Spread before costs (cost unknown: a leg has no order-book sample)−0.148%
7d average+0.002%if it closes, per $10,000$15funding while held, a day−$13.90
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ONDO/USD [ETH-USDC] | 0.4406 | L +0.0563% / S −0.0190% | pay 0.0070% / 1h | 37m 01s | $502K | — | 100x |
| Short | MEXC ONDO_USDT | 0.4399 | 0.0100 | get 0.0050% / 4h | 37m 01s | $46.1M | $45.4M | 200x |
GMX ONDO/USD [ETH-USDC]
MEXC 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
- −$14.78
- Funding while held
- −$13.9
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$40.68
- Spread needed to break even
- 0.120%
Slippage unknown: GMX: no order-book sample; MEXC: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0463%
- Per $10,000 a day
- −$13.90
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 3 min ago | 1.13 bp | 1.1 bp −$1 | 4.1 bp −$41 | 19.6 bp −$1,960 | 114.2 bp −$57.1K |
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.RISEx0.4392cheapestdYdX0.4394+0.042%Paradex0.4394+0.043%Extended0.4398+0.140%Bybit0.4399+0.165%OKX0.4399+0.165%
RISEx
dYdX
Paradex
Extended
Bybit
OKXMEXC0.4399+0.165%
ApeX Omni0.4399+0.165%Nado0.4400+0.176%Polymarket Perps0.4400+0.199%01 Exchange0.4401+0.206%Bitget0.4401+0.210%Gate0.4402+0.233%BloFin0.4402+0.233%Phoenix0.4403+0.247%BingX0.4403+0.256%Binance0.4404+0.270%KuCoin0.4404+0.279%Reya0.4404+0.282%Orderly0.4405+0.301%SoDEX0.4405+0.301%Coinbase International0.4405+0.301%gTrade (Gains Network)0.4405+0.304%
ApeX Omni
Nado
Polymarket Perps
Bitget
Gate
BloFin
Phoenix
BingX
Binance
KuCoin
Reya
Orderly
SoDEX
Coinbase International
gTrade (Gains Network)GMX0.4406+0.313%
Aster0.4406+0.324%Aevo0.4406+0.332%Hyperliquid0.4407+0.338%SunX0.4407+0.347%Deribit0.4408+0.370%Backpack0.4408+0.372%Phemex0.4409+0.392%Lighter0.4412+0.472%edgeX0.4413+0.477%Kraken Futures0.4413+0.483%HTX0.4414+0.506%Variational Omni0.4416+0.554%Injective0.4419+0.620%Ondo Perps0.4432+0.907%
Aster
Aevo
Hyperliquid
SunX
Deribit
Backpack
Phemex
Lighter
Kraken Futures
HTX
Variational Omni
Injective
Ondo PerpsONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| RISEx ONDO/USDC | −0.312% | +0.0100% | 1h | — | — | 5x | as long as short |
| dYdX ONDO-USD | −0.270% | +0.8808% | 1h | $244K | $101K | 5x | as long as short |
| Paradex ONDO-USD-PERP | −0.269% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Extended ONDO-USD | −0.172% | +0.0104% | 1h | $372K | $1.1M | 25x | as long as short |
| Bybit ONDOUSDT | −0.148% | +0.0100% | 4h | $69.2M | $118.0M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.148% | +0.0100% | 4h | $18.0M | $81.2M | 50x | as long as short |
| MEXC ONDO_USDTshort | −0.148% | +0.0100% | 4h | $46.1M | $45.4M | 200x | |
| ApeX Omni ONDOUSDT | −0.148% | +0.0100% | 1h | $180K | $358K | 50x | as long as short |
| Nado ONDO-PERP | −0.136% | +0.0100% | 1h | $429K | $565K | 10x | as long as short |
| Polymarket Perps ONDO-USD | −0.114% | +0.0100% | 1h | $80K | $976K | 10x | as long as short |