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

ONDO

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h −0.351%
Price spread now: Injective against Aevo+5.436%59s7-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 5.436% dearer against Aevo than usual: you sell high and buy low (spread +5.436% now, against zero (this spread has no 7-day history yet)): +$544 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9 months. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ONDO-PERP0.43330.0104pay 0.0013% / 1h55m 42s$38K$13K3x
ShortInjective ONDO/USDC PERP0.45680.0033get 0.0004% / 1h55m 42s$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: +5.436% → 0.000%
$543.57
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
$512.71
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−0.0146%1h0.4328−0.095%$2.5M$7.8M50xas long as short
dYdX ONDO-USD0.0000%1h0.4331−0.031%$243K$137K5xas long as short
gTrade (Gains Network) ONDO/USDL +0.0003% / S −0.0011%1h0.4329−0.071%$7K150xas long as short
Injective ONDO/USDC PERPshort+0.0033%1h0.4568+5.436%$888$216K5.5x
Lighter ONDO+0.0096%1h0.4334+0.028%$1.1M$2.4M10xas long as short
Nado ONDO-PERP+0.0100%1h0.4334+0.029%$346K$894K10xas long as short
Aster ONDOUSDT+0.0100%4h0.4333+0.022%$774K$2.7M20xas long as short
Binance ONDOUSDT+0.0100%4h0.4330−0.052%$62.9M$238.4M75xas long as short
Bybit ONDOUSDT+0.0100%4h0.4329−0.081%$67.5M$126.3M50xas long as short
OKX ONDO-USDT-SWAP+0.0100%4h0.4331−0.035%$17.2M$73.7M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ONDO-USD.P+0.0100%1h0.4361+0.649%$71K$83K10xas long as short
RISEx ONDO/USDC+0.0100%1h0.4332−0.016%5xas long as short
Gate ONDO_USDT+0.0100%4h0.4329−0.081%$12.3M$15.9M50xas long as short
MEXC ONDO_USDT+0.0100%4h0.4329−0.081%$42.5M$42.1M200xas long as short
KuCoin ONDOUSDTM+0.0100%4h0.4328−0.104%$11.9M$10.5M50xas long as short
Bitget ONDOUSDT+0.0100%4h0.4331−0.035%$24.9M$39.5M50xas long as short
BingX ONDO-USDC+0.0100%4h0.4329−0.081%$764Kas long as short
Backpack ONDO_USDC_PERP+0.0100%1h0.4329−0.076%$180K$992K15xas long as short
Variational Omni ONDO+0.0100%4h0.4329−0.087%$640K$1.7Mas long as short
edgeX ONDOUSDC+0.0100%4h0.4344+0.268%$4K$314K20xas long as short
GRVT ONDO_USDT_Perp+0.0100%4h0.4353+0.465%$408K$1.4M10xas long as short
ApeX Omni ONDOUSDT+0.0100%1h0.4350+0.404%$133K$356K50xas long as short
Polymarket Perps ONDO-USD+0.0100%1h0.4332−0.014%$60K$1.4M10xas long as short
Orderly PERP_ONDO_USDC+0.0100%4h0.4331−0.035%$23K$6K10xas long as short
SunX ONDO-USDT+0.0100%4h0.4331−0.035%$1.4M20xas long as short
SoDEX ONDO-USD+0.0100%1h0.4329−0.081%$450$13K10xas long as short
HTX ONDO-USDT+0.0100%4h0.4341+0.196%$128K$429K50xas long as short
Phemex ONDOUSDT+0.0100%4h0.4330−0.058%$4.2M$8.5M50xas long as short
Paradex ONDO-USD-PERP+0.0100%8h0.4332−0.009%$6K10xas long as short
Extended ONDO-USD+0.0104%1h0.4330−0.060%$393K$796K25xas long as short
Aevo ONDO-PERPlong+0.0104%1h0.4333long leg$38K$13K3x
Deribit ONDO_USDC-PERPETUAL+0.0212%1h0.4331−0.035%$18K$362K25xas long as short
01 Exchange ONDOUSD+0.0240%1h0.4333+0.018%$357$2K10xas long as short
Coinbase International ONDO-PERP-INTX+0.0264%1h0.4333+0.012%$215K$725K50xas long as short
Phoenix ONDO+0.0332%1h0.4346+0.307%$35K$223K10xas long as short
BloFin ONDO-USDT+0.0340%4h0.4340+0.173%$3.2M$3.2M75xas long as short
Hyperliquid ONDO+0.0478%1h0.4334+0.042%$36.6M$27.2M10xas long as short
GMX ONDO/USD [ETH-USDC]L +0.0561% / S −0.0197%1h0.4329−0.079%$487K100xas long as short
Reya ONDORUSDPERP+0.1157%1h0.4331−0.029%$2K20xas long as short