ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.1045%/8h= −114.5% APRnext payment −$1.31 per $10,000 · paid last 24h −0.306%

Price spread now: Extended against Reya−0.108%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 Extended

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 · Extended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Extended is 0.108% cheaper against Reya than usual: you would sell low and buy high (−$11 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	0.4416	0.1149	pay 0.0144% / 1h	28m 07s	$2K	—	20x
Short	Extended ONDO-USD	0.4411	0.0104	get 0.0013% / 1h	28m 07s	$398K	$790K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.108%Rate

Funding earned: −$219.54
Price spread: −0.108% → 0.000%: −$10.82
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$241.36
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Extended: live order book, 35 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 Extended live order book, 35 min ago	4.54 bp	7.1 bp −$7	18.3 bp −$183	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 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
dYdX ONDO-USD	+0.0002%	1h	0.4413	−0.060%	$250K	$129K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4413	−0.062%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+3.453%	$888	$216K	5.5x	as long as short
Kraken Futures PF_ONDOUSD	+0.0061%	1h	0.4411	−0.110%	$2.6M	$8.2M	50x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4411	−0.103%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4415	−0.001%	$374K	$837K	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4412	−0.072%	$64.0M	$226.0M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4411	−0.103%	$69.8M	$122.9M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4410	−0.126%	$17.1M	$72.0M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4422	+0.139%	$72K	$87K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx ONDO/USDC	+0.0100%	1h	0.4412	−0.078%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4410	−0.126%	$11.6M	$16.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4409	−0.148%	$46.7M	$41.4M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4412	−0.080%	$12.9M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4410	−0.126%	$25.2M	$39.6M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4411	−0.103%	—	$759K	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4427	+0.250%	$717K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4421	+0.126%	$5K	$320K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4435	+0.442%	$415K	$992K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4427	+0.260%	$136K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4416	+0.010%	$70K	$1.3M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4416	+0.010%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4413	−0.058%	$459	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4421	+0.124%	$130K	$473K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4414	−0.035%	$4.2M	$7.6M	50x	as long as short
Extended ONDO-USDshort	+0.0104%	1h	0.4411	−0.108%	$398K	$790K	25x
Aevo ONDO-PERP	+0.0104%	1h	0.4414	−0.035%	$38K	$13K	3x	as long as short
Paradex ONDO-USD-PERP	+0.0106%	8h	0.4414	−0.031%	$6K	—	10x	as long as short
Aster ONDOUSDT	+0.0165%	4h	0.4417	+0.033%	$711K	$2.3M	20x	as long as short
Hyperliquid ONDO	+0.0187%	1h	0.4412	−0.085%	$38.3M	$24.5M	10x	as long as short
Backpack ONDO_USDC_PERP	+0.0208%	1h	0.4411	−0.098%	$191K	$980K	15x	as long as short
Phoenix ONDO	+0.0272%	1h	0.4433	+0.395%	$35K	$225K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4417	+0.033%	$3.1M	$3.1M	75x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0360%	1h	0.4419	+0.078%	$284K	$705K	50x	as long as short
01 Exchange ONDOUSD	+0.0368%	1h	0.4414	−0.035%	$363	$2K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0430%	1h	0.4413	−0.058%	$23K	$349K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0552% / S −0.0190%	1h	0.4414	−0.039%	$487K	—	100x	as long as short
Lighter ONDO	+0.0880%	1h	0.4420	+0.096%	$1.4M	$2.1M	10x	as long as short
Reya ONDORUSDPERPlong	+0.1149%	1h	0.4416	long leg	$2K	—	20x