ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0276%/8h= +30.2% APRnext payment +$0.34 per $10,000 · paid last 24h −0.025%

Price spread now: Ondo Perps against Kraken Futures−0.074%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.261%−$26 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.074% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 21 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.261%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ONDOUSD	0.4340	−0.0176	get 0.0022% / 1h	36m 37s	$2.5M	$7.8M	50x
Short	Ondo Perps ONDO-USD.P	0.4337	0.0100	get 0.0013% / 1h	36m 37s	$71K	$79K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Kraken Futures. 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 Kraken FuturesbpFee Ondo PerpsbpOrdersPrice spread, now −0.074%Rate

Funding earned: $57.95
Price spread: −0.074% → 0.000%: −$7.39
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $35.57
Costs to cover: 0.150%
Break-even: 2.7 days

Slippage unknown: Kraken Futures: live order book, 2 min ago; Ondo Perps: 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 Kraken Futures live order book, 2 min ago	2.31 bp	7.3 bp −$7	15.6 bp −$156	86.1 bp −$8,610	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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_ONDOUSDlong	−0.0176%	1h	0.4340	long leg	$2.5M	$7.8M	50x
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4340	−0.009%	$18K	$351K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4339	−0.034%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.244%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4335	−0.129%	$1.1M	$2.3M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4331	−0.205%	$345K	$887K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4333	−0.171%	$759K	$2.8M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4332	−0.201%	$63.3M	$233.5M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4330	−0.240%	$68.2M	$121.7M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4331	−0.217%	$17.3M	$71.6M	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.Pshort	+0.0100%	1h	0.4337	−0.074%	$71K	$79K	10x
RISEx ONDO/USDC	+0.0100%	1h	0.4340	−0.018%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4331	−0.217%	$13.2M	$15.0M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4331	−0.217%	$44.5M	$41.9M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4332	−0.194%	$12.2M	$10.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4331	−0.217%	$24.9M	$36.4M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4332	−0.194%	—	$780K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4339	−0.044%	$179K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4327	−0.314%	$680K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4332	−0.201%	$5K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4332	−0.194%	$405K	$1.6M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4331	−0.217%	$134K	$340K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4330	−0.228%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4339	−0.032%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4340	−0.009%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4340	−0.009%	$2K	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4349	+0.198%	$129K	$369K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4341	+0.014%	$4.3M	$9.0M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4331	−0.213%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4330	−0.231%	$363K	$821K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4341	+0.014%	$38K	$13K	3x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0256%	1h	0.4340	−0.009%	$214K	$720K	50x	as long as short
Phoenix ONDO	+0.0277%	1h	0.4340	−0.007%	$35K	$218K	10x	as long as short
01 Exchange ONDOUSD	+0.0280%	1h	0.4333	−0.173%	$357	$2K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4341	+0.014%	$3.2M	$3.2M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0583% / S −0.0208%	1h	0.4339	−0.043%	$502K	—	100x	as long as short
Hyperliquid ONDO	+0.0612%	1h	0.4336	−0.092%	$36.5M	$27.5M	10x	as long as short
Reya ONDORUSDPERP	+0.1162%	1h	0.4340	−0.003%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.2870%	1h	0.4333	−0.166%	$243K	$155K	5x	as long as short