ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1058%/8h= +115.9% APRnext payment +$1.32 per $10,000 · paid last 24h +0.310%

Price spread now: Reya against Polymarket Perps−0.031%7-day average — · you buy dearer than you sell

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

Long on Polymarket Perps Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Reya is 0.031% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$32 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ONDO-USD	0.4333	0.0100	pay 0.0013% / 1h	23m 10s	$61K	$1.4M	10x
Short	Reya ONDORUSDPERP	0.4331	0.1158	get 0.0145% / 1h	23m 10s	$2K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Polymarket 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 Polymarket PerpsbpFee ReyabpOrdersPrice spread, now −0.031%Rate

Funding earned: $222.24
Price spread: −0.031% → 0.000%: −$3.1
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $205.14
Costs to cover: 0.140%
Break-even: 0.5 days

Slippage unknown: Polymarket Perps: live order book, 5 min ago; Reya: 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 Polymarket Perps live order book, 5 min ago	1.50 bp	5.5 bp −$6	5.8 bp −$58	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.031%	$2.5M	$7.8M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4330	−0.051%	$7K	—	150x	as long as short
dYdX ONDO-USD	+0.0004%	1h	0.4334	+0.038%	$243K	$141K	5x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.433%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4336	+0.069%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4334	+0.021%	$348K	$893K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4332	−0.014%	$779K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4329	−0.072%	$62.5M	$235.1M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4328	−0.106%	$67.9M	$124.3M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4329	−0.083%	$17.3M	$72.5M	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	0.4334	+0.042%	$71K	$81K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4330	−0.053%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4331	−0.037%	$12.5M	$16.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4329	−0.083%	$43.5M	$42.8M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4332	−0.014%	$12.0M	$10.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4328	−0.106%	$24.8M	$38.0M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4330	−0.060%	—	$23.3M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4333	+0.014%	$172K	$993K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4342	+0.211%	$667K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4327	−0.134%	$5K	$315K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4328	−0.105%	$406K	$1.4M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4328	−0.106%	$132K	$340K	50x	as long as short
Polymarket Perps ONDO-USDlong	+0.0100%	1h	0.4333	long leg	$61K	$1.4M	10x
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4331	−0.037%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4332	−0.014%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4333	+0.009%	$450	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4340	+0.171%	$129K	$401K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4328	−0.106%	$4.2M	$8.6M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4333	+0.016%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4333	+0.002%	$375K	$804K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4336	+0.090%	$38K	$13K	3x	as long as short
Hyperliquid ONDO	+0.0143%	1h	0.4333	+0.005%	$36.4M	$27.1M	10x	as long as short
01 Exchange ONDOUSD	+0.0200%	1h	0.4333	+0.005%	$357	$2K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0212%	1h	0.4333	+0.009%	$18K	$362K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0264%	1h	0.4342	+0.217%	$215K	$728K	50x	as long as short
Phoenix ONDO	+0.0313%	1h	0.4336	+0.088%	$35K	$223K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4334	+0.032%	$3.1M	$3.2M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0573% / S −0.0203%	1h	0.4330	−0.050%	$495K	—	100x	as long as short
Reya ONDORUSDPERPshort	+0.1158%	1h	0.4331	−0.031%	$2K	—	20x