Spread before costs (cost unknown: a leg has no order-book sample)−0.023%
7d average−0.099%if it closes, per $10,000$2funding while held, a day−$12.93
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ONDO | 0.4529 | 0.0531 | pay 0.0066% / 1h | 58m 55s | $42.4M | $27.2M | 10x |
| Short | Variational Omni ONDO | 0.4528 | 0.0100 | get 0.0050% / 4h | 1h 58m | $920K | $1.9M | — |
Hyperliquid ONDO
Variational Omni ONDOPrice 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
- −$2.31
- Funding while held
- −$12.93
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$24.24
- Spread needed to break even
- 0.090%
Slippage unknown: Hyperliquid: live order book, 6 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0431%
- Per $10,000 a day
- −$12.93
- 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, 6 min ago | 1.33 bp | 10.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 4.42 bp | doesn't fit | 13.3 bp −$133 | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4457cheapestGate0.4511+1.212%Ondo Perps0.4513+1.247%Bybit0.4513+1.256%OKX0.4513+1.256%MEXC0.4514+1.279%BingX0.4514+1.279%Extended0.4514+1.285%Binance0.4515+1.299%Bitget0.4516+1.324%KuCoin0.4519+1.391%Phoenix0.4519+1.398%Paradex0.4522+1.465%GMX0.4522+1.469%Aster0.4523+1.489%dYdX0.4524+1.501%Reya0.4524+1.509%SunX0.4525+1.526%SoDEX0.4525+1.526%gTrade (Gains Network)0.4525+1.532%RISEx0.4525+1.533%ApeX Omni0.4527+1.571%Orderly0.4527+1.571%Phemex0.4527+1.571%Polymarket Perps0.4528+1.586%BloFin0.4528+1.593%Nado0.4528+1.599%
Injective
Gate
Ondo Perps
Bybit
OKX
MEXC
BingX
Extended
Binance
Bitget
KuCoin
Phoenix
Paradex
GMX
Aster
dYdX
Reya
SunX
SoDEX
gTrade (Gains Network)
RISEx
ApeX Omni
Orderly
Phemex
Polymarket Perps
BloFin
NadoVariational Omni0.4528+1.599%
Backpack0.4528+1.602%edgeX0.4529+1.617%
BackpackHyperliquid0.4529+1.622%
Aevo0.4530+1.632%Deribit0.4530+1.638%Coinbase International0.4532+1.683%HTX0.4533+1.705%Kraken Futures0.4535+1.760%Lighter0.4537+1.788%
Aevo
Deribit
Coinbase International
HTX
Kraken Futures
LighterONDO on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −1.596% | +0.0824% | 1h | $1K | $88K | 5.5x | as long as short |
| Gate ONDO_USDT | −0.404% | −0.0032% | 4h | $11.8M | $18.8M | 50x | as long as short |
| Ondo Perps ONDO-USD.P | −0.369% | +0.0100% | 1h | $74K | $100K | 10x | as long as short |
| Bybit ONDOUSDT | −0.360% | +0.0100% | 4h | $69.4M | $110.6M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.360% | +0.0100% | 4h | $18.3M | $79.2M | 50x | as long as short |
| MEXC ONDO_USDT | −0.338% | +0.0100% | 4h | $50.8M | $43.7M | 200x | as long as short |
| BingX ONDO-USDT | −0.338% | +0.0100% | 4h | — | $22.4M | — | as long as short |
| Extended ONDO-USD | −0.332% | +0.0104% | 1h | $423K | $1.1M | 25x | as long as short |
| Binance ONDOUSDT | −0.318% | +0.0100% | 4h | $67.6M | $212.5M | 75x | as long as short |
| Bitget ONDOUSDT | −0.294% | +0.0100% | 4h | $25.2M | $42.0M | 50x | as long as short |