Spread before costs (cost unknown: a leg has no order-book sample)+0.078%
7d average—if it closes, per $10,000$8funding while held, a day−$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ONDOUSDT | 0.4443 | 0.0100 | pay 0.0050% / 4h | 2m 57s | $25.3M | $44.4M | 50x |
| Short | Paradex ONDO-USD-PERP | 0.4446 | 0.0100 | get 0.0100% / 8h | 2m 57s | $6K | $9 | 10x |
Bitget ONDOUSDT
Paradex ONDO-USD-PERPPrice 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
- $7.85
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$8.15
- Spread needed to break even
- 0.160%
Slippage unknown: Bitget: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.
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 Bitget live order book, 2 min ago | 2.25 bp | 10.7 bp −$11 | 19.1 bp −$191 | 59.2 bp −$5,924 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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.Injective0.4419cheapestBybit0.4438+0.430%Gate0.4438+0.430%OKX0.4440+0.475%BingX0.4440+0.475%SoDEX0.4440+0.475%KuCoin0.4441+0.498%Phemex0.4441+0.498%Nado0.4441+0.509%GMX0.4442+0.517%ApeX Omni0.4442+0.520%Orderly0.4442+0.520%Extended0.4442+0.523%Aevo0.4442+0.528%Binance0.4443+0.537%gTrade (Gains Network)0.4443+0.540%MEXC0.4443+0.543%
Injective
Bybit
Gate
OKX
BingX
SoDEX
KuCoin
Phemex
Nado
GMX
ApeX Omni
Orderly
Extended
Aevo
Binance
gTrade (Gains Network)
MEXCBitget0.4443+0.543%
Coinbase International0.4443+0.543%Backpack0.4443+0.545%Reya0.4444+0.564%Aster0.4444+0.566%Variational Omni0.4444+0.573%SunX0.4445+0.588%Deribit0.4445+0.588%BloFin0.4445+0.588%
Coinbase International
Backpack
Reya
Aster
Variational Omni
SunX
Deribit
BloFinParadex0.4446+0.622%
edgeX0.4447+0.628%Hyperliquid0.4447+0.629%RISEx0.4448+0.646%Kraken Futures0.4448+0.664%Polymarket Perps0.4448+0.665%dYdX0.4449+0.678%Phoenix0.4449+0.679%Lighter0.4450+0.708%01 Exchange0.4452+0.738%Ondo Perps0.4453+0.763%HTX0.4453+0.769%
Hyperliquid
RISEx
Kraken Futures
Polymarket Perps
dYdX
Phoenix
Lighter
Ondo Perps
HTXONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −0.540% | +0.0015% | 1h | $995 | $134K | 5.5x | as long as short |
| Bybit ONDOUSDT | −0.113% | +0.0100% | 4h | $69.7M | $119.1M | 50x | as long as short |
| Gate ONDO_USDT | −0.113% | +0.0044% | 4h | $11.7M | $20.3M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.068% | +0.0100% | 4h | $18.2M | $83.1M | 50x | as long as short |
| BingX ONDO-USDC | −0.068% | +0.0100% | 4h | — | $763K | — | as long as short |
| SoDEX ONDO-USD | −0.068% | +0.0100% | 1h | $461 | $15K | 10x | as long as short |
| KuCoin ONDOUSDTM | −0.045% | +0.0100% | 4h | $13.6M | $10.6M | 50x | as long as short |
| Phemex ONDOUSDT | −0.045% | +0.0100% | 4h | $5.0M | $5.3M | 50x | as long as short |
| Nado ONDO-PERP | −0.034% | +0.0100% | 1h | $430K | $569K | 10x | as long as short |
| GMX ONDO/USD [ETH-USDC] | −0.026% | L +0.0562% / S −0.0189% | 1h | $505K | — | 100x | as long as short |