After costs, if the gap returns to its 7d average, $10k−$58
spread now−0.051%7d average−0.044%fees + slippage, in and out−$57spread needed0.572%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack ONDO_USDC_PERP | 0.4487 | 0.0100 | pay 0.0013% / 1h | 33m 13s | $238K | $870K | 15x |
| Short | Gate ONDO_USDT | 0.4485 | 0.0100 | get 0.0050% / 4h | 3h 33m | $11.8M | $19.0M | 50x |
Backpack ONDO_USDC_PERP
Gate ONDO_USDTPrice 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
- −$5.13
- Funding while held
- $0
- Slippage, 4 orders
- −$32.18
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$62.31
- Spread needed to break even
- 0.572%
Slippage from Backpack: live order book, 12 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Backpack live order book, 12 min ago | 2.77 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.24 bp | 17.4 bp −$17 | 27.0 bp −$270 | 49.3 bp −$4,934 | 80.5 bp −$40.3K |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4445cheapestSoDEX0.4470+0.562%Variational Omni0.4471+0.592%edgeX0.4475+0.678%Phemex0.4478+0.742%Binance0.4478+0.749%Bybit0.4479+0.765%KuCoin0.4479+0.765%Extended0.4479+0.771%BloFin0.4480+0.787%Reya0.4480+0.791%Orderly0.4481+0.810%SunX0.4481+0.810%Deribit0.4482+0.832%GMX0.4482+0.834%gTrade (Gains Network)0.4482+0.839%Ondo Perps0.4483+0.848%Phoenix0.4483+0.862%Aster0.4484+0.877%Nado0.4484+0.877%Aevo0.4484+0.883%OKX0.4485+0.900%
Injective
SoDEX
Variational Omni
Phemex
Binance
Bybit
KuCoin
Extended
BloFin
Reya
Orderly
SunX
Deribit
GMX
gTrade (Gains Network)
Ondo Perps
Phoenix
Aster
Nado
Aevo
OKXGate0.4485+0.900%
Kraken Futures0.4486+0.920%Lighter0.4486+0.920%RISEx0.4487+0.944%Polymarket Perps0.4487+0.945%
Kraken Futures
Lighter
RISEx
Polymarket PerpsBackpack0.4487+0.952%
Bitget0.4488+0.967%BingX0.4488+0.967%01 Exchange0.4489+0.979%MEXC0.4489+0.990%ApeX Omni0.4489+0.990%Paradex0.4490+1.013%HTX0.4491+1.035%Hyperliquid0.4493+1.080%dYdX0.4494+1.105%Coinbase International0.4500+1.237%
Bitget
BingX
MEXC
ApeX Omni
Paradex
HTX
Hyperliquid
dYdX
Coinbase InternationalONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −0.943% | +0.1162% | 1h | $1K | $85K | 5.5x | as long as short |
| SoDEX ONDO-USD | −0.386% | +0.0100% | 1h | $465 | $15K | 10x | as long as short |
| Variational Omni ONDO | −0.357% | −0.0027% | 4h | $924K | $2.0M | — | as long as short |
| edgeX ONDOUSDC | −0.271% | +0.0100% | 4h | $5K | $319K | 20x | as long as short |
| Phemex ONDOUSDT | −0.207% | −0.0024% | 4h | $5.0M | $5.4M | 50x | as long as short |
| Binance ONDOUSDT | −0.200% | +0.0100% | 4h | $67.9M | $229.9M | 75x | as long as short |
| Bybit ONDOUSDT | −0.185% | −0.0424% | 4h | $70.1M | $118.2M | 50x | as long as short |
| KuCoin ONDOUSDTM | −0.185% | +0.0100% | 4h | $13.7M | $10.4M | 50x | as long as short |
| Extended ONDO-USD | −0.178% | +0.0104% | 1h | $378K | $1.1M | 25x | as long as short |
| BloFin ONDO-USDT | −0.163% | +0.0340% | 4h | $3.4M | $3.4M | 75x | as long as short |