Entry cost

ONDO markets

Type a position size; every exchange is repriced against its live order book.

Asset

Cheapest round trip on $10kMEXC5.5 bp

You pay, in and out−$5.54

Second cheapest costs+$8.39 more

Venues that fill it27of 39

Margin at 200x$50

Exchange	Price	Taker / maker	Half-spread	Buy (long)	Sell (short)	Round trip	In $	Measured up to	Margin at max lev	Median 24h	Median 7d	p10-p90 7d
MEXC ONDO_USDT · live order book, 2 min agocheapest	0.4523	0.000%/0.010%	1.11 bp	2.9 bp	2.6 bp	5.5 bp	−$5.54	$12.2M	$50 200x	3.8 bp	3.8 bp	2.3-6.6 bp
Polymarket Perps ONDO-USD · live order book, 1 min ago	0.4526	0.040%/0.013%	1.88 bp	8.1 bp	5.9 bp	13.9 bp	−$14	$496K	$1,000 10x	5.6 bp	6.2 bp	3.8-8.8 bp
Extended ONDO-USD · live order book, 31 min ago	0.4526	0.025%/0.000%	4.47 bp	7.0 bp	7.0 bp	14.0 bp	−$14	$130K	$400 25x	7.6 bp	7.6 bp	5.8-9.8 bp
Nado ONDO-PERP · live order book, 46 min ago	0.4526	0.035%/0.010%	0.78 bp	8.5 bp	7.0 bp	15.5 bp	−$15	$226K	$1,000 10x	8.1 bp	7.9 bp	4.0-12.2 bp
Hyperliquid ONDO · live order book, 11 min ago	0.4525	0.045%/0.015%	1.00 bp	6.7 bp	9.2 bp	15.9 bp	−$16	$21K	$1,000 10x	7.3 bp	7.4 bp	3.6-10.4 bp
Aster ONDOUSDT · live order book, 1 min ago	0.4526	0.040%/0.000%	1.11 bp	9.1 bp	8.1 bp	17.2 bp	−$17	$317K	$500 20x	17.1 bp	20.6 bp	15.6-25.4 bp
Binance ONDOUSDT · live order book, 1 min ago	0.4521	0.050%/0.020%	1.11 bp	8.9 bp	9.2 bp	18.1 bp	−$18	$4.8M	$133 75x	6.6 bp	6.6 bp	3.0-9.3 bp
BingX ONDO-USDT · live order book, 1 min ago	0.4519	0.050%/0.020%	1.11 bp	8.4 bp	10.0 bp	18.4 bp	−$18	$10.7M	—	5.8 bp	6.7 bp	4.1-11.9 bp
OKX ONDO-USDT-SWAP · live order book, 2 min ago	0.4521	0.050%/0.020%	1.11 bp	11.0 bp	8.3 bp	19.3 bp	−$19	$1.1M	$200 50x	7.8 bp	7.4 bp	4.9-10.8 bp
Lighter ONDO · live order book, 5 min ago	0.4534	0.000%/0.000%	4.33 bp	14.9 bp	4.7 bp	19.6 bp	−$20	$528K	$1,000 10x	13.9 bp	13.8 bp	9.3-18.5 bp
BloFin ONDO-USDT · live order book, 6 min ago	0.4517	0.060%/0.020%	2.22 bp	8.2 bp	11.5 bp	19.7 bp	−$20	$4.1M	$133 75x	8.9 bp	8.9 bp	2.4-15.7 bp
Backpack ONDO_USDC_PERP · live order book, 46 min ago	0.4521	0.050%/0.020%	1.89 bp	10.1 bp	9.6 bp	19.8 bp	−$20	$62K	$667 15x	9.8 bp	9.6 bp	6.1-12.7 bp
edgeX ONDOUSDC · live order book, 46 min ago	0.4507	0.045%/0.040%	5.55 bp	10.3 bp	10.1 bp	20.3 bp	−$20	$330K	$500 20x	9.4 bp	9.5 bp	9.2-11.5 bp
Bybit ONDOUSDT · live order book, 2 min ago	0.4524	0.055%/0.020%	1.11 bp	12.7 bp	7.7 bp	20.5 bp	−$20	$2.5M	$200 50x	6.4 bp	6.4 bp	3.7-8.8 bp
ApeX Omni ONDOUSDT · live order book, 45 min ago	0.4507	0.050%/0.020%	3.32 bp	10.9 bp	10.6 bp	21.5 bp	−$22	$422K	$200 50x	12.1 bp	11.7 bp	6.3-15.8 bp
Deribit ONDO_USDC-PERPETUAL · live order book, 46 min ago	0.4528	0.035%/0.015%	8.89 bp	12.4 bp	12.4 bp	24.8 bp	−$25	$96K	$400 25x	16.6 bp	16.6 bp	11.5-23.9 bp
Phoenix ONDO · live order book, 42 min ago	0.4503	0.035%/0.005%	0.90 bp	12.6 bp	12.6 bp	25.3 bp	−$25	$424K	$1,000 10x	18.3 bp	18.3 bp	18.2-18.4 bp
Bitget ONDOUSDT · live order book, 2 min ago	0.4522	0.060%/0.020%	2.21 bp	12.6 bp	13.4 bp	26.1 bp	−$26	$1.5M	$200 50x	8.9 bp	8.8 bp	6.0-12.6 bp
GRVT ONDO_USDT_Perp · live order book, 45 min ago	0.4521	0.045%/0.000%	3.33 bp	14.6 bp	13.1 bp	27.7 bp	−$28	$799K	$1,000 10x	21.9 bp	21.4 bp	12.1-37.9 bp
KuCoin ONDOUSDTM · live order book, 2 min ago	0.4526	0.060%/0.020%	2.21 bp	19.0 bp	18.4 bp	37.4 bp	−$37	$511K	$200 50x	25.4 bp	23.6 bp	17.8-29.7 bp
HTX ONDO-USDT · live order book, 46 min ago	0.4534	0.060%/0.020%	14.42 bp	20.8 bp	20.4 bp	41.2 bp	−$41	$49K	$200 50x	40.1 bp	42.1 bp	23.6-94.0 bp
Phemex ONDOUSDT · live order book, 2 min ago	0.4525	0.060%/0.010%	6.64 bp	24.4 bp	17.7 bp	42.1 bp	−$42	$327K	$200 50x	21.8 bp	18.6 bp	13.7-35.6 bp
Gate ONDO_USDT · live order book, 2 min ago	0.4524	0.075%/0.020%	2.21 bp	20.1 bp	22.6 bp	42.7 bp	−$43	$9.2M	$200 50x	17.5 bp	16.1 bp	11.8-21.1 bp
Kraken Futures PF_ONDOUSD · live order book, 2 min ago	0.4527	0.050%/0.020%	6.64 bp	18.8 bp	24.3 bp	43.1 bp	−$43	$576K	$200 50x	24.0 bp	24.0 bp	16.3-35.2 bp
Coinbase International ONDO-PERP-INTX · live order book, 46 min ago	0.4530	0.050%/—	14.46 bp	26.0 bp	23.0 bp	49.0 bp	−$49	$173K	$200 50x	40.4 bp	39.0 bp	24.2-63.4 bp
SunX ONDO-USDT · live order book, 2 min ago	0.4524	0.040%/0.020%	47.62 bp	70.9 bp	72.0 bp	142.9 bp	−$143	$26K	$500 20x	128.7 bp	127.1 bp	123.7-137.8 bp
dYdX ONDO-USD · live order book, 47 min ago	0.4528	0.050%/0.010%	27.35 bp	32.4 bp	112.1 bp	144.5 bp	−$144	$168.4M	$2,000 5x	239.3 bp	242.6 bp	129.2-412.8 bp
Variational Omni ONDO	0.4497	0.000%/0.000%	5.54 bp	the book does not hold this size
GMX ONDO/USD [ETH-USDC]	0.4524	0.060%/0.040%	—	oracle execution: slippage not modeled, see the exchange's docs
Ondo Perps ONDO-USD.P	0.4510	0.025%/0.020%	—	below $100k OI and volume: not sampled
Aevo ONDO-PERP	0.4528	0.080%/0.050%	—	below $100k OI and volume: not sampled
Orderly PERP_ONDO_USDC	0.4524	0.030%/0.000%	—	below $100k OI and volume: not sampled
Paradex ONDO-USD-PERP	0.4526	0.020%/0.000%	—	below $100k OI and volume: not sampled
gTrade (Gains Network) ONDO/USD	0.4524	0.050%/0.035%	—	no public order book; price impact follows the exchange's formula
Reya ONDORUSDPERP	0.4525	0.030%/0.030%	—	no public order book; price impact follows the exchange's formula
Injective ONDO/USDC PERP	0.4416	0.000%/—	—	below $100k OI and volume: not sampled
SoDEX ONDO-USD	0.4527	0.040%/0.012%	—	below $100k OI and volume: not sampled
01 Exchange ONDOUSD	0.4528	0.035%/0.010%	—	below $100k OI and volume: not sampled
RISEx ONDO/USDC	0.4524	0.030%/0.010%	—	below $100k OI and volume: not sampled

Slippage is the average fill price of a market order walking the book against the mid; the half-spread is part of it. A size between two measured points is interpolated and marked ~. Fees are each exchange's base taker tier, before volume tiers and token discounts. Exchanges that fill at an oracle price (GMX, Avantis, Jupiter) charge price impact by formula and are not modeled. RFQ exchanges (Variational) quote only $1k, $100k and $1M. The calculator runs from $1k to $5M.