Spread before costs (cost unknown: a leg has no order-book sample)+0.118%
7d average−0.011%if it closes, per $10,000$12funding while held, a day−$15.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ONDO/USD [ETH-USDC] | 0.4397 | L +0.0601% / S −0.0200% | pay 0.0075% / 1h | 11m 32s | $541K | — | 100x |
| Short | OKX ONDO-USDT-SWAP | 0.4402 | 0.0100 | get 0.0050% / 4h | 1h 11m | $17.2M | $79.5M | 50x |
GMX ONDO/USD [ETH-USDC]
OKX ONDO-USDT-SWAPPrice 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
- $11.76
- Funding while held
- −$15.02
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$25.26
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; OKX: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0501%
- Per $10,000 a day
- −$15.02
- 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 OKX live order book, 4 min ago | 1.14 bp | 9.4 bp −$9 | 19.1 bp −$191 | 139.3 bp −$13.9K | 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.ApeX Omni0.4396cheapestSunX0.4396cheapest
ApeX Omni
SunXGMX0.4397+0.019%
Kraken Futures0.4398+0.042%gTrade (Gains Network)0.4399+0.057%Variational Omni0.4399+0.060%Orderly0.4399+0.068%SoDEX0.4400+0.091%Phemex0.4400+0.091%dYdX0.4400+0.096%edgeX0.4401+0.106%BloFin0.4401+0.114%Nado0.4402+0.131%Bybit0.4402+0.136%
Kraken Futures
gTrade (Gains Network)
Variational Omni
Orderly
SoDEX
Phemex
dYdX
BloFin
Nado
BybitOKX0.4402+0.136%
Gate0.4402+0.136%Deribit0.4402+0.136%Coinbase International0.4402+0.136%MEXC0.4403+0.159%KuCoin0.4403+0.159%BingX0.4403+0.159%Aevo0.4403+0.159%Paradex0.4403+0.160%Extended0.4404+0.174%RISEx0.4404+0.175%Bitget0.4404+0.182%Backpack0.4404+0.182%Binance0.4405+0.200%Phoenix0.4405+0.202%Polymarket Perps0.4405+0.205%HTX0.4405+0.205%Reya0.4405+0.208%Aster0.4406+0.226%01 Exchange0.4406+0.239%Ondo Perps0.4407+0.250%Hyperliquid0.4409+0.284%Lighter0.4411+0.353%Injective0.4463+1.524%
Gate
Deribit
Coinbase International
MEXC
KuCoin
BingX
Aevo
Paradex
Extended
RISEx
Bitget
Backpack
Binance
Phoenix
Polymarket Perps
HTX
Reya
Aster
Ondo Perps
Hyperliquid
Lighter
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ONDOUSDT | −0.019% | +0.0100% | 1h | $155K | $346K | 50x | as long as short |
| SunX ONDO-USDT | −0.019% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
| GMX ONDO/USD [ETH-USDC]long | 0.000% | L +0.0601% / S −0.0200% | 1h | $541K | — | 100x | |
| Kraken Futures PF_ONDOUSD | +0.023% | +0.0577% | 1h | $2.9M | $6.0M | 50x | as long as short |
| gTrade (Gains Network) ONDO/USD | +0.038% | L +0.0003% / S −0.0008% | 1h | $6K | — | 150x | as long as short |
| Variational Omni ONDO | +0.041% | +0.0100% | 4h | $761K | $2.1M | — | as long as short |
| Orderly PERP_ONDO_USDC | +0.049% | +0.0100% | 4h | $24K | $8K | 10x | as long as short |
| SoDEX ONDO-USD | +0.072% | +0.0100% | 1h | $457 | $14K | 10x | as long as short |
| Phemex ONDOUSDT | +0.072% | +0.0100% | 4h | $4.9M | $5.7M | 50x | as long as short |
| dYdX ONDO-USD | +0.077% | +0.9489% | 1h | $249K | $116K | 5x | as long as short |