Spread before costs (cost unknown: a leg has no order-book sample)+0.270%
7d average+1.011%if it closes, per $10,000$27funding while held, a day−$31.85
| 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 | 22m 20s | $1K | $85K | 5.5x |
| Short | Gate ONDO_USDT | 0.4457 | 0.0100 | get 0.0050% / 4h | 3h 22m | $11.7M | $19.1M | 50x |
Price 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
- $27
- Funding while held
- −$31.85
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$19.88
- Spread needed to break even
- 0.150%
Slippage unknown: Injective: no order-book sample; Gate: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1062%
- Per $10,000 a day
- −$31.85
- 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 Gate live order book, 3 min ago | 2.24 bp | 15.6 bp −$16 | 25.0 bp −$250 | 43.7 bp −$4,374 | 75.3 bp −$37.6K |
Injective: 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 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 | |
| Bybit ONDOUSDT | +0.270% | −0.0249% | 4h | $69.8M | $117.5M | 50x | as long as short |
| Gate ONDO_USDTshort | +0.270% | +0.0100% | 4h | $11.7M | $19.1M | 50x | |
| Bitget ONDOUSDT | +0.270% | +0.0100% | 4h | $25.1M | $44.2M | 50x | as long as short |
| Nado ONDO-PERP | +0.276% | +0.0100% | 1h | $468K | $626K | 10x | as long as short |
| Reya ONDORUSDPERP | +0.279% | +0.1128% | 1h | $2K | — | 20x | as long as short |
| OKX ONDO-USDT-SWAP | +0.292% | +0.0100% | 4h | $17.9M | $83.5M | 50x | as long as short |
| Extended ONDO-USD | +0.314% | +0.0104% | 1h | $376K | $1.1M | 25x | as long as short |
| MEXC ONDO_USDT | +0.315% | +0.0100% | 4h | $48.3M | $47.4M | 200x | as long as short |
| BingX ONDO-USDC | +0.315% | +0.0100% | 4h | — | $764K | — | as long as short |
Injective ONDO/USDC PERP
Gate ONDO_USDT
Bybit
Bitget
OKX
Extended
MEXC
BingX
KuCoin
Polymarket Perps
Binance
Hyperliquid
RISEx
gTrade (Gains Network)
Aster
Variational Omni
Paradex
SoDEX
BloFin
GMX
Phemex
Deribit
Backpack
SunX
Lighter
Kraken Futures
ApeX Omni
Phoenix
HTX
Coinbase International