After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.180%7d average+0.101%fees + slippage, in and out−$40spread needed0.398%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ONDOUSDT | 0.4401 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $24.7M | $42.0M | 50x |
| Short | Lighter ONDO | 0.4409 | 0.0432 | get 0.0054% / 1h | 33m 25s | $1.2M | $1.6M | 10x |
Bitget ONDOUSDT
Lighter ONDOPrice 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
- $17.95
- Funding while held
- $9.96
- Slippage, 4 orders
- −$27.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.88
- Spread needed to break even
- 0.398%
Slippage from Bitget: live order book, 2 min ago; Lighter: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0332%
- Per $10,000 a day
- +$9.96
- 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, 2 min ago | 2.27 bp | 9.6 bp −$10 | 19.1 bp −$191 | 53.8 bp −$5,377 | doesn't fit |
| Sell Lighter live order book, 4 min ago | 3.51 bp | 7.2 bp −$7 | 16.9 bp −$169 | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps0.4395cheapestBybit0.4398+0.077%Gate0.4398+0.077%OKX0.4399+0.100%Extended0.4400+0.113%MEXC0.4400+0.123%KuCoin0.4400+0.123%BingX0.4400+0.123%ApeX Omni0.4400+0.123%Orderly0.4400+0.123%Reya0.4400+0.132%GMX0.4400+0.133%Binance0.4401+0.143%
Ondo Perps
Bybit
Gate
OKX
Extended
MEXC
KuCoin
BingX
ApeX Omni
Orderly
Reya
GMX
BinanceBitget0.4401+0.146%
Coinbase International0.4401+0.146%gTrade (Gains Network)0.4401+0.150%Polymarket Perps0.4401+0.152%RISEx0.4401+0.156%Paradex0.4402+0.164%dYdX0.4402+0.168%edgeX0.4402+0.173%Variational Omni0.4403+0.183%01 Exchange0.4403+0.184%SunX0.4403+0.191%SoDEX0.4403+0.191%BloFin0.4403+0.191%Nado0.4403+0.197%Hyperliquid0.4404+0.205%Backpack0.4404+0.214%Phemex0.4404+0.214%Kraken Futures0.4404+0.220%Aster0.4405+0.232%Deribit0.4405+0.237%Aevo0.4409+0.320%
Coinbase International
gTrade (Gains Network)
Polymarket Perps
RISEx
Paradex
dYdX
Variational Omni
SunX
SoDEX
BloFin
Nado
Hyperliquid
Backpack
Phemex
Kraken Futures
Aster
Deribit
AevoLighter0.4409+0.325%
Phoenix0.4410+0.353%HTX0.4414+0.441%Injective0.4463+1.556%
Phoenix
HTX
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps ONDO-USD.P | −0.145% | +0.0100% | 1h | $72K | $89K | 10x | as long as short |
| Bybit ONDOUSDT | −0.068% | +0.0100% | 4h | $69.0M | $115.2M | 50x | as long as short |
| Gate ONDO_USDT | −0.068% | +0.0100% | 4h | $11.6M | $19.0M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.045% | +0.0100% | 4h | $17.3M | $79.6M | 50x | as long as short |
| Extended ONDO-USD | −0.033% | +0.0104% | 1h | $372K | $933K | 25x | as long as short |
| MEXC ONDO_USDT | −0.023% | +0.0100% | 4h | $46.5M | $44.4M | 200x | as long as short |
| KuCoin ONDOUSDTM | −0.023% | +0.0100% | 4h | $13.4M | $9.8M | 50x | as long as short |
| BingX ONDO-USDT | −0.023% | +0.0100% | 4h | — | $23.2M | — | as long as short |
| ApeX Omni ONDOUSDT | −0.023% | +0.0100% | 1h | $155K | $346K | 50x | as long as short |
| Orderly PERP_ONDO_USDC | −0.023% | +0.0100% | 4h | $24K | $8K | 10x | as long as short |