Spread before costs (cost unknown: a leg has no order-book sample)−0.044%
7d average—if it closes, per $10,000$4funding 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 | 0.4436 | L +0.0003% / S −0.0007% | pay 0.0000% / 1h | 29m 04s | $7K | — | 150x |
| Short | SoDEX ONDO-USD | 0.4434 | 0.0100 | get 0.0013% / 1h | 29m 04s | $461 | $14K | 10x |
gTrade (Gains Network) ONDO/USD
SoDEX ONDO-USDPrice 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
- −$4.4
- Funding while held
- $2.9
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$19.5
- Spread needed to break even
- 0.180%
Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: no order-book sample. 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 SoDEX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and SoDEX: 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.BingX0.4430cheapestBybit0.4431+0.023%Gate0.4431+0.023%Phemex0.4432+0.045%Backpack0.4433+0.065%OKX0.4433+0.068%KuCoin0.4433+0.068%Orderly0.4434+0.090%SunX0.4434+0.090%
BingX
Bybit
Gate
Phemex
Backpack
OKX
KuCoin
Orderly
SunXSoDEX0.4434+0.090%
Hyperliquid0.4435+0.102%Binance0.4435+0.114%
Hyperliquid
BinancegTrade (Gains Network)0.4436+0.134%
MEXC0.4436+0.135%Bitget0.4436+0.135%Deribit0.4436+0.135%GMX0.4436+0.145%Extended0.4436+0.147%Aevo0.4436+0.147%BloFin0.4437+0.158%Aster0.4438+0.181%Reya0.4438+0.190%Kraken Futures0.4439+0.197%Paradex0.4439+0.205%Nado0.4440+0.214%RISEx0.4440+0.222%Polymarket Perps0.4440+0.226%Lighter0.4441+0.237%01 Exchange0.4441+0.255%dYdX0.4445+0.329%Variational Omni0.4445+0.333%Coinbase International0.4445+0.339%ApeX Omni0.4447+0.384%Phoenix0.4450+0.447%edgeX0.4452+0.493%HTX0.4452+0.497%Ondo Perps0.4456+0.587%Injective0.4463+0.745%
MEXC
Bitget
Deribit
GMX
Extended
Aevo
BloFin
Aster
Reya
Kraken Futures
Paradex
Nado
RISEx
Polymarket Perps
Lighter
dYdX
Variational Omni
Coinbase International
ApeX Omni
Phoenix
HTX
Ondo Perps
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ONDO-USDC | −0.134% | +0.0100% | 4h | — | $760K | — | as long as short |
| Bybit ONDOUSDT | −0.112% | +0.0055% | 4h | $69.8M | $115.2M | 50x | as long as short |
| Gate ONDO_USDT | −0.112% | +0.0100% | 4h | $11.7M | $18.7M | 50x | as long as short |
| Phemex ONDOUSDT | −0.089% | +0.0100% | 4h | $4.9M | $5.5M | 50x | as long as short |
| Backpack ONDO_USDC_PERP | −0.069% | +0.0100% | 1h | $240K | $865K | 15x | as long as short |
| OKX ONDO-USDT-SWAP | −0.067% | +0.0100% | 4h | $17.6M | $80.6M | 50x | as long as short |
| KuCoin ONDOUSDTM | −0.067% | +0.0100% | 4h | $13.5M | $9.8M | 50x | as long as short |
| Orderly PERP_ONDO_USDC | −0.044% | +0.0096% | 4h | $24K | $8K | 10x | as long as short |
| SunX ONDO-USDT | −0.044% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
| SoDEX ONDO-USDshort | −0.044% | +0.0100% | 1h | $461 | $14K | 10x |