ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Polymarket Perps against Variational Omni−0.243%7-day average +0.079% · you buy dearer than you sell

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

Long on Variational Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.025%+$3 on $10k

Price spread, last 4 days (all we have)+0.485%+$49 · spread now −0.243%, 7d avg +0.079%

Together, before fees+0.511%+ Points / potential airdropVariational Omni: Active · farm board+$51 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.322% cheaper against Variational Omni than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of +0.079%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ONDO	0.4416	0.0100	pay 0.0050% / 4h	1h 57m	$766K	$1.8M	—
Short	Polymarket Perps ONDO-USD	0.4405	0.0100	get 0.0013% / 1h	57m 58s	$80K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee Polymarket PerpsbpOrdersPrice spread, now −0.243%Rate

Funding earned: $0
Price spread: −0.243% → +0.079%: −$32.16
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$40.16
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Polymarket Perps: live order book, 5 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 Variational Omni RFQ quote, 1 min ago	4.54 bp	doesn't fit	11.3 bp −$113	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	2.38 bp	6.4 bp −$6	6.9 bp −$69	doesn't fit	doesn't fit

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	0.4403	−0.283%	$249K	$130K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4399	−0.379%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+3.448%	$888	$216K	5.5x	as long as short
Kraken Futures PF_ONDOUSD	+0.0061%	1h	0.4399	−0.379%	$2.6M	$8.2M	50x	as long as short
Orderly PERP_ONDO_USDC	+0.0099%	4h	0.4400	−0.356%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4401	−0.322%	$378K	$833K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4396	−0.439%	$38.5M	$24.2M	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4395	−0.469%	$662K	$2.2M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4390	−0.572%	$63.8M	$225.9M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4389	−0.605%	$69.5M	$122.0M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4387	−0.651%	$17.0M	$72.0M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4420	+0.092%	$72K	$87K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4402	−0.316%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4387	−0.651%	$11.6M	$15.9M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4389	−0.605%	$46.4M	$40.9M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4388	−0.628%	$13.0M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4388	−0.628%	$25.0M	$39.4M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4389	−0.605%	—	$759K	—	as long as short
Variational Omni ONDOlong	+0.0100%	4h	0.4416	long leg	$766K	$1.8M	—
edgeX ONDOUSDC	+0.0100%	4h	0.4415	−0.016%	$5K	$320K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4408	−0.178%	$407K	$978K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4416	+0.006%	$136K	$354K	50x	as long as short
Polymarket Perps ONDO-USDshort	+0.0100%	1h	0.4405	−0.243%	$80K	$1.3M	10x
SunX ONDO-USDT	+0.0100%	4h	0.4402	−0.311%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4401	−0.334%	$457	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4411	−0.107%	$130K	$486K	50x	as long as short
Paradex ONDO-USD-PERP	+0.0103%	8h	0.4404	−0.276%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4388	−0.628%	$396K	$788K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4404	−0.277%	$38K	$13K	3x	as long as short
Phemex ONDOUSDT	+0.0151%	4h	0.4398	−0.401%	$4.2M	$7.5M	50x	as long as short
Backpack ONDO_USDC_PERP	+0.0240%	1h	0.4397	−0.415%	$196K	$987K	15x	as long as short
Phoenix ONDO	+0.0338%	1h	0.4418	+0.061%	$35K	$214K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0360%	1h	0.4422	+0.142%	$284K	$706K	50x	as long as short
01 Exchange ONDOUSD	+0.0368%	1h	0.4406	−0.216%	$363	$2K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0432%	1h	0.4402	−0.311%	$23K	$349K	25x	as long as short
Lighter ONDO	+0.0480%	1h	0.4408	−0.166%	$1.4M	$2.1M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0550% / S −0.0190%	1h	0.4398	−0.393%	$485K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1148%	1h	0.4401	−0.333%	$2K	—	20x	as long as short