After costs, if the gap returns to its 7d average, $10k−$41
spread now−0.074%7d average−0.028%fees + slippage, in and out−$36spread needed0.365%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONDOUSDT | 0.4467 | 0.0100 | pay 0.0050% / 4h | 3h 23m | $68.1M | $229.1M | 75x |
| Short | Bybit ONDOUSDT | 0.4464 | −0.0230 | pay 0.0115% / 4h | 3h 23m | $69.9M | $117.6M | 50x |
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
- −$7.42
- Funding while held
- −$9.89
- Slippage, 4 orders
- −$15.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$53.8
- Spread needed to break even
- 0.365%
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0330%
- Per $10,000 a day
- −$9.89
- 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 Binance live order book, 7 min ago | 1.12 bp | 10.5 bp −$11 | 18.2 bp −$182 | 61.4 bp −$6,141 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.12 bp | 10.4 bp −$10 | 17.4 bp −$174 | 62.6 bp −$6,263 | 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 | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −0.500% | +0.1162% | 1h | $1K | $85K | 5.5x | as long as short |
| OKX ONDO-USDT-SWAP | −0.097% | +0.0100% | 4h | $17.9M | $83.6M | 50x | as long as short |
| Bybit ONDOUSDTshort | −0.074% | −0.0230% | 4h | $69.9M | $117.6M | 50x | |
| Variational Omni ONDO | −0.061% | −0.0036% | 4h | $922K | $2.0M | — | as long as short |
| Extended ONDO-USD | −0.052% | +0.0104% | 1h | $376K | $1.1M | 25x | as long as short |
| Ondo Perps ONDO-USD.P | −0.052% | +0.0100% | 1h | $75K | $94K | 10x | as long as short |
| Gate ONDO_USDT | −0.052% | +0.0100% | 4h | $11.8M | $19.1M | 50x | as long as short |
| Reya ONDORUSDPERP | −0.043% | +0.1128% | 1h | $2K | — | 20x | as long as short |
| KuCoin ONDOUSDTM | −0.029% | +0.0100% | 4h | $13.7M | $10.3M | 50x | as long as short |
| BingX ONDO-USDT | −0.029% | +0.0100% | 4h | — | $23.5M | — | as long as short |
Binance ONDOUSDT
Bybit ONDOUSDT
Injective
OKX
Variational Omni
Extended
Gate
KuCoin
BingX
SoDEX
BloFin
GMX
MEXC
Bitget
gTrade (Gains Network)
Phemex
Deribit
Backpack
Polymarket Perps
Paradex
SunX
RISEx
Aster
Hyperliquid
Kraken Futures
ApeX Omni
Lighter
Phoenix
HTX
Coinbase International