After costs, if the gap returns to its 7d average, $10k−$60
spread now−0.135%7d average−0.220%fees + slippage, in and out−$68spread needed0.683%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ONDO-PERP-INTX | 0.4451 | 0.0560 | pay 0.0070% / 1h | 19m 15s | $348K | $787K | 50x |
| Short | Deribit ONDO_USDC-PERPETUAL | 0.4445 | 0.0200 | get 0.0025% / 1h | 19m 15s | $20K | $333K | 25x |
Coinbase International ONDO-PERP-INTX
Deribit ONDO_USDC-PERPETUALPrice 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
- −$13.48
- Funding while held
- −$10.8
- Slippage, 4 orders
- −$51.26
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$92.54
- Spread needed to break even
- 0.683%
Slippage from Coinbase International: live order book, 21 min ago; Deribit: live order book, 51 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0360%
- Per $10,000 a day
- −$10.80
- 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 Coinbase International live order book, 21 min ago | 12.39 bp | 24.0 bp −$24 | 44.0 bp −$440 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 51 min ago | 6.70 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.dYdX0.4439cheapestVariational Omni0.4440+0.013%OKX0.4440+0.016%Extended0.4441+0.036%Bybit0.4441+0.038%Gate0.4441+0.038%Nado0.4441+0.038%SunX0.4441+0.038%Paradex0.4442+0.062%Bitget0.4443+0.083%BingX0.4443+0.083%SoDEX0.4443+0.083%Phemex0.4443+0.083%RISEx0.4443+0.085%GMX0.4444+0.100%Binance0.4444+0.104%MEXC0.4444+0.106%KuCoin0.4444+0.106%Orderly0.4444+0.106%Reya0.4444+0.107%Phoenix0.4444+0.108%gTrade (Gains Network)0.4444+0.109%Backpack0.4445+0.117%
dYdX
Variational Omni
OKX
Extended
Bybit
Gate
Nado
SunX
Paradex
Bitget
BingX
SoDEX
Phemex
RISEx
GMX
Binance
MEXC
KuCoin
Orderly
Reya
Phoenix
gTrade (Gains Network)
BackpackDeribit0.4445+0.128%
HTX0.4445+0.128%BloFin0.4445+0.128%Aevo0.4446+0.154%01 Exchange0.4446+0.155%Polymarket Perps0.4446+0.155%Aster0.4447+0.173%edgeX0.4447+0.179%Kraken Futures0.4448+0.191%Hyperliquid0.4448+0.196%ApeX Omni0.4449+0.218%
HTX
BloFin
Aevo
Polymarket Perps
Aster
Kraken Futures
Hyperliquid
ApeX OmniCoinbase International0.4451+0.263%
Lighter0.4451+0.266%Ondo Perps0.4454+0.340%Injective0.4463+0.534%
Lighter
Ondo Perps
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX ONDO-USD | −0.263% | +0.8829% | 1h | $251K | $116K | 5x | as long as short |
| Variational Omni ONDO | −0.250% | −0.0046% | 4h | $770K | $2.1M | — | as long as short |
| OKX ONDO-USDT-SWAP | −0.247% | +0.0100% | 4h | $17.6M | $80.3M | 50x | as long as short |
| Extended ONDO-USD | −0.227% | +0.0104% | 1h | $374K | $962K | 25x | as long as short |
| Bybit ONDOUSDT | −0.225% | +0.0012% | 4h | $69.8M | $114.8M | 50x | as long as short |
| Gate ONDO_USDT | −0.225% | +0.0060% | 4h | $11.7M | $18.8M | 50x | as long as short |
| Nado ONDO-PERP | −0.225% | +0.0100% | 1h | $459K | $621K | 10x | as long as short |
| SunX ONDO-USDT | −0.225% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
| Paradex ONDO-USD-PERP | −0.200% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Bitget ONDOUSDT | −0.180% | +0.0100% | 4h | $25.1M | $42.4M | 50x | as long as short |