ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.6193%/8h= +678.2% APRnext payment +$7.74 per $10,000 · paid last 24h +1.643%

Price spread now: dYdX against Nado−0.056%49s7-day average −0.013% · 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—prices read too far apart to compare

costs, in and out, $10k−$3883.879% of the position

Long on Nado Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+2.649%+$265 on $10k

Price spread, last 3 days (all we have)−0.101%−$10 · spread now −0.056%, 7d avg −0.013%

Together, before fees+2.548%+ Points / potential airdropNado: Active · farm board+$255 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.043% cheaper against Nado than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of −0.013%). If the spread goes back, that is −$4 on $10k: about under an hour of funding at the current rate (+$186 a day). At the pace of the last 3 days (+2.649% in total) that is about 1 hour. The two prices were read 49 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	Nado ONDO-PERP	0.4567	0.0100	pay 0.0012% / 1h	43m 47s	$431K	$705K	10x
Short	dYdX ONDO-USD	0.4565	0.6293	get 0.0787% / 1h	43m 47s	$258K	$131K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.056%Rate

Funding earned: $1,300.62
Price spread: −0.056% → −0.013%: −$4.26
Slippage, 4 orders: −$370.91
Fee Nado: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: $908.45
Costs to cover: 3.879%
Break-even: 2.1 days

Slippage from Nado: live order book, 34 min ago; dYdX: live order book, 35 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, 34 min ago	1.95 bp	7.6 bp −$8	24.5 bp −$245	doesn't fit	doesn't fit
Sell dYdX live order book, 35 min ago	76.42 bp	291.5 bp −$291	475.3 bp −$4,753	494.4 bp −$49.4K	790.7 bp −$395.3K

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	−0.0798%	1h	0.4569	+0.032%	$2.8M	$8.1M	50x	as long as short
Injective ONDO/USDC PERP	−0.0545%	1h	0.4568	+0.011%	$888	$216K	5.5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4568	+0.016%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4568	+0.011%	$25K	$8K	10x	as long as short
Nado ONDO-PERPlong	+0.0100%	1h	0.4567	long leg	$431K	$705K	10x
Aster ONDOUSDT	+0.0100%	4h	0.4568	+0.011%	$721K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4564	−0.081%	$68.2M	$227.6M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4562	−0.120%	$74.0M	$122.8M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4560	−0.164%	$17.8M	$81.1M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4566	−0.039%	$74K	$89K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx ONDO/USDC	+0.0100%	1h	0.4563	−0.096%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4564	−0.077%	$12.0M	$18.0M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4560	−0.164%	$49.5M	$43.3M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4566	−0.033%	$13.8M	$11.0M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4561	−0.142%	$25.9M	$41.4M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4560	−0.164%	—	$739K	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4573	+0.119%	$787K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4575	+0.154%	$5K	$320K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4575	+0.156%	$433K	$960K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4568	+0.011%	$173K	$312K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4572	+0.099%	$69K	$1.2M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4562	−0.120%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4569	+0.033%	$475	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4571	+0.077%	$133K	$503K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4570	+0.055%	$4.7M	$6.8M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4560	−0.172%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4559	−0.182%	$409K	$846K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4573	+0.110%	$44K	$8K	3x	as long as short
Backpack ONDO_USDC_PERP	+0.0175%	1h	0.4570	+0.057%	$230K	$1.0M	15x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0188%	1h	0.4570	+0.055%	$36K	$436K	25x	as long as short
Phoenix ONDO	+0.0244%	1h	0.4573	+0.131%	$38K	$257K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0304%	1h	0.4565	−0.055%	$299K	$852K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4566	−0.033%	$3.3M	$3.2M	75x	as long as short
Hyperliquid ONDO	+0.0341%	1h	0.4568	+0.015%	$40.5M	$26.8M	10x	as long as short
01 Exchange ONDOUSD	+0.0440%	1h	0.4569	+0.026%	$376	$2K	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0587% / S −0.0188%	1h	0.4569	+0.034%	$545K	—	100x	as long as short
Lighter ONDO	+0.0928%	1h	0.4573	+0.112%	$1.5M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1142%	1h	0.4570	+0.063%	$2K	—	20x	as long as short
dYdX ONDO-USDshort	+0.6293%	1h	0.4565	−0.056%	$258K	$131K	5x