ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.147%

Price spread now: Coinbase International against SoDEX+0.022%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Coinbase International

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—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.022% dearer against SoDEX than usual: you sell high and buy low: +$2 more if the spread 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	SoDEX ONDO-USD	0.4580	0.0100	pay 0.0013% / 1h	23m 35s	$476	$14K	10x
Short	Coinbase International ONDO-PERP-INTX	0.4581	0.0280	get 0.0035% / 1h	23m 35s	$301K	$868K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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 SoDEXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.022%Rate

Funding earned: $37.8
Price spread: +0.022% → 0.000%: $2.18
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $21.98
Costs to cover: 0.180%
Break-even: 2.9 days

Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 60 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 SoDEX no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 60 min ago	5.53 bp	28.0 bp −$28	72.3 bp −$723	doesn't fit	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 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
Kraken Futures PF_ONDOUSD	−0.0351%	1h	0.4578	−0.046%	$2.8M	$7.8M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4578	−0.034%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4577	−0.066%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4576	−0.098%	$432K	$700K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4575	−0.101%	$731K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4575	−0.113%	$67.8M	$226.2M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4590	+0.218%	$74.7M	$121.3M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4589	+0.197%	$17.8M	$82.0M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4588	+0.168%	$74K	$88K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4589	+0.195%	—	—	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ONDO_USDT	+0.0100%	4h	0.4590	+0.218%	$12.0M	$18.4M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4592	+0.262%	$49.0M	$44.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4571	−0.197%	$13.8M	$10.9M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4591	+0.240%	$26.0M	$41.9M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4590	+0.218%	—	$22.5M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4580	+0.002%	$238K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4570	−0.220%	$781K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4554	−0.564%	$5K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4558	−0.476%	$427K	$938K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4556	−0.524%	$163K	$330K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4579	−0.020%	$72K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4581	+0.022%	—	$1.4M	20x	as long as short
SoDEX ONDO-USDlong	+0.0100%	1h	0.4580	long leg	$476	$14K	10x
HTX ONDO-USDT	+0.0100%	4h	0.4585	+0.109%	$133K	$506K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4578	−0.044%	$4.8M	$6.5M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4571	−0.187%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4590	+0.210%	$409K	$857K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4583	+0.065%	$45K	$8K	3x	as long as short
Phoenix ONDO	+0.0142%	1h	0.4576	−0.085%	$29K	$219K	10x	as long as short
Injective ONDO/USDC PERP	+0.0151%	1h	0.4568	−0.262%	$888	$216K	5.5x	as long as short
Coinbase International ONDO-PERP-INTXshort	+0.0280%	1h	0.4581	+0.022%	$301K	$868K	50x
BloFin ONDO-USDT	+0.0340%	4h	0.4577	−0.066%	$3.2M	$3.1M	75x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0405%	1h	0.4580	0.000%	$26K	$396K	25x	as long as short
01 Exchange ONDOUSD	+0.0408%	1h	0.4595	+0.321%	$378	$2K	10x	as long as short
Hyperliquid ONDO	+0.0415%	1h	0.4575	−0.105%	$41.0M	$26.3M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0624% / S −0.0204%	1h	0.4578	−0.047%	$570K	—	100x	as long as short
Lighter ONDO	+0.0672%	1h	0.4583	+0.070%	$1.5M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1141%	1h	0.4579	−0.019%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.3531%	1h	0.4570	−0.210%	$259K	$129K	5x	as long as short