Spread before costs (cost unknown: a leg has no order-book sample)+0.406%
7d average+0.247%if it closes, per $10,000$41funding while held, a day−$3.46
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ONDO/USD [ETH-USDC] | 0.4468 | L +0.0579% / S −0.0197% | pay 0.0072% / 1h | 59m 25s | $518K | — | 100x |
| Short | Coinbase International ONDO-PERP-INTX | 0.4486 | 0.0464 | get 0.0058% / 1h | 59m 25s | $348K | $842K | 50x |
GMX ONDO/USD [ETH-USDC]
Coinbase International ONDO-PERP-INTXPrice 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
- $40.6
- Funding while held
- −$3.46
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $15.14
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 45 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0115%
- Per $10,000 a day
- −$3.46
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 45 min ago | 11.06 bp | 28.9 bp −$29 | 75.7 bp −$757 | doesn't fit | doesn't fit |
GMX: 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.OKX0.4456cheapestBybit0.4459+0.067%KuCoin0.4459+0.067%Reya0.4459+0.077%Nado0.4460+0.079%RISEx0.4460+0.083%MEXC0.4460+0.090%Bitget0.4460+0.090%BingX0.4460+0.090%Binance0.4460+0.097%Variational Omni0.4460+0.098%gTrade (Gains Network)0.4461+0.108%01 Exchange0.4461+0.121%Polymarket Perps0.4462+0.130%Ondo Perps0.4462+0.137%Gate0.4463+0.157%Injective0.4463+0.157%Hyperliquid0.4464+0.168%BloFin0.4464+0.180%Extended0.4465+0.209%edgeX0.4465+0.212%ApeX Omni0.4466+0.224%Paradex0.4466+0.224%Aster0.4467+0.245%dYdX0.4467+0.254%
OKX
Bybit
KuCoin
Reya
Nado
RISEx
MEXC
Bitget
BingX
Binance
Variational Omni
gTrade (Gains Network)
Polymarket Perps
Ondo Perps
Gate
Injective
Hyperliquid
BloFin
Extended
ApeX Omni
Paradex
Aster
dYdXGMX0.4468+0.266%
Orderly0.4468+0.269%SoDEX0.4468+0.269%Phemex0.4468+0.269%Phoenix0.4469+0.292%SunX0.4469+0.292%Deribit0.4470+0.314%Aevo0.4470+0.321%Backpack0.4471+0.343%HTX0.4472+0.359%Lighter0.4474+0.399%Kraken Futures0.4475+0.423%
Orderly
SoDEX
Phemex
Phoenix
SunX
Deribit
Aevo
Backpack
HTX
Lighter
Kraken FuturesCoinbase International0.4486+0.673%
ONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ONDO-USDT-SWAP | −0.265% | +0.0100% | 4h | $17.7M | $82.4M | 50x | as long as short |
| Bybit ONDOUSDT | −0.198% | +0.0004% | 4h | $70.3M | $116.7M | 50x | as long as short |
| KuCoin ONDOUSDTM | −0.198% | +0.0100% | 4h | $13.6M | $9.8M | 50x | as long as short |
| Reya ONDORUSDPERP | −0.189% | +0.1129% | 1h | $2K | — | 20x | as long as short |
| Nado ONDO-PERP | −0.187% | +0.0100% | 1h | $464K | $641K | 10x | as long as short |
| RISEx ONDO/USDC | −0.182% | +0.0100% | 1h | — | — | 5x | as long as short |
| MEXC ONDO_USDT | −0.176% | +0.0100% | 4h | $47.8M | $45.4M | 200x | as long as short |
| Bitget ONDOUSDT | −0.176% | +0.0100% | 4h | $25.2M | $44.1M | 50x | as long as short |
| BingX ONDO-USDC | −0.176% | +0.0100% | 4h | — | $765K | — | as long as short |
| Binance ONDOUSDT | −0.169% | +0.0100% | 4h | $66.8M | $227.1M | 75x | as long as short |