After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.093%7d average−0.012%fees + slippage, in and out−$29spread needed0.288%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONDOUSDT | 0.4438 | 0.0100 | pay 0.0050% / 4h | 3m 01s | $69.7M | $119.1M | 50x |
| Short | Extended ONDO-USD | 0.4442 | 0.0104 | get 0.0013% / 1h | 3m 01s | $375K | $1.1M | 25x |
Bybit ONDOUSDT
Extended ONDO-USDPrice 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
- $9.28
- Funding while held
- $0.12
- Slippage, 4 orders
- −$12.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$19.43
- Spread needed to break even
- 0.288%
Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 2 min ago.
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, 2 min ago | 1.13 bp | 8.7 bp −$9 | 13.7 bp −$137 | 54.7 bp −$5,468 | doesn't fit |
| Sell Extended live order book, 2 min ago | 3.37 bp | 5.9 bp −$6 | 15.0 bp −$150 | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4419cheapest
InjectiveBybit0.4438+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%
Gate
OKX
BingX
SoDEX
KuCoin
Phemex
Nado
GMX
ApeX Omni
OrderlyExtended0.4442+0.523%
Aevo0.4442+0.528%Binance0.4443+0.537%gTrade (Gains Network)0.4443+0.540%MEXC0.4443+0.543%Bitget0.4443+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%Paradex0.4446+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%
Aevo
Binance
gTrade (Gains Network)
MEXC
Bitget
Coinbase International
Backpack
Reya
Aster
Variational Omni
SunX
Deribit
BloFin
Paradex
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 | −0.428% | +0.0015% | 1h | $995 | $134K | 5.5x | as long as short |
| Bybit ONDOUSDTlong | 0.000% | +0.0100% | 4h | $69.7M | $119.1M | 50x | |
| Gate ONDO_USDT | 0.000% | +0.0044% | 4h | $11.7M | $20.3M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | +0.045% | +0.0100% | 4h | $18.2M | $83.1M | 50x | as long as short |
| BingX ONDO-USDC | +0.045% | +0.0100% | 4h | — | $763K | — | as long as short |
| SoDEX ONDO-USD | +0.045% | +0.0100% | 1h | $461 | $15K | 10x | as long as short |
| KuCoin ONDOUSDTM | +0.068% | +0.0100% | 4h | $13.6M | $10.6M | 50x | as long as short |
| Phemex ONDOUSDT | +0.068% | +0.0100% | 4h | $5.0M | $5.3M | 50x | as long as short |
| Nado ONDO-PERP | +0.079% | +0.0100% | 1h | $430K | $569K | 10x | as long as short |
| GMX ONDO/USD [ETH-USDC] | +0.086% | L +0.0562% / S −0.0189% | 1h | $505K | — | 100x | as long as short |