ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.576%

Price spread now: Injective against Aevo+3.350%59s7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Injective

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. Injective is 3.350% dearer against Aevo than usual: you sell high and buy low (spread +3.350% now, against zero (this spread has no 7-day history yet)): +$335 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ONDO-PERP	0.4420	0.0104	pay 0.0013% / 1h	29m 47s	$38K	$13K	3x
Short	Injective ONDO/USDC PERP	0.4568	0.0033	get 0.0004% / 1h	29m 47s	$888	$216K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +3.350%Rate

Funding earned: −$14.84
Price spread: +3.350% → 0.000%: $334.96
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $304.1
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; Injective: 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 Injective no order-book sample	—	—	—	—	—

Aevo and Injective: 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 38 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
Kraken Futures PF_ONDOUSD	−0.0362%	1h	0.4416	−0.089%	$2.6M	$8.1M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4409	−0.241%	$250K	$130K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4415	−0.114%	$6K	—	150x	as long as short
Injective ONDO/USDC PERPshort	+0.0033%	1h	0.4568	+3.350%	$888	$216K	5.5x
Orderly PERP_ONDO_USDC	+0.0099%	4h	0.4416	−0.089%	$24K	$6K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4420	+0.004%	$671K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4421	+0.024%	$64.4M	$231.5M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4419	−0.021%	$70.0M	$125.4M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4420	+0.001%	$17.1M	$75.9M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4406	−0.322%	$71K	$89K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx ONDO/USDC	+0.0100%	1h	0.4416	−0.093%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4420	+0.001%	$11.6M	$16.3M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4422	+0.046%	$44.2M	$42.8M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4423	+0.069%	$13.2M	$11.1M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4422	+0.046%	$25.1M	$40.4M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4420	+0.001%	—	$22.4M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4421	+0.015%	$202K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4409	−0.252%	$767K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4415	−0.107%	$5K	$320K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4398	−0.494%	$417K	$976K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4415	−0.112%	$136K	$371K	50x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4415	−0.123%	$395K	$853K	10x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4417	−0.069%	$93K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4415	−0.112%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4419	−0.021%	$459	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4424	+0.092%	$129K	$512K	50x	as long as short
Paradex ONDO-USD-PERP	+0.0103%	8h	0.4407	−0.290%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4421	+0.031%	$398K	$820K	25x	as long as short
Aevo ONDO-PERPlong	+0.0104%	1h	0.4420	long leg	$38K	$13K	3x
Deribit ONDO_USDC-PERPETUAL	+0.0203%	1h	0.4417	−0.067%	$23K	$349K	25x	as long as short
Hyperliquid ONDO	+0.0284%	1h	0.4425	+0.117%	$39.1M	$25.6M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4422	+0.046%	$284K	$757K	50x	as long as short
Phoenix ONDO	+0.0338%	1h	0.4411	−0.191%	$35K	$231K	10x	as long as short
01 Exchange ONDOUSD	+0.0352%	1h	0.4419	−0.024%	$364	$2K	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0551% / S −0.0190%	1h	0.4414	−0.127%	$487K	—	100x	as long as short
Phemex ONDOUSDT	+0.0797%	4h	0.4417	−0.067%	$4.2M	$7.4M	50x	as long as short
Lighter ONDO	+0.0816%	1h	0.4427	+0.150%	$1.4M	$2.1M	10x	as long as short
Reya ONDORUSDPERP	+0.1147%	1h	0.4416	−0.094%	$2K	—	20x	as long as short