After costs, if the gap returns to its 7d average, $10k−$45
spread now+0.051%7d average+0.068%fees + slippage, in and out−$43spread needed0.434%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ONDOUSDC | 0.4447 | 0.0100 | pay 0.0050% / 4h | 2m 59s | $5K | $319K | 20x |
| Short | Phoenix ONDO | 0.4449 | 0.0036 | get 0.0004% / 1h | 2m 59s | $28K | $224K | 10x |
Phoenix ONDOPrice 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
- $5.05
- Funding while held
- −$1.93
- Slippage, 4 orders
- −$27.4
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$40.28
- Spread needed to break even
- 0.434%
Slippage from edgeX: live order book, 47 min ago; Phoenix: live order book, 36 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0064%
- Per $10,000 a day
- −$1.93
- 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, 47 min ago | 4.47 bp | 9.0 bp −$9 | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 36 min ago | 0.91 bp | 12.7 bp −$13 | 43.9 bp −$439 | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4419cheapestBybit0.4438+0.430%Gate0.4438+0.430%OKX0.4440+0.475%BingX0.4440+0.475%SoDEX0.4440+0.475%KuCoin0.4441+0.498%Phemex0.4441+0.498%Nado0.4441+0.509%GMX0.4442+0.517%ApeX Omni0.4442+0.520%Orderly0.4442+0.520%Extended0.4442+0.523%Aevo0.4442+0.528%Binance0.4443+0.537%gTrade (Gains Network)0.4443+0.540%MEXC0.4443+0.543%Bitget0.4443+0.543%Coinbase International0.4443+0.543%Backpack0.4443+0.545%Reya0.4444+0.564%Aster0.4444+0.566%Variational Omni0.4444+0.573%SunX0.4445+0.588%Deribit0.4445+0.588%BloFin0.4445+0.588%Paradex0.4446+0.622%Hyperliquid0.4447+0.629%RISEx0.4448+0.646%Kraken Futures0.4448+0.664%Polymarket Perps0.4448+0.665%dYdX0.4449+0.678%
Injective
Bybit
Gate
OKX
BingX
SoDEX
KuCoin
Phemex
Nado
GMX
ApeX Omni
Orderly
Extended
Aevo
Binance
gTrade (Gains Network)
MEXC
Bitget
Coinbase International
Backpack
Reya
Aster
Variational Omni
SunX
Deribit
BloFin
Paradex
Hyperliquid
RISEx
Kraken Futures
Polymarket Perps
dYdXPhoenix0.4449+0.679%
Lighter0.4450+0.708%01 Exchange0.4452+0.738%Ondo Perps0.4453+0.763%HTX0.4453+0.769%
Lighter
Ondo Perps
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 | −0.624% | +0.0015% | 1h | $995 | $134K | 5.5x | as long as short |
| Bybit ONDOUSDT | −0.197% | +0.0100% | 4h | $69.7M | $119.1M | 50x | as long as short |
| Gate ONDO_USDT | −0.197% | +0.0044% | 4h | $11.7M | $20.3M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.152% | +0.0100% | 4h | $18.2M | $83.1M | 50x | as long as short |
| BingX ONDO-USDC | −0.152% | +0.0100% | 4h | — | $763K | — | as long as short |
| SoDEX ONDO-USD | −0.152% | +0.0100% | 1h | $461 | $15K | 10x | as long as short |
| KuCoin ONDOUSDTM | −0.129% | +0.0100% | 4h | $13.6M | $10.6M | 50x | as long as short |
| Phemex ONDOUSDT | −0.129% | +0.0100% | 4h | $5.0M | $5.3M | 50x | as long as short |
| Nado ONDO-PERP | −0.118% | +0.0100% | 1h | $430K | $569K | 10x | as long as short |
| GMX ONDO/USD [ETH-USDC] | −0.111% | L +0.0562% / S −0.0189% | 1h | $505K | — | 100x | as long as short |