Spread before costs (cost unknown: a leg has no order-book sample)+0.114%
7d average—if it closes, per $10,000$11funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONDOUSDT | 0.4402 | 0.0100 | pay 0.0050% / 4h | 1h 27m | $69.1M | $115.1M | 50x |
| Short | Aevo ONDO-PERP | 0.4407 | 0.0104 | get 0.0013% / 1h | 27m 38s | $35K | — | 3x |
Bybit ONDOUSDT
Aevo ONDO-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
- $11.36
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$15.52
- Spread needed to break even
- 0.270%
Slippage unknown: Bybit: live order book, 3 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Bybit live order book, 3 min ago | 1.14 bp | 8.9 bp −$9 | 14.6 bp −$146 | 59.4 bp −$5,942 | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.ApeX Omni0.4401cheapestParadex0.4402+0.018%Ondo Perps0.4402+0.020%
ApeX Omni
Paradex
Ondo PerpsBybit0.4402+0.023%
OKX0.4402+0.023%Gate0.4402+0.023%BingX0.4402+0.023%Phemex0.4402+0.023%Extended0.4403+0.039%KuCoin0.4403+0.045%Bitget0.4403+0.045%MEXC0.4404+0.068%SoDEX0.4404+0.068%Variational Omni0.4405+0.084%Phoenix0.4405+0.084%dYdX0.4405+0.094%Nado0.4405+0.097%Kraken Futures0.4406+0.103%Binance0.4406+0.103%Orderly0.4406+0.114%Deribit0.4406+0.114%BloFin0.4406+0.114%Backpack0.4406+0.125%Reya0.4407+0.133%Hyperliquid0.4407+0.136%
OKX
Gate
BingX
Phemex
Extended
KuCoin
Bitget
MEXC
SoDEX
Variational Omni
Phoenix
dYdX
Nado
Kraken Futures
Binance
Orderly
Deribit
BloFin
Backpack
Reya
HyperliquidAevo0.4407+0.136%
edgeX0.4408+0.151%Polymarket Perps0.4408+0.152%RISEx0.4408+0.154%Aster0.4409+0.173%GMX0.4409+0.193%gTrade (Gains Network)0.4410+0.195%SunX0.4410+0.204%01 Exchange0.4410+0.216%Lighter0.4413+0.273%Coinbase International0.4414+0.295%HTX0.4417+0.364%Injective0.4463+1.409%
Polymarket Perps
RISEx
Aster
GMX
gTrade (Gains Network)
SunX
Lighter
Coinbase International
HTX
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ONDOUSDT | −0.023% | +0.0100% | 1h | $155K | $346K | 50x | as long as short |
| Paradex ONDO-USD-PERP | −0.004% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Ondo Perps ONDO-USD.P | −0.002% | +0.0100% | 1h | $72K | $90K | 10x | as long as short |
| Bybit ONDOUSDTlong | 0.000% | +0.0100% | 4h | $69.1M | $115.1M | 50x | |
| OKX ONDO-USDT-SWAP | 0.000% | +0.0100% | 4h | $17.3M | $79.7M | 50x | as long as short |
| Gate ONDO_USDT | 0.000% | +0.0100% | 4h | $11.6M | $19.0M | 50x | as long as short |
| BingX ONDO-USDT | 0.000% | +0.0100% | 4h | — | $23.1M | — | as long as short |
| Phemex ONDOUSDT | 0.000% | +0.0100% | 4h | $4.9M | $5.6M | 50x | as long as short |
| Extended ONDO-USD | +0.017% | +0.0104% | 1h | $372K | $933K | 25x | as long as short |
| KuCoin ONDOUSDTM | +0.023% | +0.0100% | 4h | $13.4M | $9.8M | 50x | as long as short |