ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against MEXC+0.046%94s7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs+$26as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$210.209% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.466%+$47 on $10k

Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.046%, 7d avg +0.027%

Together, before fees+0.435%+$44 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ONDO_USDT	0.4334	0.0100	pay 0.0050% / 4h	1h 43m	$42.9M	$42.3M	200x
Short	BloFin ONDO-USDT	0.4336	0.0340	get 0.0170% / 4h	1h 43m	$3.2M	$3.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.046%Rate

Funding earned: $50.4
Price spread: +0.046% → +0.027%: $1.89
Slippage, 4 orders: −$8.87
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $31.42
Costs to cover: 0.209%
Break-even: 2.6 days

Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 5 min ago.

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 MEXC live order book, 5 min ago	1.15 bp	1.2 bp −$1	3.6 bp −$36	16.6 bp −$1,658	93.4 bp −$46.7K
Sell BloFin live order book, 5 min ago	1.15 bp	9.5 bp −$9	10.3 bp −$103	29.5 bp −$2,947	95.5 bp −$47.7K

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	−0.0146%	1h	0.4328	−0.127%	$2.5M	$7.8M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4329	−0.105%	$243K	$137K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4332	−0.043%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.399%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4330	−0.088%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4333	−0.035%	$348K	$897K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4335	+0.026%	$775K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4332	−0.052%	$62.8M	$238.6M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4333	−0.023%	$67.5M	$126.2M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4335	+0.023%	$17.2M	$73.6M	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	0.4326	−0.187%	$71K	$82K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4332	−0.039%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4331	−0.069%	$12.4M	$16.0M	50x	as long as short
MEXC ONDO_USDTlong	+0.0100%	4h	0.4334	long leg	$42.9M	$42.3M	200x
KuCoin ONDOUSDTM	+0.0100%	4h	0.4327	−0.162%	$11.9M	$10.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4333	−0.023%	$24.8M	$39.6M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4332	−0.046%	—	$23.6M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4329	−0.106%	$177K	$995K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4324	−0.237%	$643K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4331	−0.073%	$4K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4332	−0.054%	$401K	$1.4M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4332	−0.046%	$133K	$340K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4335	+0.035%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4330	−0.092%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4329	−0.115%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4330	−0.092%	$450	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4340	+0.138%	$128K	$429K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4331	−0.069%	$4.2M	$8.5M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4327	−0.169%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4334	+0.001%	$393K	$796K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4332	−0.052%	$38K	$13K	3x	as long as short
01 Exchange ONDOUSD	+0.0176%	1h	0.4333	−0.016%	$357	$2K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0212%	1h	0.4331	−0.069%	$18K	$362K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0264%	1h	0.4339	+0.115%	$214K	$728K	50x	as long as short
Hyperliquid ONDO	+0.0294%	1h	0.4330	−0.083%	$36.3M	$27.3M	10x	as long as short
Phoenix ONDO	+0.0313%	1h	0.4331	−0.062%	$34K	$223K	10x	as long as short
BloFin ONDO-USDTshort	+0.0340%	4h	0.4336	+0.046%	$3.2M	$3.2M	75x
GMX ONDO/USD [ETH-USDC]	L +0.0562% / S −0.0197%	1h	0.4331	−0.068%	$487K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1158%	1h	0.4331	−0.063%	$2K	—	20x	as long as short