ONDO

Alert

Funding spread now, next payment 14:00 UTC−0.0534%/8h

paid, last 24h−0.089%paid, last 7 days−0.341%to open and close $10k−$52

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.341% in total (about -17.8% 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	Hyperliquid ONDO	0.4523	0.0404	pay 0.0050% / 1h	39m 44s	$42.4M	$26.9M	10x
Short	Gate ONDO_USDT	0.4516	−0.0130	pay 0.0065% / 4h	2h 39m	$11.8M	$18.2M	50x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee GatebpOrdersRate

Funding earned: −$112.08
Slippage, 4 orders: −$27.76
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$163.84
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 5 min ago; Gate: live order book, 5 min ago.

Price risk

price view

Price gap now: −0.155%
Avg gap 7d: −0.094%

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 Hyperliquid live order book, 5 min ago	0.11 bp	10.0 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	2.21 bp	17.0 bp −$17	24.8 bp −$248	46.0 bp −$4,599	78.1 bp −$39.0K

ONDO on 38 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ONDO/USDC PERP	−0.0499%	1h	$2K	$118K	5.5x	as long as short
Gate ONDO_USDTshort	−0.0130%	4h	$11.8M	$18.2M	50x
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	$36K	$225K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	$6K	—	150x	as long as short
Phoenix ONDO	+0.0053%	1h	$28K	$194K	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0093%	4h	$27K	$4K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	$473K	$398K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	$724K	$1.3M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	$67.5M	$205.0M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	$69.9M	$105.1M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX ONDO-USDT-SWAP	+0.0100%	4h	$18.8M	$74.7M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	$74K	$102K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	—	—	5x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	$51.8M	$42.9M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	$14.3M	$9.9M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	$25.3M	$40.5M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	—	$764K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	$258K	$361K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	$962K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	$3K	$313K	20x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	$197K	$330K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	$67K	$713K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	—	$1.3M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	$2K	$9K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	$130K	$616K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	$4.9M	$4.3M	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	$355K	$765K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	$36K	—	3x	as long as short
01 Exchange ONDOUSD	+0.0280%	1h	$372	$1K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	$3.4M	$3.4M	75x	as long as short
Hyperliquid ONDOlong	+0.0404%	1h	$42.4M	$26.9M	10x
Lighter ONDO	+0.0424%	1h	$1.2M	$1.7M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0552%	1h	$366K	$758K	50x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0566% / S −0.0187%	1h	$509K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1121%	1h	$2K	—	20x	as long as short
Kraken Futures PF_ONDOUSD	+0.1858%	1h	$3.6M	$4.7M	50x	as long as short
dYdX ONDO-USD	+0.2813%	1h	$160K	$11K	5x	as long as short