About Ondo Perpetual

The ONDO Perpetual-Style Futures contract trades 24/7 and allows traders to manage risk, trade on margin, or speculate on the price of ONDO. Each contract represents 1,000 ONDO. This contract incorporates a funding rate mechanism to keep the futures prices closely aligned with the price of ONDO. Perpetual-style futures contracts also enjoy the 60/40 tax treatment, where 60% of the gains are taxed as long-term capital gains and 40% as short-term capital gains, regardless of the holding period.

This contract is available to trade on Coinbase Derivatives Exchange (CDE).Trading is available 24/7 with a 1 hr break on Fridays 5-6 EST. The market is currently open.

Contract Details

Funding rate

-0.0017%

Funding Est.

23 minutes

Direction

Short pays long

Expiry

Dec 2030 (4 years)

Contract size

1,000 ONDO

Currency

USD

Stats

Open interest

$1.54M

Settlement price

Not enough data

Volume (24h)

$1.94M

32%

Price trends

Price change (24h)

4.65%

Mid price

$0.3507

High (24h)

$0.3726

Low (24h)

$0.3484

High (1Y)

$0.486

Low (1Y)

$0.2415

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