After costs, if the gap returns to its 7d average, $10k+$52
spread now+0.814%7d average−0.055%fees + slippage, in and out−$35spread needed0.347%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ONDOUSDC | 0.4480 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $4K | $316K | 20x |
| Short | Bybit ONDOUSDT | 0.4516 | 0.0100 | get 0.0050% / 4h | 1h 33m | $70.1M | $112.5M | 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
- $81.35
- Funding while held
- $0
- Slippage, 4 orders
- −$14.71
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $46.64
- Spread needed to break even
- 0.347%
Slippage from edgeX: live order book, 21 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 edgeX live order book, 21 min ago | 4.47 bp | 9.0 bp −$9 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.22 bp | 8.4 bp −$8 | 13.5 bp −$135 | 61.4 bp −$6,137 | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.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 | −0.504% | +0.0824% | 1h | $1K | $88K | 5.5x | as long as short |
| edgeX ONDOUSDClong | 0.000% | +0.0100% | 4h | $4K | $316K | 20x | |
| Phoenix ONDO | +0.197% | +0.0035% | 1h | $27K | $206K | 10x | as long as short |
| Variational Omni ONDO | +0.220% | +0.0100% | 4h | $904K | $2.0M | — | as long as short |
| ApeX Omni ONDOUSDT | +0.233% | +0.0100% | 1h | $182K | $340K | 50x | as long as short |
| Ondo Perps ONDO-USD.P | +0.450% | +0.0100% | 1h | $74K | $101K | 10x | as long as short |
| Orderly PERP_ONDO_USDC | +0.590% | +0.0094% | 4h | $25K | $6K | 10x | as long as short |
| Nado ONDO-PERP | +0.618% | +0.0100% | 1h | $452K | $517K | 10x | as long as short |
| SunX ONDO-USDT | +0.635% | +0.0100% | 4h | — | $1.3M | 20x | as long as short |
| SoDEX ONDO-USD | +0.635% | +0.0100% | 1h | $2K | $8K | 10x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit ONDO_USDC-PERPETUAL | +0.635% | 0.0000% | 1h | $36K | $237K | 25x | as long as short |
| Aevo ONDO-PERP | +0.646% | +0.0104% | 1h | $36K | — | 3x | as long as short |
| Reya ONDORUSDPERP | +0.661% | +0.1123% | 1h | $2K | — | 20x | as long as short |
| Phemex ONDOUSDT | +0.680% | +0.0100% | 4h | $4.9M | $4.7M | 50x | as long as short |
| BloFin ONDO-USDT | +0.680% | +0.0340% | 4h | $3.3M | $3.4M | 75x | as long as short |
| GMX ONDO/USD [ETH-USDC] | +0.686% | L +0.0573% / S −0.0190% | 1h | $514K | — | 100x | as long as short |
| RISEx ONDO/USDC | +0.689% | +0.0100% | 1h | — | — | 5x | as long as short |
| gTrade (Gains Network) ONDO/USD | +0.692% | L +0.0003% / S −0.0007% | 1h | $7K | — | 150x | as long as short |
| dYdX ONDO-USD | +0.716% | +0.4735% | 1h | $160K | $11K | 5x | as long as short |
| Polymarket Perps ONDO-USD | +0.744% | +0.0100% | 1h | $88K | $959K | 10x | as long as short |
| KuCoin ONDOUSDTM | +0.747% | +0.0100% | 4h | $14.2M | $10.2M | 50x | as long as short |
| Kraken Futures PF_ONDOUSD | +0.758% | +0.0900% | 1h | $3.5M | $4.9M | 50x | as long as short |
| Extended ONDO-USD | +0.762% | +0.0104% | 1h | $416K | $1.1M | 25x | as long as short |
| Coinbase International ONDO-PERP-INTX | +0.769% | +0.0488% | 1h | $354K | $811K | 50x | as long as short |
| Backpack ONDO_USDC_PERP | +0.796% | +0.0100% | 1h | $297K | $646K | 15x | as long as short |
| Binance ONDOUSDT | +0.809% | +0.0100% | 4h | $67.5M | $216.2M | 75x | as long as short |
| Bybit ONDOUSDTshort | +0.814% | +0.0100% | 4h | $70.1M | $112.5M | 50x | |
| Gate ONDO_USDT | +0.814% | −0.0088% | 4h | $11.9M | $19.3M | 50x | as long as short |
| Paradex ONDO-USD-PERP | +0.824% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Aster ONDOUSDT | +0.825% | +0.0100% | 4h | $699K | $1.5M | 20x | as long as short |
| BingX ONDO-USDC | +0.836% | +0.0100% | 4h | — | $766K | — | as long as short |
| OKX ONDO-USDT-SWAP | +0.858% | +0.0100% | 4h | $18.3M | $80.1M | 50x | as long as short |
| MEXC ONDO_USDT | +0.858% | +0.0100% | 4h | $49.4M | $44.3M | 200x | as long as short |
| Bitget ONDOUSDT | +0.858% | +0.0100% | 4h | $25.3M | $42.7M | 50x | as long as short |
| Hyperliquid ONDO | +0.878% | +0.0436% | 1h | $42.5M | $27.2M | 10x | as long as short |
| Lighter ONDO | +0.970% | +0.0520% | 1h | $1.2M | $1.9M | 10x | as long as short |
| HTX ONDO-USDT | +0.970% | +0.0100% | 4h | $129K | $617K | 50x | as long as short |
Bybit ONDOUSDT
Injective
Phoenix
Variational Omni
ApeX Omni
SunX
SoDEX
Deribit
Phemex
BloFin
GMX
RISEx
gTrade (Gains Network)
Polymarket Perps
KuCoin
Kraken Futures
Extended
Coinbase International
Backpack
Binance
Gate
Paradex
Aster
BingX
OKX
MEXC
Bitget
Hyperliquid
Lighter
HTX