Spread before costs (cost unknown: a leg has no order-book sample)+0.007%
7d average−0.022%if it closes, per $10,000$1funding while held, a day−$0.35
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ONDO_USDC-PERPETUAL | 0.4439 | 0.0201 | pay 0.0025% / 1h | 59m 56s | $36K | $242K | 25x |
| Short | GMX ONDO/USD [ETH-USDC] | 0.4439 | L +0.0562% / S −0.0189% | get 0.0024% / 1h | 59m 56s | $505K | — | 100x |
Deribit ONDO_USDC-PERPETUAL
GMX ONDO/USD [ETH-USDC]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
- $0.72
- Funding while held
- −$0.35
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$18.63
- Spread needed to break even
- 0.190%
Slippage unknown: Deribit: live order book, 15 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0012%
- Per $10,000 a day
- −$0.35
- 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, 15 min ago | 6.76 bp | 10.3 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.Injective0.4419cheapestBybit0.4432+0.294%OKX0.4432+0.294%Extended0.4433+0.326%Gate0.4435+0.362%BingX0.4435+0.362%Bitget0.4436+0.385%Phemex0.4436+0.385%Binance0.4437+0.407%MEXC0.4437+0.407%KuCoin0.4437+0.407%Ondo Perps0.4437+0.414%Variational Omni0.4438+0.419%Orderly0.4438+0.430%SoDEX0.4438+0.430%Backpack0.4438+0.432%
Injective
Bybit
OKX
Extended
Gate
BingX
Bitget
Phemex
Binance
MEXC
KuCoin
Ondo Perps
Variational Omni
Orderly
SoDEX
BackpackDeribit0.4439+0.453%
GMX0.4439+0.460%
Nado0.4439+0.461%Reya0.4440+0.467%gTrade (Gains Network)0.4440+0.472%Aster0.4440+0.475%SunX0.4440+0.475%Aevo0.4441+0.492%Paradex0.4442+0.517%Hyperliquid0.4442+0.518%RISEx0.4442+0.522%Polymarket Perps0.4444+0.561%dYdX0.4444+0.566%Kraken Futures0.4444+0.575%BloFin0.4445+0.588%Lighter0.4446+0.606%01 Exchange0.4446+0.611%ApeX Omni0.4446+0.611%Phoenix0.4447+0.625%edgeX0.4447+0.628%Coinbase International0.4451+0.724%HTX0.4456+0.837%
Nado
Reya
gTrade (Gains Network)
Aster
SunX
Aevo
Paradex
Hyperliquid
RISEx
Polymarket Perps
dYdX
Kraken Futures
BloFin
Lighter
ApeX Omni
Phoenix
Coinbase International
HTXONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −0.451% | +0.0015% | 1h | $995 | $134K | 5.5x | as long as short |
| Bybit ONDOUSDT | −0.158% | +0.0100% | 4h | $69.6M | $118.8M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.158% | +0.0100% | 4h | $18.2M | $82.6M | 50x | as long as short |
| Extended ONDO-USD | −0.126% | +0.0104% | 1h | $375K | $1.1M | 25x | as long as short |
| Gate ONDO_USDT | −0.090% | +0.0054% | 4h | $11.7M | $20.3M | 50x | as long as short |
| BingX ONDO-USDT | −0.090% | +0.0100% | 4h | — | $23.6M | — | as long as short |
| Bitget ONDOUSDT | −0.068% | +0.0100% | 4h | $25.2M | $44.2M | 50x | as long as short |
| Phemex ONDOUSDT | −0.068% | +0.0100% | 4h | $5.0M | $5.3M | 50x | as long as short |
| Binance ONDOUSDT | −0.045% | +0.0100% | 4h | $66.9M | $229.2M | 75x | as long as short |
| MEXC ONDO_USDT | −0.045% | +0.0100% | 4h | $48.9M | $47.0M | 200x | as long as short |