Spread before costs (cost unknown: a leg has no order-book sample)−0.165%
7d average—if it closes, per $10,000$17funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ONDO-PERP | 0.4515 | 0.0104 | pay 0.0013% / 1h | 34m 50s | $36K | — | 3x |
| Short | Nado ONDO-PERP | 0.4507 | 0.0100 | get 0.0012% / 1h | 34m 50s | $452K | $517K | 10x |
Aevo ONDO-PERP
Nado ONDO-PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$16.55
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$39.67
- Spread needed to break even
- 0.230%
Slippage unknown: Aevo: no order-book sample; Nado: live order book, 20 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- Average in range /8h
- —
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 Nado live order book, 20 min ago | 1.34 bp | 5.4 bp −$5 | 24.8 bp −$248 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4457cheapestedgeX0.4480+0.506%Phoenix0.4488+0.705%Variational Omni0.4489+0.727%ApeX Omni0.4490+0.740%Ondo Perps0.4500+0.958%Extended0.4506+1.109%Coinbase International0.4507+1.122%
Injective
Phoenix
Variational Omni
ApeX Omni
Ondo Perps
Extended
Coinbase InternationalNado0.4507+1.127%
Paradex0.4507+1.129%Reya0.4508+1.136%OKX0.4508+1.144%Bybit0.4509+1.167%Gate0.4509+1.167%MEXC0.4509+1.167%Binance0.4510+1.189%BloFin0.4510+1.189%dYdX0.4510+1.192%Bitget0.4511+1.212%gTrade (Gains Network)0.4512+1.224%GMX0.4512+1.231%Polymarket Perps0.4512+1.232%RISEx0.4512+1.233%BingX0.4512+1.234%Orderly0.4512+1.234%SunX0.4513+1.256%SoDEX0.4513+1.256%Phemex0.4513+1.256%
Paradex
Reya
OKX
Bybit
Gate
MEXC
Binance
BloFin
dYdX
Bitget
gTrade (Gains Network)
GMX
Polymarket Perps
RISEx
BingX
Orderly
SunX
SoDEX
PhemexAevo0.4515+1.295%
KuCoin0.4515+1.301%Aster0.4515+1.306%Backpack0.4516+1.319%Deribit0.4516+1.324%Hyperliquid0.4517+1.337%Lighter0.4519+1.382%HTX0.4519+1.391%Kraken Futures0.4520+1.419%
KuCoin
Aster
Backpack
Deribit
Hyperliquid
Lighter
HTX
Kraken FuturesONDO on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −1.278% | +0.0824% | 1h | $1K | $88K | 5.5x | as long as short |
| edgeX ONDOUSDC | −0.779% | +0.0100% | 4h | $4K | $316K | 20x | as long as short |
| Phoenix ONDO | −0.583% | +0.0035% | 1h | $27K | $206K | 10x | as long as short |
| Variational Omni ONDO | −0.561% | +0.0100% | 4h | $904K | $2.0M | — | as long as short |
| ApeX Omni ONDOUSDT | −0.548% | +0.0100% | 1h | $182K | $340K | 50x | as long as short |
| Ondo Perps ONDO-USD.P | −0.333% | +0.0100% | 1h | $74K | $101K | 10x | as long as short |
| Extended ONDO-USD | −0.184% | +0.0104% | 1h | $416K | $1.1M | 25x | as long as short |
| Coinbase International ONDO-PERP-INTX | −0.171% | +0.0488% | 1h | $353K | $809K | 50x | as long as short |
| Nado ONDO-PERPshort | −0.165% | +0.0100% | 1h | $452K | $517K | 10x | |
| Paradex ONDO-USD-PERP | −0.164% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya ONDORUSDPERP | −0.157% | +0.1123% | 1h | $2K | — | 20x | as long as short |
| OKX ONDO-USDT-SWAP | −0.149% | +0.0100% | 4h | $18.3M | $79.9M | 50x | as long as short |
| Bybit ONDOUSDT | −0.127% | +0.0100% | 4h | $69.8M | $112.5M | 50x | as long as short |
| Gate ONDO_USDT | −0.127% | −0.0090% | 4h | $11.9M | $19.3M | 50x | as long as short |
| MEXC ONDO_USDT | −0.127% | +0.0100% | 4h | $49.3M | $44.2M | 200x | as long as short |
| Binance ONDOUSDT | −0.105% | +0.0100% | 4h | $67.5M | $216.1M | 75x | as long as short |
| BloFin ONDO-USDT | −0.105% | +0.0340% | 4h | $3.3M | $3.4M | 75x | as long as short |
| dYdX ONDO-USD | −0.102% | +0.5114% | 1h | $160K | $11K | 5x | as long as short |
| Bitget ONDOUSDT | −0.082% | +0.0100% | 4h | $25.2M | $42.6M | 50x | as long as short |
| gTrade (Gains Network) ONDO/USD | −0.070% | L +0.0003% / S −0.0007% | 1h | $7K | — | 150x | as long as short |
| GMX ONDO/USD [ETH-USDC] | −0.063% | L +0.0572% / S −0.0190% | 1h | $513K | — | 100x | as long as short |
| Polymarket Perps ONDO-USD | −0.062% | +0.0100% | 1h | $88K | $959K | 10x | as long as short |
| RISEx ONDO/USDC | −0.062% | +0.0100% | 1h | — | — | 5x | as long as short |
| BingX ONDO-USDC | −0.060% | +0.0100% | 4h | — | $767K | — | as long as short |
| Orderly PERP_ONDO_USDC | −0.060% | +0.0094% | 4h | $25K | $6K | 10x | as long as short |
| SunX ONDO-USDT | −0.038% | +0.0100% | 4h | — | $1.3M | 20x | as long as short |
| SoDEX ONDO-USD | −0.038% | +0.0100% | 1h | $2K | $8K | 10x | as long as short |
| Phemex ONDOUSDT | −0.038% | +0.0100% | 4h | $4.9M | $4.7M | 50x | as long as short |
| Aevo ONDO-PERPlong | 0.000% | +0.0104% | 1h | $36K | — | 3x | |
| KuCoin ONDOUSDTM | +0.006% | +0.0100% | 4h | $14.2M | $10.2M | 50x | as long as short |
| Aster ONDOUSDT | +0.011% | +0.0100% | 4h | $698K | $1.5M | 20x | as long as short |
| Backpack ONDO_USDC_PERP | +0.024% | +0.0100% | 1h | $297K | $646K | 15x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | +0.028% | 0.0000% | 1h | $36K | $237K | 25x | as long as short |
| Hyperliquid ONDO | +0.042% | +0.0430% | 1h | $42.5M | $27.2M | 10x | as long as short |
| Lighter ONDO | +0.086% | +0.0528% | 1h | $1.2M | $1.9M | 10x | as long as short |
| HTX ONDO-USDT | +0.095% | +0.0100% | 4h | $129K | $617K | 50x | as long as short |
| Kraken Futures PF_ONDOUSD | +0.122% | +0.0898% | 1h | $3.5M | $4.9M | 50x | as long as short |