Spread before costs (cost unknown: a leg has no order-book sample)+0.969%
7d average+0.011%if it closes, per $10,000$97funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONDOUSDT | 0.4405 | 0.0100 | pay 0.0050% / 4h | 41m 20s | $69.4M | $116.9M | 50x |
| Short | Ondo Perps ONDO-USD.P | 0.4448 | 0.0100 | get 0.0013% / 1h | 41m 20s | $74K | $93K | 10x |
Bybit ONDOUSDT
Ondo Perps ONDO-USD.PPrice 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
- $96.94
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $80.94
- Spread needed to break even
- 0.160%
Slippage unknown: Bybit: live order book, 4 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 4 min ago | 1.13 bp | 6.6 bp −$7 | 14.3 bp −$143 | 62.4 bp −$6,237 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.Bybit0.4405cheapest
OKX0.4405cheapestMEXC0.4405cheapestBingX0.4405cheapestOrderly0.4405cheapestGMX0.4405+0.001%Gate0.4406+0.023%KuCoin0.4406+0.023%SoDEX0.4406+0.023%Reya0.4406+0.024%gTrade (Gains Network)0.4407+0.034%Binance0.4407+0.037%Bitget0.4407+0.045%Aevo0.4410+0.114%Hyperliquid0.4411+0.148%Extended0.4416+0.256%Paradex0.4417+0.266%Aster0.4417+0.272%Polymarket Perps0.4417+0.277%Nado0.4417+0.284%Phemex0.4418+0.295%BloFin0.4418+0.295%RISEx0.4418+0.296%SunX0.4419+0.318%Deribit0.4419+0.318%Coinbase International0.4419+0.318%Backpack0.4420+0.341%ApeX Omni0.4420+0.341%Phoenix0.4420+0.343%dYdX0.4423+0.399%edgeX0.4424+0.422%Kraken Futures0.4424+0.437%01 Exchange0.4426+0.477%Lighter0.4429+0.547%HTX0.4430+0.568%
OKX
MEXC
BingX
Orderly
GMX
Gate
KuCoin
SoDEX
Reya
gTrade (Gains Network)
Binance
Bitget
Aevo
Hyperliquid
Extended
Paradex
Aster
Polymarket Perps
Nado
Phemex
BloFin
RISEx
SunX
Deribit
Coinbase International
Backpack
ApeX Omni
Phoenix
dYdX
Kraken Futures
Lighter
HTXOndo Perps0.4448+0.969%
Variational Omni0.4468+1.430%Injective0.4476+1.612%
Variational Omni
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDTlong | 0.000% | +0.0100% | 4h | $69.4M | $116.9M | 50x | |
| OKX ONDO-USDT-SWAP | 0.000% | +0.0100% | 4h | $18.2M | $80.8M | 50x | as long as short |
| MEXC ONDO_USDT | 0.000% | +0.0100% | 4h | $47.4M | $44.9M | 200x | as long as short |
| BingX ONDO-USDC | 0.000% | +0.0100% | 4h | — | $764K | — | as long as short |
| Orderly PERP_ONDO_USDC | 0.000% | +0.0093% | 4h | $24K | $6K | 10x | as long as short |
| GMX ONDO/USD [ETH-USDC] | +0.001% | L +0.0563% / S −0.0190% | 1h | $502K | — | 100x | as long as short |
| Gate ONDO_USDT | +0.023% | −0.0016% | 4h | $11.6M | $19.7M | 50x | as long as short |
| KuCoin ONDOUSDTM | +0.023% | +0.0100% | 4h | $13.7M | $10.4M | 50x | as long as short |
| SoDEX ONDO-USD | +0.023% | +0.0100% | 1h | $2K | $8K | 10x | as long as short |
| Reya ONDORUSDPERP | +0.024% | +0.1125% | 1h | $2K | — | 20x | as long as short |