ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.024%

Price spread now: GMX against Extended−0.189%7-day average +0.043% · you buy dearer than you sell

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

Long on Extended Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.077%+$8 on $10k

Price spread, last 3 days (all we have)+0.218%+$22 · spread now −0.189%, 7d avg +0.043%

Together, before fees+0.294%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.232% cheaper against Extended than usual: you would sell low and buy high (spread −0.189% now, against its 7-day average of +0.043%). If the spread goes back, that is −$23 on $10k: about 9.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ONDO-USD	0.4402	0.0104	pay 0.0013% / 1h	54m 39s	$398K	$787K	25x
Short	GMX ONDO/USD [ETH-USDC]	0.4394	L +0.0550% / S −0.0190%	get 0.0024% / 1h	54m 39s	$485K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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 ExtendedbpFee GMXbpOrdersPrice spread, now −0.189%Rate

Funding earned: $17.97
Price spread: −0.189% → +0.043%: −$23.18
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: −$22.21
Costs to cover: 0.170%
Break-even: 15.7 days

Slippage unknown: Extended: live order book, 8 min ago; GMX: 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 Extended live order book, 8 min ago	4.54 bp	7.0 bp −$7	16.2 bp −$162	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 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
ApeX Omni ONDOUSDT	−0.0069%	1h	0.4382	−0.464%	$135K	$353K	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4399	−0.072%	$249K	$130K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4394	−0.191%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+3.761%	$888	$216K	5.5x	as long as short
Kraken Futures PF_ONDOUSD	+0.0061%	1h	0.4394	−0.191%	$2.6M	$8.2M	50x	as long as short
Orderly PERP_ONDO_USDC	+0.0099%	4h	0.4394	−0.192%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4397	−0.112%	$376K	$832K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4403	+0.013%	$670K	$2.2M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4401	−0.034%	$63.9M	$225.1M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4400	−0.055%	$69.7M	$121.9M	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	0.4399	−0.078%	$17.0M	$72.0M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4391	−0.255%	$72K	$86K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4400	−0.049%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4401	−0.033%	$11.6M	$15.9M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4400	−0.055%	$46.6M	$40.9M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4400	−0.055%	$13.1M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4399	−0.078%	$25.0M	$39.4M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4403	+0.013%	—	$761K	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4418	+0.348%	$712K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4388	−0.333%	$5K	$318K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4390	−0.288%	$405K	$978K	10x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4401	−0.035%	$78K	$1.3M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4398	−0.101%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4397	−0.124%	$457	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4408	+0.126%	$130K	$481K	50x	as long as short
Paradex ONDO-USD-PERP	+0.0104%	8h	0.4398	−0.093%	$6K	—	10x	as long as short
Extended ONDO-USDlong	+0.0104%	1h	0.4402	long leg	$398K	$787K	25x
Aevo ONDO-PERP	+0.0104%	1h	0.4398	−0.101%	$38K	$13K	3x	as long as short
Hyperliquid ONDO	+0.0134%	1h	0.4403	+0.013%	$38.5M	$24.0M	10x	as long as short
Backpack ONDO_USDC_PERP	+0.0186%	1h	0.4399	−0.083%	$191K	$983K	15x	as long as short
Phemex ONDOUSDT	+0.0195%	4h	0.4397	−0.124%	$4.2M	$7.5M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0205%	1h	0.4395	−0.169%	$23K	$349K	25x	as long as short
Phoenix ONDO	+0.0338%	1h	0.4396	−0.144%	$35K	$225K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0360%	1h	0.4422	+0.444%	$284K	$706K	50x	as long as short
01 Exchange ONDOUSD	+0.0368%	1h	0.4404	+0.044%	$362	$2K	10x	as long as short
GMX ONDO/USD [ETH-USDC]short	L +0.0550% / S −0.0190%	1h	0.4394	−0.189%	$485K	—	100x
Lighter ONDO	+0.0592%	1h	0.4407	+0.104%	$1.4M	$2.1M	10x	as long as short
Reya ONDORUSDPERP	+0.1148%	1h	0.4395	−0.163%	$2K	—	20x	as long as short