ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.002%

Price spread now: Backpack against SoDEX+0.015%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Backpack

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—needs 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: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ONDO-USD	0.4605	0.0100	pay 0.0013% / 1h	56m 15s	$479	$14K	10x
Short	Backpack ONDO_USDC_PERP	0.4606	0.0296	get 0.0037% / 1h	56m 15s	$232K	$1.0M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against SoDEX. 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 SoDEXbpFee BackpackbpOrdersPrice spread, now +0.015%Rate

Funding earned: $41.2
Price spread: +0.015% → 0.000%: $1.52
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Backpack: 5 bp × 2 orders: −$10
Net: $24.72
Costs to cover: 0.180%
Break-even: 2.8 days

Slippage unknown: SoDEX: no order-book sample; Backpack: 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 SoDEX no order-book sample	—	—	—	—	—
Sell Backpack live order book, 3 min ago	1.42 bp	8.0 bp −$8	doesn't fit	doesn't fit	doesn't fit

SoDEX: 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	−0.0793%	1h	0.4601	−0.083%	$2.8M	$7.8M	50x	as long as short
Injective ONDO/USDC PERP	−0.0545%	1h	0.4568	−0.803%	$888	$216K	5.5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4601	−0.083%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4603	−0.043%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4600	−0.109%	$433K	$706K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4602	−0.065%	$727K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4606	+0.019%	$68.6M	$227.1M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4603	−0.043%	$74.6M	$122.5M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4602	−0.065%	$18.0M	$81.9M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4591	−0.300%	$75K	$89K	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	0.4599	−0.139%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4600	−0.109%	$12.1M	$17.9M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4605	0.000%	$49.8M	$43.1M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4604	−0.022%	$13.9M	$11.0M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4605	0.000%	$26.1M	$41.6M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4604	−0.022%	—	$22.2M	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4576	−0.632%	$790K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4584	−0.448%	$5K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4588	−0.369%	$423K	$947K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4581	−0.521%	$174K	$312K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4604	−0.028%	$69K	$1.2M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4602	−0.065%	—	$1.4M	20x	as long as short
SoDEX ONDO-USDlong	+0.0100%	1h	0.4605	long leg	$479	$14K	10x
HTX ONDO-USDT	+0.0100%	4h	0.4604	−0.022%	$134K	$505K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4604	−0.022%	$4.8M	$6.6M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4600	−0.099%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4604	−0.013%	$411K	$851K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4602	−0.057%	$45K	$8K	3x	as long as short
Phoenix ONDO	+0.0142%	1h	0.4593	−0.267%	$38K	$257K	10x	as long as short
Backpack ONDO_USDC_PERPshort	+0.0296%	1h	0.4606	+0.015%	$232K	$1.0M	15x
Coinbase International ONDO-PERP-INTX	+0.0304%	1h	0.4597	−0.174%	$301K	$861K	50x	as long as short
Hyperliquid ONDO	+0.0327%	1h	0.4607	+0.048%	$40.9M	$27.0M	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4593	−0.261%	$3.3M	$3.2M	75x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0402%	1h	0.4604	−0.022%	$37K	$436K	25x	as long as short
01 Exchange ONDOUSD	+0.0464%	1h	0.4607	+0.046%	$379	$2K	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0590% / S −0.0188%	1h	0.4601	−0.091%	$549K	—	100x	as long as short
Lighter ONDO	+0.1024%	1h	0.4613	+0.180%	$1.5M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1142%	1h	0.4603	−0.047%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.6609%	1h	0.4599	−0.128%	$260K	$129K	5x	as long as short