After costs, if the gap returns to its 7d average, $10k−$33
spread now+0.023%7d average+0.004%fees + slippage, in and out−$35spread needed0.349%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONDOUSDT | 0.4405 | 0 | get 0.0000% / 4h | 2h 09m | $69.1M | $115.0M | 50x |
| Short | OKX ONDO-USDT-SWAP | 0.4406 | 0.0100 | get 0.0050% / 4h | 2h 09m | $17.4M | $79.8M | 50x |
Bybit ONDOUSDT
OKX ONDO-USDT-SWAPPrice 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
- $2.27
- Funding while held
- $3
- Slippage, 4 orders
- −$13.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$29.63
- Spread needed to break even
- 0.349%
Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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, 1 min ago | 1.13 bp | 8.6 bp −$9 | 13.7 bp −$137 | 58.4 bp −$5,837 | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.13 bp | 9.5 bp −$9 | 20.5 bp −$205 | 215.8 bp −$21.6K | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Gate0.4404cheapestNado0.4404cheapest
Gate
NadoBybit0.4405+0.023%
KuCoin0.4405+0.023%BingX0.4405+0.023%
KuCoin
BingXOKX0.4406+0.045%
Reya0.4406+0.056%MEXC0.4407+0.068%Bitget0.4407+0.068%SunX0.4407+0.068%GMX0.4407+0.077%Extended0.4407+0.079%Orderly0.4408+0.091%BloFin0.4408+0.091%gTrade (Gains Network)0.4408+0.093%Polymarket Perps0.4408+0.093%Aevo0.4409+0.109%SoDEX0.4409+0.114%Deribit0.4409+0.114%Hyperliquid0.4410+0.125%Aster0.4411+0.159%Phemex0.4411+0.159%Binance0.4411+0.168%Paradex0.4412+0.184%edgeX0.4413+0.196%dYdX0.4413+0.207%RISEx0.4413+0.213%Ondo Perps0.4414+0.220%Kraken Futures0.4414+0.228%01 Exchange0.4415+0.243%Backpack0.4416+0.268%Variational Omni0.4416+0.270%Lighter0.4416+0.284%HTX0.4420+0.363%ApeX Omni0.4424+0.454%Phoenix0.4425+0.481%Coinbase International0.4426+0.500%Injective0.4463+1.340%
Reya
MEXC
Bitget
SunX
GMX
Extended
Orderly
BloFin
gTrade (Gains Network)
Polymarket Perps
Aevo
SoDEX
Deribit
Hyperliquid
Aster
Phemex
Binance
Paradex
dYdX
RISEx
Ondo Perps
Kraken Futures
Backpack
Variational Omni
Lighter
HTX
ApeX Omni
Phoenix
Coinbase International
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ONDO_USDT | −0.023% | +0.0048% | 4h | $11.5M | $18.9M | 50x | as long as short |
| Nado ONDO-PERP | −0.023% | +0.0100% | 1h | $457K | $623K | 10x | as long as short |
| Bybit ONDOUSDTlong | 0.000% | 0.0000% | 4h | $69.1M | $115.0M | 50x | |
| KuCoin ONDOUSDTM | 0.000% | +0.0100% | 4h | $13.4M | $9.8M | 50x | as long as short |
| BingX ONDO-USDT | 0.000% | +0.0100% | 4h | — | $23.0M | — | as long as short |
| OKX ONDO-USDT-SWAPshort | +0.023% | +0.0100% | 4h | $17.4M | $79.8M | 50x | |
| Reya ONDORUSDPERP | +0.033% | +0.1131% | 1h | $2K | — | 20x | as long as short |
| MEXC ONDO_USDT | +0.045% | +0.0100% | 4h | $47.5M | $46.0M | 200x | as long as short |
| Bitget ONDOUSDT | +0.045% | +0.0100% | 4h | $24.9M | $42.4M | 50x | as long as short |
| SunX ONDO-USDT | +0.045% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |