Spread before costs (cost unknown: a leg has no order-book sample)+0.091%
7d average—if it closes, per $10,000$9funding while held, a day−$5.91
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ONDO_USDC-PERPETUAL | 0.4412 | 0.0204 | pay 0.0025% / 1h | 10m 20s | $20K | $333K | 25x |
| Short | gTrade (Gains Network) ONDO/USD | 0.4416 | L +0.0003% / S −0.0007% | get 0.0001% / 1h | 10m 20s | $7K | — | 150x |
Deribit ONDO_USDC-PERPETUAL
gTrade (Gains Network) 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
- $9.07
- Funding while held
- −$5.91
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$13.84
- Spread needed to break even
- 0.170%
Slippage unknown: Deribit: live order book, 60 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0197%
- Per $10,000 a day
- −$5.91
- 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, 60 min ago | 6.70 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.Nado0.4405cheapestExtended0.4410+0.108%SoDEX0.4410+0.114%MEXC0.4411+0.136%Phemex0.4411+0.136%Paradex0.4411+0.138%Gate0.4412+0.159%Aevo0.4412+0.159%
Nado
Extended
SoDEX
MEXC
Phemex
Paradex
Gate
AevoDeribit0.4412+0.159%
RISEx0.4412+0.165%Backpack0.4412+0.166%dYdX0.4413+0.182%Bybit0.4413+0.182%KuCoin0.4413+0.182%Ondo Perps0.4414+0.198%OKX0.4414+0.204%Polymarket Perps0.4414+0.204%Aster0.4414+0.207%01 Exchange0.4414+0.209%Bitget0.4415+0.227%Binance0.4415+0.229%Kraken Futures0.4415+0.236%GMX0.4416+0.239%Variational Omni0.4416+0.247%BingX0.4416+0.250%
RISEx
Backpack
dYdX
Bybit
KuCoin
Ondo Perps
OKX
Polymarket Perps
Aster
Bitget
Binance
Kraken Futures
GMX
Variational Omni
BingXgTrade (Gains Network)0.4416+0.250%
Orderly0.4416+0.250%BloFin0.4416+0.250%Hyperliquid0.4417+0.263%Reya0.4417+0.266%SunX0.4418+0.295%HTX0.4420+0.341%Lighter0.4422+0.393%ApeX Omni0.4424+0.431%Phoenix0.4425+0.459%Coinbase International0.4426+0.477%edgeX0.4436+0.698%Injective0.4463+1.317%
Orderly
BloFin
Hyperliquid
Reya
SunX
HTX
Lighter
ApeX Omni
Phoenix
Coinbase International
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado ONDO-PERP | −0.159% | +0.0100% | 1h | $455K | $621K | 10x | as long as short |
| Extended ONDO-USD | −0.050% | +0.0104% | 1h | $372K | $947K | 25x | as long as short |
| SoDEX ONDO-USD | −0.045% | +0.0100% | 1h | $458 | $14K | 10x | as long as short |
| MEXC ONDO_USDT | −0.023% | +0.0100% | 4h | $47.4M | $46.0M | 200x | as long as short |
| Phemex ONDOUSDT | −0.023% | +0.0100% | 4h | $4.9M | $5.5M | 50x | as long as short |
| Paradex ONDO-USD-PERP | −0.021% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Gate ONDO_USDT | 0.000% | +0.0054% | 4h | $11.5M | $18.9M | 50x | as long as short |
| Aevo ONDO-PERP | 0.000% | +0.0104% | 1h | $35K | — | 3x | as long as short |
| Deribit ONDO_USDC-PERPETUALlong | 0.000% | +0.0204% | 1h | $20K | $333K | 25x | |
| RISEx ONDO/USDC | +0.007% | +0.0100% | 1h | — | — | 5x | as long as short |