ONDO funding rates

ONDO perpetual funding is currently quoted across 16 venues, ranging from -24.9% to +17.2% APR. The most reliable delta-neutral pairing for ONDO right now is long Phoenix / short Hyperliquid at +6.4% net APR (medium risk, ~2.7d to break even).

as of 2026-09-12 18:41 UTC
Best delta-neutral pairing
Long Phoenix / Short Hyperliquid
+6.4% net APR
Backtested (30d)
+14.4%
Stability
99.4%
Risk
medium
Breakeven
~2.7d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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ONDO funding by exchange

ExchangeFunding APR
Kraken+17.18%
Extended+11.39%
Hyperliquid+10.95%
Ondo+10.95%
Polymarket+10.95%
Variational+10.95%
Aster+10.95%
Grvt+10.95%
SoDEX+10.95%
Nado+10.95%
Paradex+10.93%
Lighter+10.51%
dYdX+0.00%
Phoenix-2.50%
n1xyz-4.38%
TxFlow-24.91%

Frequently asked

What is the ONDO funding rate right now?

ONDO perpetual funding ranges from -24.91% to 17.18% APR across 16 exchanges we track; the widest delta-neutral spread is long Phoenix / short Hyperliquid at 6.4% net APR.

Which exchange has the highest ONDO funding rate?

Kraken currently has the highest at 17.18% APR. See the full ranking above.