ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.1114%/8h= +122.0% APRnext payment +$1.39 per $10,000 · paid last 24h +0.882%

Price spread now: Reya against Injective−3.653%7-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 Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 3.653% cheaper against Injective than usual: you would sell low and buy high (spread −3.653% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$365 on $10k: about 11 days of funding at the current rate (+$33 a day).

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	16m 38s	$888	$216K	5.5x
Short	Reya ONDORUSDPERP	0.4401	0.1148	get 0.0143% / 1h	16m 38s	$2K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −3.653%Rate

Funding earned: $234.01
Price spread: −3.653% → 0.000%: −$365.25
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Reya: 3 bp × 2 orders: −$6
Net: −$137.26
Costs to cover: 0.060%
Break-even: 11.1 days

Slippage unknown: Injective: no order-book sample; Reya: 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 Reya no order-book sample	—	—	—	—	—

Injective and Reya: 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 38 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	−0.0363%	1h	0.4402	−3.635%	$2.6M	$8.1M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4399	−3.694%	$249K	$130K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4400	−3.678%	$6K	—	150x	as long as short
Injective ONDO/USDC PERPlong	+0.0033%	1h	0.4568	long leg	$888	$216K	5.5x
Orderly PERP_ONDO_USDC	+0.0099%	4h	0.4402	−3.634%	$24K	$6K	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4400	−3.667%	$385K	$861K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4401	−3.645%	$672K	$2.2M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4398	−3.726%	$63.7M	$231.3M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4398	−3.722%	$69.7M	$125.4M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4399	−3.700%	$17.0M	$75.2M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4413	−3.402%	$72K	$88K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4396	−3.755%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4394	−3.809%	$11.6M	$16.5M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4394	−3.809%	$46.2M	$43.6M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4396	−3.765%	$13.1M	$11.1M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4395	−3.787%	$25.0M	$40.4M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4396	−3.765%	—	$22.3M	—	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4416	−3.334%	$769K	$1.8M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4408	−3.513%	$5K	$320K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4412	−3.405%	$419K	$976K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4405	−3.568%	$135K	$366K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4402	−3.623%	$93K	$1.4M	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4404	−3.590%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4404	−3.590%	$458	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4409	−3.481%	$129K	$506K	50x	as long as short
Paradex ONDO-USD-PERP	+0.0103%	8h	0.4394	−3.817%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4394	−3.801%	$398K	$824K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4405	−3.568%	$38K	$13K	3x	as long as short
Backpack ONDO_USDC_PERP	+0.0142%	1h	0.4403	−3.614%	$201K	$1.0M	15x	as long as short
Hyperliquid ONDO	+0.0268%	1h	0.4406	−3.555%	$38.9M	$25.7M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0328%	1h	0.4422	−3.196%	$284K	$744K	50x	as long as short
Phoenix ONDO	+0.0338%	1h	0.4425	−3.126%	$35K	$231K	10x	as long as short
01 Exchange ONDOUSD	+0.0352%	1h	0.4401	−3.649%	$362	$2K	10x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0432%	1h	0.4403	−3.612%	$23K	$349K	25x	as long as short
Phemex ONDOUSDT	+0.0451%	4h	0.4403	−3.612%	$4.2M	$7.4M	50x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0550% / S −0.0190%	1h	0.4401	−3.661%	$485K	—	100x	as long as short
Lighter ONDO	+0.0776%	1h	0.4403	−3.603%	$1.4M	$2.1M	10x	as long as short
Reya ONDORUSDPERPshort	+0.1148%	1h	0.4401	−3.653%	$2K	—	20x