Spread before costs (cost unknown: a leg has no order-book sample)+0.251%
7d average+0.146%if it closes, per $10,000$25funding while held, a day−$15.14
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ONDO/USD [ETH-USDC] | 0.4451 | L +0.0605% / S −0.0210% | pay 0.0076% / 1h | 44m 33s | $533K | — | 100x |
| Short | HTX ONDO-USDT | 0.4462 | 0.0100 | get 0.0050% / 4h | 2h 44m | $111K | $536K | 50x |
GMX ONDO/USD [ETH-USDC]
HTX ONDO-USDTPrice 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
- $25.12
- Funding while held
- −$15.14
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$14.02
- Spread needed to break even
- 0.240%
Slippage unknown: GMX: no order-book sample; HTX: live order book, 60 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0505%
- Per $10,000 a day
- −$15.14
- 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 HTX live order book, 60 min ago | 3.31 bp | 11.5 bp −$12 | doesn't fit | 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.Bybit0.4445cheapestOKX0.4445cheapestKuCoin0.4445cheapestExtended0.4446+0.022%Gate0.4446+0.022%BingX0.4446+0.022%dYdX0.4447+0.045%MEXC0.4447+0.045%Bitget0.4447+0.045%Paradex0.4447+0.054%RISEx0.4448+0.060%Reya0.4448+0.076%Binance0.4448+0.076%Aster0.4448+0.076%Orderly0.4449+0.090%SunX0.4449+0.090%Phemex0.4449+0.090%Polymarket Perps0.4450+0.112%SoDEX0.4450+0.112%Hyperliquid0.4450+0.115%Backpack0.4450+0.119%01 Exchange0.4451+0.126%
Bybit
OKX
KuCoin
Extended
Gate
BingX
dYdX
MEXC
Bitget
Paradex
RISEx
Reya
Binance
Aster
Orderly
SunX
Phemex
Polymarket Perps
SoDEX
Hyperliquid
BackpackGMX0.4451+0.131%
gTrade (Gains Network)0.4451+0.138%Nado0.4452+0.152%Aevo0.4452+0.154%Deribit0.4452+0.157%BloFin0.4454+0.202%Kraken Futures0.4455+0.231%Lighter0.4455+0.234%Coinbase International0.4456+0.247%Variational Omni0.4457+0.262%
gTrade (Gains Network)
Nado
Aevo
Deribit
BloFin
Kraken Futures
Lighter
Coinbase International
Variational OmniHTX0.4462+0.382%
Injective0.4463+0.405%ApeX Omni0.4467+0.495%Phoenix0.4471+0.594%edgeX0.4473+0.626%Ondo Perps0.4475+0.682%
Injective
ApeX Omni
Phoenix
Ondo PerpsONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.131% | +0.0100% | 4h | $70.1M | $116.1M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.131% | +0.0100% | 4h | $17.7M | $81.6M | 50x | as long as short |
| KuCoin ONDOUSDTM | −0.131% | +0.0100% | 4h | $13.6M | $9.8M | 50x | as long as short |
| Extended ONDO-USD | −0.109% | +0.0104% | 1h | $376K | $1.1M | 25x | as long as short |
| Gate ONDO_USDT | −0.108% | +0.0100% | 4h | $11.7M | $18.6M | 50x | as long as short |
| BingX ONDO-USDT | −0.108% | +0.0100% | 4h | — | $23.2M | — | as long as short |
| dYdX ONDO-USD | −0.086% | +0.9448% | 1h | $252K | $111K | 5x | as long as short |
| MEXC ONDO_USDT | −0.086% | +0.0100% | 4h | $47.4M | $45.4M | 200x | as long as short |
| Bitget ONDOUSDT | −0.086% | +0.0100% | 4h | $25.2M | $43.7M | 50x | as long as short |
| Paradex ONDO-USD-PERP | −0.077% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |