Spread before costs (cost unknown: a leg has no order-book sample)+0.119%
7d average+0.005%if it closes, per $10,000$12funding while held, a day+$3.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONDO-USDC | 0.4444 | 0.0100 | pay 0.0050% / 4h | 2h 20m | — | $759K | — |
| Short | GMX ONDO/USD [ETH-USDC] | 0.4449 | L +0.0620% / S −0.0217% | get 0.0027% / 1h | 20m 37s | $544K | — | 100x |
BingX ONDO-USDC
GMX ONDO/USD [ETH-USDC]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
- $11.95
- Funding while held
- $3.52
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$6.53
- Spread needed to break even
- 0.220%
Slippage unknown: BingX: live order book, 59 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0117%
- Per $10,000 a day
- +$3.52
- 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 BingX live order book, 59 min ago | 2.26 bp | 104.3 bp −$104 | 194.1 bp −$1,941 | 782.4 bp −$78.2K | 1126.9 bp −$563.4K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.Phoenix0.4433cheapestApeX Omni0.4433+0.005%edgeX0.4438+0.124%Variational Omni0.4440+0.160%Bybit0.4443+0.230%OKX0.4444+0.253%Gate0.4444+0.253%
Phoenix
ApeX Omni
Variational Omni
Bybit
OKX
GateBingX0.4444+0.253%
Extended0.4445+0.273%MEXC0.4445+0.275%KuCoin0.4445+0.275%BloFin0.4445+0.275%Reya0.4445+0.276%Paradex0.4446+0.288%Bitget0.4446+0.298%Binance0.4446+0.308%Nado0.4447+0.320%Phemex0.4447+0.320%Polymarket Perps0.4447+0.329%RISEx0.4448+0.339%dYdX0.4449+0.356%01 Exchange0.4449+0.356%SunX0.4449+0.365%
Extended
MEXC
KuCoin
BloFin
Reya
Paradex
Bitget
Binance
Nado
Phemex
Polymarket Perps
RISEx
dYdX
SunXGMX0.4449+0.372%
Backpack0.4450+0.381%Hyperliquid0.4450+0.388%Aster0.4450+0.388%Orderly0.4450+0.388%gTrade (Gains Network)0.4451+0.404%SoDEX0.4451+0.411%Coinbase International0.4451+0.411%HTX0.4452+0.433%Aevo0.4453+0.456%Deribit0.4454+0.478%Lighter0.4454+0.485%Ondo Perps0.4454+0.487%Kraken Futures0.4455+0.499%Injective0.4463+0.681%
Backpack
Hyperliquid
Aster
Orderly
gTrade (Gains Network)
SoDEX
Coinbase International
HTX
Aevo
Deribit
Lighter
Ondo Perps
Kraken Futures
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix ONDO | −0.252% | +0.0143% | 1h | $28K | $263K | 10x | as long as short |
| ApeX Omni ONDOUSDT | −0.248% | +0.0100% | 1h | $176K | $307K | 50x | as long as short |
| edgeX ONDOUSDC | −0.128% | +0.0100% | 4h | $5K | $318K | 20x | as long as short |
| Variational Omni ONDO | −0.093% | −0.0046% | 4h | $770K | $2.1M | — | as long as short |
| Bybit ONDOUSDT | −0.023% | +0.0056% | 4h | $69.8M | $115.0M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | 0.000% | +0.0100% | 4h | $17.6M | $80.4M | 50x | as long as short |
| Gate ONDO_USDT | 0.000% | +0.0082% | 4h | $11.7M | $18.8M | 50x | as long as short |
| BingX ONDO-USDClong | 0.000% | +0.0100% | 4h | — | $759K | — | |
| Extended ONDO-USD | +0.020% | +0.0104% | 1h | $374K | $975K | 25x | as long as short |
| MEXC ONDO_USDT | +0.023% | +0.0100% | 4h | $47.3M | $45.8M | 200x | as long as short |