ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0252%/8h= −27.6% APRnext payment −$0.31 per $10,000 · paid last 24h −0.054%

Price spread now: Polymarket Perps against 01 Exchange−0.052%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 Polymarket Perps

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 against this trade now: funding costs −$8 a day on $10k at the current rate, and Polymarket Perps is 0.052% cheaper against 01 Exchange than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ONDOUSD	0.4421	0.0352	pay 0.0044% / 1h	28m 48s	$364	$2K	10x
Short	Polymarket Perps ONDO-USD	0.4419	0.0100	get 0.0013% / 1h	28m 48s	$93K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$52.92
Price spread: −0.052% → 0.000%: −$5.2
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$73.12
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Polymarket Perps: live order book, 5 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 Polymarket Perps live order book, 5 min ago	2.27 bp	6.3 bp −$6	7.1 bp −$71	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 38 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	−0.0363%	1h	0.4398	−0.505%	$2.6M	$8.1M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4408	−0.283%	$249K	$130K	5x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4403	−0.403%	$23K	$349K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4406	−0.328%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+3.330%	$888	$216K	5.5x	as long as short
Orderly PERP_ONDO_USDC	+0.0099%	4h	0.4407	−0.312%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4414	−0.143%	$395K	$853K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4413	−0.185%	$670K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4410	−0.246%	$64.2M	$231.6M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4411	−0.222%	$69.9M	$125.4M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4410	−0.244%	$17.1M	$75.7M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4408	−0.296%	$71K	$89K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4416	−0.107%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4407	−0.312%	$11.6M	$16.3M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4411	−0.222%	$44.1M	$42.8M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4408	−0.290%	$13.1M	$11.1M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4409	−0.267%	$25.0M	$40.4M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4409	−0.267%	—	$763K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4408	−0.285%	$201K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4409	−0.271%	$767K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4408	−0.280%	$5K	$320K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4398	−0.513%	$417K	$976K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4409	−0.267%	$136K	$367K	50x	as long as short
Polymarket Perps ONDO-USDshort	+0.0100%	1h	0.4419	−0.052%	$93K	$1.4M	10x
SunX ONDO-USDT	+0.0100%	4h	0.4404	−0.380%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4402	−0.425%	$458	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4423	+0.050%	$129K	$512K	50x	as long as short
Paradex ONDO-USD-PERP	+0.0103%	8h	0.4409	−0.275%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4408	−0.299%	$398K	$821K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4406	−0.335%	$38K	$13K	3x	as long as short
Hyperliquid ONDO	+0.0283%	1h	0.4413	−0.185%	$39.0M	$25.6M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4422	+0.027%	$284K	$757K	50x	as long as short
Phoenix ONDO	+0.0338%	1h	0.4409	−0.267%	$35K	$231K	10x	as long as short
01 Exchange ONDOUSDlong	+0.0352%	1h	0.4421	long leg	$364	$2K	10x
GMX ONDO/USD [ETH-USDC]	L +0.0551% / S −0.0190%	1h	0.4407	−0.320%	$487K	—	100x	as long as short
Phemex ONDOUSDT	+0.0744%	4h	0.4403	−0.403%	$4.2M	$7.4M	50x	as long as short
Lighter ONDO	+0.0816%	1h	0.4415	−0.138%	$1.4M	$2.1M	10x	as long as short
Reya ONDORUSDPERP	+0.1147%	1h	0.4410	−0.239%	$2K	—	20x	as long as short