ONDO

Alert

Funding spread now, next payment 16:00 UTC+0.9037%/8h

paid, last 24h+1.237%paid, last 5 days+1.941%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid 1.941% in total (about 152.7% 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	Orderly PERP_ONDO_USDC	0.4401	0.0093	pay 0.0047% / 4h	38m 34s	$24K	$6K	10x
Short	dYdX ONDO-USD	0.4399	0.9131	get 0.1141% / 1h	38m 34s	$244K	$101K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee OrderlybpFee dYdXbpOrdersRate

Funding earned: $1,897.87
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee dYdX: 5 bp × 2 orders: −$10
Net: $1,881.87
Break-even: 0.1 days

Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 12 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.035%
Avg gap 7d: —

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 Orderly no order-book sample	—	—	—	—	—
Sell dYdX live order book, 12 min ago	80.28 bp	85.3 bp −$85	97.5 bp −$975	330.5 bp −$33.1K	1094.2 bp −$547.1K

Orderly: 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 38 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate ONDO_USDT	−0.0020%	4h	$11.6M	$19.8M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	$35K	$238K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0007%	1h	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0015%	1h	$995	$134K	5.5x	as long as short
Phoenix ONDO	+0.0036%	1h	$27K	$224K	10x	as long as short
Orderly PERP_ONDO_USDClong	+0.0093%	4h	$24K	$6K	10x
Nado ONDO-PERP	+0.0100%	1h	$429K	$565K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	$676K	$1.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	$66.2M	$224.9M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	$69.4M	$117.8M	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	$18.1M	$81.1M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	$74K	$93K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	—	—	5x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	$46.7M	$45.1M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	$13.8M	$10.4M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	$24.8M	$43.9M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	—	$23.2M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	$273K	$761K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	$923K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	$5K	$317K	20x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	$184K	$355K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	$80K	$976K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	$458	$9K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	$129K	$569K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	$4.8M	$4.9M	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	$374K	$1.1M	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	$35K	—	3x	as long as short
Hyperliquid ONDO	+0.0284%	1h	$40.8M	$28.3M	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	$3.4M	$3.4M	75x	as long as short
01 Exchange ONDOUSD	+0.0360%	1h	$363	$1K	10x	as long as short
Lighter ONDO	+0.0408%	1h	$1.2M	$2.0M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0448%	1h	$340K	$811K	50x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0563% / S −0.0190%	1h	$501K	—	100x	as long as short
Kraken Futures PF_ONDOUSD	+0.0835%	1h	$3.5M	$4.9M	50x	as long as short
Reya ONDORUSDPERP	+0.1125%	1h	$2K	—	20x	as long as short
dYdX ONDO-USDshort	+0.9131%	1h	$244K	$101K	5x