ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against SunX−0.089%7-day average +0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$180as in the Price arb table

costs, in and out, $10k−$1671.670% of the position

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.399%+$40 on $10k

Price spread, last 3 days (all we have)+0.190%+$19 · spread now −0.089%, 7d avg +0.044%

Together, before fees+0.589%+$59 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.133% cheaper against SunX than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of +0.044%). If the spread goes back, that is −$13 on $10k: about 44 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ONDO-USDT	0.4510	0.0100	pay 0.0050% / 4h	1h 59m	—	$1.4M	20x
Short	BloFin ONDO-USDT	0.4506	0.0340	get 0.0170% / 4h	1h 59m	$3.2M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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 SunXbpFee BloFinbpOrdersPrice spread, now −0.089%Rate

Funding earned: $50.4
Price spread: −0.089% → +0.044%: −$13.3
Slippage, 4 orders: −$146.99
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$129.88
Costs to cover: 1.670%
Break-even: 25.0 days

Slippage from SunX: live order book, 5 min ago; BloFin: live order book, 4 min ago.

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 SunX live order book, 5 min ago	47.73 bp	71.5 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	3.33 bp	14.4 bp −$14	18.5 bp −$185	38.8 bp −$3,881	124.8 bp −$62.4K

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	−0.0357%	1h	0.4509	−0.023%	$2.8M	$8.0M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4509	−0.022%	$19K	$364K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4512	+0.054%	$6K	—	150x	as long as short
Phoenix ONDO	+0.0018%	1h	0.4509	−0.031%	$29K	$213K	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4510	0.000%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4511	+0.028%	$423K	$682K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4515	+0.111%	$760K	$2.0M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4509	−0.014%	$66.4M	$220.6M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4513	+0.067%	$73.1M	$118.1M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4511	+0.022%	$17.6M	$79.9M	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	0.4513	+0.058%	$72K	$84K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4507	−0.059%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4511	+0.022%	$11.8M	$18.0M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4511	+0.022%	$47.2M	$43.7M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4512	+0.044%	$13.4M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4511	+0.022%	$25.5M	$41.3M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4513	+0.067%	—	$22.6M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4511	+0.024%	$195K	$973K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4505	−0.103%	$789K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4507	−0.074%	$5K	$319K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4504	−0.140%	$425K	$937K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4510	0.000%	$159K	$333K	50x	as long as short
SunX ONDO-USDTlong	+0.0100%	4h	0.4510	long leg	—	$1.4M	20x
SoDEX ONDO-USD	+0.0100%	1h	0.4510	0.000%	$469	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4513	+0.067%	$129K	$510K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4509	−0.022%	$4.7M	$6.3M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4505	−0.102%	$6K	$9	10x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4514	+0.080%	$81K	$1.1M	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4510	−0.003%	$401K	$917K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4512	+0.044%	$44K	$8K	3x	as long as short
Injective ONDO/USDC PERP	+0.0151%	1h	0.4503	−0.155%	$1K	$181K	5.5x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4513	+0.067%	$298K	$842K	50x	as long as short
BloFin ONDO-USDTshort	+0.0340%	4h	0.4506	−0.089%	$3.2M	$3.1M	75x
01 Exchange ONDOUSD	+0.0360%	1h	0.4515	+0.102%	$372	$2K	10x	as long as short
Lighter ONDO	+0.0552%	1h	0.4516	+0.122%	$1.4M	$2.1M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0590% / S −0.0191%	1h	0.4512	+0.035%	$543K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1140%	1h	0.4514	+0.083%	$2K	—	20x	as long as short
Hyperliquid ONDO	+0.1161%	1h	0.4518	+0.175%	$40.4M	$27.6M	10x	as long as short
dYdX ONDO-USD	+0.8817%	1h	0.4507	−0.071%	$255K	$129K	5x	as long as short