ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0164%/8h= +18.0% APRnext payment +$0.20 per $10,000 · paid last 24h +0.105%

Price spread now: Coinbase International against Ondo Perps+0.485%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.745%+$75 on $10k

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

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.485% dearer against Ondo Perps than usual: you sell high and buy low: +$49 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps ONDO-USD.P	0.4306	0.0100	pay 0.0013% / 1h	30m 19s	$71K	$81K	10x
Short	Coinbase International ONDO-PERP-INTX	0.4327	0.0264	get 0.0033% / 1h	30m 19s	$214K	$726K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Ondo Perps. 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 Ondo PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now +0.485%Rate

Funding earned: $34.44
Price spread: +0.485% → 0.000%: $48.54
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $67.98
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 13 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 13 min ago	9.25 bp	22.8 bp −$23	64.5 bp −$645	doesn't fit	doesn't fit

Ondo Perps: 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	−0.0147%	1h	0.4313	+0.164%	$2.5M	$7.8M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4313	+0.159%	$7K	—	150x	as long as short
dYdX ONDO-USD	+0.0005%	1h	0.4314	+0.190%	$242K	$141K	5x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+6.082%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4318	+0.272%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4314	+0.183%	$346K	$897K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4321	+0.346%	$775K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4320	+0.333%	$62.5M	$236.1M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4319	+0.300%	$67.5M	$124.7M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4321	+0.346%	$17.1M	$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.Plong	+0.0100%	1h	0.4306	long leg	$71K	$81K	10x
RISEx ONDO/USDC	+0.0100%	1h	0.4314	+0.183%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4317	+0.253%	$12.4M	$16.0M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4319	+0.300%	$42.8M	$42.7M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4315	+0.207%	$11.9M	$10.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4317	+0.253%	$24.7M	$39.0M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4319	+0.300%	—	$23.4M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4315	+0.211%	$171K	$994K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4313	+0.154%	$665K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4316	+0.234%	$5K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4316	+0.231%	$408K	$1.4M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4317	+0.253%	$132K	$340K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4318	+0.267%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4319	+0.300%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4315	+0.207%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4315	+0.207%	$449	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4325	+0.439%	$128K	$403K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4314	+0.183%	$4.2M	$8.6M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4315	+0.200%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4314	+0.183%	$391K	$792K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4316	+0.230%	$37K	$13K	3x	as long as short
Hyperliquid ONDO	+0.0107%	1h	0.4318	+0.267%	$36.2M	$27.2M	10x	as long as short
01 Exchange ONDOUSD	+0.0168%	1h	0.4317	+0.253%	$355	$2K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0214%	1h	0.4315	+0.207%	$18K	$362K	25x	as long as short
Coinbase International ONDO-PERP-INTXshort	+0.0264%	1h	0.4327	+0.485%	$214K	$726K	50x
Phoenix ONDO	+0.0313%	1h	0.4316	+0.232%	$34K	$223K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4316	+0.230%	$3.2M	$3.2M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0560% / S −0.0197%	1h	0.4313	+0.149%	$485K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1158%	1h	0.4319	+0.294%	$2K	—	20x	as long as short