ONDO

Alert

Funding spread now, next payment 16:00 UTC+0.0739%/8h

paid, last 24h+0.188%paid, last 7 days+0.492%to open and close $10k−$77

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.492% in total (about 25.6% 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	Phemex ONDOUSDT	0.4386	0.0100	pay 0.0050% / 4h	29m 24s	$4.9M	$5.1M	50x
Short	Kraken Futures PF_ONDOUSD	0.4391	0.0839	get 0.0105% / 1h	29m 24s	$3.4M	$4.9M	50x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee Kraken FuturesbpOrdersRate

Funding earned: $155.14
Slippage, 4 orders: −$55.4
Fee Phemex: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $77.74
Break-even: 3.5 days

Slippage from Phemex: live order book, 6 min ago; Kraken Futures: live order book, 1 min ago.

Price risk

price view

Price gap now: +0.112%
Avg gap 7d: +0.069%

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 Phemex live order book, 6 min ago	7.97 bp	17.6 bp −$18	23.0 bp −$230	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 1 min ago	7.97 bp	17.7 bp −$18	30.0 bp −$300	442.6 bp −$44.3K	doesn't fit

ONDO on 38 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate ONDO_USDT	−0.0008%	4h	$11.5M	$20.0M	50x	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_USDC	+0.0093%	4h	$24K	$6K	10x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	$6K	$9	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	$423K	$571K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	$700K	$1.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	$66.1M	$227.4M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	$69.1M	$118.6M	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	$17.9M	$81.7M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	$73K	$92K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	—	—	5x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	$45.2M	$46.0M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	$13.4M	$10.6M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	$24.8M	$44.1M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	—	$23.5M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	$275K	$792K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	$911K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	$5K	$319K	20x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	$179K	$360K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	$89K	$1.0M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	$456	$9K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	$128K	$553K	50x	as long as short
Phemex ONDOUSDTlong	+0.0100%	4h	$4.9M	$5.1M	50x
Extended ONDO-USD	+0.0104%	1h	$372K	$1.1M	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	$35K	—	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0206%	1h	$35K	$238K	25x	as long as short
Hyperliquid ONDO	+0.0258%	1h	$40.0M	$29.1M	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	$3.3M	$3.3M	75x	as long as short
01 Exchange ONDOUSD	+0.0344%	1h	$362	$1K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0448%	1h	$337K	$806K	50x	as long as short
Lighter ONDO	+0.0472%	1h	$1.2M	$2.0M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0562% / S −0.0190%	1h	$499K	—	100x	as long as short
Kraken Futures PF_ONDOUSDshort	+0.0839%	1h	$3.4M	$4.9M	50x
Reya ONDORUSDPERP	+0.1126%	1h	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.8460%	1h	$243K	$101K	5x	as long as short