ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0450%/8h= −49.3% APRnext payment −$0.56 per $10,000 · paid last 24h −0.133%

Price spread now: ApeX Omni against GMX+0.043%7-day average +0.041% · you sell dearer than you buy

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

Long on GMX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.448%−$45 on $10k

Price spread, last 3 days (all we have)−0.054%−$5 · spread now +0.043%, 7d avg +0.041%

Together, before fees−0.502%−$50 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ONDO/USD [ETH-USDC]	0.4403	L +0.0550% / S −0.0190%	pay 0.0069% / 1h	15m 12s	$485K	—	100x
Short	ApeX Omni ONDOUSDT	0.4405	0.0100	get 0.0013% / 1h	15m 12s	$135K	$366K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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 GMXbpFee ApeX OmnibpOrdersPrice spread, now +0.043%Rate

Funding earned: −$94.49
Price spread: +0.043% → +0.041%: $0.18
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$116.31
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 52 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 GMX no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 52 min ago	3.27 bp	10.0 bp −$10	27.0 bp −$270	doesn't fit	doesn't fit

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
Kraken Futures PF_ONDOUSD	−0.0363%	1h	0.4404	+0.027%	$2.6M	$8.1M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4398	−0.119%	$249K	$130K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4403	−0.003%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+3.745%	$888	$216K	5.5x	as long as short
Orderly PERP_ONDO_USDC	+0.0099%	4h	0.4404	+0.020%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4404	+0.020%	$385K	$861K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4406	+0.064%	$677K	$2.2M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4406	+0.057%	$63.8M	$231.5M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4405	+0.043%	$69.8M	$125.3M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4405	+0.043%	$17.0M	$75.3M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4413	+0.216%	$72K	$88K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4399	−0.084%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4401	−0.048%	$11.6M	$16.5M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4404	+0.020%	$46.3M	$43.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4404	+0.020%	$13.1M	$11.1M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4404	+0.020%	$25.0M	$40.4M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4404	+0.020%	—	$22.3M	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4396	−0.168%	$760K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4408	+0.101%	$5K	$320K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4412	+0.212%	$419K	$976K	10x	as long as short
ApeX Omni ONDOUSDTshort	+0.0100%	1h	0.4405	+0.043%	$135K	$366K	50x
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4404	+0.020%	$93K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4406	+0.066%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4406	+0.066%	$458	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4410	+0.157%	$129K	$506K	50x	as long as short
Paradex ONDO-USD-PERP	+0.0103%	8h	0.4401	−0.038%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4405	+0.041%	$398K	$824K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4407	+0.088%	$38K	$13K	3x	as long as short
Backpack ONDO_USDC_PERP	+0.0147%	1h	0.4407	+0.089%	$201K	$1.0M	15x	as long as short
Hyperliquid ONDO	+0.0263%	1h	0.4408	+0.104%	$38.8M	$25.7M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4422	+0.429%	$284K	$734K	50x	as long as short
Phoenix ONDO	+0.0338%	1h	0.4404	+0.030%	$35K	$231K	10x	as long as short
01 Exchange ONDOUSD	+0.0344%	1h	0.4405	+0.034%	$362	$2K	10x	as long as short
Phemex ONDOUSDT	+0.0384%	4h	0.4404	+0.020%	$4.2M	$7.4M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0431%	1h	0.4406	+0.066%	$23K	$349K	25x	as long as short
GMX ONDO/USD [ETH-USDC]long	L +0.0550% / S −0.0190%	1h	0.4403	long leg	$485K	—	100x
Lighter ONDO	+0.0768%	1h	0.4412	+0.209%	$1.4M	$2.1M	10x	as long as short
Reya ONDORUSDPERP	+0.1148%	1h	0.4405	+0.041%	$2K	—	20x	as long as short