ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.14 per $10,000 · paid last 24h +0.029%

Price spread now: GMX against SoDEX−0.123%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 GMX

What this pair did over the last

the charts below follow

Funding, last 4 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. GMX is 0.123% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.123% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 3.8 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ONDO-USD	0.4365	0.0100	pay 0.0013% / 1h	21m 13s	$2K	$14K	10x
Short	GMX ONDO/USD [ETH-USDC]	0.4360	L +0.0584% / S −0.0208%	get 0.0026% / 1h	21m 13s	$504K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.123%Rate

Funding earned: $22.71
Price spread: −0.123% → 0.000%: −$12.33
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$9.62
Costs to cover: 0.200%
Break-even: 10.0 days

Slippage unknown: SoDEX: no order-book sample; GMX: 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 SoDEX no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

SoDEX and GMX: 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	−0.0175%	1h	0.4364	−0.031%	$2.5M	$7.7M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4352	−0.295%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+4.651%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4368	+0.060%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4360	−0.109%	$344K	$889K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4364	−0.023%	$767K	$2.8M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4363	−0.056%	$63.6M	$232.7M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4358	−0.160%	$68.1M	$121.8M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4361	−0.092%	$17.4M	$71.4M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4309	−1.285%	$71K	$79K	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	−0.244%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4363	−0.046%	$13.4M	$15.2M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4361	−0.092%	$43.6M	$42.3M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4364	−0.023%	$12.3M	$10.2M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4363	−0.046%	$25.2M	$36.0M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4362	−0.069%	—	$780K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4358	−0.170%	$181K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4300	−1.497%	$676K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4343	−0.514%	$5K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4350	−0.351%	$403K	$1.7M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4345	−0.458%	$134K	$339K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4358	−0.151%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4363	−0.046%	$24K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4366	+0.023%	—	$1.4M	20x	as long as short
SoDEX ONDO-USDlong	+0.0100%	1h	0.4365	long leg	$2K	$14K	10x
HTX ONDO-USDT	+0.0100%	4h	0.4372	+0.160%	$132K	$369K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4362	−0.069%	$4.3M	$9.1M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4357	−0.191%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4365	+0.010%	$363K	$824K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4368	+0.057%	$38K	$13K	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0208%	1h	0.4366	+0.023%	$29K	$360K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0256%	1h	0.4364	−0.023%	$215K	$717K	50x	as long as short
01 Exchange ONDOUSD	+0.0272%	1h	0.4362	−0.064%	$359	$2K	10x	as long as short
Phoenix ONDO	+0.0277%	1h	0.4351	−0.328%	$35K	$218K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4361	−0.092%	$3.2M	$3.1M	75x	as long as short
Hyperliquid ONDO	+0.0475%	1h	0.4365	+0.002%	$36.7M	$27.7M	10x	as long as short
GMX ONDO/USD [ETH-USDC]short	L +0.0584% / S −0.0208%	1h	0.4360	−0.123%	$504K	—	100x
Reya ONDORUSDPERP	+0.1163%	1h	0.4362	−0.062%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.3379%	1h	0.4355	−0.222%	$249K	$159K	5x	as long as short