ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.023%

Price spread now: GMX against Aevo−0.046%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.046% cheaper against Aevo than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 42 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ONDO-PERP	0.4351	0.0104	pay 0.0013% / 1h	48m 44s	$38K	$13K	3x
Short	GMX ONDO/USD [ETH-USDC]	0.4349	L +0.0548% / S −0.0190%	get 0.0024% / 1h	48m 44s	$480K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee GMXbpOrdersPrice spread, now −0.046%Rate

Funding earned: $18.02
Price spread: −0.046% → 0.000%: −$4.55
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee GMX: 6 bp × 2 orders: −$12
Net: −$14.53
Costs to cover: 0.280%
Break-even: 12.6 days

Slippage unknown: Aevo: no order-book sample; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Aevo and GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ONDO on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4349	−0.037%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+4.987%	$888	$216K	5.5x	as long as short
Kraken Futures PF_ONDOUSD	+0.0033%	1h	0.4351	−0.004%	$2.6M	$8.0M	50x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4349	−0.046%	$23K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4349	−0.034%	$368K	$843K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4360	+0.195%	$37.4M	$24.5M	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4357	+0.138%	$62.8M	$228.8M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4357	+0.138%	$69.0M	$124.0M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4358	+0.161%	$16.7M	$71.9M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4344	−0.163%	$72K	$84K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx ONDO/USDC	+0.0100%	1h	0.4360	+0.218%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4357	+0.138%	$11.5M	$16.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4359	+0.184%	$45.7M	$41.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4357	+0.138%	$12.8M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4359	+0.184%	$24.9M	$39.7M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4359	+0.184%	—	$762K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4354	+0.076%	$187K	$981K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4365	+0.316%	$707K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4390	+0.890%	$4K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4389	+0.874%	$405K	$1.0M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4366	+0.345%	$134K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4351	+0.005%	$67K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4351	0.000%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4352	+0.023%	$452	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4358	+0.161%	$126K	$477K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4352	+0.023%	$4.2M	$7.7M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0103%	8h	0.4358	+0.155%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4359	+0.174%	$395K	$793K	25x	as long as short
Aevo ONDO-PERPlong	+0.0104%	1h	0.4351	long leg	$38K	$13K	3x
Aster ONDOUSDT	+0.0199%	4h	0.4358	+0.161%	$731K	$2.4M	20x	as long as short
01 Exchange ONDOUSD	+0.0232%	1h	0.4363	+0.267%	$359	$2K	10x	as long as short
Lighter ONDO	+0.0256%	1h	0.4359	+0.186%	$1.1M	$2.4M	10x	as long as short
dYdX ONDO-USD	+0.0259%	1h	0.4352	+0.023%	$246K	$129K	5x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4394	+0.988%	$276K	$719K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4352	+0.023%	$3.1M	$2.9M	75x	as long as short
Phoenix ONDO	+0.0365%	1h	0.4354	+0.060%	$35K	$223K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0440%	1h	0.4352	+0.023%	$23K	$346K	25x	as long as short
GMX ONDO/USD [ETH-USDC]short	L +0.0548% / S −0.0190%	1h	0.4349	−0.046%	$480K	—	100x
Reya ONDORUSDPERP	+0.1151%	1h	0.4351	0.000%	$2K	—	20x	as long as short