ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: edgeX against BloFin+0.302%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs$0as in the Price arb table

costs, in and out, $10k−$320.323% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.466%−$47 on $10k

Price spread, last 4 days (all we have)−0.400%−$40 · spread now +0.302%, 7d avg −0.019%

Together, before fees−0.866%+ Points / potential airdropedgeX: Active · farm board−$87 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.322% dearer against BloFin than usual: you sell high and buy low (spread +0.302% now, against its 7-day average of −0.019%): +$32 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ONDO-USDT	0.4394	0.0340	pay 0.0170% / 4h	3h 47m	$3.1M	$3.1M	75x
Short	edgeX ONDOUSDC	0.4407	0.0100	get 0.0050% / 4h	3h 47m	$4K	$316K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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 BloFinbpFee edgeXbpOrdersPrice spread, now +0.302%Rate

Funding earned: −$50.4
Price spread: +0.302% → −0.019%: $32.17
Slippage, 4 orders: −$11.33
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$50.56
Costs to cover: 0.323%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; edgeX: live order book, 5 min ago.

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 BloFin live order book, 6 min ago	1.13 bp	7.1 bp −$7	7.9 bp −$79	29.1 bp −$2,908	doesn't fit
Sell edgeX live order book, 5 min ago	4.53 bp	9.0 bp −$9	20.1 bp −$201	doesn't fit	doesn't fit

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	−0.0160%	1h	0.4388	−0.146%	$2.6M	$7.8M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4388	−0.132%	$248K	$129K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4389	−0.121%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+3.960%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4395	+0.027%	$1.1M	$2.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4389	−0.114%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4392	−0.046%	$363K	$847K	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4392	−0.046%	$63.5M	$231.0M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4389	−0.114%	$68.1M	$126.4M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4390	−0.091%	$17.2M	$73.2M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4408	+0.321%	$73K	$84K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4389	−0.119%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4389	−0.114%	$11.7M	$16.0M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4391	−0.068%	$44.0M	$41.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4390	−0.091%	$12.7M	$10.6M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4390	−0.091%	$25.2M	$40.0M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4389	−0.114%	—	$762K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4390	−0.082%	$185K	$983K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4404	+0.221%	$719K	$1.7M	—	as long as short
edgeX ONDOUSDCshort	+0.0100%	4h	0.4407	+0.302%	$4K	$316K	20x
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4413	+0.432%	$409K	$1.1M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4409	+0.341%	$136K	$353K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4393	−0.014%	$66K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4391	−0.068%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4389	−0.114%	$456	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4404	+0.228%	$130K	$434K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4389	−0.114%	$4.3M	$7.9M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0102%	8h	0.4390	−0.099%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4388	−0.136%	$395K	$796K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4391	−0.068%	$38K	$13K	3x	as long as short
01 Exchange ONDOUSD	+0.0176%	1h	0.4390	−0.084%	$361	$2K	10x	as long as short
Aster ONDOUSDT	+0.0214%	4h	0.4390	−0.087%	$781K	$2.5M	20x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0272%	1h	0.4408	+0.319%	$272K	$731K	50x	as long as short
Hyperliquid ONDO	+0.0284%	1h	0.4395	+0.014%	$37.8M	$24.6M	10x	as long as short
Phoenix ONDO	+0.0327%	1h	0.4398	+0.091%	$35K	$218K	10x	as long as short
BloFin ONDO-USDTlong	+0.0340%	4h	0.4394	long leg	$3.1M	$3.1M	75x
Deribit ONDO_USDC-PERPETUAL	+0.0434%	1h	0.4391	−0.068%	$18K	$367K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0551% / S −0.0190%	1h	0.4386	−0.182%	$484K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1153%	1h	0.4391	−0.063%	$2K	—	20x	as long as short