ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0113%/8h= −12.4% APRnext payment −$0.57 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Aster−0.114%7-day average −0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$1391.389% of the position

Long on Aster Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.114%, 7d avg −0.060%

Together, before fees−0.060%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.054% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.060%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ONDOUSDT	0.4381	0.0213	pay 0.0107% / 4h	40m 29s	$744K	$2.4M	20x
Short	BingX ONDO-USDC	0.4376	0.0100	get 0.0050% / 4h	40m 29s	—	$763K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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 AsterbpFee BingXbpOrdersPrice spread, now −0.114%Rate

Funding earned: −$23.79
Price spread: −0.114% → −0.060%: −$5.43
Slippage, 4 orders: −$120.88
Fee Aster: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$168.1
Costs to cover: 1.389%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; BingX: live order book, 3 min ago.

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 Aster live order book, 3 min ago	1.14 bp	7.5 bp −$7	42.3 bp −$423	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	3.42 bp	65.5 bp −$65	100.4 bp −$1,004	718.2 bp −$71.8K	1046.9 bp −$523.5K

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
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4369	−0.277%	$7K	—	150x	as long as short
Kraken Futures PF_ONDOUSD	+0.0033%	1h	0.4371	−0.229%	$2.6M	$7.9M	50x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+4.268%	$888	$216K	5.5x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4371	−0.228%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4376	−0.103%	$370K	$843K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4380	−0.034%	$37.6M	$24.6M	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4379	−0.046%	$63.0M	$229.4M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4376	−0.114%	$69.2M	$124.0M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4377	−0.091%	$17.0M	$72.7M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4381	−0.002%	$72K	$84K	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	0.4377	−0.086%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4376	−0.114%	$11.5M	$16.2M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4377	−0.091%	$45.8M	$41.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4376	−0.114%	$12.7M	$10.7M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4377	−0.091%	$25.0M	$39.7M	50x	as long as short
BingX ONDO-USDCshort	+0.0100%	4h	0.4376	−0.114%	—	$763K	—
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4375	−0.132%	$187K	$981K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4369	−0.281%	$708K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4378	−0.075%	$4K	$315K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4376	−0.117%	$410K	$1.0M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4376	−0.114%	$135K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4378	−0.078%	$67K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4373	−0.183%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4373	−0.183%	$455	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4380	−0.023%	$127K	$477K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4372	−0.205%	$4.2M	$7.8M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0103%	8h	0.4378	−0.070%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4377	−0.094%	$395K	$793K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4374	−0.157%	$38K	$13K	3x	as long as short
Lighter ONDO	+0.0120%	1h	0.4382	+0.027%	$1.1M	$2.4M	10x	as long as short
Aster ONDOUSDTlong	+0.0213%	4h	0.4381	long leg	$744K	$2.4M	20x
01 Exchange ONDOUSD	+0.0224%	1h	0.4381	+0.005%	$361	$2K	10x	as long as short
dYdX ONDO-USD	+0.0228%	1h	0.4378	−0.069%	$248K	$129K	5x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4394	+0.297%	$276K	$718K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4377	−0.091%	$3.1M	$3.0M	75x	as long as short
Phoenix ONDO	+0.0365%	1h	0.4374	−0.171%	$35K	$223K	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0606% / S −0.0219%	1h	0.4369	−0.285%	$519K	—	100x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0665%	1h	0.4374	−0.160%	$23K	$346K	25x	as long as short
Reya ONDORUSDPERP	+0.1151%	1h	0.4376	−0.110%	$2K	—	20x	as long as short