After costs, if the gap returns to its 7d average, $10k−$66
spread now−0.045%7d average−0.236%fees + slippage, in and out−$85spread needed0.848%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ONDO-PERP-INTX | 0.4491 | 0.0464 | pay 0.0058% / 1h | 49m 00s | $353K | $836K | 50x |
| Short | Phemex ONDOUSDT | 0.4489 | −0.0161 | pay 0.0080% / 4h | 3h 49m | $5.0M | $5.3M | 50x |
Price 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
- −$4.45
- Funding while held
- −$18.74
- Slippage, 4 orders
- −$62.78
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$107.97
- Spread needed to break even
- 0.848%
Slippage from Coinbase International: live order book, 61 min ago; Phemex: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0625%
- Per $10,000 a day
- −$18.74
- 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, 61 min ago | 10.04 bp | 19.1 bp −$19 | 51.8 bp −$518 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 8.98 bp | 20.6 bp −$21 | 31.1 bp −$311 | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.ONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −1.024% | +0.1162% | 1h | $1K | $85K | 5.5x | as long as short |
| ApeX Omni ONDOUSDT | −1.002% | +0.0100% | 1h | $180K | $386K | 50x | as long as short |
| edgeX ONDOUSDC | −0.946% | +0.0100% | 4h | $5K | $318K | 20x | as long as short |
| Variational Omni ONDO | −0.737% | +0.0088% | 4h | $928K | $2.0M | — | as long as short |
| Phoenix ONDO | −0.410% | +0.0162% | 1h | $28K | $244K | 10x | as long as short |
| Bybit ONDOUSDT | −0.156% | −0.0868% | 4h | $70.3M | $118.1M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.134% | +0.0100% | 4h | $18.4M | $83.3M | 50x | as long as short |
| Gate ONDO_USDT | −0.067% | −0.0454% | 4h | $11.8M | $18.8M | 50x | as long as short |
| Extended ONDO-USD | −0.045% | +0.0104% | 1h | $379K | $1.1M | 25x | as long as short |
| Binance ONDOUSDT | −0.045% | +0.0100% | 4h | $67.7M | $228.5M | 75x | as long as short |
Coinbase International ONDO-PERP-INTX
Phemex ONDOUSDT
Injective
ApeX Omni
Variational Omni
Phoenix
Bybit
OKX
Gate
Extended
Binance
BloFin
Bitget
BingX
MEXC
Aster
SoDEX
KuCoin
Backpack
Hyperliquid
Kraken Futures
SunX
Paradex
gTrade (Gains Network)
Lighter
GMX
Deribit
Polymarket Perps
RISEx
HTX