Spread before costs (cost unknown: a leg has no order-book sample)−0.205%
7d average—if it closes, per $10,000$20funding while held, a day+$16.47
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ONDO/USD [ETH-USDC] | 0.4527 | L +0.0574% / S −0.0190% | pay 0.0072% / 1h | 27m 30s | $515K | — | 100x |
| Short | Reya ONDORUSDPERP | 0.4518 | 0.1124 | get 0.0140% / 1h | 27m 30s | $2K | — | 20x |
GMX ONDO/USD [ETH-USDC]
Reya ONDORUSDPERPPrice 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
- −$20.5
- Funding while held
- $16.47
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$22.03
- Spread needed to break even
- 0.180%
Slippage unknown: GMX: no order-book sample; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0549%
- Per $10,000 a day
- +$16.47
- 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 Reya no order-book sample | — | — | — | — | — |
GMX and Reya: 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.Injective0.4457cheapestOKX0.4517+1.346%
Injective
OKXReya0.4518+1.360%
Extended0.4518+1.366%Ondo Perps0.4518+1.371%Bybit0.4519+1.391%Gate0.4519+1.391%MEXC0.4519+1.391%Bitget0.4519+1.391%BingX0.4519+1.391%Nado0.4519+1.391%Paradex0.4519+1.391%RISEx0.4519+1.397%Binance0.4521+1.437%Variational Omni0.4521+1.446%Polymarket Perps0.4522+1.470%Orderly0.4523+1.481%Phemex0.4523+1.481%Phoenix0.4524+1.512%KuCoin0.4525+1.526%SoDEX0.4525+1.526%Deribit0.4525+1.526%gTrade (Gains Network)0.4525+1.533%Aevo0.4526+1.537%Aster0.4526+1.542%BloFin0.4526+1.548%Hyperliquid0.4526+1.557%edgeX0.4527+1.567%
Extended
Ondo Perps
Bybit
Gate
MEXC
Bitget
BingX
Nado
Paradex
RISEx
Binance
Variational Omni
Polymarket Perps
Orderly
Phemex
Phoenix
KuCoin
SoDEX
Deribit
gTrade (Gains Network)
Aevo
Aster
BloFin
HyperliquidGMX0.4527+1.568%
dYdX0.4527+1.569%SunX0.4528+1.593%Backpack0.4530+1.636%Kraken Futures0.4532+1.687%HTX0.4533+1.705%Lighter0.4534+1.728%ApeX Omni0.4534+1.728%Coinbase International0.4539+1.840%
dYdX
SunX
Backpack
Kraken Futures
HTX
Lighter
ApeX Omni
Coinbase InternationalONDO on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −1.544% | +0.0824% | 1h | $1K | $88K | 5.5x | as long as short |
| OKX ONDO-USDT-SWAP | −0.218% | +0.0100% | 4h | $18.3M | $80.3M | 50x | as long as short |
| Reya ONDORUSDPERPshort | −0.205% | +0.1124% | 1h | $2K | — | 20x | |
| Extended ONDO-USD | −0.198% | +0.0104% | 1h | $418K | $1.1M | 25x | as long as short |
| Ondo Perps ONDO-USD.P | −0.194% | +0.0100% | 1h | $74K | $101K | 10x | as long as short |
| Bybit ONDOUSDT | −0.174% | +0.0100% | 4h | $70.2M | $112.8M | 50x | as long as short |
| Gate ONDO_USDT | −0.174% | −0.0072% | 4h | $11.9M | $19.4M | 50x | as long as short |
| MEXC ONDO_USDT | −0.174% | +0.0100% | 4h | $49.6M | $44.7M | 200x | as long as short |
| Bitget ONDOUSDT | −0.174% | +0.0100% | 4h | $25.2M | $42.8M | 50x | as long as short |
| BingX ONDO-USDC | −0.174% | +0.0100% | 4h | — | $765K | — | as long as short |