ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0103%/8h= +11.3% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%

Price spread now: GMX against ApeX Omni−0.019%52s7-day average −0.048% · you buy dearer than you sell

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

Long on ApeX Omni Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.089%+$9 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.019%, 7d avg −0.048%

Together, before fees+0.118%+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.029% dearer against ApeX Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.048%. The two prices were read 52 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	ApeX Omni ONDOUSDT	0.4322	0.0100	pay 0.0013% / 1h	5m 25s	$134K	$340K	50x
Short	GMX ONDO/USD [ETH-USDC]	0.4321	L +0.0573% / S −0.0203%	get 0.0025% / 1h	5m 25s	$494K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against ApeX 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 ApeX OmnibpFee GMXbpOrdersPrice spread, now −0.019%Rate

Funding earned: $21.72
Price spread: −0.019% → −0.048%: $2.9
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $2.62
Costs to cover: 0.220%
Break-even: 6.2 days

Slippage unknown: ApeX Omni: live order book, 32 min ago; 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 ApeX Omni live order book, 32 min ago	9.27 bp	15.7 bp −$16	35.3 bp −$353	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	−0.0176%	1h	0.4323	+0.015%	$2.5M	$7.7M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4323	+0.012%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.692%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4327	+0.116%	$1.1M	$2.3M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4326	+0.087%	$346K	$889K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4328	+0.139%	$763K	$2.8M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4326	+0.093%	$63.1M	$233.9M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4326	+0.093%	$68.2M	$122.1M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4327	+0.116%	$17.3M	$71.9M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4329	+0.164%	$71K	$81K	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	0.4326	+0.085%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4326	+0.093%	$13.0M	$15.9M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4326	+0.093%	$44.2M	$42.7M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4326	+0.093%	$12.1M	$10.4M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4328	+0.139%	$24.7M	$36.7M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4326	+0.093%	—	$778K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4324	+0.037%	$176K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4323	+0.021%	$679K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4321	−0.018%	$5K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4323	+0.021%	$408K	$1.6M	10x	as long as short
ApeX Omni ONDOUSDTlong	+0.0100%	1h	0.4322	long leg	$134K	$340K	50x
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4328	+0.146%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4324	+0.046%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4325	+0.069%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4325	+0.069%	$2K	$15K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4330	+0.185%	$128K	$369K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4322	0.000%	$4.2M	$8.9M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4323	+0.012%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4326	+0.103%	$360K	$818K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4327	+0.108%	$38K	$13K	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0213%	1h	0.4325	+0.069%	$18K	$351K	25x	as long as short
01 Exchange ONDOUSD	+0.0264%	1h	0.4329	+0.153%	$356	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4325	+0.069%	$214K	$733K	50x	as long as short
Phoenix ONDO	+0.0315%	1h	0.4328	+0.143%	$35K	$221K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4319	−0.069%	$3.1M	$3.1M	75x	as long as short
Hyperliquid ONDO	+0.0414%	1h	0.4331	+0.217%	$36.6M	$27.2M	10x	as long as short
GMX ONDO/USD [ETH-USDC]short	L +0.0573% / S −0.0203%	1h	0.4321	−0.019%	$494K	—	100x
Reya ONDORUSDPERP	+0.1161%	1h	0.4327	+0.118%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.1713%	1h	0.4323	+0.012%	$243K	$155K	5x	as long as short