Spread before costs (cost unknown: a leg has no order-book sample)+1.017%
7d average—if it closes, per $10,000$102funding while held, a day−$34.54
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ONDO/USDC PERP | 0.4445 | 0.1162 | pay 0.0145% / 1h | 47m 12s | $1K | $85K | 5.5x |
| Short | gTrade (Gains Network) ONDO/USD | 0.4490 | L +0.0003% / S −0.0010% | get 0.0001% / 1h | 47m 12s | $10K | — | 150x |
Injective ONDO/USDC PERP
gTrade (Gains Network) ONDO/USDPrice 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
- $101.69
- Funding while held
- −$34.54
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $57.12
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1151%
- Per $10,000 a day
- −$34.54
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Injective and gTrade (Gains Network): 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.Injective0.4445cheapest
Variational Omni0.4458+0.290%Reya0.4481+0.820%Gate0.4482+0.832%Hyperliquid0.4487+0.952%Polymarket Perps0.4489+0.979%Aster0.4490+1.011%
Variational Omni
Reya
Gate
Hyperliquid
Polymarket Perps
AstergTrade (Gains Network)0.4490+1.017%
GMX0.4491+1.029%01 Exchange0.4491+1.030%Phoenix0.4491+1.046%RISEx0.4493+1.070%edgeX0.4494+1.107%Orderly0.4495+1.125%Aevo0.4496+1.140%SunX0.4496+1.147%BloFin0.4496+1.147%Extended0.4497+1.166%ApeX Omni0.4497+1.170%KuCoin0.4498+1.192%Deribit0.4499+1.215%Phemex0.4499+1.215%Ondo Perps0.4500+1.231%Bybit0.4500+1.237%OKX0.4502+1.282%MEXC0.4503+1.305%BingX0.4503+1.305%Binance0.4504+1.317%SoDEX0.4504+1.327%Paradex0.4505+1.339%Bitget0.4505+1.350%dYdX0.4506+1.370%Nado0.4506+1.372%Coinbase International0.4506+1.372%Kraken Futures0.4510+1.464%Lighter0.4510+1.471%HTX0.4514+1.552%Backpack0.4518+1.636%
GMX
Phoenix
RISEx
Orderly
Aevo
SunX
BloFin
Extended
ApeX Omni
KuCoin
Deribit
Phemex
Ondo Perps
Bybit
OKX
MEXC
BingX
Binance
SoDEX
Paradex
Bitget
dYdX
Nado
Coinbase International
Kraken Futures
Lighter
HTX
BackpackONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERPlong | 0.000% | +0.1162% | 1h | $1K | $85K | 5.5x | |
| Variational Omni ONDO | +0.290% | +0.0088% | 4h | $928K | $2.0M | — | as long as short |
| Reya ONDORUSDPERP | +0.820% | +0.1127% | 1h | $2K | — | 20x | as long as short |
| Gate ONDO_USDT | +0.832% | −0.0332% | 4h | $11.8M | $18.8M | 50x | as long as short |
| Hyperliquid ONDO | +0.952% | +0.0145% | 1h | $40.8M | $28.1M | 10x | as long as short |
| Polymarket Perps ONDO-USD | +0.979% | +0.0100% | 1h | $88K | $996K | 10x | as long as short |
| Aster ONDOUSDT | +1.011% | +0.0100% | 4h | $750K | $1.8M | 20x | as long as short |
| gTrade (Gains Network) ONDO/USDshort | +1.017% | L +0.0003% / S −0.0010% | 1h | $10K | — | 150x | |
| GMX ONDO/USD [ETH-USDC] | +1.029% | L +0.0567% / S −0.0189% | 1h | $510K | — | 100x | as long as short |
| 01 Exchange ONDOUSD | +1.030% | +0.0224% | 1h | $370 | $1K | 10x | as long as short |