Spread before costs (cost unknown: a leg has no order-book sample)−0.017%
7d average—if it closes, per $10,000$2funding while held, a day+$2.90
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ONDO/USD | 0.4416 | L +0.0003% / S −0.0007% | pay 0.0000% / 1h | 47m 53s | $7K | — | 150x |
| Short | Nado ONDO-PERP | 0.4415 | 0.0100 | get 0.0012% / 1h | 47m 53s | $462K | $629K | 10x |
gTrade (Gains Network) ONDO/USD
Nado ONDO-PERPPrice 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
- −$1.7
- Funding while held
- $2.9
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$15.8
- Spread needed to break even
- 0.170%
Slippage unknown: gTrade (Gains Network): no order-book sample; Nado: live order book, 52 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0097%
- Per $10,000 a day
- +$2.90
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 52 min ago | 1.12 bp | 9.9 bp −$10 | 26.5 bp −$265 | doesn't fit | doesn't fit |
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.edgeX0.4411cheapestVariational Omni0.4413+0.027%OKX0.4413+0.036%Gate0.4413+0.036%Bybit0.4414+0.059%BingX0.4414+0.059%Extended0.4414+0.068%Paradex0.4415+0.076%dYdX0.4415+0.081%ApeX Omni0.4415+0.081%Orderly0.4415+0.081%BloFin0.4415+0.081%RISEx0.4415+0.087%
Variational Omni
OKX
Gate
Bybit
BingX
Extended
Paradex
dYdX
ApeX Omni
Orderly
BloFin
RISExNado0.4415+0.087%
Reya0.4415+0.088%Phoenix0.4416+0.095%Binance0.4416+0.099%GMX0.4416+0.099%Kraken Futures0.4416+0.099%KuCoin0.4416+0.104%Bitget0.4416+0.104%
Reya
Phoenix
Binance
GMX
Kraken Futures
KuCoin
BitgetgTrade (Gains Network)0.4416+0.104%
SunX0.4416+0.104%SoDEX0.4416+0.104%Phemex0.4416+0.104%Polymarket Perps0.4416+0.109%Backpack0.4416+0.113%MEXC0.4417+0.127%Hyperliquid0.4417+0.131%Aevo0.4418+0.143%Aster0.4418+0.149%Deribit0.4419+0.172%HTX0.4419+0.172%01 Exchange0.4420+0.186%Ondo Perps0.4421+0.213%Lighter0.4423+0.263%Coinbase International0.4424+0.285%Injective0.4463+1.169%
SunX
SoDEX
Phemex
Polymarket Perps
Backpack
MEXC
Hyperliquid
Aevo
Aster
Deribit
HTX
Ondo Perps
Lighter
Coinbase International
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX ONDOUSDC | −0.104% | +0.0100% | 4h | $5K | $319K | 20x | as long as short |
| Variational Omni ONDO | −0.077% | +0.0061% | 4h | $763K | $2.1M | — | as long as short |
| OKX ONDO-USDT-SWAP | −0.068% | +0.0100% | 4h | $17.3M | $80.0M | 50x | as long as short |
| Gate ONDO_USDT | −0.068% | +0.0100% | 4h | $11.6M | $19.0M | 50x | as long as short |
| Bybit ONDOUSDT | −0.045% | +0.0100% | 4h | $69.3M | $115.4M | 50x | as long as short |
| BingX ONDO-USDC | −0.045% | +0.0100% | 4h | — | $759K | — | as long as short |
| Extended ONDO-USD | −0.036% | +0.0104% | 1h | $372K | $933K | 25x | as long as short |
| Paradex ONDO-USD-PERP | −0.028% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| dYdX ONDO-USD | −0.023% | +0.8057% | 1h | $250K | $116K | 5x | as long as short |
| ApeX Omni ONDOUSDT | −0.023% | +0.0100% | 1h | $143K | $325K | 50x | as long as short |