ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0613%/8h= +67.1% APRnext payment +$0.77 per $10,000 · paid last 24h +1.394%

Price spread now: dYdX against SoDEX−0.170%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on dYdX

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—needs both histories

Funding pays, the price is against you. dYdX is 0.170% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.170% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 22 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ONDO-USD	0.4359	0.0100	pay 0.0013% / 1h	16m 28s	$453	$13K	10x
Short	dYdX ONDO-USD	0.4352	0.0713	get 0.0089% / 1h	16m 28s	$246K	$129K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. 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 SoDEXbpFee dYdXbpOrdersPrice spread, now −0.170%Rate

Funding earned: $128.65
Price spread: −0.170% → 0.000%: −$16.98
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: $93.67
Costs to cover: 0.180%
Break-even: 1.9 days

Slippage unknown: SoDEX: no order-book sample; dYdX: live order book, 38 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 SoDEX no order-book sample	—	—	—	—	—
Sell dYdX live order book, 38 min ago	18.13 bp	66.2 bp −$66	201.9 bp −$2,019	230.4 bp −$23.0K	855.9 bp −$427.9K

SoDEX: 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	−0.0161%	1h	0.4356	−0.069%	$2.6M	$7.7M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4355	−0.095%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+4.795%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4357	−0.039%	$1.1M	$2.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4356	−0.069%	$23K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4356	−0.063%	$359K	$840K	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4356	−0.072%	$62.8M	$231.0M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4353	−0.138%	$67.7M	$124.6M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4354	−0.115%	$17.1M	$72.2M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4345	−0.328%	$72K	$83K	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	0.4354	−0.110%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4354	−0.115%	$11.8M	$16.2M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4356	−0.069%	$43.1M	$42.0M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4354	−0.115%	$12.6M	$10.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4354	−0.115%	$24.9M	$39.6M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4356	−0.069%	—	$760K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4352	−0.170%	$183K	$978K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4352	−0.167%	$702K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4357	−0.052%	$4K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4353	−0.138%	$403K	$1.2M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4349	−0.229%	$134K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4355	−0.099%	$66K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4360	+0.023%	—	$1.4M	20x	as long as short
SoDEX ONDO-USDlong	+0.0100%	1h	0.4359	long leg	$453	$13K	10x
HTX ONDO-USDT	+0.0100%	4h	0.4367	+0.184%	$129K	$423K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4357	−0.046%	$4.2M	$8.0M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4356	−0.077%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4356	−0.074%	$393K	$796K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4360	+0.034%	$38K	$13K	3x	as long as short
Aster ONDOUSDT	+0.0151%	4h	0.4356	−0.069%	$787K	$2.6M	20x	as long as short
01 Exchange ONDOUSD	+0.0168%	1h	0.4355	−0.085%	$358	$2K	10x	as long as short
Hyperliquid ONDO	+0.0180%	1h	0.4354	−0.106%	$37.3M	$24.5M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0272%	1h	0.4368	+0.206%	$246K	$725K	50x	as long as short
Phoenix ONDO	+0.0327%	1h	0.4353	−0.128%	$35K	$218K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4357	−0.046%	$3.1M	$3.0M	75x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0439%	1h	0.4359	0.000%	$18K	$362K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0555% / S −0.0193%	1h	0.4355	−0.097%	$484K	—	100x	as long as short
dYdX ONDO-USDshort	+0.0713%	1h	0.4352	−0.170%	$246K	$129K	5x
Reya ONDORUSDPERP	+0.1154%	1h	0.4354	−0.109%	$2K	—	20x	as long as short