ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0889%/8h= −97.3% APRnext payment −$1.11 per $10,000 · paid last 24h −0.741%

Price spread now: Injective against 01 Exchange+0.464%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 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 0.464% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.464% now, against zero (this spread has no 7-day history yet)): +$46 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ONDOUSD	0.4547	0.0344	pay 0.0043% / 1h	27m 18s	$374	$2K	10x
Short	Injective ONDO/USDC PERP	0.4568	−0.0545	pay 0.0068% / 1h	27m 18s	$888	$216K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against 01 Exchange. 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 01 ExchangebpFee InjectivebpOrdersPrice spread, now +0.464%Rate

Funding earned: −$186.63
Price spread: +0.464% → 0.000%: $46.41
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$147.24
Costs to cover: 0.070%
Break-even: from the start

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

01 Exchange 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 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	−0.0803%	1h	0.4540	−0.143%	$2.8M	$8.1M	50x	as long as short
Injective ONDO/USDC PERPshort	−0.0545%	1h	0.4568	+0.464%	$888	$216K	5.5x
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4546	−0.016%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4546	−0.020%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4543	−0.086%	$437K	$710K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4547	−0.001%	$720K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4547	+0.006%	$68.1M	$227.7M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4546	−0.020%	$73.7M	$123.1M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4546	−0.020%	$17.6M	$80.7M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4549	+0.040%	$74K	$89K	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	0.4543	−0.097%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4544	−0.064%	$11.9M	$18.1M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4546	−0.020%	$48.7M	$43.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4542	−0.108%	$14.0M	$11.1M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4547	+0.002%	$25.7M	$41.3M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4546	−0.020%	—	$22.2M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4543	−0.088%	$229K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4542	−0.108%	$779K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4545	−0.041%	$5K	$318K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4544	−0.074%	$419K	$960K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4546	−0.020%	$172K	$312K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4548	+0.031%	$69K	$1.2M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4548	+0.024%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4541	−0.130%	$472	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4553	+0.134%	$133K	$505K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4541	−0.130%	$4.6M	$6.8M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4543	−0.093%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4541	−0.138%	$407K	$844K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4550	+0.068%	$44K	$8K	3x	as long as short
Hyperliquid ONDO	+0.0160%	1h	0.4549	+0.040%	$40.2M	$26.6M	10x	as long as short
Phoenix ONDO	+0.0244%	1h	0.4547	+0.009%	$38K	$257K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0304%	1h	0.4548	+0.024%	$297K	$844K	50x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4546	−0.020%	$3.3M	$3.1M	75x	as long as short
01 Exchange ONDOUSDlong	+0.0344%	1h	0.4547	long leg	$374	$2K	10x
Deribit ONDO_USDC-PERPETUAL	+0.0410%	1h	0.4550	+0.068%	$36K	$436K	25x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0587% / S −0.0188%	1h	0.4546	−0.018%	$543K	—	100x	as long as short
Lighter ONDO	+0.0800%	1h	0.4550	+0.075%	$1.5M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1143%	1h	0.4546	−0.021%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.4042%	1h	0.4543	−0.086%	$257K	$132K	5x	as long as short