ONDO funding rate on Variational

Funding APR
+10.95%
0.0050% / 4h
Interval
4h
next 12:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
13
listing this pair

Over the last 30 days, ONDO funding on Variational averaged +3.8% APR and stayed positive 74.6% of the time, ranging from -65.5% to +10.9%. Right now it pays longs pay shorts at +10.9% APR, settled every 4h across 13 venues we track. The most reliable delta-neutral pairing for ONDO right now is long Phoenix / short Nado at +6.9% net APR (medium risk, ~4.2d to break even).

as of 2026-07-29 10:04 UTC

ONDO funding history on Variationallast 30d

30d average
+3.79%
Range
-65% / 11%
% positive
74.6%
Volatility
11.6
Best delta-neutral pairing
Long Phoenix / Short Nado
+6.9% net APR
Backtested (30d)
+15.8%
Stability
100%
Risk
medium
Breakeven
~4.2d

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
Extended+11.39%
Variational+10.95%
SoDEX+10.95%
EdgeX+10.95%
Hyperliquid+9.72%
Nado+9.21%
Lighter+7.88%
dYdX+0.00%
Aster-2.45%
Grvt-4.82%
Kraken-5.59%
Paradex-5.62%
Phoenix-10.75%

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 2026-07-29 10:04 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 Nado, currently 6.9% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy