ONDO

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

Long on Aevo Short on Injective

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

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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ONDO-PERP	0.4333	0.0104	pay 0.0013% / 1h	55m 42s	$38K	$13K	3x
Short	Injective ONDO/USDC PERP	0.4568	0.0033	get 0.0004% / 1h	55m 42s	$888	$216K	5.5x

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

Position, each leg$Hold fordaysFee AevobpFee InjectivebpOrdersPrice spread, now +5.436%Rate

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

Leg	Half-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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ONDOUSD	−0.0146%	1h	0.4328	−0.095%	$2.5M	$7.8M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4331	−0.031%	$243K	$137K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4329	−0.071%	$7K	—	150x	as long as short
Injective ONDO/USDC PERPshort	+0.0033%	1h	0.4568	+5.436%	$888	$216K	5.5x
Lighter ONDO	+0.0096%	1h	0.4334	+0.028%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4334	+0.029%	$346K	$894K	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4333	+0.022%	$774K	$2.7M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4330	−0.052%	$62.9M	$238.4M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4329	−0.081%	$67.5M	$126.3M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4331	−0.035%	$17.2M	$73.7M	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	0.4361	+0.649%	$71K	$83K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4332	−0.016%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4329	−0.081%	$12.3M	$15.9M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4329	−0.081%	$42.5M	$42.1M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4328	−0.104%	$11.9M	$10.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4331	−0.035%	$24.9M	$39.5M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4329	−0.081%	—	$764K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4329	−0.076%	$180K	$992K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4329	−0.087%	$640K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4344	+0.268%	$4K	$314K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4353	+0.465%	$408K	$1.4M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4350	+0.404%	$133K	$356K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4332	−0.014%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4331	−0.035%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4331	−0.035%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4329	−0.081%	$450	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4341	+0.196%	$128K	$429K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4330	−0.058%	$4.2M	$8.5M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4332	−0.009%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4330	−0.060%	$393K	$796K	25x	as long as short
Aevo ONDO-PERPlong	+0.0104%	1h	0.4333	long leg	$38K	$13K	3x
Deribit ONDO_USDC-PERPETUAL	+0.0212%	1h	0.4331	−0.035%	$18K	$362K	25x	as long as short
01 Exchange ONDOUSD	+0.0240%	1h	0.4333	+0.018%	$357	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0264%	1h	0.4333	+0.012%	$215K	$725K	50x	as long as short
Phoenix ONDO	+0.0332%	1h	0.4346	+0.307%	$35K	$223K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4340	+0.173%	$3.2M	$3.2M	75x	as long as short
Hyperliquid ONDO	+0.0478%	1h	0.4334	+0.042%	$36.6M	$27.2M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0561% / S −0.0197%	1h	0.4329	−0.079%	$487K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1157%	1h	0.4331	−0.029%	$2K	—	20x	as long as short