Spread before costs (cost unknown: a leg has no order-book sample)+0.230%
7d average+1.041%if it closes, per $10,000$23funding while held, a day−$29.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ONDO/USDC PERP | 0.4419 | 0.1162 | pay 0.0145% / 1h | 57m 17s | $995 | $85K | 5.5x |
| Short | GMX ONDO/USD [ETH-USDC] | 0.4429 | L +0.0562% / S −0.0189% | get 0.0024% / 1h | 57m 17s | $503K | — | 100x |
Injective ONDO/USDC PERP
GMX ONDO/USD [ETH-USDC]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
- $22.97
- Funding while held
- −$29.17
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$18.22
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0972%
- Per $10,000 a day
- −$29.17
- 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 GMX no order-book sample | — | — | — | — | — |
Injective and GMX: 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.Injective0.4419cheapest
Extended0.4424+0.111%Bybit0.4425+0.136%OKX0.4426+0.158%Gate0.4426+0.158%Orderly0.4427+0.181%SunX0.4427+0.181%SoDEX0.4427+0.181%Reya0.4427+0.190%KuCoin0.4428+0.204%Deribit0.4428+0.204%Phemex0.4428+0.204%Nado0.4429+0.215%Aevo0.4429+0.215%RISEx0.4429+0.215%gTrade (Gains Network)0.4429+0.223%Binance0.4429+0.224%MEXC0.4429+0.226%Bitget0.4429+0.226%Paradex0.4429+0.226%
Extended
Bybit
OKX
Gate
Orderly
SunX
SoDEX
Reya
KuCoin
Deribit
Phemex
Nado
Aevo
RISEx
gTrade (Gains Network)
Binance
MEXC
Bitget
ParadexGMX0.4429+0.230%
Polymarket Perps0.4430+0.244%Aster0.4430+0.246%Backpack0.4430+0.251%dYdX0.4431+0.272%01 Exchange0.4432+0.287%Hyperliquid0.4432+0.292%BingX0.4432+0.294%BloFin0.4432+0.294%Ondo Perps0.4434+0.333%Kraken Futures0.4434+0.344%Lighter0.4435+0.353%Coinbase International0.4435+0.362%ApeX Omni0.4436+0.385%Variational Omni0.4438+0.419%HTX0.4439+0.453%Phoenix0.4444+0.563%edgeX0.4445+0.581%
Polymarket Perps
Aster
Backpack
dYdX
Hyperliquid
BingX
BloFin
Ondo Perps
Kraken Futures
Lighter
Coinbase International
ApeX Omni
Variational Omni
HTX
PhoenixONDO 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 | $995 | $85K | 5.5x | |
| Extended ONDO-USD | +0.111% | +0.0104% | 1h | $375K | $1.1M | 25x | as long as short |
| Bybit ONDOUSDT | +0.136% | −0.0145% | 4h | $69.5M | $118.8M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | +0.158% | +0.0100% | 4h | $18.1M | $82.5M | 50x | as long as short |
| Gate ONDO_USDT | +0.158% | +0.0012% | 4h | $11.6M | $18.6M | 50x | as long as short |
| Orderly PERP_ONDO_USDC | +0.181% | +0.0093% | 4h | $24K | $9K | 10x | as long as short |
| SunX ONDO-USDT | +0.181% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
| SoDEX ONDO-USD | +0.181% | +0.0100% | 1h | $460 | $15K | 10x | as long as short |
| Reya ONDORUSDPERP | +0.190% | +0.1127% | 1h | $2K | — | 20x | as long as short |
| KuCoin ONDOUSDTM | +0.204% | +0.0100% | 4h | $13.6M | $10.6M | 50x | as long as short |