ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.1049%/8h= −114.8% APRnext payment −$1.31 per $10,000 · paid last 24h −0.307%

Price spread now: ApeX Omni against Reya−0.245%7-day average — · you buy dearer than you sell

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

Long on Reya Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and ApeX Omni is 0.245% cheaper against Reya than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ONDORUSDPERP	0.4420	0.1149	pay 0.0144% / 1h	51m 15s	$2K	—	20x
Short	ApeX Omni ONDOUSDT	0.4409	0.0100	get 0.0013% / 1h	51m 15s	$136K	$354K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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 ReyabpFee ApeX OmnibpOrdersPrice spread, now −0.245%Rate

Funding earned: −$220.21
Price spread: −0.245% → 0.000%: −$24.52
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$260.72
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 11 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 Reya no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 11 min ago	4.53 bp	11.0 bp −$11	26.5 bp −$265	doesn't fit	doesn't fit

Reya: 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
dYdX ONDO-USD	0.0000%	1h	0.4415	−0.107%	$250K	$130K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4415	−0.113%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+3.352%	$888	$216K	5.5x	as long as short
Kraken Futures PF_ONDOUSD	+0.0061%	1h	0.4416	−0.076%	$2.6M	$8.1M	50x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4416	−0.087%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4418	−0.042%	$377K	$834K	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4417	−0.064%	$64.1M	$225.1M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4416	−0.087%	$70.0M	$121.9M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4415	−0.109%	$17.1M	$72.2M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4424	+0.099%	$72K	$87K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx ONDO/USDC	+0.0100%	1h	0.4414	−0.133%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4416	−0.087%	$11.6M	$16.0M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4416	−0.087%	$47.2M	$41.0M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4417	−0.064%	$13.1M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4416	−0.087%	$25.1M	$39.4M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4414	−0.132%	—	$759K	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4418	−0.047%	$712K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4405	−0.335%	$5K	$319K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4414	−0.136%	$414K	$987K	10x	as long as short
ApeX Omni ONDOUSDTshort	+0.0100%	1h	0.4409	−0.245%	$136K	$354K	50x
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4421	+0.033%	$79K	$1.3M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4418	−0.042%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4420	+0.004%	$459	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4427	+0.162%	$130K	$480K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4418	−0.042%	$4.2M	$7.6M	50x	as long as short
Aster ONDOUSDT	+0.0102%	4h	0.4420	+0.004%	$673K	$2.2M	20x	as long as short
Paradex ONDO-USD-PERP	+0.0104%	8h	0.4416	−0.078%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4416	−0.080%	$398K	$788K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4420	+0.001%	$38K	$13K	3x	as long as short
Hyperliquid ONDO	+0.0190%	1h	0.4423	+0.081%	$38.7M	$24.0M	10x	as long as short
Backpack ONDO_USDC_PERP	+0.0242%	1h	0.4416	−0.080%	$195K	$980K	15x	as long as short
Phoenix ONDO	+0.0272%	1h	0.4417	−0.057%	$35K	$225K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0360%	1h	0.4417	−0.064%	$283K	$705K	50x	as long as short
01 Exchange ONDOUSD	+0.0392%	1h	0.4420	+0.008%	$364	$2K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0430%	1h	0.4418	−0.042%	$23K	$349K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0551% / S −0.0190%	1h	0.4414	−0.123%	$487K	—	100x	as long as short
Lighter ONDO	+0.0792%	1h	0.4425	+0.108%	$1.4M	$2.1M	10x	as long as short
Reya ONDORUSDPERPlong	+0.1149%	1h	0.4420	long leg	$2K	—	20x