After costs, if the gap returns to its 7d average, $10k−$47
spread now+0.158%7d average+0.049%fees + slippage, in and out−$58spread needed0.583%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ONDO_USDT | 0.4439 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $11.7M | $18.7M | 50x |
| Short | Deribit ONDO_USDC-PERPETUAL | 0.4446 | 0.0425 | get 0.0053% / 1h | 32m 18s | $20K | $339K | 25x |
Gate ONDO_USDT
Deribit ONDO_USDC-PERPETUALPrice 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
- $15.77
- Funding while held
- $9.75
- Slippage, 4 orders
- −$36.31
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$32.79
- Spread needed to break even
- 0.583%
Slippage from Gate: live order book, 3 min ago; Deribit: live order book, 38 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0325%
- Per $10,000 a day
- +$9.75
- 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 Gate live order book, 3 min ago | 2.25 bp | 16.4 bp −$16 | 36.2 bp −$362 | 53.3 bp −$5,330 | 84.6 bp −$42.3K |
| Sell Deribit live order book, 38 min ago | 6.70 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Nado0.4437cheapestRISEx0.4438+0.011%Reya0.4439+0.027%Variational Omni0.4439+0.030%
Nado
RISEx
Reya
Variational OmniGate0.4439+0.034%
KuCoin0.4439+0.034%Polymarket Perps0.4440+0.056%01 Exchange0.4441+0.074%OKX0.4441+0.079%Bybit0.4442+0.101%Aster0.4442+0.111%Hyperliquid0.4443+0.117%Extended0.4443+0.118%dYdX0.4443+0.124%MEXC0.4443+0.124%BingX0.4443+0.124%Bitget0.4444+0.146%Orderly0.4444+0.146%SunX0.4444+0.146%gTrade (Gains Network)0.4444+0.147%Paradex0.4445+0.158%GMX0.4445+0.164%Binance0.4445+0.167%SoDEX0.4445+0.169%Phoenix0.4445+0.171%
KuCoin
Polymarket Perps
OKX
Bybit
Aster
Hyperliquid
Extended
dYdX
MEXC
BingX
Bitget
Orderly
SunX
gTrade (Gains Network)
Paradex
GMX
Binance
SoDEX
PhoenixDeribit0.4446+0.192%
Aevo0.4446+0.199%edgeX0.4447+0.223%Kraken Futures0.4450+0.278%Phemex0.4451+0.304%BloFin0.4451+0.304%Lighter0.4452+0.318%Backpack0.4454+0.376%HTX0.4459+0.485%ApeX Omni0.4460+0.507%Coinbase International0.4460+0.507%Injective0.4463+0.575%Ondo Perps0.4463+0.577%
Aevo
Kraken Futures
Phemex
BloFin
Lighter
Backpack
HTX
ApeX Omni
Coinbase International
Injective
Ondo PerpsONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado ONDO-PERP | −0.034% | +0.0100% | 1h | $459K | $630K | 10x | as long as short |
| RISEx ONDO/USDC | −0.023% | +0.0100% | 1h | — | — | 5x | as long as short |
| Reya ONDORUSDPERP | −0.007% | +0.1130% | 1h | $2K | — | 20x | as long as short |
| Variational Omni ONDO | −0.004% | −0.0039% | 4h | $773K | $2.1M | — | as long as short |
| Gate ONDO_USDTlong | 0.000% | +0.0100% | 4h | $11.7M | $18.7M | 50x | |
| KuCoin ONDOUSDTM | 0.000% | +0.0100% | 4h | $13.5M | $9.7M | 50x | as long as short |
| Polymarket Perps ONDO-USD | +0.023% | +0.0100% | 1h | $85K | $1.0M | 10x | as long as short |
| 01 Exchange ONDOUSD | +0.041% | +0.0232% | 1h | $365 | $1K | 10x | as long as short |
| OKX ONDO-USDT-SWAP | +0.045% | +0.0100% | 4h | $17.7M | $81.1M | 50x | as long as short |
| Bybit ONDOUSDT | +0.068% | +0.0062% | 4h | $70.1M | $115.5M | 50x | as long as short |