ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.020%

Price spread now: GRVT against Variational Omni+0.584%59s7-day average +0.005% · you sell dearer than you buy

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

Long on Variational Omni Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.452%−$45 · spread now +0.584%, 7d avg +0.005%

Together, before fees−0.451%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board−$45 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.579% dearer against Variational Omni than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of +0.005%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ONDO	0.4524	0.0062	pay 0.0031% / 4h	2h 56m	$799K	$2.0M	—
Short	GRVT ONDO_USDT_Perp	0.4550	0.0100	get 0.0050% / 4h	2h 56m	$428K	$925K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Variational Omni. 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 Variational OmnibpFee GRVTbpOrdersPrice spread, now +0.584%Rate

Funding earned: $7.92
Price spread: +0.584% → +0.005%: $57.88
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $56.8
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; GRVT: live order book, 31 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 Variational Omni RFQ quote, 3 min ago	4.41 bp	doesn't fit	13.2 bp −$132	doesn't fit	doesn't fit
Sell GRVT live order book, 31 min ago	3.33 bp	13.1 bp −$13	30.4 bp −$304	doesn't fit	doesn't fit

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	−0.1123%	1h	0.4527	+0.082%	$3.1M	$7.7M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4523	−0.013%	$20K	$344K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4518	−0.123%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4416	−2.378%	$994	$82K	5.5x	as long as short
Variational Omni ONDOlong	+0.0062%	4h	0.4524	long leg	$799K	$2.0M	—
Bybit ONDOUSDT	+0.0068%	4h	0.4521	−0.057%	$73.6M	$116.8M	50x	as long as short
Orderly PERP_ONDO_USDC	+0.0099%	4h	0.4522	−0.035%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4521	−0.057%	$432K	$667K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4526	+0.052%	$40.8M	$27.7M	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4527	+0.082%	$756K	$2.0M	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	0.4521	−0.057%	$66.6M	$220.4M	75x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4520	−0.079%	$17.7M	$79.7M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4556	+0.724%	$73K	$86K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4521	−0.066%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4521	−0.057%	$11.8M	$18.6M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4522	−0.035%	$48.2M	$44.9M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4521	−0.057%	$14.0M	$10.4M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4522	−0.035%	$25.5M	$41.1M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4522	−0.035%	—	$746K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4528	+0.096%	$226K	$941K	15x	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4539	+0.352%	$5K	$316K	20x	as long as short
GRVT ONDO_USDT_Perpshort	+0.0100%	4h	0.4550	+0.584%	$428K	$925K	10x
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4541	+0.385%	$160K	$329K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4524	+0.007%	$78K	$1.0M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4523	−0.013%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4524	+0.010%	$470	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4533	+0.209%	$125K	$513K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4524	+0.010%	$4.9M	$6.1M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4520	−0.078%	$6K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4520	−0.079%	$405K	$994K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4526	+0.046%	$36K	—	3x	as long as short
Phoenix ONDO	+0.0144%	1h	0.4508	−0.353%	$29K	$220K	10x	as long as short
01 Exchange ONDOUSD	+0.0272%	1h	0.4523	−0.015%	$372	$2K	10x	as long as short
Lighter ONDO	+0.0320%	1h	0.4533	+0.209%	$1.4M	$2.2M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4541	+0.385%	$311K	$837K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4522	−0.035%	$3.2M	$3.1M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0617% / S −0.0203%	1h	0.4524	−0.001%	$563K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1138%	1h	0.4522	−0.045%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.8770%	1h	0.4530	+0.141%	$256K	$117K	5x	as long as short