After costs, if the gap returns to its 7d average, $10k−$45
spread now−0.119%7d average−0.043%fees + slippage, in and out−$38spread needed0.378%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ONDO-USDT | 0.4407 | 0.0340 | pay 0.0170% / 4h | 1h 11m | $3.2M | $3.2M | 75x |
| Short | Nado ONDO-PERP | 0.4402 | 0.0100 | get 0.0012% / 1h | 11m 14s | $460K | $628K | 10x |
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
- −$11.91
- Funding while held
- −$7.2
- Slippage, 4 orders
- −$18.84
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$56.96
- Spread needed to break even
- 0.378%
Slippage from BloFin: live order book, 3 min ago; Nado: live order book, 23 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, 3 min ago | 3.41 bp | 11.4 bp −$11 | 13.3 bp −$133 | 31.4 bp −$3,138 | doesn't fit |
| Sell Nado live order book, 23 min ago | 0.80 bp | 7.0 bp −$7 | 16.5 bp −$165 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ONDOUSDT | −0.250% | +0.0100% | 1h | $155K | $346K | 50x | as long as short |
| Variational Omni ONDO | −0.189% | +0.0100% | 4h | $761K | $2.1M | — | as long as short |
| dYdX ONDO-USD | −0.154% | +0.9489% | 1h | $249K | $116K | 5x | as long as short |
| edgeX ONDOUSDC | −0.144% | +0.0100% | 4h | $4K | $318K | 20x | as long as short |
| Bybit ONDOUSDT | −0.136% | +0.0100% | 4h | $68.9M | $114.5M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.136% | +0.0100% | 4h | $17.2M | $79.4M | 50x | as long as short |
| Kraken Futures PF_ONDOUSD | −0.132% | +0.0576% | 1h | $2.9M | $6.0M | 50x | as long as short |
| Nado ONDO-PERPshort | −0.119% | +0.0100% | 1h | $460K | $628K | 10x | |
| Gate ONDO_USDT | −0.113% | +0.0100% | 4h | $11.6M | $19.1M | 50x | as long as short |
| KuCoin ONDOUSDTM | −0.113% | +0.0100% | 4h | $13.3M | $9.8M | 50x | as long as short |
BloFin ONDO-USDT
ApeX Omni
Variational Omni
Bybit
OKX
Kraken Futures
Gate
KuCoin
gTrade (Gains Network)
BingX
Paradex
Extended
RISEx
Backpack
SoDEX
GMX
Phoenix
Binance
MEXC
Bitget
Polymarket Perps
Deribit
Phemex
Aster
SunX
Coinbase International
Hyperliquid
Lighter
HTX
Injective