ONDO

Alert

Funding spread now, next payment 17:00 UTC+0.0874%/8h

paid, last 24h−0.028%paid, last 3 days−0.124%to open and closeno order book

Long on Bybit Short on gTrade (Gains Network)

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.124% in total (about -15.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ONDOUSDT	0.4499	−0.0863	get 0.0432% / 4h	3h 42m	$70.5M	$118.5M	50x
Short	gTrade (Gains Network) ONDO/USD	0.4509	L +0.0003% / S −0.0010%	get 0.0001% / 1h	42m 02s	$10K	—	150x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee gTrade (Gains Network)bpOrdersRate

Funding earned: $183.45
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $162.45
Break-even: 0.8 days

Slippage unknown: Bybit: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.223%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Bybit live order book, 3 min ago	1.11 bp	8.4 bp −$8	16.7 bp −$167	63.9 bp −$6,388	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit ONDOUSDTlong	−0.0863%	4h	$70.5M	$118.5M	50x
Phemex ONDOUSDT	−0.0619%	4h	$5.0M	$5.3M	50x	as long as short
Gate ONDO_USDT	−0.0076%	4h	$11.8M	$18.9M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	$32K	$321K	25x	as long as short
gTrade (Gains Network) ONDO/USDshort	L +0.0003% / S −0.0010%	1h	$10K	—	150x
Variational Omni ONDO	+0.0048%	4h	$934K	$2.0M	—	as long as short
Orderly PERP_ONDO_USDC	+0.0093%	4h	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	$492K	$617K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	$752K	$1.8M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	$68.4M	$230.0M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX ONDO-USDT-SWAP	+0.0100%	4h	$18.5M	$83.9M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	$75K	$95K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	—	—	5x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	$49.3M	$46.5M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	$13.8M	$10.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	$25.4M	$44.2M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	—	$23.6M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	$238K	$867K	15x	as long as short
edgeX ONDOUSDC	+0.0100%	4h	$5K	$319K	20x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	$181K	$387K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	$90K	$1.0M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	$468	$15K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	$132K	$487K	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	$6K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	$381K	$1.1M	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	$36K	—	3x	as long as short
Phoenix ONDO	+0.0162%	1h	$28K	$244K	10x	as long as short
Hyperliquid ONDO	+0.0194%	1h	$41.0M	$28.2M	10x	as long as short
01 Exchange ONDOUSD	+0.0256%	1h	$372	$1K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	$3.4M	$3.5M	75x	as long as short
Lighter ONDO	+0.0464%	1h	$1.2M	$2.0M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0464%	1h	$358K	$850K	50x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0567% / S −0.0189%	1h	$512K	—	100x	as long as short
Kraken Futures PF_ONDOUSD	+0.1023%	1h	$3.6M	$5.1M	50x	as long as short
Reya ONDORUSDPERP	+0.1127%	1h	$2K	—	20x	as long as short
Injective ONDO/USDC PERP	+0.1162%	1h	$1K	$85K	5.5x	as long as short
dYdX ONDO-USD	+0.2430%	1h	$251K	$105K	5x	as long as short