ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: HTX against BloFin+0.303%7-day average +0.109% · you sell dearer than you buy

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$880.876% of the position

Long on BloFin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.399%−$40 on $10k

Price spread, last 3 days (all we have)−0.354%−$35 · spread now +0.303%, 7d avg +0.109%

Together, before fees−0.753%−$75 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.194% dearer against BloFin than usual: you sell high and buy low (spread +0.303% now, against its 7-day average of +0.109%): +$19 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ONDO-USDT	0.4615	0.0340	pay 0.0170% / 4h	3h 24m	$3.3M	$3.0M	75x
Short	HTX ONDO-USDT	0.4629	0.0100	get 0.0050% / 4h	3h 24m	$136K	$492K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.303%Rate

Funding earned: −$50.4
Price spread: +0.303% → +0.109%: $19.42
Slippage, 4 orders: −$63.58
Fee BloFin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$118.56
Costs to cover: 0.876%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; HTX: live order book, 48 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, 3 min ago	5.43 bp	11.8 bp −$12	14.7 bp −$147	38.0 bp −$3,802	doesn't fit
Sell HTX live order book, 48 min ago	8.75 bp	14.7 bp −$15	doesn't fit	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	−0.0866%	1h	0.4613	−0.036%	$2.8M	$8.0M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4617	+0.049%	$261K	$131K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4615	+0.004%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	−1.018%	$888	$216K	5.5x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4613	−0.043%	$25K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4619	+0.081%	$433K	$710K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4617	+0.053%	$729K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4617	+0.034%	$69.2M	$223.0M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4614	−0.022%	$74.5M	$119.6M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4614	−0.022%	$17.7M	$78.9M	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	0.4588	−0.589%	$73K	$91K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4614	−0.026%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4613	−0.043%	$12.1M	$16.7M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4616	+0.022%	$50.3M	$41.7M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4615	0.000%	$14.3M	$10.9M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4615	0.000%	$26.2M	$39.0M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4617	+0.043%	—	$22.2M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4614	−0.020%	$232K	$999K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4616	+0.016%	$820K	$1.9M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4598	−0.359%	$5K	$318K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4598	−0.368%	$431K	$970K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4595	−0.433%	$171K	$349K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4621	+0.121%	$74K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4617	+0.043%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4615	0.000%	$480	$14K	10x	as long as short
HTX ONDO-USDTshort	+0.0100%	4h	0.4629	+0.303%	$136K	$492K	50x
Phemex ONDOUSDT	+0.0100%	4h	0.4614	−0.022%	$4.6M	$7.0M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4614	−0.027%	$7K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4613	−0.033%	$417K	$826K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4617	+0.044%	$40K	$13K	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0184%	1h	0.4614	−0.022%	$34K	$349K	25x	as long as short
Phoenix ONDO	+0.0244%	1h	0.4598	−0.362%	$38K	$248K	10x	as long as short
01 Exchange ONDOUSD	+0.0272%	1h	0.4618	+0.074%	$380	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4631	+0.347%	$300K	$827K	50x	as long as short
Hyperliquid ONDO	+0.0319%	1h	0.4617	+0.048%	$41.0M	$25.6M	10x	as long as short
BloFin ONDO-USDTlong	+0.0340%	4h	0.4615	long leg	$3.3M	$3.0M	75x
GMX ONDO/USD [ETH-USDC]	L +0.0592% / S −0.0188%	1h	0.4615	−0.001%	$551K	—	100x	as long as short
Lighter ONDO	+0.0632%	1h	0.4624	+0.199%	$1.5M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1145%	1h	0.4619	+0.082%	$2K	—	20x	as long as short