ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.031%

Price spread now: GMX against 01 Exchange−0.177%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on GMX

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

Funding pays, the price is against you. GMX is 0.177% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.177% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 6.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ONDOUSD	0.4327	0.0104	pay 0.0013% / 1h	21m 06s	$356	$2K	10x
Short	GMX ONDO/USD [ETH-USDC]	0.4320	L +0.0570% / S −0.0202%	get 0.0025% / 1h	21m 06s	$493K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against 01 Exchange. 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 01 ExchangebpFee GMXbpOrdersPrice spread, now −0.177%Rate

Funding earned: $20.59
Price spread: −0.177% → 0.000%: −$17.75
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$16.16
Costs to cover: 0.190%
Break-even: 12.5 days

Slippage unknown: 01 Exchange: no order-book sample; GMX: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

01 Exchange and GMX: 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	−0.0242%	1h	0.4318	−0.221%	$2.5M	$7.8M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4320	−0.173%	$7K	—	150x	as long as short
dYdX ONDO-USD	+0.0013%	1h	0.4320	−0.182%	$242K	$137K	5x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.560%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4324	−0.079%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4327	−0.009%	$349K	$882K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4327	−0.007%	$36.1M	$26.4M	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4324	−0.072%	$773K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4323	−0.103%	$62.3M	$236.7M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4319	−0.194%	$67.4M	$126.1M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4326	−0.032%	$17.2M	$73.4M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4298	−0.689%	$71K	$82K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4324	−0.089%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4323	−0.102%	$12.1M	$16.5M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4322	−0.125%	$42.8M	$42.5M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4320	−0.171%	$12.0M	$10.6M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4325	−0.055%	$24.8M	$39.8M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4324	−0.079%	—	$23.7M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4321	−0.146%	$177K	$988K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4294	−0.777%	$648K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4307	−0.471%	$4K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4313	−0.335%	$398K	$1.3M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4306	−0.495%	$132K	$356K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4328	+0.005%	$65K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4321	−0.148%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4327	−0.009%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4322	−0.125%	$449	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4333	+0.129%	$128K	$429K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4323	−0.102%	$4.1M	$8.3M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4325	−0.062%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4320	−0.170%	$389K	$795K	25x	as long as short
01 Exchange ONDOUSDlong	+0.0104%	1h	0.4327	long leg	$356	$2K	10x
Aevo ONDO-PERP	+0.0104%	1h	0.4322	−0.125%	$37K	$13K	3x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0272%	1h	0.4323	−0.102%	$217K	$757K	50x	as long as short
Phoenix ONDO	+0.0332%	1h	0.4311	−0.388%	$34K	$223K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4321	−0.148%	$3.1M	$3.1M	75x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0445%	1h	0.4321	−0.148%	$18K	$362K	25x	as long as short
GMX ONDO/USD [ETH-USDC]short	L +0.0570% / S −0.0202%	1h	0.4320	−0.177%	$493K	—	100x
Reya ONDORUSDPERP	+0.1156%	1h	0.4326	−0.033%	$2K	—	20x	as long as short