ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.244%

Price spread now: Aevo against Injective−5.002%59s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Aevo

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

Funding pays, the price is against you. Aevo is 5.002% cheaper against Injective than usual: you would sell low and buy high (spread −5.002% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$500 on $10k: about 8 months of funding at the current rate (+$2 a day). 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	Injective ONDO/USDC PERP	0.4568	0.0033	pay 0.0004% / 1h	43m 57s	$888	$216K	5.5x
Short	Aevo ONDO-PERP	0.4340	0.0104	get 0.0013% / 1h	43m 57s	$38K	$13K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Injective. 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 InjectivebpFee AevobpOrdersPrice spread, now −5.002%Rate

Funding earned: $14.84
Price spread: −5.002% → 0.000%: −$500.22
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$501.4
Costs to cover: 0.160%
Break-even: 243.5 days

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

Injective and 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_ONDOUSD	−0.0175%	1h	0.4335	−5.107%	$2.5M	$7.7M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4338	−5.042%	$7K	—	150x	as long as short
Injective ONDO/USDC PERPlong	+0.0033%	1h	0.4568	long leg	$888	$216K	5.5x
Lighter ONDO	+0.0096%	1h	0.4340	−4.989%	$1.1M	$2.3M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4333	−5.150%	$348K	$887K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4336	−5.073%	$777K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4336	−5.078%	$62.8M	$233.6M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4333	−5.144%	$68.1M	$121.9M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4335	−5.101%	$17.3M	$72.0M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4333	−5.151%	$71K	$81K	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	0.4337	−5.062%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4335	−5.101%	$12.8M	$15.8M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4335	−5.101%	$44.0M	$42.0M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4335	−5.101%	$12.1M	$10.4M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4334	−5.123%	$24.7M	$36.7M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4335	−5.101%	—	$779K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4336	−5.072%	$177K	$993K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4338	−5.043%	$736K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4341	−4.975%	$5K	$318K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4339	−5.014%	$400K	$1.5M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4337	−5.057%	$133K	$339K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4337	−5.066%	$61K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4337	−5.057%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4334	−5.123%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4337	−5.057%	$451	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4344	−4.904%	$129K	$395K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4335	−5.101%	$4.2M	$8.7M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4333	−5.150%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4333	−5.148%	$358K	$809K	25x	as long as short
Aevo ONDO-PERPshort	+0.0104%	1h	0.4340	−5.002%	$38K	$13K	3x
Deribit ONDO_USDC-PERPETUAL	+0.0211%	1h	0.4339	−5.013%	$18K	$351K	25x	as long as short
01 Exchange ONDOUSD	+0.0224%	1h	0.4337	−5.061%	$357	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0280%	1h	0.4344	−4.904%	$215K	$733K	50x	as long as short
Phoenix ONDO	+0.0315%	1h	0.4332	−5.162%	$35K	$221K	10x	as long as short
Hyperliquid ONDO	+0.0334%	1h	0.4340	−4.998%	$36.6M	$27.1M	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4338	−5.035%	$3.1M	$3.2M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0573% / S −0.0203%	1h	0.4338	−5.042%	$496K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1160%	1h	0.4335	−5.091%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.1551%	1h	0.4334	−5.128%	$243K	$156K	5x	as long as short