After costs, if the gap returns to its 7d average, $10k−$19
spread now+0.483%7d average+0.035%fees + slippage, in and out−$64spread needed0.637%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ONDOUSDT | 0.4450 | 0.0100 | pay 0.0013% / 1h | 42m 22s | $182K | $340K | 50x |
| Short | Phoenix ONDO | 0.4471 | 0.0036 | get 0.0004% / 1h | 42m 22s | $28K | $224K | 10x |
Price 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
- $48.31
- Funding while held
- −$1.93
- Slippage, 4 orders
- −$46.74
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$17.35
- Spread needed to break even
- 0.637%
Slippage from ApeX Omni: live order book, 6 min ago; Phoenix: live order book, 62 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0064%
- Per $10,000 a day
- −$1.93
- 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 ApeX Omni live order book, 6 min ago | 11.16 bp | 22.2 bp −$22 | 51.3 bp −$513 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 62 min ago | 0.89 bp | 12.6 bp −$13 | 43.6 bp −$436 | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.ONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.809% | +0.0100% | 4h | $69.4M | $116.1M | 50x | as long as short |
| Extended ONDO-USD | −0.743% | +0.0104% | 1h | $375K | $1.1M | 25x | as long as short |
| OKX ONDO-USDT-SWAP | −0.742% | +0.0100% | 4h | $18.3M | $80.7M | 50x | as long as short |
| Gate ONDO_USDT | −0.742% | −0.0018% | 4h | $11.6M | $19.7M | 50x | as long as short |
| BingX ONDO-USDT | −0.742% | +0.0100% | 4h | — | $23.1M | — | as long as short |
| Nado ONDO-PERP | −0.730% | +0.0100% | 1h | $434K | $541K | 10x | as long as short |
| Reya ONDORUSDPERP | −0.729% | +0.1125% | 1h | $2K | — | 20x | as long as short |
| MEXC ONDO_USDT | −0.719% | +0.0100% | 4h | $48.1M | $44.8M | 200x | as long as short |
| Orderly PERP_ONDO_USDC | −0.719% | +0.0093% | 4h | $24K | $6K | 10x | as long as short |
| Phemex ONDOUSDT | −0.719% | +0.0100% | 4h | $4.8M | $4.9M | 50x | as long as short |
ApeX Omni ONDOUSDT
Phoenix ONDO
Bybit
Extended
OKX
Gate
BingX
MEXC
Phemex
BloFin
GMX
gTrade (Gains Network)
Bitget
SunX
SoDEX
Deribit
Coinbase International
Binance
KuCoin
RISEx
Backpack
Aster
Paradex
Polymarket Perps
Hyperliquid
Kraken Futures
Lighter
HTX
Variational Omni
Injective