Spread before costs (cost unknown: a leg has no order-book sample)−0.074%
7d average—if it closes, per $10,000$7funding while held, a day+$30.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ONDO | 0.4410 | 0.0100 | pay 0.0013% / 1h | 31m 04s | $39.3M | $26.5M | 10x |
| Short | Reya ONDORUSDPERP | 0.4406 | 0.1132 | get 0.0142% / 1h | 31m 04s | $2K | — | 20x |
Hyperliquid ONDO
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
- −$7.42
- Funding while held
- $30.96
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $8.54
- Spread needed to break even
- 0.150%
Slippage unknown: Hyperliquid: live order book, 4 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1032%
- Per $10,000 a day
- +$30.96
- 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, 4 min ago | 0.34 bp | 4.8 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
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.Ondo Perps0.4395cheapestApeX Omni0.4401+0.146%edgeX0.4401+0.156%Variational Omni0.4403+0.183%Gate0.4404+0.214%Bybit0.4405+0.237%OKX0.4405+0.237%Bitget0.4406+0.259%BingX0.4406+0.259%Orderly0.4406+0.259%Nado0.4406+0.265%Paradex0.4406+0.269%
Ondo Perps
ApeX Omni
Variational Omni
Gate
Bybit
OKX
Bitget
BingX
Orderly
Nado
ParadexReya0.4406+0.269%
dYdX0.4406+0.270%GMX0.4407+0.272%Extended0.4407+0.280%MEXC0.4407+0.282%KuCoin0.4407+0.282%gTrade (Gains Network)0.4407+0.282%SunX0.4407+0.282%Backpack0.4408+0.298%Polymarket Perps0.4408+0.300%RISEx0.4408+0.304%SoDEX0.4408+0.305%Coinbase International0.4408+0.305%Phemex0.4408+0.305%Binance0.4408+0.307%Deribit0.4409+0.328%Kraken Futures0.4409+0.329%
dYdX
GMX
Extended
MEXC
KuCoin
gTrade (Gains Network)
SunX
Backpack
Polymarket Perps
RISEx
SoDEX
Coinbase International
Phemex
Binance
Deribit
Kraken FuturesHyperliquid0.4410+0.344%
01 Exchange0.4410+0.348%BloFin0.4410+0.350%Phoenix0.4410+0.353%Aevo0.4411+0.363%Aster0.4411+0.373%HTX0.4415+0.464%Lighter0.4415+0.473%Injective0.4463+1.556%
BloFin
Phoenix
Aevo
Aster
HTX
Lighter
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps ONDO-USD.P | −0.342% | +0.0100% | 1h | $72K | $89K | 10x | as long as short |
| ApeX Omni ONDOUSDT | −0.197% | +0.0100% | 1h | $155K | $346K | 50x | as long as short |
| edgeX ONDOUSDC | −0.187% | +0.0100% | 4h | $4K | $320K | 20x | as long as short |
| Variational Omni ONDO | −0.160% | +0.0078% | 4h | $766K | $2.1M | — | as long as short |
| Gate ONDO_USDT | −0.129% | +0.0100% | 4h | $11.6M | $19.0M | 50x | as long as short |
| Bybit ONDOUSDT | −0.107% | +0.0100% | 4h | $69.1M | $115.2M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.107% | +0.0100% | 4h | $17.3M | $79.7M | 50x | as long as short |
| Bitget ONDOUSDT | −0.084% | +0.0100% | 4h | $24.7M | $42.0M | 50x | as long as short |
| BingX ONDO-USDC | −0.084% | +0.0100% | 4h | — | $758K | — | as long as short |
| Orderly PERP_ONDO_USDC | −0.084% | +0.0100% | 4h | $24K | $8K | 10x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado ONDO-PERP | −0.078% | +0.0100% | 1h | $461K | $630K | 10x | as long as short |
| Paradex ONDO-USD-PERP | −0.075% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Reya ONDORUSDPERPshort | −0.074% | +0.1132% | 1h | $2K | — | 20x | |
| dYdX ONDO-USD | −0.073% | +0.8975% | 1h | $249K | $116K | 5x | as long as short |
| GMX ONDO/USD [ETH-USDC] | −0.072% | L +0.0602% / S −0.0200% | 1h | $542K | — | 100x | as long as short |
| Extended ONDO-USD | −0.063% | +0.0104% | 1h | $372K | $933K | 25x | as long as short |
| MEXC ONDO_USDT | −0.061% | +0.0100% | 4h | $46.5M | $44.4M | 200x | as long as short |
| KuCoin ONDOUSDTM | −0.061% | +0.0100% | 4h | $13.4M | $9.8M | 50x | as long as short |
| gTrade (Gains Network) ONDO/USD | −0.061% | L +0.0003% / S −0.0008% | 1h | $6K | — | 150x | as long as short |
| SunX ONDO-USDT | −0.061% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
| Backpack ONDO_USDC_PERP | −0.045% | +0.0100% | 1h | $234K | $937K | 15x | as long as short |
| Polymarket Perps ONDO-USD | −0.043% | +0.0100% | 1h | $85K | $979K | 10x | as long as short |
| RISEx ONDO/USDC | −0.039% | +0.0100% | 1h | — | — | 5x | as long as short |
| SoDEX ONDO-USD | −0.039% | +0.0100% | 1h | $458 | $14K | 10x | as long as short |
| Coinbase International ONDO-PERP-INTX | −0.039% | +0.0592% | 1h | $328K | $802K | 50x | as long as short |
| Phemex ONDOUSDT | −0.039% | +0.0100% | 4h | $4.9M | $5.6M | 50x | as long as short |
| Binance ONDOUSDT | −0.037% | +0.0100% | 4h | $65.1M | $221.8M | 75x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | −0.016% | +0.0204% | 1h | $20K | $333K | 25x | as long as short |
| Kraken Futures PF_ONDOUSD | −0.015% | +0.0575% | 1h | $3.2M | $5.5M | 50x | as long as short |
| Hyperliquid ONDOlong | 0.000% | +0.0100% | 1h | $39.3M | $26.5M | 10x | |
| 01 Exchange ONDOUSD | +0.005% | +0.0248% | 1h | $363 | $1K | 10x | as long as short |
| BloFin ONDO-USDT | +0.007% | +0.0340% | 4h | $3.3M | $3.2M | 75x | as long as short |
| Phoenix ONDO | +0.009% | +0.0145% | 1h | $27K | $249K | 10x | as long as short |
| Aevo ONDO-PERP | +0.020% | +0.0104% | 1h | $35K | — | 3x | as long as short |
| Aster ONDOUSDT | +0.029% | +0.0117% | 4h | $742K | $1.8M | 20x | as long as short |
| HTX ONDO-USDT | +0.120% | +0.0100% | 4h | $109K | $526K | 50x | as long as short |
| Lighter ONDO | +0.129% | +0.0432% | 1h | $1.2M | $1.6M | 10x | as long as short |
| Injective ONDO/USDC PERP | +1.209% | +0.0033% | 1h | $1K | $49K | 5.5x | as long as short |