ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.161%

Price spread now: SoDEX against Lighter−0.048%7-day average — · you buy dearer than you sell

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

Long on Lighter 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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.048% cheaper against Lighter than usual: you would sell low and buy high, −$5 on $10k if it 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	Lighter ONDO	0.4357	0.0096	pay 0.0012% / 1h	36m 47s	$1.1M	$2.4M	10x
Short	SoDEX ONDO-USD	0.4355	0.0100	get 0.0013% / 1h	36m 47s	$453	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Lighter. 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 LighterbpFee SoDEXbpOrdersPrice spread, now −0.048%Rate

Funding earned: $0.84
Price spread: −0.048% → 0.000%: −$4.82
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$11.98
Costs to cover: 0.080%
Break-even: 106.8 days

Slippage unknown: Lighter: live order book, 5 min ago; 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 Lighter live order book, 5 min ago	3.65 bp	6.8 bp −$7	28.1 bp −$281	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

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
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4350	−0.165%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+4.840%	$888	$216K	5.5x	as long as short
Kraken Futures PF_ONDOUSD	+0.0033%	1h	0.4352	−0.118%	$2.6M	$7.9M	50x	as long as short
Lighter ONDOlong	+0.0096%	1h	0.4357	long leg	$1.1M	$2.4M	10x
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4350	−0.163%	$23K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4349	−0.186%	$367K	$852K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4355	−0.044%	$37.3M	$24.5M	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4354	−0.071%	$62.8M	$230.2M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4349	−0.186%	$67.4M	$126.0M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4351	−0.140%	$16.9M	$72.5M	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	0.4384	+0.624%	$72K	$84K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4350	−0.168%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4352	−0.117%	$11.5M	$16.3M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4354	−0.071%	$45.4M	$41.7M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4353	−0.094%	$12.6M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4353	−0.094%	$24.9M	$39.9M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4354	−0.071%	—	$21.9M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4351	−0.133%	$186K	$981K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4369	+0.266%	$708K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4371	+0.322%	$4K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4376	+0.423%	$410K	$1.0M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4371	+0.319%	$135K	$355K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4351	−0.133%	$66K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4355	−0.048%	—	$1.4M	20x	as long as short
SoDEX ONDO-USDshort	+0.0100%	1h	0.4355	−0.048%	$453	$13K	10x
HTX ONDO-USDT	+0.0100%	4h	0.4361	+0.090%	$126K	$478K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4356	−0.025%	$4.2M	$7.8M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0102%	8h	0.4353	−0.084%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4354	−0.067%	$394K	$797K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4356	−0.023%	$38K	$13K	3x	as long as short
Aster ONDOUSDT	+0.0207%	4h	0.4356	−0.034%	$733K	$2.4M	20x	as long as short
01 Exchange ONDOUSD	+0.0216%	1h	0.4351	−0.129%	$358	$2K	10x	as long as short
dYdX ONDO-USD	+0.0267%	1h	0.4353	−0.096%	$246K	$129K	5x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4342	−0.347%	$269K	$720K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4357	−0.002%	$3.1M	$2.9M	75x	as long as short
Phoenix ONDO	+0.0365%	1h	0.4356	−0.021%	$35K	$223K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0440%	1h	0.4353	−0.094%	$18K	$367K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0604% / S −0.0219%	1h	0.4350	−0.171%	$517K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1151%	1h	0.4348	−0.204%	$2K	—	20x	as long as short