ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0504%/8h= +55.2% APRnext payment +$0.63 per $10,000 · paid last 24h +0.106%

Price spread now: Lighter against 01 Exchange+0.125%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on Lighter

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 airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Lighter is 0.125% dearer against 01 Exchange than usual: you sell high and buy low: +$13 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	01 Exchange ONDOUSD	0.4396	0.0376	pay 0.0047% / 1h	40m 58s	$362	$2K	10x
Short	Lighter ONDO	0.4401	0.0880	get 0.0110% / 1h	40m 58s	$1.4M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.125%Rate

Funding earned: $105.84
Price spread: +0.125% → 0.000%: $12.51
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: $111.35
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 6 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Lighter live order book, 6 min ago	5.12 bp	9.9 bp −$10	37.2 bp −$372	doesn't fit	doesn't fit

01 Exchange: 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
dYdX ONDO-USD	0.0000%	1h	0.4392	−0.077%	$249K	$129K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4395	−0.022%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+3.917%	$888	$216K	5.5x	as long as short
Kraken Futures PF_ONDOUSD	+0.0061%	1h	0.4392	−0.080%	$2.6M	$8.1M	50x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4392	−0.086%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4397	+0.027%	$373K	$837K	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4398	+0.048%	$63.8M	$225.8M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4397	+0.027%	$69.4M	$122.6M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4400	+0.096%	$17.0M	$71.9M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4395	−0.014%	$72K	$86K	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	0.4395	−0.024%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4394	−0.041%	$11.6M	$16.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4396	+0.005%	$47.0M	$41.2M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4394	−0.041%	$12.9M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4399	+0.073%	$25.1M	$39.6M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4395	−0.018%	—	$21.9M	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4395	−0.026%	$711K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4405	+0.202%	$5K	$318K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4410	+0.312%	$407K	$983K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4405	+0.209%	$135K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4398	+0.045%	$70K	$1.3M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4397	+0.027%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4394	−0.041%	$457	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4400	+0.096%	$129K	$476K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4395	−0.018%	$4.2M	$7.6M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0103%	8h	0.4393	−0.068%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4391	−0.107%	$398K	$789K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4395	−0.007%	$38K	$13K	3x	as long as short
Hyperliquid ONDO	+0.0122%	1h	0.4397	+0.032%	$38.2M	$24.4M	10x	as long as short
Aster ONDOUSDT	+0.0127%	4h	0.4400	+0.094%	$711K	$2.3M	20x	as long as short
Backpack ONDO_USDC_PERP	+0.0183%	1h	0.4395	−0.009%	$190K	$980K	15x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0205%	1h	0.4393	−0.064%	$23K	$349K	25x	as long as short
Phoenix ONDO	+0.0272%	1h	0.4410	+0.325%	$35K	$225K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4396	+0.005%	$3.1M	$3.0M	75x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0360%	1h	0.4405	+0.209%	$283K	$703K	50x	as long as short
01 Exchange ONDOUSDlong	+0.0376%	1h	0.4396	long leg	$362	$2K	10x
GMX ONDO/USD [ETH-USDC]	L +0.0551% / S −0.0190%	1h	0.4394	−0.037%	$485K	—	100x	as long as short
Lighter ONDOshort	+0.0880%	1h	0.4401	+0.125%	$1.4M	$2.1M	10x
Reya ONDORUSDPERP	+0.1149%	1h	0.4396	+0.014%	$2K	—	20x	as long as short