Settings8H · net · $10k
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Ondo Perps vs Bitget

Bitget traded 25× Ondo Perps's 24-hour volume ($11.33B vs $444.6M) and holds 97× its open interest.

vs
Ondo PerpsDEX · OndoBetter on 3 of 10
Trade on Ondo Perps5% off fees
vs
BitgetCEXBetter on 7 of 10
Trade on Bitget

Head to head

the arrow points to the better figure
Ondo PerpsBitget
Trading
—BTC trade, $1M$1,321
$546KBTC book depth▶$20.0M
40xMax leverage▶150x
Size
$444.6MVolume 24h▶$11.33B
$283.3MVolume, 7-day average▶$8.20B
$83.3MOpen interest▶$8.06B
—TVL—
Markets
77Markets▶933
65Stocks & RWA▶418
1hFunding paid every1h or 4h or 8h
+0.0100%BTC funding /8h+0.0100%
+0.693%BTC longs paid, 30d+0.575%
Access
none yetToken$BGB
ActiveAirdrop—

Cost to trade BTC

Ondo Perps cheaper below $100k, Bitget from $100k
SizeOndo PerpsBitget
$1k$0.707.0 bp$1.2012.0 bp
$10k$9.139.1 bp$12.0112.0 bp
$100k$25125.1 bp$12012.0 bp
$1M—$1,32113.2 bp
$5M—$8,68917.4 bp

BTC funding per day

pair page
Longs paid in 30 days: Ondo Perps +0.693% · Bitget +0.575%
Ondo PerpsBitget

Size

daily, last 90 days
Volume24h, each day
Ondo PerpsBitget
Open interestat each day's close
Ondo PerpsBitget
Ondo Perps's share of the twoby volume
Ondo Perps's share

Volume by asset class

last 90 days
Ondo PerpsCrypto 14% · Stocks 36% · Commodities 36% · Indices 13% · Pre-IPO 0.4%
BitgetCrypto 80% · Stocks 15% · Commodities 3.5% · Pre-IPO 0.3% · Other RWA 0.3%

On both: 76

funding /8h · Net 7d at $10k
AssetOndo PerpsBitgetSpreadNet 7d
BTC+0.0100%+0.0100%0.0000%−$23
ETH+0.0100%+0.0100%0.0000%−$52
ZEC+0.0100%+0.0100%0.0000%−$92
XRP+0.0100%+0.0095%+0.0005%—
HYPE+0.0100%+0.0100%0.0000%−$92
SOL+0.0100%−0.0007%+0.0107%−$37
LIT+0.0100%−0.0142%+0.0242%—
ONDO+0.0100%−0.0006%+0.0106%−$52
ENA+0.0100%−0.0034%+0.0134%—
PUMP+0.0100%+0.0078%+0.0022%−$123
NEAR+0.0100%+0.0100%0.0000%−$68
Only on Ondo Perps: 1

PEARL

Only on Bitget: 808

DOGE · BNB · SUI · LINK · XAUT · PEPE · ADA · BTW · LTC · UNI · TAO · AAVE · AVAX · WLD · XLM · BCH · DOT · SOXS · BGB · INJ · ASTER · HBAR · ARB · FF · ANTHROPIC · FET · TRX · PAXG · XMR · TQQQ · FIL · SHIB · SOON · PENGU · KAS · RENDER · ETC · FARTCOIN · TRUMP · SEI · WLFI · XPT · QNT · STRC · ICP · XPL · GRASS · ARIA · APT · ATOM · DASH · GRAM · EVAA · LONGXIA · IDOL · SNXX · ZBT · ALGO · SQQQ · TUT · and 748 more

Questions

Is Ondo Perps or Bitget cheaper to trade?

Opening and closing $10,000 of BTC with market orders costs $9.13 on Ondo Perps and $12.01 on Bitget right now, taker fee and order-book slippage together, so Ondo Perps is cheaper. Taker fees: 0.025% and 0.06%.

Which has more markets, Ondo Perps or Bitget?

Ondo Perps lists 77 active markets and Bitget 933; 76 assets trade on both, 65 of them stocks, commodities or other real-world assets.

Does Ondo Perps or Bitget require KYC?

Ondo Perps: No ID (only third-party fiat on-ramps check identity); not for the US, Canada, Panama, Russia, Ukraine or sanctioned countries. Bitget: KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Can you arbitrage funding between Ondo Perps and Bitget?

Yes: 1 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was CL, long on Bitget and short on Ondo Perps, with $5 left after costs.

Which is bigger, Ondo Perps or Bitget?

24-hour volume: Ondo Perps $444.6M, Bitget $11.33B. Open interest as each reports it: $83.3M and $8.06B.

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