ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: edgeX against Orderly+0.259%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.259% dearer against Orderly than usual: you sell high and buy low, +$26 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	Orderly PERP_ONDO_USDC	0.4406	0.0099	pay 0.0050% / 4h	2h 19m	$24K	$6K	10x
Short	edgeX ONDOUSDC	0.4417	0.0100	get 0.0050% / 4h	2h 19m	$5K	$319K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Orderly. 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 OrderlybpFee edgeXbpOrdersPrice spread, now +0.259%Rate

Funding earned: $0.15
Price spread: +0.259% → 0.000%: $25.88
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $11.03
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 49 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell edgeX live order book, 49 min ago	4.35 bp	8.9 bp −$9	15.0 bp −$150	doesn't fit	doesn't fit

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: 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	−0.0362%	1h	0.4407	+0.025%	$2.6M	$8.1M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4402	−0.081%	$249K	$130K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4405	−0.023%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+3.677%	$888	$216K	5.5x	as long as short
Orderly PERP_ONDO_USDClong	+0.0099%	4h	0.4406	long leg	$24K	$6K	10x
Nado ONDO-PERP	+0.0100%	1h	0.4407	+0.023%	$386K	$858K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4409	+0.065%	$673K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4415	+0.197%	$64.0M	$231.2M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4414	+0.182%	$70.0M	$125.3M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4413	+0.159%	$17.0M	$75.6M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4418	+0.275%	$72K	$88K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4405	−0.028%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4408	+0.045%	$11.6M	$16.5M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4408	+0.045%	$45.6M	$43.4M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4408	+0.045%	$13.1M	$11.1M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4415	+0.204%	$25.1M	$40.4M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4413	+0.159%	—	$22.3M	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4416	+0.220%	$769K	$1.8M	—	as long as short
edgeX ONDOUSDCshort	+0.0100%	4h	0.4417	+0.259%	$5K	$319K	20x
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4419	+0.284%	$419K	$976K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4418	+0.272%	$136K	$366K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4409	+0.068%	$93K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4406	0.000%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4410	+0.091%	$458	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4412	+0.136%	$129K	$512K	50x	as long as short
Paradex ONDO-USD-PERP	+0.0103%	8h	0.4406	−0.009%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4409	+0.065%	$398K	$823K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4411	+0.122%	$38K	$13K	3x	as long as short
Backpack ONDO_USDC_PERP	+0.0135%	1h	0.4415	+0.200%	$202K	$1.0M	15x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0204%	1h	0.4408	+0.045%	$23K	$349K	25x	as long as short
Hyperliquid ONDO	+0.0284%	1h	0.4415	+0.207%	$38.9M	$25.7M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4422	+0.363%	$284K	$745K	50x	as long as short
Phoenix ONDO	+0.0338%	1h	0.4425	+0.436%	$35K	$231K	10x	as long as short
01 Exchange ONDOUSD	+0.0352%	1h	0.4410	+0.086%	$363	$2K	10x	as long as short
Phemex ONDOUSDT	+0.0526%	4h	0.4410	+0.091%	$4.2M	$7.4M	50x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0550% / S −0.0190%	1h	0.4404	−0.048%	$486K	—	100x	as long as short
Lighter ONDO	+0.0776%	1h	0.4416	+0.220%	$1.4M	$2.1M	10x	as long as short
Reya ONDORUSDPERP	+0.1148%	1h	0.4410	+0.095%	$2K	—	20x	as long as short