ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0101%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Extended against gTrade (Gains Network)−0.036%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Extended

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.036% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 29 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ONDO/USD	0.4356	L +0.0003% / S −0.0011%	pay 0.0000% / 1h	3m 41s	$7K	—	150x
Short	Extended ONDO-USD	0.4354	0.0104	get 0.0013% / 1h	3m 41s	$393K	$795K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ExtendedbpOrdersPrice spread, now −0.036%Rate

Funding earned: $21.12
Price spread: −0.036% → 0.000%: −$3.64
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $2.48
Costs to cover: 0.150%
Break-even: 6.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 44 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Extended live order book, 44 min ago	3.45 bp	6.0 bp −$6	15.3 bp −$153	doesn't fit	doesn't fit

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	−0.0240%	1h	0.4355	−0.036%	$2.6M	$7.8M	50x	as long as short
gTrade (Gains Network) ONDO/USDlong	L +0.0003% / S −0.0011%	1h	0.4356	long leg	$7K	—	150x
dYdX ONDO-USD	+0.0009%	1h	0.4357	+0.012%	$245K	$137K	5x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+4.865%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4359	+0.063%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4358	+0.045%	$348K	$895K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4359	+0.067%	$36.8M	$27.1M	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4358	+0.049%	$777K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4356	+0.005%	$63.4M	$238.4M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4354	−0.047%	$68.0M	$126.5M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4355	−0.024%	$17.3M	$74.2M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4357	+0.015%	$71K	$83K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4354	−0.054%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4355	−0.024%	$12.3M	$16.6M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4356	−0.001%	$43.4M	$42.7M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4354	−0.047%	$12.1M	$10.6M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4355	−0.024%	$25.0M	$39.8M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4355	−0.024%	—	$23.7M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4356	−0.001%	$181K	$992K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4365	+0.199%	$647K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4364	+0.176%	$4K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4362	+0.136%	$407K	$1.3M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4361	+0.113%	$133K	$356K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4360	+0.088%	$61K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4358	+0.045%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4358	+0.045%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4357	+0.022%	$453	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4367	+0.251%	$129K	$429K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4355	−0.024%	$4.2M	$8.4M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4354	−0.049%	$6K	—	10x	as long as short
Extended ONDO-USDshort	+0.0104%	1h	0.4354	−0.036%	$393K	$795K	25x
Aevo ONDO-PERP	+0.0104%	1h	0.4361	+0.115%	$38K	$13K	3x	as long as short
01 Exchange ONDOUSD	+0.0160%	1h	0.4360	+0.100%	$359	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0272%	1h	0.4366	+0.228%	$217K	$756K	50x	as long as short
Phoenix ONDO	+0.0332%	1h	0.4371	+0.341%	$35K	$223K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4361	+0.113%	$3.2M	$3.2M	75x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0439%	1h	0.4358	+0.045%	$18K	$362K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0572% / S −0.0202%	1h	0.4356	+0.007%	$496K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1157%	1h	0.4358	+0.054%	$2K	—	20x	as long as short