ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.194%

Price spread now: Aevo against Injective−5.210%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 Aevo

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

Funding pays, the price is against you. Aevo is 5.210% cheaper against Injective than usual: you would sell low and buy high (spread −5.210% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$521 on $10k: about 8 months of funding at the current rate (+$2 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	55m 01s	$888	$215K	5.5x
Short	Aevo ONDO-PERP	0.4330	0.0104	get 0.0013% / 1h	55m 01s	$38K	$13K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo 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 AevobpOrdersPrice spread, now −5.210%Rate

Funding earned: $14.84
Price spread: −5.210% → 0.000%: −$520.95
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$522.13
Costs to cover: 0.160%
Break-even: 253.3 days

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

Injective and 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
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4335	−5.101%	$23K	$363K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4379	−4.143%	$7K	—	150x	as long as short
Kraken Futures PF_ONDOUSD	+0.0019%	1h	0.4332	−5.156%	$2.5M	$7.4M	50x	as long as short
Injective ONDO/USDC PERPlong	+0.0033%	1h	0.4568	long leg	$888	$215K	5.5x
Lighter ONDO	+0.0096%	1h	0.4339	−5.015%	$1.1M	$2.3M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4335	−5.112%	$340K	$873K	10x	as long as short
Hyperliquid ONDO	+0.0100%	1h	0.4335	−5.107%	$36.4M	$27.9M	10x	as long as short
Aster ONDOUSDT	+0.0100%	4h	0.4333	−5.135%	$756K	$2.8M	20x	as long as short
Binance ONDOUSDT	+0.0100%	4h	0.4332	−5.166%	$63.2M	$229.1M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4327	−5.276%	$67.9M	$120.3M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4330	−5.210%	$17.2M	$69.9M	50x	as long as short
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4332	−5.158%	$72K	$77K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4335	−5.099%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4330	−5.210%	$13.5M	$14.4M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4329	−5.232%	$43.7M	$41.0M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4331	−5.188%	$13.0M	$10.0M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4330	−5.210%	$25.2M	$35.6M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4331	−5.188%	—	$779K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4330	−5.201%	$184K	$1.0M	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4356	−4.649%	$772K	$1.9M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4363	−4.494%	$5K	$316K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4366	−4.414%	$403K	$1.8M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4362	−4.510%	$135K	$327K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4337	−5.057%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4334	−5.123%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4337	−5.057%	—	$1.3M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4333	−5.144%	$2K	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4343	−4.926%	$131K	$363K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4333	−5.144%	$4.2M	$8.9M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0101%	8h	0.4336	−5.079%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4328	−5.244%	$361K	$788K	25x	as long as short
Aevo ONDO-PERPshort	+0.0104%	1h	0.4330	−5.210%	$38K	$13K	3x
01 Exchange ONDOUSD	+0.0176%	1h	0.4336	−5.079%	$357	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0256%	1h	0.4350	−4.772%	$215K	$706K	50x	as long as short
Phoenix ONDO	+0.0277%	1h	0.4372	−4.299%	$35K	$217K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4338	−5.035%	$3.2M	$3.1M	75x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0582% / S −0.0208%	1h	0.4332	−5.158%	$502K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1164%	1h	0.4337	−5.056%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.4049%	1h	0.4344	−4.911%	$249K	$160K	5x	as long as short