ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0172%/8h= −18.8% APRnext payment −$0.21 per $10,000 · paid last 24h −0.050%

Price spread now: Polymarket Perps against 01 Exchange−0.039%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 Polymarket Perps

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

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Polymarket Perps is 0.039% cheaper against 01 Exchange than usual: you would sell low and buy high (−$4 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	0.4307	0.0272	pay 0.0034% / 1h	29m 08s	$354	$2K	10x
Short	Polymarket Perps ONDO-USD	0.4305	0.0100	get 0.0013% / 1h	29m 08s	$60K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.039%Rate

Funding earned: −$36.12
Price spread: −0.039% → 0.000%: −$3.95
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$55.07
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Polymarket Perps: live order book, 34 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 Polymarket Perps live order book, 34 min ago	2.08 bp	10.1 bp −$10	10.6 bp −$106	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_ONDOUSD	−0.0177%	1h	0.4311	+0.103%	$2.5M	$7.7M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4309	+0.053%	$28K	$362K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4306	−0.017%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+6.067%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4312	+0.123%	$1.1M	$2.3M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4306	−0.005%	$342K	$889K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4310	+0.080%	$759K	$2.8M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4309	+0.053%	$62.9M	$233.5M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4307	+0.007%	$67.5M	$122.1M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4309	+0.053%	$17.2M	$71.1M	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	0.4318	+0.253%	$71K	$79K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4303	−0.084%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4306	−0.016%	$13.2M	$15.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4308	+0.030%	$43.8M	$42.1M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4307	+0.007%	$12.1M	$10.3M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4307	+0.007%	$24.9M	$36.5M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4308	+0.030%	—	$782K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4308	+0.033%	$178K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4310	+0.072%	$678K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4313	+0.147%	$5K	$318K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4310	+0.078%	$404K	$1.6M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4313	+0.146%	$134K	$339K	50x	as long as short
Polymarket Perps ONDO-USDshort	+0.0100%	1h	0.4305	−0.039%	$60K	$1.4M	10x
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4308	+0.030%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4309	+0.053%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4309	+0.053%	$2K	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4314	+0.170%	$128K	$369K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4309	+0.053%	$4.2M	$9.1M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4306	−0.021%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4308	+0.028%	$359K	$824K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4310	+0.084%	$37K	$13K	3x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0256%	1h	0.4340	+0.773%	$214K	$719K	50x	as long as short
01 Exchange ONDOUSDlong	+0.0272%	1h	0.4307	long leg	$354	$2K	10x
Phoenix ONDO	+0.0277%	1h	0.4313	+0.135%	$35K	$218K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4312	+0.123%	$3.2M	$3.1M	75x	as long as short
Hyperliquid ONDO	+0.0529%	1h	0.4310	+0.084%	$36.2M	$27.7M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0581% / S −0.0208%	1h	0.4307	+0.001%	$498K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1162%	1h	0.4308	+0.025%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.3612%	1h	0.4306	−0.016%	$246K	$159K	5x	as long as short