ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h −1.329%

Price spread now: gTrade (Gains Network) against dYdX+0.025%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on gTrade (Gains Network)

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 for this trade now. Funding pays $0 a day on $10k at the current rate, and gTrade (Gains Network) is 0.025% dearer against dYdX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ONDO-USD	0.4325	0	get 0.0000% / 1h	41m 50s	$243K	$137K	5x
Short	gTrade (Gains Network) ONDO/USD	0.4326	L +0.0003% / S −0.0011%	get 0.0001% / 1h	41m 50s	$7K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against dYdX. 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 dYdXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.025%Rate

Funding earned: $2.24
Price spread: +0.025% → 0.000%: $2.47
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$15.28
Costs to cover: 0.200%
Break-even: 54.7 days

Slippage unknown: dYdX: live order book, 2 min ago; gTrade (Gains Network): 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 dYdX live order book, 2 min ago	33.44 bp	38.4 bp −$38	38.4 bp −$384	136.2 bp −$13.6K	708.6 bp −$354.3K
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 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	−0.0146%	1h	0.4325	+0.012%	$2.5M	$7.8M	50x	as long as short
dYdX ONDO-USDlong	0.0000%	1h	0.4325	long leg	$243K	$137K	5x
gTrade (Gains Network) ONDO/USDshort	L +0.0003% / S −0.0011%	1h	0.4326	+0.025%	$7K	—	150x
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.621%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4330	+0.106%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4324	−0.032%	$347K	$897K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4331	+0.151%	$775K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4330	+0.113%	$62.8M	$238.6M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4329	+0.095%	$67.4M	$126.0M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4332	+0.164%	$17.2M	$73.5M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4326	+0.023%	$71K	$82K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4325	−0.008%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4326	+0.025%	$12.4M	$16.0M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4329	+0.095%	$42.7M	$42.4M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4326	+0.025%	$11.9M	$10.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4330	+0.118%	$24.8M	$39.6M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4327	+0.049%	—	$763K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4327	+0.055%	$177K	$995K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4324	−0.027%	$643K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4331	+0.138%	$4K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4332	+0.156%	$401K	$1.4M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4331	+0.141%	$133K	$340K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4327	+0.058%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4326	+0.025%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4327	+0.049%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4326	+0.025%	$450	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4334	+0.210%	$128K	$429K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4327	+0.049%	$4.2M	$8.5M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4323	−0.044%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4325	+0.003%	$393K	$795K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4328	+0.072%	$38K	$13K	3x	as long as short
01 Exchange ONDOUSD	+0.0176%	1h	0.4327	+0.051%	$356	$2K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0213%	1h	0.4326	+0.025%	$18K	$362K	25x	as long as short
Hyperliquid ONDO	+0.0249%	1h	0.4333	+0.176%	$36.3M	$27.3M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0264%	1h	0.4339	+0.326%	$214K	$728K	50x	as long as short
Phoenix ONDO	+0.0313%	1h	0.4331	+0.148%	$34K	$223K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4327	+0.049%	$3.2M	$3.2M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0561% / S −0.0197%	1h	0.4325	+0.013%	$487K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1158%	1h	0.4326	+0.031%	$2K	—	20x	as long as short