Spread before costs (cost unknown: a leg has no order-book sample)+0.034%
7d average—if it closes, per $10,000$3funding while held, a day−$2.71
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ONDOUSDT | 0.4474 | 0.0100 | pay 0.0050% / 4h | 3h 04m | $25.3M | $44.2M | 50x |
| Short | gTrade (Gains Network) ONDO/USD | 0.4476 | L +0.0003% / S −0.0010% | get 0.0001% / 1h | 4m 59s | $9K | — | 150x |
Bitget ONDOUSDT
gTrade (Gains Network) ONDO/USDPrice 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
- $3.44
- Funding while held
- −$2.71
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$21.27
- Spread needed to break even
- 0.220%
Slippage unknown: Bitget: live order book, 5 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0090%
- Per $10,000 a day
- −$2.71
- 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 Bitget live order book, 5 min ago | 2.24 bp | 11.9 bp −$12 | 17.7 bp −$177 | 63.9 bp −$6,395 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.Injective0.4463cheapestPhemex0.4470+0.157%OKX0.4471+0.179%BingX0.4471+0.179%ApeX Omni0.4471+0.179%Bybit0.4472+0.202%edgeX0.4472+0.206%Phoenix0.4473+0.220%Gate0.4473+0.224%MEXC0.4473+0.224%Reya0.4474+0.242%Extended0.4474+0.246%KuCoin0.4474+0.246%
Injective
Phemex
OKX
BingX
ApeX Omni
Bybit
Phoenix
Gate
MEXC
Reya
Extended
KuCoinBitget0.4474+0.246%
Orderly0.4474+0.246%SunX0.4474+0.246%SoDEX0.4474+0.246%BloFin0.4474+0.246%Variational Omni0.4474+0.250%Binance0.4475+0.269%RISEx0.4475+0.271%Paradex0.4475+0.272%Nado0.4475+0.274%GMX0.4475+0.274%
Orderly
SunX
SoDEX
BloFin
Variational Omni
Binance
RISEx
Paradex
Nado
GMXgTrade (Gains Network)0.4476+0.281%
Backpack0.4476+0.294%Hyperliquid0.4477+0.309%Aster0.4477+0.314%Aevo0.4477+0.315%dYdX0.4477+0.318%Polymarket Perps0.4477+0.320%Deribit0.4478+0.336%01 Exchange0.4478+0.338%Kraken Futures0.4480+0.386%Lighter0.4481+0.408%Ondo Perps0.4484+0.466%HTX0.4485+0.493%Coinbase International0.4486+0.515%
Backpack
Hyperliquid
Aster
Aevo
dYdX
Polymarket Perps
Deribit
Kraken Futures
Lighter
Ondo Perps
HTX
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 | −0.246% | +0.1162% | 1h | $1K | $85K | 5.5x | as long as short |
| Phemex ONDOUSDT | −0.089% | +0.0100% | 4h | $5.0M | $5.4M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.067% | +0.0100% | 4h | $17.8M | $82.9M | 50x | as long as short |
| BingX ONDO-USDT | −0.067% | +0.0100% | 4h | — | $23.3M | — | as long as short |
| ApeX Omni ONDOUSDT | −0.067% | +0.0100% | 1h | $181K | $371K | 50x | as long as short |
| Bybit ONDOUSDT | −0.045% | −0.0133% | 4h | $70.5M | $116.9M | 50x | as long as short |
| edgeX ONDOUSDC | −0.040% | +0.0100% | 4h | $5K | $319K | 20x | as long as short |
| Phoenix ONDO | −0.027% | +0.0162% | 1h | $28K | $244K | 10x | as long as short |
| Gate ONDO_USDT | −0.022% | +0.0070% | 4h | $11.8M | $19.3M | 50x | as long as short |
| MEXC ONDO_USDT | −0.022% | +0.0100% | 4h | $47.9M | $47.6M | 200x | as long as short |