ONDO arbitrage

ONDO right now

ONDO is cheapest on Bitrue ($0.406233) and dearest on BtcTurk ($0.407495): 0.31% apart across 24 exchanges with a liquid spot market, before fees.

2 routes in profit after fees are worth a look ("take" or "risky"); the best: MEXC → Hyperliquid, 0.01%.

Over 7 days a spread in profit opened 4,044 times, and 2,344 of them lasted a minute or longer; one usually closed within 2 min 12 s.

Funding per 8 hours runs from −0.0251% on Kraken to 0.0211% on BloFin, across 22 exchanges (outliers, markets under $50k a day and exchanges publishing no volume left out).

ONDO arbitrage strategy

No ONDO route worth taking with an open transfer right now. Gaps of a minute or longer open several times a week, though — here is how to catch the next one:

1. Watch MEXC → Phemex: the spread opened there 67 times in 7 days, 63 of them for a minute or longer; it usually lasts 6 min 32 s.
2. Check the transfer in advance: MEXC or Phemex does not publish its network status.
3. Set an alert on the route: you hear when the spread pays after fees. Then buy on MEXC and sell on Phemex.

The route and its alert →

More on ONDO

ONDO funding rates by exchange →

ONDO trades on: Bybit, OKX, XT, Binance, WEEX, MEXC, BingX, WhiteBIT, Coinbase, Bitget, Toobit, Gate and 26 more

FAQ

Why is the ONDO spread so high on some exchanges?

2 routes in profit after fees are worth a look ("take" or "risky"); the engine's commonest warnings: even when the prices meet, closing crosses each leg's bid-ask spread, and that eats the profit; best-level size unknown. We have no network status from Tokocrypto, Kraken and BingX +5, so a transfer there cannot be checked.

Where is ONDO cheapest to buy?

Cheapest now on Bitrue: $0.406233; dearest on BtcTurk: $0.407495, 0.31% apart. 24 exchanges with a liquid ONDO market compared, at the mid between bid and ask.

Can I transfer ONDO between Bitrue and KuCoin?

Yes: withdrawals from Bitrue and deposits to KuCoin are open now on ETH, a withdrawal fee of 2.2 ONDO. The networks' status is checked every 5 minutes; every network is in the table below.

Is there an arbitrage opportunity in ONDO right now?

Yes, in futures (no transfer: a long and a short): 1 route is worth a look ("take" or "risky"), the first MEXC → Hyperliquid, 0.01%, marked "risky".

Not on spot after fees: no spot route earns right now. The widest price gap is 0.31% (Bitrue → BtcTurk), and trading fees and the withdrawal eat it. In 7 days, gaps of a minute or longer opened most often between MEXC and Phemex: 63 times.

What is the ONDO spread now?

0.31% between the cheapest (Bitrue) and the dearest (BtcTurk) exchange, before fees. No route worth taking with an open transfer right now.