ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h −0.073%

Price spread now: 01 Exchange against Lighter−0.124%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 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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 pays, the price is against you. 01 Exchange is 0.124% cheaper against Lighter than usual: you would sell low and buy high (spread −0.124% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 2.3 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ONDO	0.4368	0.0096	pay 0.0012% / 1h	21m 00s	$1.1M	$2.4M	10x
Short	01 Exchange ONDOUSD	0.4362	0.0272	get 0.0034% / 1h	21m 00s	$359	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.124%Rate

Funding earned: $36.96
Price spread: −0.124% → 0.000%: −$12.36
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $17.6
Costs to cover: 0.070%
Break-even: 3.7 days

Slippage unknown: Lighter: live order book, 6 min ago; 01 Exchange: 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, 6 min ago	3.83 bp	4.0 bp −$4	34.5 bp −$345	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.0175%	1h	0.4364	−0.091%	$2.5M	$7.7M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4352	−0.354%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+4.588%	$888	$216K	5.5x	as long as short
Lighter ONDOlong	+0.0096%	1h	0.4368	long leg	$1.1M	$2.4M	10x
Nado ONDO-PERP	+0.0100%	1h	0.4360	−0.168%	$344K	$889K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4364	−0.082%	$767K	$2.8M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4362	−0.128%	$63.6M	$232.7M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4359	−0.197%	$68.1M	$121.3M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4358	−0.220%	$17.4M	$71.4M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4309	−1.344%	$71K	$79K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx ONDO/USDC	+0.0100%	1h	0.4354	−0.304%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4362	−0.128%	$13.4M	$15.2M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4361	−0.151%	$43.6M	$42.3M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4364	−0.082%	$12.3M	$10.2M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4358	−0.220%	$25.2M	$36.0M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4363	−0.105%	—	$23.2M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4363	−0.112%	$181K	$999K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4300	−1.556%	$676K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4343	−0.573%	$5K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4350	−0.410%	$403K	$1.7M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4345	−0.517%	$134K	$339K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4358	−0.211%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4363	−0.105%	$24K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4366	−0.037%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4365	−0.060%	$2K	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4372	+0.101%	$132K	$369K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4362	−0.128%	$4.3M	$9.1M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4357	−0.251%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4365	−0.049%	$363K	$824K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4368	−0.002%	$38K	$13K	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0208%	1h	0.4366	−0.037%	$29K	$360K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0256%	1h	0.4364	−0.082%	$215K	$717K	50x	as long as short
01 Exchange ONDOUSDshort	+0.0272%	1h	0.4362	−0.124%	$359	$2K	10x
Phoenix ONDO	+0.0277%	1h	0.4351	−0.387%	$35K	$218K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4361	−0.151%	$3.2M	$3.1M	75x	as long as short
Hyperliquid ONDO	+0.0472%	1h	0.4365	−0.050%	$36.7M	$27.7M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0584% / S −0.0208%	1h	0.4360	−0.183%	$504K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1163%	1h	0.4362	−0.121%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.3379%	1h	0.4355	−0.282%	$249K	$159K	5x	as long as short