Separated at birth
11 stocks come as two tokens on Robinhood Chain, one issued by Robinhood and one by Ondo. Both follow the same share, so per share they should cost the same. This is how far apart they are right now.
WIDEST GAP RIGHT NOW
GME -0.262%
GMEon is cheaper per share
- PAIRS
- 11
- NOT LEVEL
- 2
- IN THE POOLS
- $522,263
- READ
- just now
| Stock | Gap per share | Pool depth | Fee to Ondo | Fee to Robinhood | ||
|---|---|---|---|---|---|---|
| $25.001.0000 sh | $25.361.0171 sh | -0.262%GMEon cheaper | $48,633 | 0.010% | 0.000% | |
| $281.521.0002 sh | $282.271.0025 sh | +0.041%GOOGL cheaper | $41,912 | 0.000% | 0.010% | |
| $616.221.0005 sh | $617.661.0028 sh | +0.005%Level | $46,855 | 0.000% | 0.010% | |
| $77.701.0000 sh | $77.701.0000 sh | +0.003%Level | $46,330 | 0.002% | 0.008% | |
| $401.381.0000 sh | $401.381.0000 sh | +0.002%Level | $53,918 | 0.003% | 0.007% | |
| $205.391.0008 sh | $205.591.0017 sh | +0.001%Level | $48,417 | 0.004% | 0.006% | |
| $135.091.0000 sh | $135.091.0000 sh | +0.001%Level | $45,783 | 0.004% | 0.006% | |
| $757.891.0017 sh | $763.761.0095 sh | 0.000%Level | $48,419 | 0.005% | 0.005% | |
| $692.791.0007 sh | $695.131.0041 sh | 0.000%Level | $47,272 | 0.005% | 0.005% | |
| $130.051.0000 sh | $130.051.0000 sh | 0.000%Level | $44,900 | 0.005% | 0.005% | |
| $345.331.0006 sh | $346.301.0034 sh | 0.000%Level | $49,825 | 0.005% | 0.005% |
GMEGameStop-0.262%GMEon cheaperGME $25.00GMEon $25.36Depth $48,633Fee 0.010% / 0.000%
GOOGLAlphabet Class A+0.041%GOOGL cheaperGOOGL $281.52GOOGLon $282.27Depth $41,912Fee 0.000% / 0.010%
METAMeta Platforms+0.005%LevelMETA $616.22METAon $617.66Depth $46,855Fee 0.000% / 0.010%
CRCLCircle Internet Group+0.003%LevelCRCL $77.70CRCLon $77.70Depth $46,330Fee 0.002% / 0.008%
TSLATesla+0.002%LevelTSLA $401.38TSLAon $401.38Depth $53,918Fee 0.003% / 0.007%
NVDANVIDIA+0.001%LevelNVDA $205.39NVDAon $205.59Depth $48,417Fee 0.004% / 0.006%
SPCXSpace Exploration Technologies Corp. Class A Common Stock+0.001%LevelSPCX $135.09SPCXon $135.09Depth $45,783Fee 0.004% / 0.006%
SPYSPDR S&P 500 ETF Trust0.000%LevelSPY $757.89SPYon $763.76Depth $48,419Fee 0.005% / 0.005%
QQQInvesco QQQ0.000%LevelQQQ $692.79QQQon $695.13Depth $47,272Fee 0.005% / 0.005%
MSTRStrategy Inc.0.000%LevelMSTR $130.05MSTRon $130.05Depth $44,900Fee 0.005% / 0.005%
AAPLApple0.000%LevelAAPL $345.33AAPLon $346.30Depth $49,825Fee 0.005% / 0.005%
Ondo's tokens can be created and redeemed at any hour on Ethereum and BNB Chain, weekends included. Robinhood's cannot be on weekends. So the two can drift apart while the share itself is not trading. A Uniswap pool joins each pair: anyone who swaps the dearer token for the cheaper one there closes the gap, and the people who fund the pool earn the fee.
Prices are per token: Robinhood's is its live quote, Ondo's is the pool's rate times that. The gap compares them per share, using the shares each token follows (Robinhood's from its quote, Ondo's from its own oracle). Depth is what each pool holds within 2% of its price. Fees are the pool's fee for the next swap each way, set by the StablePair hook. Everything is read from Robinhood Chain every 30 seconds.