ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0101%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Extended against gTrade (Gains Network)−0.217%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Extended

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.217% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.217% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 7.2 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	gTrade (Gains Network) ONDO/USD	0.4574	L +0.0003% / S −0.0008%	pay 0.0000% / 1h	45m 31s	$6K	—	150x
Short	Extended ONDO-USD	0.4564	0.0104	get 0.0013% / 1h	45m 31s	$409K	$846K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ExtendedbpOrdersPrice spread, now −0.217%Rate

Funding earned: $21.12
Price spread: −0.217% → 0.000%: −$21.71
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$15.59
Costs to cover: 0.150%
Break-even: 12.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 33 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Extended live order book, 33 min ago	2.17 bp	5.1 bp −$5	16.1 bp −$161	doesn't fit	doesn't fit

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
Kraken Futures PF_ONDOUSD	−0.0798%	1h	0.4571	−0.053%	$2.8M	$8.1M	50x	as long as short
Injective ONDO/USDC PERP	−0.0545%	1h	0.4568	−0.128%	$888	$216K	5.5x	as long as short
gTrade (Gains Network) ONDO/USDlong	L +0.0003% / S −0.0008%	1h	0.4574	long leg	$6K	—	150x
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4574	+0.003%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4565	−0.194%	$430K	$705K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4566	−0.171%	$720K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4564	−0.218%	$68.3M	$227.4M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4563	−0.238%	$74.0M	$122.8M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4563	−0.238%	$17.8M	$81.1M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4566	−0.179%	$74K	$89K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx ONDO/USDC	+0.0100%	1h	0.4563	−0.240%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4563	−0.238%	$12.0M	$18.0M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4562	−0.260%	$49.5M	$43.3M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4566	−0.172%	$13.8M	$11.0M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4564	−0.216%	$25.9M	$41.4M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4565	−0.194%	—	$742K	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4587	+0.285%	$789K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4575	+0.015%	$5K	$320K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4575	+0.016%	$433K	$960K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4568	−0.128%	$173K	$312K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4565	−0.198%	$69K	$1.2M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4573	−0.019%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4573	−0.019%	$475	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4579	+0.112%	$133K	$503K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4574	+0.003%	$4.7M	$6.7M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4564	−0.216%	$7K	$9	10x	as long as short
Extended ONDO-USDshort	+0.0104%	1h	0.4564	−0.217%	$409K	$846K	25x
Aevo ONDO-PERP	+0.0104%	1h	0.4576	+0.036%	$44K	$8K	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0187%	1h	0.4576	+0.047%	$36K	$436K	25x	as long as short
Backpack ONDO_USDC_PERP	+0.0191%	1h	0.4572	−0.039%	$231K	$1.0M	15x	as long as short
Phoenix ONDO	+0.0244%	1h	0.4573	−0.008%	$38K	$257K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0304%	1h	0.4599	+0.549%	$302K	$859K	50x	as long as short
Hyperliquid ONDO	+0.0336%	1h	0.4568	−0.124%	$40.5M	$26.8M	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4566	−0.172%	$3.3M	$3.2M	75x	as long as short
01 Exchange ONDOUSD	+0.0448%	1h	0.4567	−0.139%	$376	$2K	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0587% / S −0.0188%	1h	0.4574	−0.003%	$546K	—	100x	as long as short
Lighter ONDO	+0.0968%	1h	0.4576	+0.049%	$1.5M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1142%	1h	0.4563	−0.230%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.6785%	1h	0.4564	−0.207%	$258K	$130K	5x	as long as short