ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0441%/8h= −48.3% APRnext payment −$0.55 per $10,000 · paid last 24h +0.042%

Price spread now: 01 Exchange against Deribit−0.164%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on 01 Exchange

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—needs both histories

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and 01 Exchange is 0.164% cheaper against Deribit than usual: you would sell low and buy high (−$16 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	Deribit ONDO_USDC-PERPETUAL	0.4377	0.0665	pay 0.0083% / 1h	39m 36s	$23K	$346K	25x
Short	01 Exchange ONDOUSD	0.4370	0.0224	get 0.0028% / 1h	39m 36s	$360	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Deribit. 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 DeribitbpFee 01 ExchangebpOrdersPrice spread, now −0.164%Rate

Funding earned: −$92.61
Price spread: −0.164% → 0.000%: −$16.45
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$123.06
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 19 min ago; 01 Exchange: 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 Deribit live order book, 19 min ago	9.14 bp	14.9 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4372	−0.112%	$7K	—	150x	as long as short
Kraken Futures PF_ONDOUSD	+0.0033%	1h	0.4370	−0.160%	$2.6M	$7.9M	50x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+4.364%	$888	$216K	5.5x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4374	−0.069%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4376	−0.011%	$370K	$843K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4377	−0.002%	$37.5M	$24.5M	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4372	−0.113%	$63.0M	$229.6M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4369	−0.183%	$69.0M	$124.1M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4373	−0.091%	$17.0M	$72.7M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4384	+0.167%	$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	0.4368	−0.210%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4370	−0.160%	$11.5M	$16.2M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4372	−0.114%	$45.7M	$41.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4374	−0.069%	$12.7M	$10.7M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4371	−0.137%	$24.9M	$39.7M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4372	−0.114%	—	$21.9M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4371	−0.144%	$187K	$981K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4369	−0.190%	$708K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4378	+0.016%	$4K	$315K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4376	−0.033%	$410K	$1.0M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4372	−0.114%	$135K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4378	+0.014%	$67K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4380	+0.069%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4372	−0.114%	$454	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4383	+0.137%	$127K	$477K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4370	−0.160%	$4.2M	$7.8M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0102%	8h	0.4368	−0.195%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4367	−0.225%	$396K	$794K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4377	0.000%	$38K	$13K	3x	as long as short
Lighter ONDO	+0.0112%	1h	0.4379	+0.034%	$1.1M	$2.4M	10x	as long as short
Aster ONDOUSDT	+0.0215%	4h	0.4373	−0.081%	$742K	$2.4M	20x	as long as short
dYdX ONDO-USD	+0.0217%	1h	0.4373	−0.091%	$247K	$129K	5x	as long as short
01 Exchange ONDOUSDshort	+0.0224%	1h	0.4370	−0.164%	$360	$2K	10x
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4394	+0.388%	$276K	$718K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4377	0.000%	$3.1M	$3.0M	75x	as long as short
Phoenix ONDO	+0.0365%	1h	0.4374	−0.080%	$35K	$223K	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0606% / S −0.0219%	1h	0.4373	−0.090%	$520K	—	100x	as long as short
Deribit ONDO_USDC-PERPETUALlong	+0.0665%	1h	0.4377	long leg	$23K	$346K	25x
Reya ONDORUSDPERP	+0.1151%	1h	0.4376	−0.019%	$2K	—	20x	as long as short