ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1611%/8h= +176.5% APRnext payment +$2.01 per $10,000 · paid last 24h +1.268%

Price spread now: dYdX against SoDEX−0.059%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on dYdX

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

Funding pays, the price is against you. dYdX is 0.059% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 3 hours of funding at the current rate (+$48 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ONDO-USD	0.4321	0.0100	pay 0.0013% / 1h	9m 27s	$2K	$15K	10x
Short	dYdX ONDO-USD	0.4318	0.1711	get 0.0214% / 1h	9m 27s	$242K	$155K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.059%Rate

Funding earned: $338.41
Price spread: −0.059% → 0.000%: −$5.93
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: $314.48
Costs to cover: 0.180%
Break-even: 0.5 days

Slippage unknown: SoDEX: no order-book sample; dYdX: live order book, 30 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 dYdX live order book, 30 min ago	34.48 bp	46.8 bp −$47	173.8 bp −$1,738	252.2 bp −$25.2K	857.9 bp −$429.0K

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	−0.0176%	1h	0.4319	−0.052%	$2.5M	$7.7M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4320	−0.020%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.716%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4327	+0.134%	$1.1M	$2.3M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4324	+0.058%	$346K	$886K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4322	+0.023%	$764K	$2.8M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4322	+0.024%	$62.9M	$233.9M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4320	−0.023%	$68.1M	$122.1M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4322	+0.023%	$17.3M	$71.7M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4314	−0.155%	$71K	$80K	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	0.4321	−0.011%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4321	0.000%	$13.0M	$15.9M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4322	+0.023%	$44.1M	$42.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4320	−0.023%	$12.1M	$10.4M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4322	+0.023%	$24.7M	$36.6M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4322	+0.023%	—	$23.0M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4320	−0.016%	$175K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4316	−0.117%	$678K	$1.9M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4316	−0.107%	$5K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4318	−0.070%	$403K	$1.6M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4315	−0.139%	$132K	$339K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4324	+0.079%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4320	−0.023%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4323	+0.046%	—	$1.4M	20x	as long as short
SoDEX ONDO-USDlong	+0.0100%	1h	0.4321	long leg	$2K	$15K	10x
HTX ONDO-USDT	+0.0100%	4h	0.4328	+0.162%	$128K	$369K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4320	−0.023%	$4.2M	$8.9M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4322	+0.033%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4322	+0.022%	$357K	$817K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4323	+0.046%	$37K	$13K	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0213%	1h	0.4322	+0.023%	$18K	$351K	25x	as long as short
01 Exchange ONDOUSD	+0.0256%	1h	0.4323	+0.042%	$356	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4326	+0.116%	$214K	$733K	50x	as long as short
Phoenix ONDO	+0.0315%	1h	0.4323	+0.035%	$35K	$221K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4318	−0.069%	$3.1M	$3.1M	75x	as long as short
Hyperliquid ONDO	+0.0393%	1h	0.4328	+0.150%	$36.5M	$27.1M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0573% / S −0.0203%	1h	0.4318	−0.059%	$494K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1161%	1h	0.4324	+0.061%	$2K	—	20x	as long as short
dYdX ONDO-USDshort	+0.1711%	1h	0.4318	−0.059%	$242K	$155K	5x