ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against HTX−0.274%59s7-day average −0.120% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$940.940% of the position

Long on HTX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.399%+$40 on $10k

Price spread, last 4 days (all we have)+0.358%+$36 · spread now −0.274%, 7d avg −0.120%

Together, before fees+0.757%+$76 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.154% cheaper against HTX than usual: you would sell low and buy high (spread −0.274% now, against its 7-day average of −0.120%). If the spread goes back, that is −$15 on $10k: about 2.1 days of funding at the current rate (+$7 a day). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ONDO-USDT	0.4377	0.0100	pay 0.0050% / 4h	3h 24m	$129K	$432K	50x
Short	BloFin ONDO-USDT	0.4365	0.0340	get 0.0170% / 4h	3h 24m	$3.1M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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 HTXbpFee BloFinbpOrdersPrice spread, now −0.274%Rate

Funding earned: $50.4
Price spread: −0.274% → −0.120%: −$15.42
Slippage, 4 orders: −$70.05
Fee HTX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$59.07
Costs to cover: 0.940%
Break-even: 15.2 days

Slippage from HTX: live order book, 29 min ago; BloFin: live order book, 9 min ago.

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 HTX live order book, 29 min ago	2.26 bp	65.2 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 9 min ago	1.14 bp	11.7 bp −$12	18.1 bp −$181	38.1 bp −$3,811	110.8 bp −$55.4K

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	−0.0161%	1h	0.4356	−0.487%	$2.6M	$7.7M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4358	−0.438%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+4.364%	$888	$216K	5.5x	as long as short
dYdX ONDO-USD	+0.0059%	1h	0.4360	−0.384%	$247K	$129K	5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4362	−0.347%	$1.1M	$2.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4357	−0.457%	$23K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4361	−0.371%	$360K	$841K	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4359	−0.422%	$63.0M	$230.6M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4355	−0.503%	$67.7M	$124.4M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4359	−0.411%	$17.1M	$72.0M	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	0.4372	−0.119%	$72K	$84K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4360	−0.378%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4357	−0.457%	$11.7M	$16.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4357	−0.457%	$43.1M	$41.9M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4357	−0.457%	$12.6M	$10.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4359	−0.411%	$24.9M	$39.6M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4358	−0.434%	—	$21.9M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4358	−0.432%	$183K	$980K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4364	−0.304%	$713K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4369	−0.186%	$4K	$315K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4379	+0.046%	$411K	$1.2M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4368	−0.206%	$135K	$353K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4360	−0.400%	$66K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4359	−0.411%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4359	−0.411%	$453	$13K	10x	as long as short
HTX ONDO-USDTlong	+0.0100%	4h	0.4377	long leg	$129K	$432K	50x
Phemex ONDOUSDT	+0.0100%	4h	0.4360	−0.388%	$4.2M	$8.0M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4359	−0.416%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4357	−0.451%	$393K	$796K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4360	−0.400%	$38K	$13K	3x	as long as short
01 Exchange ONDOUSD	+0.0168%	1h	0.4361	−0.361%	$359	$2K	10x	as long as short
Aster ONDOUSDT	+0.0171%	4h	0.4359	−0.411%	$787K	$2.6M	20x	as long as short
Hyperliquid ONDO	+0.0207%	1h	0.4361	−0.359%	$37.4M	$24.4M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0272%	1h	0.4368	−0.206%	$248K	$725K	50x	as long as short
Phoenix ONDO	+0.0327%	1h	0.4377	−0.002%	$35K	$218K	10x	as long as short
BloFin ONDO-USDTshort	+0.0340%	4h	0.4365	−0.274%	$3.1M	$3.1M	75x
Deribit ONDO_USDC-PERPETUAL	+0.0439%	1h	0.4359	−0.411%	$18K	$362K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0556% / S −0.0193%	1h	0.4357	−0.448%	$485K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1154%	1h	0.4359	−0.420%	$2K	—	20x	as long as short