ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0421%/8h= −46.0% APRnext payment −$0.53 per $10,000 · paid last 24h −0.076%

Price spread now: 01 Exchange against GMX+0.134%7-day average — · you sell dearer than you buy

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

Long on GMX Short on 01 Exchange

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. 01 Exchange is 0.134% dearer against GMX than usual: you sell high and buy low (spread +0.134% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ONDO/USD [ETH-USDC]	0.4365	L +0.0573% / S −0.0202%	pay 0.0072% / 1h	6m 10s	$497K	—	100x
Short	01 Exchange ONDOUSD	0.4371	0.0152	get 0.0019% / 1h	6m 10s	$360	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.134%Rate

Funding earned: −$88.31
Price spread: +0.134% → 0.000%: $13.45
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$93.86
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; 01 Exchange: 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 GMX no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

GMX and 01 Exchange: 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	−0.0239%	1h	0.4367	+0.049%	$2.6M	$7.8M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4365	−0.001%	$7K	—	150x	as long as short
dYdX ONDO-USD	+0.0009%	1h	0.4360	−0.108%	$245K	$137K	5x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+4.652%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4371	+0.146%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4370	+0.110%	$349K	$893K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4373	+0.189%	$36.9M	$27.1M	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4370	+0.116%	$779K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4370	+0.112%	$63.6M	$238.3M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4367	+0.047%	$68.2M	$126.8M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4368	+0.070%	$17.4M	$74.4M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4357	−0.189%	$71K	$83K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4365	+0.009%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4366	+0.025%	$12.4M	$16.6M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4367	+0.047%	$43.6M	$42.7M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4366	+0.025%	$12.1M	$10.6M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4369	+0.093%	$25.1M	$39.8M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4368	+0.070%	—	$763K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4370	+0.114%	$182K	$992K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4359	−0.142%	$642K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4361	−0.095%	$4K	$315K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4360	−0.107%	$408K	$1.3M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4362	−0.067%	$133K	$356K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4369	+0.086%	$61K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4366	+0.025%	$24K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4368	+0.070%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4368	+0.070%	$454	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4372	+0.162%	$129K	$429K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4367	+0.047%	$4.2M	$8.4M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4367	+0.049%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4367	+0.054%	$393K	$795K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4371	+0.137%	$38K	$13K	3x	as long as short
01 Exchange ONDOUSDshort	+0.0152%	1h	0.4371	+0.134%	$360	$2K	10x
Coinbase International ONDO-PERP-INTX	+0.0272%	1h	0.4366	+0.025%	$217K	$756K	50x	as long as short
Phoenix ONDO	+0.0332%	1h	0.4371	+0.137%	$35K	$223K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4364	−0.021%	$3.1M	$3.2M	75x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0437%	1h	0.4368	+0.070%	$18K	$362K	25x	as long as short
GMX ONDO/USD [ETH-USDC]long	L +0.0573% / S −0.0202%	1h	0.4365	long leg	$497K	—	100x
Reya ONDORUSDPERP	+0.1157%	1h	0.4367	+0.047%	$2K	—	20x	as long as short