ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: SoDEX against gTrade (Gains Network)−0.044%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 SoDEX

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

Funding pays, the price is against you. SoDEX is 0.044% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 36 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	0.4610	L +0.0003% / S −0.0008%	pay 0.0000% / 1h	23m 36s	$6K	—	150x
Short	SoDEX ONDO-USD	0.4608	0.0100	get 0.0013% / 1h	23m 36s	$479	$14K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.044%Rate

Funding earned: $20.28
Price spread: −0.044% → 0.000%: −$4.4
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$2.13
Costs to cover: 0.180%
Break-even: 7.7 days

Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

gTrade (Gains Network) and SoDEX: 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	−0.0867%	1h	0.4605	−0.104%	$2.8M	$8.0M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4603	−0.151%	$260K	$131K	5x	as long as short
gTrade (Gains Network) ONDO/USDlong	L +0.0003% / S −0.0008%	1h	0.4610	long leg	$6K	—	150x
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	−0.912%	$888	$216K	5.5x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4610	−0.001%	$25K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4612	+0.043%	$433K	$710K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4605	−0.103%	$731K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4602	−0.168%	$69.0M	$222.9M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4602	−0.174%	$74.3M	$119.6M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4603	−0.152%	$17.7M	$78.6M	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	0.4588	−0.482%	$73K	$91K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4609	−0.016%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4602	−0.174%	$12.1M	$16.7M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4603	−0.152%	$50.2M	$41.8M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4602	−0.174%	$14.3M	$10.9M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4603	−0.152%	$26.1M	$39.0M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4604	−0.131%	—	$743K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4605	−0.111%	$231K	$999K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4616	+0.124%	$820K	$1.9M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4598	−0.252%	$5K	$318K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4598	−0.261%	$431K	$970K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4595	−0.326%	$171K	$349K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4613	+0.075%	$74K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4611	+0.021%	—	$1.4M	20x	as long as short
SoDEX ONDO-USDshort	+0.0100%	1h	0.4608	−0.044%	$479	$14K	10x
HTX ONDO-USDT	+0.0100%	4h	0.4615	+0.108%	$135K	$492K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4605	−0.109%	$4.5M	$7.0M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4603	−0.153%	$7K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4604	−0.132%	$417K	$826K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4611	+0.021%	$40K	$13K	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0184%	1h	0.4612	+0.043%	$34K	$349K	25x	as long as short
Phoenix ONDO	+0.0244%	1h	0.4598	−0.254%	$38K	$248K	10x	as long as short
01 Exchange ONDOUSD	+0.0264%	1h	0.4609	−0.014%	$379	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4631	+0.455%	$300K	$827K	50x	as long as short
Hyperliquid ONDO	+0.0314%	1h	0.4607	−0.062%	$40.9M	$25.0M	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4615	+0.108%	$3.3M	$3.0M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0592% / S −0.0188%	1h	0.4610	−0.003%	$550K	—	100x	as long as short
Lighter ONDO	+0.0632%	1h	0.4612	+0.049%	$1.5M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1145%	1h	0.4611	+0.016%	$2K	—	20x	as long as short