Funding spread now, next payment 17:00 UTC−0.1068%/8h
paid, last 24h0.000%paid, last 3 days+0.047%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid 0.047% in total (about 6.0% 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 | SoDEX ONDO-USD | 0.4526 | 0.0100 | pay 0.0013% / 1h | 43m 17s | $470 | $15K | 10x |
| Short | Bybit ONDOUSDT | 0.4519 | −0.0968 | pay 0.0484% / 4h | 3h 43m | $70.8M | $118.6M | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$224.18
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$243.18
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.155%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SoDEX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 1.11 bp | 10.5 bp −$11 | 19.0 bp −$190 | 67.9 bp −$6,791 | doesn't fit |
SoDEX: 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 | |
|---|---|---|---|---|---|---|
| Phemex ONDOUSDT | −0.1540% | 4h | $5.1M | $5.3M | 50x | as long as short |
| Bybit ONDOUSDTshort | −0.0968% | 4h | $70.8M | $118.6M | 50x | |
| Gate ONDO_USDT | −0.0148% | 4h | $11.9M | $18.9M | 50x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | 0.0000% | 1h | $33K | $321K | 25x | as long as short |
| gTrade (Gains Network) ONDO/USD | L +0.0003% / S −0.0010% | 1h | $10K | — | 150x | as long as short |
| Variational Omni ONDO | +0.0048% | 4h | $934K | $2.0M | — | as long as short |
| Orderly PERP_ONDO_USDC | +0.0093% | 4h | $25K | $8K | 10x | as long as short |
| Nado ONDO-PERP | +0.0100% | 1h | $492K | $617K | 10x | as long as short |
| Aster ONDOUSDT | +0.0100% | 4h | $755K | $1.8M | 20x | as long as short |
| Binance ONDOUSDT | +0.0100% | 4h | $68.7M | $229.9M | 75x | as long as short |
SoDEX ONDO-USD
Bybit ONDOUSDT
Phemex ONDOUSDT
Gate ONDO_USDT
Deribit ONDO_USDC-PERPETUAL
gTrade (Gains Network) ONDO/USD
Variational Omni ONDO
Aster ONDOUSDT
Binance ONDOUSDT
OKX ONDO-USDT-SWAP
RISEx ONDO/USDC
MEXC ONDO_USDT
KuCoin ONDOUSDTM
Bitget ONDOUSDT
BingX ONDO-USDC
Backpack ONDO_USDC_PERP
ApeX Omni ONDOUSDT
Polymarket Perps ONDO-USD
SunX ONDO-USDT
HTX ONDO-USDT
Paradex ONDO-USD-PERP
Extended ONDO-USD
Phoenix ONDO
Hyperliquid ONDO
BloFin ONDO-USDT
Lighter ONDO
Coinbase International ONDO-PERP-INTX
GMX ONDO/USD [ETH-USDC]
Kraken Futures PF_ONDOUSD
Injective ONDO/USDC PERP