After costs, if the gap returns to its 7d average, $10k−$48
spread now−0.042%7d average+0.072%fees + slippage, in and out−$36spread needed0.362%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ONDO-USDT | 0.4474 | 0.0340 | pay 0.0170% / 4h | 57m 23s | $3.4M | $3.3M | 75x |
| Short | Hyperliquid ONDO | 0.4472 | 0.0230 | get 0.0029% / 1h | 57m 23s | $41.7M | $28.0M | 10x |
BloFin ONDO-USDT
Hyperliquid 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
- −$4.25
- Funding while held
- −$3.29
- Slippage, 4 orders
- −$15.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$43.75
- Spread needed to break even
- 0.362%
Slippage from BloFin: live order book, 2 min ago; Hyperliquid: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0110%
- Per $10,000 a day
- −$3.29
- 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, 2 min ago | 1.12 bp | 7.1 bp −$7 | 11.5 bp −$115 | 39.9 bp −$3,988 | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.00 bp | 8.7 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.4464cheapestOKX0.4464cheapestReya0.4464+0.006%Bitget0.4465+0.022%BingX0.4465+0.022%Orderly0.4465+0.022%Nado0.4466+0.034%Gate0.4466+0.045%Extended0.4466+0.055%Binance0.4467+0.060%gTrade (Gains Network)0.4467+0.065%MEXC0.4467+0.067%ApeX Omni0.4467+0.067%GMX0.4467+0.071%Polymarket Perps0.4467+0.076%Aevo0.4468+0.080%RISEx0.4468+0.097%edgeX0.4469+0.102%01 Exchange0.4470+0.128%Paradex0.4470+0.131%KuCoin0.4470+0.134%Ondo Perps0.4471+0.150%Aster0.4471+0.168%Variational Omni0.4472+0.175%
Bybit
OKX
Reya
Bitget
BingX
Orderly
Nado
Gate
Extended
Binance
gTrade (Gains Network)
MEXC
ApeX Omni
GMX
Polymarket Perps
Aevo
RISEx
Paradex
KuCoin
Ondo Perps
Aster
Variational OmniHyperliquid0.4472+0.181%
BloFin0.4474+0.224%
Injective0.4476+0.269%Phemex0.4476+0.269%dYdX0.4476+0.277%SoDEX0.4477+0.291%SunX0.4478+0.314%Deribit0.4478+0.314%Backpack0.4479+0.325%Lighter0.4479+0.329%Phoenix0.4480+0.363%Kraken Futures0.4484+0.445%Coinbase International0.4489+0.560%HTX0.4491+0.605%
Injective
Phemex
dYdX
SoDEX
SunX
Deribit
Backpack
Lighter
Phoenix
Kraken Futures
Coinbase International
HTXONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.224% | +0.0100% | 4h | $69.9M | $115.0M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.224% | +0.0100% | 4h | $18.4M | $80.8M | 50x | as long as short |
| Reya ONDORUSDPERP | −0.217% | +0.1125% | 1h | $2K | — | 20x | as long as short |
| Bitget ONDOUSDT | −0.201% | +0.0100% | 4h | $25.1M | $43.0M | 50x | as long as short |
| BingX ONDO-USDC | −0.201% | +0.0100% | 4h | — | $764K | — | as long as short |
| Orderly PERP_ONDO_USDC | −0.201% | +0.0094% | 4h | $25K | $6K | 10x | as long as short |
| Nado ONDO-PERP | −0.190% | +0.0100% | 1h | $441K | $527K | 10x | as long as short |
| Gate ONDO_USDT | −0.179% | −0.0034% | 4h | $11.7M | $19.4M | 50x | as long as short |
| Extended ONDO-USD | −0.169% | +0.0104% | 1h | $391K | $1.1M | 25x | as long as short |
| Binance ONDOUSDT | −0.163% | +0.0100% | 4h | $67.1M | $220.2M | 75x | as long as short |