Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.129%
Price spread now: Extended against Lighter−0.100%7-day average −0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days−0.197%−$20 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.100%, 7d avg −0.150%
=Together, before fees−0.219%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.051% dearer against Lighter than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.150%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ONDO | 0.4322 | 0.0096 | pay 0.0012% / 1h | 8m 10s | $1.1M | $2.3M | 10x |
| Short | Extended ONDO-USD | 0.4318 | 0.0104 | get 0.0013% / 1h | 8m 10s | $357K | $817K | 25x |
Lighter ONDO
Extended ONDO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.68
- Price spread: −0.100% → −0.150%
- $5.05
- Slippage, 4 orders
- −$22.66
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$20.93
- Costs to cover
- 0.277%
- Break-even
- 94.2 days
Slippage from Lighter: live order book, 4 min ago; Extended: live order book, 30 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 Lighter live order book, 4 min ago | 4.40 bp | 4.8 bp −$5 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell Extended live order book, 30 min ago | 3.47 bp | 6.0 bp −$6 | 16.1 bp −$161 | doesn't fit | doesn't fit |
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 | −0.0176% | 1h | 0.4317 | −0.122% | $2.5M | $7.7M | 50x | as long as short |
| gTrade (Gains Network) ONDO/USD | L +0.0003% / S −0.0011% | 1h | 0.4318 | −0.096% | $7K | — | 150x | as long as short |
| Injective ONDO/USDC PERP | +0.0033% | 1h | 0.4568 | +5.684% | $888 | $216K | 5.5x | as long as short |
| Lighter ONDOlong | +0.0096% | 1h | 0.4322 | long leg | $1.1M | $2.3M | 10x | |
| Nado ONDO-PERP | +0.0100% | 1h | 0.4321 | −0.036% | $345K | $886K | 10x | as long as short |
| Aster ONDOUSDT | +0.0100% | 4h | 0.4320 | −0.053% | $764K | $2.8M | 20x | as long as short |
| Binance ONDOUSDT | +0.0100% | 4h | 0.4318 | −0.088% | $62.9M | $233.9M | 75x | as long as short |
| Bybit ONDOUSDT | +0.0100% | 4h | 0.4317 | −0.123% | $68.1M | $122.1M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | +0.0100% | 4h | 0.4318 | −0.099% | $17.3M | $71.7M | 50x | as long as short |
| Ondo Perps ONDO-USD.P | +0.0100% | 1h | 0.4314 | −0.185% | $71K | $80K | 10x | as long as short |
Kraken Futures PF_ONDOUSD
gTrade (Gains Network) ONDO/USD
Injective ONDO/USDC PERP
Nado ONDO-PERP
Aster ONDOUSDT
Binance ONDOUSDT
Bybit ONDOUSDT
OKX ONDO-USDT-SWAP
Ondo Perps ONDO-USD.PShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx ONDO/USDC | +0.0100% | 1h | 0.4319 | −0.072% | — | — | 5x | as long as short |
| Gate ONDO_USDT | +0.0100% | 4h | 0.4318 | −0.099% | $13.0M | $15.9M | 50x | as long as short |
| MEXC ONDO_USDT | +0.0100% | 4h | 0.4317 | −0.123% | $44.0M | $42.6M | 200x | as long as short |
| KuCoin ONDOUSDTM | +0.0100% | 4h | 0.4318 | −0.099% | $12.1M | $10.4M | 50x | as long as short |
| Bitget ONDOUSDT | +0.0100% | 4h | 0.4318 | −0.099% | $24.7M | $36.6M | 50x | as long as short |
| BingX ONDO-USDT | +0.0100% | 4h | 0.4319 | −0.076% | — | $23.0M | — | as long as short |
| Backpack ONDO_USDC_PERP | +0.0100% | 1h | 0.4319 | −0.076% | $175K | $1.0M | 15x | as long as short |
| Variational Omni ONDO | +0.0100% | 4h | 0.4316 | −0.147% | $678K | $1.9M | — | as long as short |
| edgeX ONDOUSDC | +0.0100% | 4h | 0.4316 | −0.137% | $5K | $316K | 20x | as long as short |
| GRVT ONDO_USDT_Perp | +0.0100% | 4h | 0.4318 | −0.100% | $403K | $1.6M | 10x | as long as short |
| ApeX Omni ONDOUSDT | +0.0100% | 1h | 0.4315 | −0.169% | $132K | $339K | 50x | as long as short |
| Polymarket Perps ONDO-USD | +0.0100% | 1h | 0.4320 | −0.051% | $60K | $1.4M | 10x | as long as short |
| Orderly PERP_ONDO_USDC | +0.0100% | 4h | 0.4318 | −0.099% | $23K | $6K | 10x | as long as short |
| SunX ONDO-USDT | +0.0100% | 4h | 0.4319 | −0.076% | — | $1.4M | 20x | as long as short |
| SoDEX ONDO-USD | +0.0100% | 1h | 0.4319 | −0.076% | $2K | $15K | 10x | as long as short |
| HTX ONDO-USDT | +0.0100% | 4h | 0.4329 | +0.155% | $128K | $369K | 50x | as long as short |
| Phemex ONDOUSDT | +0.0100% | 4h | 0.4316 | −0.146% | $4.2M | $8.9M | 50x | as long as short |
| Paradex ONDO-USD-PERP | +0.0100% | 8h | 0.4320 | −0.047% | $6K | — | 10x | as long as short |
| Extended ONDO-USDshort | +0.0104% | 1h | 0.4318 | −0.100% | $357K | $817K | 25x | |
| Aevo ONDO-PERP | +0.0104% | 1h | 0.4321 | −0.030% | $37K | $13K | 3x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | +0.0213% | 1h | 0.4320 | −0.053% | $18K | $351K | 25x | as long as short |
| 01 Exchange ONDOUSD | +0.0256% | 1h | 0.4322 | −0.002% | $356 | $2K | 10x | as long as short |
| Coinbase International ONDO-PERP-INTX | +0.0280% | 1h | 0.4326 | +0.086% | $214K | $733K | 50x | as long as short |
| Phoenix ONDO | +0.0315% | 1h | 0.4323 | +0.005% | $35K | $221K | 10x | as long as short |
| BloFin ONDO-USDT | +0.0340% | 4h | 0.4323 | +0.016% | $3.2M | $3.1M | 75x | as long as short |
| Hyperliquid ONDO | +0.0397% | 1h | 0.4324 | +0.032% | $36.5M | $27.1M | 10x | as long as short |
| GMX ONDO/USD [ETH-USDC] | L +0.0573% / S −0.0203% | 1h | 0.4318 | −0.110% | $494K | — | 100x | as long as short |
| Reya ONDORUSDPERP | +0.1161% | 1h | 0.4319 | −0.078% | $2K | — | 20x | as long as short |
| dYdX ONDO-USD | +0.1708% | 1h | 0.4318 | −0.089% | $242K | $155K | 5x | as long as short |
RISEx ONDO/USDC
Gate ONDO_USDT
MEXC ONDO_USDT
KuCoin ONDOUSDTM
Bitget ONDOUSDT
BingX ONDO-USDT
Backpack ONDO_USDC_PERP
Variational Omni ONDO
edgeX ONDOUSDC
GRVT ONDO_USDT_Perp
ApeX Omni ONDOUSDT
Polymarket Perps ONDO-USD
Orderly PERP_ONDO_USDC
SunX ONDO-USDT
SoDEX ONDO-USD
HTX ONDO-USDT
Phemex ONDOUSDT
Paradex ONDO-USD-PERP
Aevo ONDO-PERP
Deribit ONDO_USDC-PERPETUAL
01 Exchange ONDOUSD
Coinbase International ONDO-PERP-INTX
Phoenix ONDO
BloFin ONDO-USDT
Hyperliquid ONDO
GMX ONDO/USD [ETH-USDC]
Reya ONDORUSDPERP
dYdX ONDO-USD