+0.012%	$43.9M	$42.0M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4324	+0.012%	$12.0M	$10.4M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4325	+0.036%	$24.7M	$36.6M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4324	+0.012%	—	$775K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4329	+0.121%	$177K	$993K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4333	+0.213%	$735K	$1.9M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4335	+0.260%	$5K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4336	+0.285%	$399K	$1.5M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4335	+0.267%	$133K	$339K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4326	+0.054%	$61K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4326	+0.059%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4324	+0.012%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4324	+0.012%	$489	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4338	+0.336%	$129K	$369K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4328	+0.105%	$4.2M	$8.8M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4330	+0.147%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4323	−0.003%	$353K	$800K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4326	+0.059%	$38K	$13K	3x	as long as short
01 Exchange ONDOUSD	+0.0224%	1h	0.4326	+0.052%	$356	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4324	+0.012%	$214K	$730K	50x	as long as short
Phoenix ONDO	+0.0315%	1h	0.4337	+0.308%	$35K	$221K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4330	+0.151%	$3.1M	$3.2M	75x	as long as short
Hyperliquid ONDO	+0.0353%	1h	0.4329	+0.123%	$36.5M	$27.1M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0573% / S −0.0203%	1h	0.4323	−0.009%	$494K	—	100x	as long as short
Reya ONDORUSDPERPlong	+0.1160%	1h	0.4323	long leg	$2K	—	20x
dYdX ONDO-USD	+0.1614%	1h	0.4325	+0.040%	$243K	$156K	5x	as long as short