After costs, if the gap returns to its 7d average, $10k−$75
spread now0.000%7d average+0.131%fees + slippage, in and out−$61spread needed0.615%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ONDO | 0.4453 | 0.0100 | pay 0.0013% / 1h | 37m 22s | $40.4M | $26.2M | 10x |
| Short | Coinbase International ONDO-PERP-INTX | 0.4453 | 0.0560 | get 0.0070% / 1h | 37m 22s | $348K | $787K | 50x |
Hyperliquid ONDO
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
- $0
- Funding while held
- $13.8
- Slippage, 4 orders
- −$42.48
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$47.68
- Spread needed to break even
- 0.615%
Slippage from Hyperliquid: live order book, 7 min ago; Coinbase International: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0460%
- Per $10,000 a day
- +$13.80
- 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 Hyperliquid live order book, 7 min ago | 1.23 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 12.39 bp | 21.6 bp −$22 | 43.2 bp −$432 | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.4424cheapestPhoenix0.4430+0.144%edgeX0.4439+0.350%ApeX Omni0.4440+0.367%Ondo Perps0.4440+0.372%Bybit0.4443+0.435%Phemex0.4443+0.435%GMX0.4444+0.453%OKX0.4444+0.458%Nado0.4444+0.458%SoDEX0.4444+0.458%BloFin0.4444+0.458%Aevo0.4445+0.469%Deribit0.4445+0.481%dYdX0.4445+0.487%Extended0.4446+0.497%Backpack0.4446+0.499%Gate0.4446+0.503%MEXC0.4446+0.503%BingX0.4446+0.503%Paradex0.4447+0.514%Orderly0.4447+0.526%gTrade (Gains Network)0.4447+0.530%Reya0.4447+0.530%Binance0.4447+0.532%Kraken Futures0.4448+0.548%KuCoin0.4448+0.548%RISEx0.4449+0.566%Bitget0.4449+0.571%Polymarket Perps0.4451+0.607%Aster0.4451+0.620%01 Exchange0.4451+0.627%Lighter0.4452+0.639%SunX0.4452+0.639%
Variational Omni
Phoenix
ApeX Omni
Ondo Perps
Bybit
Phemex
GMX
OKX
Nado
SoDEX
BloFin
Aevo
Deribit
dYdX
Extended
Backpack
Gate
MEXC
BingX
Paradex
Orderly
gTrade (Gains Network)
Reya
Binance
Kraken Futures
KuCoin
RISEx
Bitget
Polymarket Perps
Aster
Lighter
SunXHyperliquid0.4453+0.661%
Coinbase International0.4453+0.661%
HTX0.4454+0.684%Injective0.4463+0.887%
HTX
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ONDO | −0.657% | −0.0029% | 4h | $771K | $2.1M | — | as long as short |
| Phoenix ONDO | −0.514% | +0.0143% | 1h | $28K | $263K | 10x | as long as short |
| edgeX ONDOUSDC | −0.309% | +0.0100% | 4h | $5K | $319K | 20x | as long as short |
| ApeX Omni ONDOUSDT | −0.292% | +0.0100% | 1h | $177K | $331K | 50x | as long as short |
| Ondo Perps ONDO-USD.P | −0.287% | +0.0100% | 1h | $74K | $87K | 10x | as long as short |
| Bybit ONDOUSDT | −0.225% | +0.0062% | 4h | $70.1M | $115.8M | 50x | as long as short |
| Phemex ONDOUSDT | −0.225% | +0.0100% | 4h | $4.9M | $5.5M | 50x | as long as short |
| GMX ONDO/USD [ETH-USDC] | −0.207% | L +0.0604% / S −0.0210% | 1h | $532K | — | 100x | as long as short |
| OKX ONDO-USDT-SWAP | −0.202% | +0.0100% | 4h | $17.7M | $81.4M | 50x | as long as short |
| Nado ONDO-PERP | −0.202% | +0.0100% | 1h | $460K | $630K | 10x | as long as short |