ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0531%/8h= +58.2% APRnext payment +$0.66 per $10,000 · paid last 24h +0.062%

Price spread now: Hyperliquid against Aevo+0.047%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Hyperliquid

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 airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Hyperliquid is 0.047% dearer against Aevo than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ONDO-PERP	0.4343	0.0104	pay 0.0013% / 1h	51m 16s	$38K	$13K	3x
Short	Hyperliquid ONDO	0.4345	0.0635	get 0.0079% / 1h	51m 16s	$36.7M	$27.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.047%Rate

Funding earned: $111.57
Price spread: +0.047% → 0.000%: $4.65
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $91.22
Costs to cover: 0.250%
Break-even: 1.3 days

Slippage unknown: Aevo: no order-book sample; Hyperliquid: live order book, 12 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 Hyperliquid live order book, 12 min ago	0.69 bp	6.0 bp −$6	doesn't fit	doesn't fit	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_ONDOUSD	−0.0176%	1h	0.4340	−0.081%	$2.5M	$7.8M	50x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4340	−0.080%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.169%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4344	+0.005%	$1.1M	$2.3M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4342	−0.034%	$347K	$889K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4344	+0.011%	$762K	$2.8M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4343	−0.011%	$63.4M	$234.0M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4340	−0.080%	$68.5M	$122.0M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4342	−0.034%	$17.4M	$72.2M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4341	−0.048%	$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	0.4338	−0.130%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4341	−0.057%	$13.2M	$15.0M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4342	−0.034%	$44.6M	$41.9M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4341	−0.057%	$12.2M	$10.4M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4342	−0.034%	$24.7M	$36.7M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4342	−0.034%	—	$778K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4331	−0.280%	$178K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4321	−0.522%	$679K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4330	−0.302%	$5K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4333	−0.252%	$408K	$1.6M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4331	−0.287%	$134K	$340K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4340	−0.080%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4340	−0.080%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4334	−0.218%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4341	−0.057%	$2K	$15K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4349	+0.127%	$129K	$369K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4339	−0.103%	$4.2M	$9.0M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4333	−0.241%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4340	−0.071%	$364K	$829K	25x	as long as short
Aevo ONDO-PERPlong	+0.0104%	1h	0.4343	long leg	$38K	$13K	3x
Deribit ONDO_USDC-PERPETUAL	+0.0211%	1h	0.4344	+0.012%	$18K	$351K	25x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0256%	1h	0.4339	−0.103%	$214K	$735K	50x	as long as short
Phoenix ONDO	+0.0277%	1h	0.4332	−0.260%	$35K	$218K	10x	as long as short
01 Exchange ONDOUSD	+0.0328%	1h	0.4341	−0.062%	$357	$2K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4338	−0.126%	$3.2M	$3.1M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0574% / S −0.0203%	1h	0.4340	−0.087%	$496K	—	100x	as long as short
Hyperliquid ONDOshort	+0.0635%	1h	0.4345	+0.047%	$36.7M	$27.2M	10x
Reya ONDORUSDPERP	+0.1162%	1h	0.4342	−0.040%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.1662%	1h	0.4328	−0.349%	$243K	$155K	5x	as long as short