ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.143%

Price spread now: Coinbase International against SoDEX+0.197%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 Coinbase International

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

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.197% dearer against SoDEX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ONDO-USD	0.4572	0.0100	pay 0.0013% / 1h	56m 37s	$475	$14K	10x
Short	Coinbase International ONDO-PERP-INTX	0.4581	0.0280	get 0.0035% / 1h	56m 37s	$297K	$833K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.197%Rate

Funding earned: $37.8
Price spread: +0.197% → 0.000%: $19.69
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $39.49
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 17 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 Coinbase International live order book, 17 min ago	8.77 bp	13.8 bp −$14	41.9 bp −$419	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	−0.0874%	1h	0.4571	−0.026%	$2.8M	$8.0M	50x	as long as short
Gate ONDO_USDT	−0.0398%	4h	0.4566	−0.131%	$12.0M	$16.5M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4567	−0.103%	$258K	$132K	5x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4575	+0.066%	$33K	$364K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4575	+0.070%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	−0.087%	$888	$216K	5.5x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4572	0.000%	$25K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4568	−0.087%	$440K	$706K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4575	+0.059%	$40.5M	$26.3M	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4573	+0.022%	$723K	$2.1M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ONDOUSDT	+0.0100%	4h	0.4569	−0.068%	$68.4M	$226.2M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4568	−0.087%	$74.0M	$120.6M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4567	−0.109%	$17.7M	$79.9M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4564	−0.168%	$75K	$89K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4565	−0.156%	—	—	5x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4569	−0.066%	$49.0M	$41.2M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4571	−0.022%	$14.2M	$11.0M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4569	−0.066%	$25.8M	$40.2M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4569	−0.066%	—	$741K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4574	+0.044%	$231K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4574	+0.041%	$815K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4578	+0.128%	$5K	$318K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4581	+0.196%	$423K	$949K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4577	+0.109%	$174K	$311K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4573	+0.017%	$69K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4572	0.000%	—	$1.4M	20x	as long as short
SoDEX ONDO-USDlong	+0.0100%	1h	0.4572	long leg	$475	$14K	10x
HTX ONDO-USDT	+0.0100%	4h	0.4579	+0.153%	$134K	$502K	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4566	−0.125%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4566	−0.139%	$409K	$843K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4577	+0.111%	$42K	$11K	3x	as long as short
01 Exchange ONDOUSD	+0.0176%	1h	0.4565	−0.160%	$376	$2K	10x	as long as short
Phoenix ONDO	+0.0244%	1h	0.4585	+0.282%	$38K	$248K	10x	as long as short
Coinbase International ONDO-PERP-INTXshort	+0.0280%	1h	0.4581	+0.197%	$297K	$833K	50x
BloFin ONDO-USDT	+0.0340%	4h	0.4570	−0.044%	$3.3M	$3.3M	75x	as long as short
Phemex ONDOUSDT	+0.0389%	4h	0.4571	−0.022%	$4.6M	$7.0M	50x	as long as short
Lighter ONDO	+0.0400%	1h	0.4577	+0.112%	$1.5M	$2.2M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0589% / S −0.0188%	1h	0.4573	+0.026%	$545K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1144%	1h	0.4571	−0.026%	$2K	—	20x	as long as short