ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.086%

Price spread now: 01 Exchange against Lighter−0.065%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. 01 Exchange is 0.065% cheaper against Lighter than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ONDO	0.4336	0.0096	pay 0.0012% / 1h	22m 50s	$1.1M	$2.4M	10x
Short	01 Exchange ONDOUSD	0.4333	0.0200	get 0.0025% / 1h	22m 50s	$357	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Lighter. 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 LighterbpFee 01 ExchangebpOrdersPrice spread, now −0.065%Rate

Funding earned: $21.84
Price spread: −0.065% → 0.000%: −$6.46
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $8.38
Costs to cover: 0.070%
Break-even: 4.3 days

Slippage unknown: Lighter: live order book, 4 min ago; 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 Lighter live order book, 4 min ago	6.79 bp	7.2 bp −$7	22.7 bp −$227	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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	−0.0146%	1h	0.4331	−0.100%	$2.5M	$7.8M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4330	−0.120%	$7K	—	150x	as long as short
dYdX ONDO-USD	+0.0004%	1h	0.4334	−0.031%	$243K	$141K	5x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.360%	$888	$216K	5.5x	as long as short
Lighter ONDOlong	+0.0096%	1h	0.4336	long leg	$1.1M	$2.4M	10x
Nado ONDO-PERP	+0.0100%	1h	0.4334	−0.048%	$348K	$893K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4337	+0.025%	$780K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4336	−0.001%	$62.6M	$235.1M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4335	−0.014%	$67.9M	$124.3M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4336	+0.009%	$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	−0.028%	$71K	$81K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4330	−0.122%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4333	−0.060%	$12.5M	$16.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4335	−0.014%	$43.6M	$42.8M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4332	−0.083%	$12.0M	$10.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4334	−0.037%	$24.8M	$38.0M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4336	+0.009%	—	$772K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4333	−0.055%	$172K	$993K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4342	+0.142%	$667K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4327	−0.203%	$5K	$315K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4328	−0.174%	$406K	$1.4M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4328	−0.175%	$132K	$340K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4333	−0.069%	$61K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4331	−0.106%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4332	−0.083%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4333	−0.060%	$450	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4340	+0.101%	$129K	$401K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4328	−0.175%	$4.2M	$8.6M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4333	−0.053%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4334	−0.038%	$375K	$803K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4336	+0.021%	$38K	$13K	3x	as long as short
Hyperliquid ONDO	+0.0148%	1h	0.4340	+0.090%	$36.4M	$27.1M	10x	as long as short
01 Exchange ONDOUSDshort	+0.0200%	1h	0.4333	−0.065%	$357	$2K	10x
Deribit ONDO_USDC-PERPETUAL	+0.0212%	1h	0.4333	−0.060%	$18K	$362K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0264%	1h	0.4342	+0.148%	$215K	$728K	50x	as long as short
Phoenix ONDO	+0.0313%	1h	0.4336	+0.018%	$35K	$223K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4334	−0.037%	$3.1M	$3.2M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0573% / S −0.0203%	1h	0.4330	−0.119%	$495K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1158%	1h	0.4331	−0.100%	$2K	—	20x	as long as short