ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0761%/8h= −83.4% APRnext payment −$0.95 per $10,000 · paid last 24h +0.114%

Price spread now: Kraken Futures against 01 Exchange−0.062%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Kraken Futures

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

Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Kraken Futures is 0.062% cheaper against 01 Exchange than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ONDOUSD	0.4554	0.0408	pay 0.0051% / 1h	44m 36s	$375	$2K	10x
Short	Kraken Futures PF_ONDOUSD	0.4551	−0.0353	pay 0.0044% / 1h	44m 36s	$2.8M	$8.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against 01 Exchange. 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 01 ExchangebpFee Kraken FuturesbpOrdersPrice spread, now −0.062%Rate

Funding earned: −$159.85
Price spread: −0.062% → 0.000%: −$6.2
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$183.05
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Kraken Futures: live order book, 4 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 4 min ago	2.21 bp	19.9 bp −$20	34.7 bp −$347	doesn't fit	doesn't fit

01 Exchange: 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_ONDOUSDshort	−0.0353%	1h	0.4551	−0.062%	$2.8M	$8.0M	50x
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4550	−0.082%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4552	−0.048%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4552	−0.054%	$427K	$680K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4554	−0.004%	$763K	$2.0M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4553	−0.027%	$67.0M	$219.7M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4554	−0.004%	$73.8M	$117.9M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4551	−0.070%	$17.7M	$80.2M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4543	−0.235%	$73K	$85K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4549	−0.107%	—	—	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ONDO_USDT	+0.0100%	4h	0.4552	−0.048%	$11.9M	$18.0M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4552	−0.048%	$47.9M	$44.1M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4552	−0.048%	$13.5M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4552	−0.048%	$25.7M	$41.2M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4552	−0.048%	—	$22.5M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4554	−0.002%	$196K	$971K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4533	−0.464%	$797K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4533	−0.462%	$5K	$319K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4530	−0.529%	$419K	$941K	10x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4553	−0.015%	$81K	$1.1M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4555	+0.018%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4555	+0.018%	$473	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4562	+0.171%	$131K	$504K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4549	−0.114%	$4.8M	$6.4M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4551	−0.060%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4550	−0.089%	$403K	$857K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4556	+0.047%	$44K	$8K	3x	as long as short
Phoenix ONDO	+0.0142%	1h	0.4521	−0.729%	$29K	$219K	10x	as long as short
Injective ONDO/USDC PERP	+0.0151%	1h	0.4503	−1.124%	$1K	$181K	5.5x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4557	+0.061%	$301K	$854K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4551	−0.070%	$3.2M	$3.1M	75x	as long as short
ApeX Omni ONDOUSDT	+0.0343%	1h	0.4538	−0.356%	$160K	$333K	50x	as long as short
01 Exchange ONDOUSDlong	+0.0408%	1h	0.4554	long leg	$375	$2K	10x
Deribit ONDO_USDC-PERPETUAL	+0.0409%	1h	0.4556	+0.040%	$19K	$364K	25x	as long as short
Hyperliquid ONDO	+0.0509%	1h	0.4556	+0.046%	$40.7M	$27.3M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0592% / S −0.0191%	1h	0.4552	−0.055%	$548K	—	100x	as long as short
Lighter ONDO	+0.0608%	1h	0.4560	+0.119%	$1.4M	$2.1M	10x	as long as short
Reya ONDORUSDPERP	+0.1140%	1h	0.4554	−0.003%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.1145%	1h	0.4549	−0.108%	$257K	$130K	5x	as long as short