ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0164%/8h= +18.0% APRnext payment +$0.21 per $10,000 · paid last 24h +0.105%

Price spread now: Coinbase International against Nado−0.017%7-day average +0.231% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$530.528% of the position

Long on Nado Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.482%+$48 on $10k

Price spread, last 4 days (all we have)+0.241%+$24 · spread now −0.017%, 7d avg +0.231%

Together, before fees+0.724%+ Points / potential airdropNado: Active · farm board+$72 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.248% cheaper against Nado than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.231%). If the spread goes back, that is −$25 on $10k: about 5.0 days of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.482% in total) that is about 43 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ONDO-PERP	0.4329	0.0100	pay 0.0012% / 1h	46m 08s	$346K	$894K	10x
Short	Coinbase International ONDO-PERP-INTX	0.4328	0.0264	get 0.0033% / 1h	46m 08s	$214K	$726K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. 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 NadobpFee Coinbase InternationalbpOrdersPrice spread, now −0.017%Rate

Funding earned: $34.44
Price spread: −0.017% → +0.231%: −$24.84
Slippage, 4 orders: −$35.84
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$43.24
Costs to cover: 0.528%
Break-even: 15.8 days

Slippage from Nado: live order book, 62 min ago; Coinbase International: live order book, 62 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 Nado live order book, 62 min ago	0.46 bp	7.7 bp −$8	18.8 bp −$188	doesn't fit	doesn't fit
Sell Coinbase International live order book, 62 min ago	8.07 bp	13.6 bp −$14	56.9 bp −$569	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	−0.0146%	1h	0.4326	−0.052%	$2.5M	$7.8M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4330	+0.017%	$243K	$137K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4327	−0.040%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.527%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4331	+0.047%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERPlong	+0.0100%	1h	0.4329	long leg	$346K	$894K	10x
Aster ONDOUSDT	+0.0100%	4h	0.4330	+0.036%	$774K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4327	−0.035%	$62.9M	$238.5M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4324	−0.110%	$67.4M	$126.4M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4328	−0.017%	$17.2M	$73.5M	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	0.4348	+0.438%	$71K	$83K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4327	−0.050%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4325	−0.087%	$12.3M	$15.9M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4326	−0.064%	$43.0M	$42.3M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4327	−0.040%	$11.9M	$10.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4326	−0.064%	$24.8M	$39.5M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4327	−0.040%	—	$23.7M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4328	−0.024%	$177K	$995K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4337	+0.186%	$642K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4342	+0.309%	$4K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4343	+0.329%	$408K	$1.4M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4342	+0.306%	$133K	$340K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4329	+0.006%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4327	−0.040%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4328	−0.017%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4328	−0.017%	$450	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4332	+0.075%	$128K	$429K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4329	+0.006%	$4.2M	$8.5M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4328	−0.011%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4327	−0.040%	$393K	$796K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4330	+0.017%	$38K	$13K	3x	as long as short
01 Exchange ONDOUSD	+0.0200%	1h	0.4327	−0.031%	$356	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTXshort	+0.0264%	1h	0.4328	−0.017%	$214K	$726K	50x
Phoenix ONDO	+0.0313%	1h	0.4349	+0.475%	$35K	$223K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4334	+0.121%	$3.2M	$3.2M	75x	as long as short
Hyperliquid ONDO	+0.0363%	1h	0.4329	+0.010%	$36.3M	$27.3M	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0443%	1h	0.4329	+0.006%	$18K	$362K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0562% / S −0.0197%	1h	0.4327	−0.044%	$487K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1157%	1h	0.4327	−0.040%	$2K	—	20x	as long as short