ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0907%/8h= −99.3% APRnext payment −$1.13 per $10,000 · paid last 24h +0.161%

Price spread now: Kraken Futures against Aevo−0.059%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Kraken Futures

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

Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Kraken Futures is 0.059% cheaper against Aevo than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ONDO-PERP	0.4546	0.0104	pay 0.0013% / 1h	42m 08s	$44K	$8K	3x
Short	Kraken Futures PF_ONDOUSD	0.4544	−0.0803	pay 0.0100% / 1h	42m 08s	$2.8M	$8.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.059%Rate

Funding earned: −$190.41
Price spread: −0.059% → 0.000%: −$5.94
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$222.35
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago	5.48 bp	16.7 bp −$17	23.9 bp −$239	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_ONDOUSDshort	−0.0803%	1h	0.4544	−0.059%	$2.8M	$8.1M	50x
Injective ONDO/USDC PERP	−0.0545%	1h	0.4568	+0.473%	$888	$216K	5.5x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4544	−0.055%	$35K	$436K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4546	−0.006%	$6K	—	150x	as long as short
Orderly PERP_ONDO_USDC	+0.0098%	4h	0.4543	−0.077%	$25K	$8K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4549	+0.055%	$430K	$706K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4547	+0.016%	$717K	$2.1M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4546	−0.017%	$67.9M	$228.0M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4544	−0.055%	$73.6M	$123.1M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4544	−0.055%	$17.7M	$80.8M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4551	+0.090%	$74K	$89K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4550	+0.075%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4542	−0.099%	$11.9M	$18.0M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4545	−0.033%	$49.1M	$43.3M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4544	−0.055%	$13.8M	$11.0M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4545	−0.033%	$25.7M	$41.4M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4544	−0.055%	—	$741K	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4573	+0.581%	$787K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4565	+0.414%	$5K	$320K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4563	+0.363%	$421K	$960K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4564	+0.385%	$173K	$312K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4551	+0.110%	$68K	$1.2M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4548	+0.033%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4545	−0.033%	$472	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4561	+0.319%	$133K	$504K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4546	−0.011%	$4.6M	$6.8M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4551	+0.089%	$7K	$9	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4543	−0.078%	$407K	$843K	25x	as long as short
Aevo ONDO-PERPlong	+0.0104%	1h	0.4546	long leg	$44K	$8K	3x
Backpack ONDO_USDC_PERP	+0.0155%	1h	0.4546	−0.015%	$229K	$1.0M	15x	as long as short
Phoenix ONDO	+0.0244%	1h	0.4573	+0.594%	$38K	$257K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0304%	1h	0.4556	+0.209%	$299K	$851K	50x	as long as short
Hyperliquid ONDO	+0.0325%	1h	0.4549	+0.057%	$40.3M	$26.9M	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4565	+0.407%	$3.3M	$3.2M	75x	as long as short
01 Exchange ONDOUSD	+0.0424%	1h	0.4553	+0.145%	$375	$2K	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0586% / S −0.0188%	1h	0.4546	−0.020%	$543K	—	100x	as long as short
Lighter ONDO	+0.0912%	1h	0.4554	+0.165%	$1.5M	$2.3M	10x	as long as short
Reya ONDORUSDPERP	+0.1142%	1h	0.4548	+0.025%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.6087%	1h	0.4560	+0.291%	$258K	$131K	5x	as long as short