ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0196%/8h= −21.5% APRnext payment −$0.24 per $10,000 · paid last 24h −1.420%

Price spread now: gTrade (Gains Network) against dYdX+0.393%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on gTrade (Gains Network)

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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.393% dearer against dYdX than usual: you sell high and buy low (spread +0.393% now, against zero (this spread has no 7-day history yet)): +$39 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ONDO-USD	0.4352	0.0207	pay 0.0026% / 1h	38m 39s	$246K	$129K	5x
Short	gTrade (Gains Network) ONDO/USD	0.4369	L +0.0003% / S −0.0011%	get 0.0001% / 1h	38m 39s	$7K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against dYdX. 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 dYdXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.393%Rate

Funding earned: −$41.15
Price spread: +0.393% → 0.000%: $39.32
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$21.82
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: dYdX: live order book, 20 min ago; gTrade (Gains Network): no order-book sample. 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 dYdX live order book, 20 min ago	27.22 bp	34.2 bp −$34	94.8 bp −$948	148.1 bp −$14.8K	610.8 bp −$305.4K
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
gTrade (Gains Network) ONDO/USDshort	L +0.0003% / S −0.0011%	1h	0.4369	+0.393%	$7K	—	150x
Kraken Futures PF_ONDOUSD	+0.0033%	1h	0.4364	+0.284%	$2.6M	$7.9M	50x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+4.968%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4370	+0.419%	$1.1M	$2.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4365	+0.304%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4369	+0.396%	$369K	$843K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4372	+0.462%	$37.5M	$24.5M	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4353	+0.028%	$62.8M	$229.6M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4349	−0.064%	$68.7M	$125.8M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4351	−0.018%	$17.0M	$72.5M	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	0.4384	+0.747%	$72K	$84K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4368	+0.368%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4367	+0.350%	$11.5M	$16.2M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4353	+0.028%	$45.4M	$41.7M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4369	+0.396%	$12.7M	$10.7M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4353	+0.028%	$24.8M	$39.9M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4353	+0.028%	—	$21.9M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4368	+0.368%	$187K	$981K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4369	+0.388%	$708K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4378	+0.595%	$4K	$315K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4376	+0.546%	$410K	$1.0M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4372	+0.464%	$135K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4372	+0.467%	$67K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4374	+0.510%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4367	+0.350%	$454	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4378	+0.602%	$127K	$477K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4369	+0.396%	$4.2M	$7.8M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0102%	8h	0.4352	+0.009%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4351	−0.014%	$396K	$795K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4368	+0.373%	$38K	$13K	3x	as long as short
dYdX ONDO-USDlong	+0.0207%	1h	0.4352	long leg	$246K	$129K	5x
Aster ONDOUSDT	+0.0213%	4h	0.4370	+0.429%	$742K	$2.4M	20x	as long as short
01 Exchange ONDOUSD	+0.0224%	1h	0.4370	+0.414%	$360	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4394	+0.970%	$276K	$718K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4366	+0.327%	$3.1M	$3.0M	75x	as long as short
Phoenix ONDO	+0.0365%	1h	0.4374	+0.499%	$35K	$223K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0437%	1h	0.4367	+0.350%	$23K	$346K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0606% / S −0.0219%	1h	0.4367	+0.351%	$519K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1151%	1h	0.4372	+0.475%	$2K	—	20x	as long as short