After costs, if the gap returns to its 7d average, $10k−$49
spread now−0.157%7d average−0.070%fees + slippage, in and out−$40spread needed0.402%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ONDO-USDT | 0.4446 | 0.0340 | pay 0.0170% / 4h | 3m 23s | $3.4M | $3.4M | 75x |
| Short | Bybit ONDOUSDT | 0.4439 | 0.0100 | get 0.0050% / 4h | 3m 23s | $69.6M | $119.1M | 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
- −$15.74
- Funding while held
- −$7.2
- Slippage, 4 orders
- −$17.22
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$63.17
- Spread needed to break even
- 0.402%
Slippage from BloFin: live order book, 1 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0240%
- Per $10,000 a day
- −$7.20
- 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 BloFin live order book, 1 min ago | 1.13 bp | 16.1 bp −$16 | 18.3 bp −$183 | 37.4 bp −$3,735 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.13 bp | 8.2 bp −$8 | 14.3 bp −$143 | 58.4 bp −$5,836 | 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 | −0.607% | +0.0015% | 1h | $995 | $134K | 5.5x | as long as short |
| Bybit ONDOUSDTshort | −0.157% | +0.0100% | 4h | $69.6M | $119.1M | 50x | |
| OKX ONDO-USDT-SWAP | −0.135% | +0.0100% | 4h | $18.2M | $83.1M | 50x | as long as short |
| Gate ONDO_USDT | −0.112% | +0.0044% | 4h | $11.7M | $20.3M | 50x | as long as short |
| Extended ONDO-USD | −0.112% | +0.0104% | 1h | $375K | $1.1M | 25x | as long as short |
| Nado ONDO-PERP | −0.101% | +0.0100% | 1h | $430K | $569K | 10x | as long as short |
| GMX ONDO/USD [ETH-USDC] | −0.094% | L +0.0562% / S −0.0189% | 1h | $505K | — | 100x | as long as short |
| BingX ONDO-USDT | −0.090% | +0.0100% | 4h | — | $23.6M | — | as long as short |
| ApeX Omni ONDOUSDT | −0.090% | +0.0100% | 1h | $179K | $372K | 50x | as long as short |
| Orderly PERP_ONDO_USDC | −0.090% | +0.0093% | 4h | $24K | $9K | 10x | as long as short |
BloFin ONDO-USDT
Bybit ONDOUSDT
Injective
OKX
Gate
Extended
GMX
BingX
ApeX Omni
gTrade (Gains Network)
Binance
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Coinbase International
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