ONDO funding rate on Variational

Funding APR
+10.95%
0.0050% / 4h
Interval
4h
next 16:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
16
listing this pair

Over the last 30 days, ONDO funding on Variational averaged +5.3% APR and stayed positive 78.7% of the time, ranging from -41.1% to +10.9%. Right now it pays longs pay shorts at +10.9% APR, settled every 4h across 16 venues we track. The most reliable delta-neutral pairing for ONDO right now is long Phoenix / short Hyperliquid at +8.5% net APR (medium risk, ~2.3d to break even).

as of 2026-09-11 15:34 UTC

ONDO funding history on Variationallast 30d

30d average
+5.28%
Range
-41% / 11%
% positive
78.7%
Volatility
10.0
Best delta-neutral pairing
Long Phoenix / Short Hyperliquid
+8.5% net APR
Backtested (30d)
+13.8%
Stability
99.4%
Risk
medium
Breakeven
~2.3d

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

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How ONDO funding compares across venues

ExchangeFunding APR
Kraken+28.53%
Extended+11.39%
Hyperliquid+10.95%
Ondo+10.95%
Polymarket+10.95%
Variational+10.95%
Grvt+10.95%
Aster+10.95%
SoDEX+10.95%
Nado+10.95%
Paradex+10.84%
Lighter+10.51%
dYdX+0.00%
Phoenix-4.84%
n1xyz-7.01%
TxFlow-12.16%

Frequently asked

What is the current ONDO funding rate on Variational?

ONDO on Variational is funding at 10.95% APR (0.0050% every 4h), paid longs pay shorts, as of 2026-09-11 15:34 UTC.

How often does Variational pay funding on ONDO?

Every 4 hours.

How do I earn ONDO funding without price risk?

Open a delta-neutral position: long Phoenix and short Hyperliquid, currently 8.5% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy