After costs, if the gap returns to its 7d average, $10k−$90
spread now−0.310%7d average+0.065%fees + slippage, in and out−$53spread needed0.529%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ONDOUSDC | 0.4413 | 0.0100 | pay 0.0050% / 4h | 37m 57s | $5K | $317K | 20x |
| Short | Kraken Futures PF_ONDOUSD | 0.4399 | 0.0837 | get 0.0105% / 1h | 37m 57s | $3.4M | $4.9M | 50x |
Kraken Futures PF_ONDOUSDPrice 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
- −$31.04
- Funding while held
- $22.12
- Slippage, 4 orders
- −$33.9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$61.82
- Spread needed to break even
- 0.529%
Slippage from edgeX: live order book, 12 min ago; Kraken Futures: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0737%
- Per $10,000 a day
- +$22.12
- 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, 12 min ago | 4.47 bp | 9.0 bp −$9 | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 9.05 bp | 20.2 bp −$20 | 31.8 bp −$318 | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Extended0.4386cheapestKuCoin0.4386+0.002%Bitget0.4386+0.002%MEXC0.4388+0.048%Phemex0.4388+0.048%Backpack0.4389+0.066%Bybit0.4389+0.070%Gate0.4389+0.070%BingX0.4389+0.070%Orderly0.4390+0.093%Aster0.4390+0.094%gTrade (Gains Network)0.4390+0.095%Nado0.4390+0.099%OKX0.4391+0.116%SunX0.4391+0.116%GMX0.4391+0.119%Hyperliquid0.4392+0.150%Binance0.4393+0.161%SoDEX0.4393+0.162%Deribit0.4393+0.162%Coinbase International0.4393+0.162%Aevo0.4394+0.177%Lighter0.4396+0.225%
Extended
KuCoin
Bitget
MEXC
Phemex
Backpack
Bybit
Gate
BingX
Orderly
Aster
gTrade (Gains Network)
Nado
OKX
SunX
GMX
Hyperliquid
Binance
SoDEX
Deribit
Coinbase International
Aevo
LighterKraken Futures0.4399+0.299%
Reya0.4399+0.299%dYdX0.4399+0.309%Paradex0.4400+0.311%HTX0.4400+0.321%RISEx0.4401+0.348%Phoenix0.4403+0.381%Polymarket Perps0.4403+0.385%BloFin0.4406+0.458%01 Exchange0.4408+0.508%Variational Omni0.4416+0.688%Injective0.4419+0.754%ApeX Omni0.4420+0.777%Ondo Perps0.4432+1.042%
Reya
dYdX
Paradex
HTX
RISEx
Phoenix
Polymarket Perps
BloFin
Variational Omni
Injective
ApeX Omni
Ondo PerpsONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended ONDO-USD | −0.607% | +0.0104% | 1h | $372K | $1.1M | 25x | as long as short |
| KuCoin ONDOUSDTM | −0.605% | +0.0100% | 4h | $13.7M | $10.4M | 50x | as long as short |
| Bitget ONDOUSDT | −0.605% | +0.0100% | 4h | $24.7M | $44.0M | 50x | as long as short |
| MEXC ONDO_USDT | −0.560% | +0.0100% | 4h | $46.2M | $45.2M | 200x | as long as short |
| Phemex ONDOUSDT | −0.560% | +0.0100% | 4h | $4.9M | $5.0M | 50x | as long as short |
| Backpack ONDO_USDC_PERP | −0.542% | +0.0100% | 1h | $275K | $791K | 15x | as long as short |
| Bybit ONDOUSDT | −0.537% | +0.0100% | 4h | $69.1M | $118.0M | 50x | as long as short |
| Gate ONDO_USDT | −0.537% | −0.0020% | 4h | $11.5M | $19.8M | 50x | as long as short |
| BingX ONDO-USDC | −0.537% | +0.0100% | 4h | — | $763K | — | as long as short |
| Orderly PERP_ONDO_USDC | −0.514% | +0.0093% | 4h | $24K | $6K | 10x | as long as short |