ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.007%

Price spread now: Aster against Orderly+0.092%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.092% dearer against Orderly than usual: you sell high and buy low, +$9 on $10k if it 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	Orderly PERP_ONDO_USDC	0.4336	0.0100	pay 0.0050% / 4h	2h 53m	$23K	$6K	10x
Short	Aster ONDOUSDT	0.4340	0.0107	get 0.0054% / 4h	2h 53m	$777K	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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 OrderlybpFee AsterbpOrdersPrice spread, now +0.092%Rate

Funding earned: $1.55
Price spread: +0.092% → 0.000%: $9.23
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$3.23
Costs to cover: 0.140%
Break-even: 21.6 days

Slippage unknown: Orderly: no order-book sample; Aster: live order book, 5 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 Orderly no order-book sample	—	—	—	—	—
Sell Aster live order book, 5 min ago	1.15 bp	8.1 bp −$8	38.4 bp −$384	doesn't fit	doesn't fit

Orderly: 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	−0.0241%	1h	0.4336	−0.002%	$2.6M	$7.9M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4335	−0.013%	$248K	$133K	5x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4337	+0.023%	$18K	$362K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4336	−0.002%	$7K	—	150x	as long as short
01 Exchange ONDOUSD	+0.0024%	1h	0.4335	−0.021%	$357	$2K	10x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.351%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4341	+0.122%	$1.1M	$2.4M	10x	as long as short
Orderly PERP_ONDO_USDClong	+0.0100%	4h	0.4336	long leg	$23K	$6K	10x
Nado ONDO-PERP	+0.0100%	1h	0.4338	+0.040%	$351K	$875K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4341	+0.106%	$36.5M	$25.7M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ONDOUSDT	+0.0100%	4h	0.4341	+0.115%	$62.4M	$234.3M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4339	+0.069%	$67.5M	$124.9M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4341	+0.115%	$17.1M	$72.7M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4346	+0.242%	$72K	$83K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4334	−0.045%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4338	+0.046%	$12.0M	$16.2M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4339	+0.069%	$42.8M	$41.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4338	+0.046%	$12.1M	$10.6M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4340	+0.092%	$24.9M	$39.9M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4338	+0.046%	—	$23.6M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4340	+0.090%	$175K	$983K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4341	+0.109%	$683K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4335	−0.028%	$4K	$315K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4340	+0.092%	$407K	$1.2M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4339	+0.069%	$134K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4337	+0.021%	$67K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4335	−0.023%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4339	+0.069%	$451	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4345	+0.208%	$128K	$428K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4340	+0.092%	$4.2M	$8.1M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4334	−0.052%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4338	+0.036%	$389K	$792K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4339	+0.067%	$38K	$13K	3x	as long as short
Aster ONDOUSDTshort	+0.0107%	4h	0.4340	+0.092%	$777K	$2.6M	20x
Coinbase International ONDO-PERP-INTX	+0.0272%	1h	0.4338	+0.046%	$218K	$766K	50x	as long as short
Phoenix ONDO	+0.0332%	1h	0.4342	+0.129%	$35K	$223K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4341	+0.115%	$3.1M	$3.1M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0554% / S −0.0193%	1h	0.4336	+0.006%	$482K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1155%	1h	0.4338	+0.040%	$2K	—	20x	as long as short