Settings8H · net · $10k
Funding arb · Price arb /

ONDO

all ONDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h −0.684%
Price spread now: Injective against Aevo+0.439%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 0.439% dearer against Aevo than usual: you sell high and buy low (spread +0.439% now, against zero (this spread has no 7-day history yet)): +$44 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ONDO-PERP0.45480.0104pay 0.0013% / 1h55m 18s$39K$13K3x
ShortInjective ONDO/USDC PERP0.45680.0033get 0.0004% / 1h55m 18s$888$216K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
−$14.84
Price spread: +0.439% → 0.000%
$43.93
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$13.07
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Injective no order-book sample
Aevo 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ONDOUSD−0.0879%1h0.4542−0.141%$2.7M$8.0M50xas long as short
Gate ONDO_USDT−0.0610%4h0.4544−0.088%$11.9M$16.5M50xas long as short
ApeX Omni ONDOUSDT−0.0592%1h0.4571+0.505%$174K$312K50xas long as short
dYdX ONDO-USD0.0000%1h0.4555+0.145%$258K$132K5xas long as short
Deribit ONDO_USDC-PERPETUAL0.0000%1h0.4545−0.066%$33K$364K25xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0008%1h0.4546−0.040%$6K150xas long as short
Injective ONDO/USDC PERPshort+0.0033%1h0.4568+0.439%$888$216K5.5x
Orderly PERP_ONDO_USDC+0.0098%4h0.4545−0.066%$25K$6K10xas long as short
Nado ONDO-PERP+0.0100%1h0.4549+0.022%$438K$706K10xas long as short
Hyperliquid ONDO+0.0100%1h0.4552+0.092%$40.3M$26.4M10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ONDOUSDT+0.0100%4h0.4552+0.081%$720K$2.1M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4546−0.044%$68.0M$226.2M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4546−0.044%$73.6M$120.6M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4546−0.044%$17.6M$79.5M50xas long as short
Ondo Perps ONDO-USD.P+0.0100%1h0.4564+0.358%$75K$89K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4549+0.013%5xas long as short
MEXC ONDO_USDT+0.0100%4h0.4546−0.044%$48.7M$41.2M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4549+0.022%$14.1M$11.0M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4543−0.110%$25.7M$40.2M50xas long as short
BingX ONDO-USDT+0.0100%4h0.4545−0.066%$22.2Mas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4565+0.380%$228K$1.0M15xas long as short
Variational Omni ONDO+0.0100%4h0.4569+0.459%$812K$2.0Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4572+0.534%$5K$318K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4572+0.529%$430K$960K10xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4550+0.046%$69K$1.1M10xas long as short
SunX ONDO-USDT+0.0100%4h0.4546−0.044%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4543−0.110%$472$14K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4572+0.527%$134K$502K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4565+0.373%$4.6M$7.0M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4549+0.012%$7K$910xas long as short
Extended ONDO-USD+0.0104%1h0.4543−0.118%$407K$843K25xas long as short
Aevo ONDO-PERPlong+0.0104%1h0.4548long leg$39K$13K3x
01 Exchange ONDOUSD+0.0184%1h0.4548+0.008%$374$2K10xas long as short
Phoenix ONDO+0.0244%1h0.4575+0.591%$38K$248K10xas long as short
Coinbase International ONDO-PERP-INTX+0.0280%1h0.4562+0.307%$297K$830K50xas long as short
BloFin ONDO-USDT+0.0340%4h0.4570+0.483%$3.3M$3.3M75xas long as short
Lighter ONDO+0.0400%1h0.4563+0.336%$1.5M$2.2M10xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0587% / S −0.0188%1h0.4546−0.055%$543K100xas long as short
Reya ONDORUSDPERP+0.1144%1h0.4546−0.037%$2K20xas long as short