After costs, if the gap returns to its 7d average, $10k−$40
spread now−0.092%7d average−0.063%fees + slippage, in and out−$37spread needed0.367%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ONDO_USDC-PERPETUAL | 0.4445 | 0.0200 | pay 0.0025% / 1h | 19m 11s | $20K | $333K | 25x |
| Short | Extended ONDO-USD | 0.4441 | 0.0104 | get 0.0013% / 1h | 19m 11s | $374K | $962K | 25x |
Deribit ONDO_USDC-PERPETUAL
Extended ONDO-USDPrice 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
- −$9.19
- Funding while held
- −$2.88
- Slippage, 4 orders
- −$24.72
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$48.78
- Spread needed to break even
- 0.367%
Slippage from Deribit: live order book, 51 min ago; Extended: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0096%
- Per $10,000 a day
- −$2.88
- 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 Deribit live order book, 51 min ago | 6.70 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 10 min ago | 4.51 bp | 7.0 bp −$7 | 15.6 bp −$156 | 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%
dYdX
Variational Omni
OKXExtended0.4441+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%
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%Coinbase International0.4451+0.263%Lighter0.4451+0.266%Ondo Perps0.4454+0.340%Injective0.4463+0.534%
HTX
BloFin
Aevo
Polymarket Perps
Aster
Kraken Futures
Hyperliquid
ApeX Omni
Coinbase International
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 | −0.128% | +0.8829% | 1h | $251K | $116K | 5x | as long as short |
| Variational Omni ONDO | −0.115% | −0.0046% | 4h | $770K | $2.1M | — | as long as short |
| OKX ONDO-USDT-SWAP | −0.112% | +0.0100% | 4h | $17.6M | $80.3M | 50x | as long as short |
| Extended ONDO-USDshort | −0.092% | +0.0104% | 1h | $374K | $962K | 25x | |
| Bybit ONDOUSDT | −0.090% | +0.0012% | 4h | $69.8M | $114.8M | 50x | as long as short |
| Gate ONDO_USDT | −0.090% | +0.0060% | 4h | $11.7M | $18.8M | 50x | as long as short |
| Nado ONDO-PERP | −0.090% | +0.0100% | 1h | $459K | $621K | 10x | as long as short |
| SunX ONDO-USDT | −0.090% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
| Paradex ONDO-USD-PERP | −0.066% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Bitget ONDOUSDT | −0.045% | +0.0100% | 4h | $25.1M | $42.4M | 50x | as long as short |