ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.098%

Price spread now: Kraken Futures against gTrade (Gains Network)+0.110%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Kraken Futures

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.110% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ONDO/USD	0.4349	L +0.0003% / S −0.0011%	pay 0.0000% / 1h	35m 36s	$7K	—	150x
Short	Kraken Futures PF_ONDOUSD	0.4354	0.0033	get 0.0004% / 1h	35m 36s	$2.6M	$7.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.110%Rate

Funding earned: $6.28
Price spread: +0.110% → 0.000%: $10.99
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$2.73
Costs to cover: 0.200%
Break-even: 10.0 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago	14.94 bp	22.8 bp −$23	30.2 bp −$302	521.1 bp −$52.1K	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
gTrade (Gains Network) ONDO/USDlong	L +0.0003% / S −0.0011%	1h	0.4349	long leg	$7K	—	150x
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.038%	$888	$216K	5.5x	as long as short
Kraken Futures PF_ONDOUSDshort	+0.0033%	1h	0.4354	+0.110%	$2.6M	$7.9M	50x
Lighter ONDO	+0.0096%	1h	0.4366	+0.400%	$1.1M	$2.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4351	+0.048%	$23K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4365	+0.370%	$369K	$852K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4366	+0.404%	$37.4M	$24.6M	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4367	+0.416%	$63.0M	$230.5M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4365	+0.370%	$67.6M	$126.1M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4366	+0.393%	$17.0M	$72.8M	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	0.4354	+0.115%	$72K	$84K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4364	+0.354%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4362	+0.301%	$11.5M	$16.3M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4368	+0.439%	$45.1M	$41.7M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4361	+0.278%	$12.7M	$10.7M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4365	+0.370%	$25.0M	$39.9M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4366	+0.393%	—	$21.9M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4363	+0.324%	$186K	$980K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4348	−0.027%	$704K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4354	+0.112%	$4K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4354	+0.117%	$407K	$1.1M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4348	−0.021%	$134K	$355K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4366	+0.400%	$67K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4352	+0.071%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4357	+0.186%	$453	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4360	+0.255%	$126K	$478K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4356	+0.163%	$4.2M	$7.8M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0102%	8h	0.4365	+0.368%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4365	+0.362%	$394K	$797K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4355	+0.152%	$38K	$13K	3x	as long as short
Aster ONDOUSDT	+0.0204%	4h	0.4363	+0.316%	$734K	$2.4M	20x	as long as short
01 Exchange ONDOUSD	+0.0216%	1h	0.4365	+0.381%	$359	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4348	−0.021%	$269K	$722K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4357	+0.186%	$3.1M	$2.9M	75x	as long as short
dYdX ONDO-USD	+0.0349%	1h	0.4361	+0.274%	$247K	$129K	5x	as long as short
Phoenix ONDO	+0.0365%	1h	0.4356	+0.168%	$35K	$223K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0439%	1h	0.4354	+0.117%	$18K	$367K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0604% / S −0.0219%	1h	0.4349	+0.006%	$517K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1151%	1h	0.4364	+0.358%	$2K	—	20x	as long as short