ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.19 per $10,000 · paid last 24h −0.160%

Price spread now: Aevo against Lighter+0.043%7-day average — · you sell dearer than you buy

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

Long on Lighter 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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.043% dearer against Lighter than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ONDO	0.4368	0.0256	pay 0.0032% / 1h	47m 27s	$1.1M	$2.4M	10x
Short	Aevo ONDO-PERP	0.4370	0.0104	get 0.0013% / 1h	47m 27s	$38K	$13K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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 LighterbpFee AevobpOrdersPrice spread, now +0.043%Rate

Funding earned: −$31.92
Price spread: +0.043% → 0.000%: $4.33
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$43.59
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 4 min ago; 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 Lighter live order book, 4 min ago	8.12 bp	8.3 bp −$8	41.0 bp −$410	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4369	+0.021%	$7K	—	150x	as long as short
Kraken Futures PF_ONDOUSD	+0.0033%	1h	0.4360	−0.183%	$2.6M	$8.0M	50x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+4.581%	$888	$216K	5.5x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4367	−0.021%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4368	−0.003%	$369K	$843K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4373	+0.124%	$37.5M	$24.5M	10x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4373	+0.117%	$63.1M	$229.0M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4370	+0.048%	$69.1M	$124.0M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4368	+0.002%	$16.8M	$72.1M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4344	−0.549%	$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	+0.084%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4369	+0.025%	$11.5M	$16.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4371	+0.071%	$45.8M	$41.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4369	+0.025%	$12.7M	$10.8M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4369	+0.025%	$24.9M	$39.7M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4369	+0.025%	—	$762K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4366	−0.041%	$187K	$981K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4365	−0.072%	$707K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4353	−0.340%	$4K	$317K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4355	−0.286%	$402K	$1.0M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4350	−0.410%	$134K	$355K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4373	+0.126%	$67K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4362	−0.135%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4361	−0.158%	$453	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4370	+0.048%	$127K	$477K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4363	−0.112%	$4.2M	$7.7M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0103%	8h	0.4366	−0.040%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4370	+0.039%	$395K	$793K	25x	as long as short
Aevo ONDO-PERPshort	+0.0104%	1h	0.4370	+0.043%	$38K	$13K	3x
Aster ONDOUSDT	+0.0204%	4h	0.4372	+0.105%	$735K	$2.4M	20x	as long as short
01 Exchange ONDOUSD	+0.0232%	1h	0.4375	+0.156%	$360	$2K	10x	as long as short
Lighter ONDOlong	+0.0256%	1h	0.4368	long leg	$1.1M	$2.4M	10x
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4394	+0.598%	$276K	$719K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4352	−0.364%	$3.1M	$2.9M	75x	as long as short
dYdX ONDO-USD	+0.0362%	1h	0.4362	−0.130%	$247K	$129K	5x	as long as short
Phoenix ONDO	+0.0365%	1h	0.4354	−0.327%	$35K	$223K	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0606% / S −0.0219%	1h	0.4369	+0.035%	$519K	—	100x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0667%	1h	0.4364	−0.089%	$23K	$346K	25x	as long as short
Reya ONDORUSDPERP	+0.1151%	1h	0.4369	+0.036%	$2K	—	20x	as long as short