ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0266%/8h= −29.1% APRnext payment −$0.33 per $10,000 · paid last 24h +0.052%

Price spread now: Kraken Futures against Aevo−0.108%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 Kraken Futures

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

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Kraken Futures is 0.108% cheaper against Aevo than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ONDO-PERP	0.4331	0.0104	pay 0.0013% / 1h	0m 04s	$38K	$13K	3x
Short	Kraken Futures PF_ONDOUSD	0.4327	−0.0162	pay 0.0020% / 1h	0m 04s	$2.6M	$7.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.108%Rate

Funding earned: −$55.82
Price spread: −0.108% → 0.000%: −$10.83
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$92.64
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Kraken Futures: live order book, 4 min ago. 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 Kraken Futures live order book, 4 min ago	3.47 bp	15.2 bp −$15	28.5 bp −$285	456.6 bp −$45.7K	doesn't fit

Aevo: 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
Kraken Futures PF_ONDOUSDshort	−0.0162%	1h	0.4327	−0.108%	$2.6M	$7.9M	50x
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4329	−0.060%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.460%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4332	+0.002%	$1.1M	$2.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4328	−0.081%	$23K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4330	−0.023%	$357K	$868K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4329	−0.048%	$36.4M	$25.7M	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4329	−0.058%	$62.4M	$233.8M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4326	−0.127%	$67.3M	$125.2M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4328	−0.081%	$17.0M	$72.5M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4329	−0.065%	$71K	$83K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4328	−0.074%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4326	−0.127%	$12.0M	$16.5M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4328	−0.081%	$42.6M	$42.5M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4327	−0.104%	$12.1M	$10.6M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4328	−0.081%	$24.8M	$39.8M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4328	−0.081%	—	$763K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4329	−0.069%	$175K	$981K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4322	−0.225%	$681K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4332	+0.010%	$4K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4332	+0.022%	$404K	$1.2M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4331	−0.012%	$134K	$354K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4330	−0.046%	$65K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4330	−0.035%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4329	−0.058%	$450	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4338	+0.150%	$128K	$428K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4331	−0.012%	$4.2M	$8.1M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4329	−0.046%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4328	−0.090%	$388K	$796K	25x	as long as short
Aevo ONDO-PERPlong	+0.0104%	1h	0.4331	long leg	$38K	$13K	3x
Aster ONDOUSDT	+0.0123%	4h	0.4330	−0.040%	$776K	$2.6M	20x	as long as short
01 Exchange ONDOUSD	+0.0160%	1h	0.4330	−0.032%	$356	$2K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0212%	1h	0.4331	−0.012%	$18K	$362K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0272%	1h	0.4333	+0.035%	$218K	$765K	50x	as long as short
Phoenix ONDO	+0.0327%	1h	0.4321	−0.235%	$34K	$218K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4323	−0.196%	$3.1M	$3.1M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0553% / S −0.0193%	1h	0.4329	−0.057%	$482K	—	100x	as long as short
dYdX ONDO-USD	+0.1132%	1h	0.4326	−0.122%	$248K	$133K	5x	as long as short
Reya ONDORUSDPERP	+0.1155%	1h	0.4330	−0.029%	$2K	—	20x	as long as short