ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0199%/8h= +21.8% APRnext payment +$0.25 per $10,000 · paid last 24h +0.524%

Price spread now: 01 Exchange against Injective−4.232%104s7-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 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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. 01 Exchange is 4.232% cheaper against Injective than usual: you would sell low and buy high (spread −4.232% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$423 on $10k: about 2 months of funding at the current rate (+$6 a day). The two prices were read 104 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	47m 36s	$888	$216K	5.5x
Short	01 Exchange ONDOUSD	0.4375	0.0232	get 0.0029% / 1h	47m 36s	$360	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −4.232%Rate

Funding earned: $41.72
Price spread: −4.232% → 0.000%: −$423.16
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$388.46
Costs to cover: 0.070%
Break-even: 72.2 days

Slippage unknown: Injective: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample	—	—	—	—	—

Injective and 01 Exchange: 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	0.4360	−4.555%	$7K	—	150x	as long as short
Kraken Futures PF_ONDOUSD	+0.0033%	1h	0.4360	−4.556%	$2.6M	$8.0M	50x	as long as short
Injective ONDO/USDC PERPlong	+0.0033%	1h	0.4568	long leg	$888	$216K	5.5x
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4360	−4.553%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4368	−4.384%	$369K	$843K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4367	−4.396%	$37.5M	$24.5M	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4370	−4.327%	$63.0M	$229.0M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4368	−4.378%	$69.1M	$124.0M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4369	−4.356%	$16.8M	$72.1M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4344	−4.906%	$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	0.4372	−4.300%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4367	−4.400%	$11.5M	$16.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4368	−4.378%	$45.8M	$41.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4367	−4.400%	$12.7M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4370	−4.335%	$25.0M	$39.7M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4370	−4.335%	—	$762K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4366	−4.420%	$187K	$981K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4365	−4.450%	$707K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4353	−4.705%	$4K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4355	−4.654%	$402K	$1.0M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4350	−4.772%	$134K	$355K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4361	−4.527%	$67K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4362	−4.510%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4361	−4.532%	$453	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4370	−4.335%	$127K	$477K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4363	−4.488%	$4.2M	$7.7M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0103%	8h	0.4366	−4.419%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4370	−4.343%	$395K	$793K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4361	−4.521%	$38K	$13K	3x	as long as short
Aster ONDOUSDT	+0.0204%	4h	0.4366	−4.417%	$734K	$2.4M	20x	as long as short
01 Exchange ONDOUSDshort	+0.0232%	1h	0.4375	−4.232%	$360	$2K	10x
Lighter ONDO	+0.0256%	1h	0.4368	−4.380%	$1.1M	$2.4M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4394	−3.809%	$276K	$719K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4352	−4.729%	$3.1M	$2.9M	75x	as long as short
dYdX ONDO-USD	+0.0362%	1h	0.4362	−4.505%	$247K	$129K	5x	as long as short
Phoenix ONDO	+0.0365%	1h	0.4354	−4.694%	$35K	$223K	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0549% / S −0.0190%	1h	0.4360	−4.561%	$481K	—	100x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0667%	1h	0.4364	−4.466%	$23K	$346K	25x	as long as short
Reya ONDORUSDPERP	+0.1151%	1h	0.4359	−4.565%	$2K	—	20x	as long as short