ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.20 per $10,000 · paid last 24h −0.068%

Price spread now: gTrade (Gains Network) against Kraken Futures−0.085%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on gTrade (Gains Network)

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

Funding pays, the price is against you. gTrade (Gains Network) is 0.085% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.085% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 43 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ONDOUSD	0.4343	−0.0146	get 0.0018% / 1h	25m 23s	$2.5M	$7.8M	50x
Short	gTrade (Gains Network) ONDO/USD	0.4340	L +0.0003% / S −0.0011%	get 0.0001% / 1h	25m 23s	$7K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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 Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.085%Rate

Funding earned: $32.83
Price spread: −0.085% → 0.000%: −$8.48
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $4.35
Costs to cover: 0.200%
Break-even: 6.1 days

Slippage unknown: Kraken Futures: live order book, 4 min ago; gTrade (Gains Network): 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 Kraken Futures live order book, 4 min ago	4.63 bp	11.9 bp −$12	22.3 bp −$223	90.0 bp −$8,998	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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_ONDOUSDlong	−0.0146%	1h	0.4343	long leg	$2.5M	$7.8M	50x
gTrade (Gains Network) ONDO/USDshort	L +0.0003% / S −0.0011%	1h	0.4340	−0.085%	$7K	—	150x
dYdX ONDO-USD	+0.0004%	1h	0.4335	−0.198%	$243K	$141K	5x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.169%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4340	−0.083%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4342	−0.034%	$348K	$893K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4342	−0.034%	$781K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4341	−0.057%	$62.7M	$235.0M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4337	−0.149%	$67.9M	$124.3M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4338	−0.126%	$17.3M	$72.6M	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	0.4334	−0.209%	$71K	$81K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4340	−0.072%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4339	−0.103%	$12.5M	$16.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4341	−0.057%	$43.6M	$42.8M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4339	−0.103%	$12.0M	$10.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4335	−0.195%	$24.8M	$38.1M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4340	−0.080%	—	$23.3M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4349	+0.122%	$172K	$993K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4342	−0.040%	$667K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4327	−0.384%	$5K	$315K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4328	−0.355%	$406K	$1.4M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4328	−0.356%	$132K	$340K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4343	−0.020%	$61K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4335	−0.195%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4338	−0.126%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4337	−0.149%	$451	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4345	+0.035%	$129K	$401K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4346	+0.058%	$4.2M	$8.6M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4337	−0.155%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4337	−0.139%	$393K	$786K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4339	−0.115%	$38K	$13K	3x	as long as short
Hyperliquid ONDO	+0.0134%	1h	0.4345	+0.030%	$36.5M	$27.3M	10x	as long as short
01 Exchange ONDOUSD	+0.0192%	1h	0.4340	−0.078%	$357	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0264%	1h	0.4342	−0.034%	$215K	$728K	50x	as long as short
Phoenix ONDO	+0.0313%	1h	0.4318	−0.580%	$35K	$223K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4326	−0.403%	$3.1M	$3.2M	75x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0441%	1h	0.4345	+0.035%	$18K	$362K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0573% / S −0.0203%	1h	0.4327	−0.390%	$495K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1158%	1h	0.4343	−0.017%	$2K	—	20x	as long as short