After costs, if the gap returns to its 7d average, $10k−$109
spread now−0.330%7d average−0.211%fees + slippage, in and out−$97spread needed0.970%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ONDO-PERP-INTX | 0.4539 | 0.0488 | pay 0.0061% / 1h | 29m 07s | $356K | $815K | 50x |
| Short | KuCoin ONDOUSDTM | 0.4524 | 0.0100 | get 0.0050% / 4h | 1h 29m | $14.2M | $10.2M | 50x |
Coinbase International ONDO-PERP-INTX
KuCoin ONDOUSDTMPrice 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
- −$33.05
- Funding while held
- −$11.64
- Slippage, 4 orders
- −$75
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$141.69
- Spread needed to break even
- 0.970%
Slippage from Coinbase International: live order book, 26 min ago; KuCoin: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0388%
- Per $10,000 a day
- −$11.64
- 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, 26 min ago | 18.90 bp | 30.0 bp −$30 | 63.4 bp −$634 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.21 bp | 19.3 bp −$19 | 37.7 bp −$377 | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4457cheapestedgeX0.4512+1.245%OKX0.4520+1.414%Bybit0.4521+1.436%Gate0.4521+1.436%Variational Omni0.4521+1.446%MEXC0.4522+1.458%Bitget0.4522+1.458%BingX0.4522+1.458%Phemex0.4522+1.458%Extended0.4523+1.475%Ondo Perps0.4523+1.476%Paradex0.4524+1.500%Binance0.4524+1.501%Backpack0.4524+1.501%
Injective
OKX
Bybit
Gate
Variational Omni
MEXC
Bitget
BingX
Phemex
Extended
Ondo Perps
Paradex
Binance
BackpackKuCoin0.4524+1.503%
Phoenix0.4524+1.512%Orderly0.4525+1.526%SoDEX0.4525+1.526%GMX0.4526+1.545%Deribit0.4526+1.548%BloFin0.4526+1.548%gTrade (Gains Network)0.4526+1.549%Reya0.4526+1.550%Aevo0.4526+1.555%dYdX0.4527+1.562%RISEx0.4527+1.568%Nado0.4529+1.615%SunX0.4529+1.615%Hyperliquid0.4529+1.622%Aster0.4530+1.635%Polymarket Perps0.4530+1.636%Kraken Futures0.4532+1.685%Lighter0.4534+1.721%ApeX Omni0.4534+1.728%HTX0.4534+1.728%
Phoenix
Orderly
SoDEX
GMX
Deribit
BloFin
gTrade (Gains Network)
Reya
Aevo
dYdX
RISEx
Nado
SunX
Hyperliquid
Aster
Polymarket Perps
Kraken Futures
Lighter
ApeX Omni
HTXCoinbase International0.4539+1.840%
ONDO on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −1.807% | +0.0824% | 1h | $1K | $88K | 5.5x | as long as short |
| edgeX ONDOUSDC | −0.584% | +0.0100% | 4h | $4K | $317K | 20x | as long as short |
| OKX ONDO-USDT-SWAP | −0.419% | +0.0100% | 4h | $18.4M | $80.3M | 50x | as long as short |
| Bybit ONDOUSDT | −0.397% | +0.0100% | 4h | $70.2M | $112.7M | 50x | as long as short |
| Gate ONDO_USDT | −0.397% | −0.0074% | 4h | $11.9M | $19.4M | 50x | as long as short |
| Variational Omni ONDO | −0.387% | +0.0100% | 4h | $916K | $2.0M | — | as long as short |
| MEXC ONDO_USDT | −0.375% | +0.0100% | 4h | $49.6M | $44.6M | 200x | as long as short |
| Bitget ONDOUSDT | −0.375% | +0.0100% | 4h | $25.3M | $42.7M | 50x | as long as short |
| BingX ONDO-USDT | −0.375% | +0.0100% | 4h | — | $22.6M | — | as long as short |
| Phemex ONDOUSDT | −0.375% | +0.0100% | 4h | $4.9M | $4.7M | 50x | as long as short |