Spread before costs (cost unknown: a leg has no order-book sample)+1.212%
7d average—if it closes, per $10,000$121funding 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 | 45m 08s | $1K | $85K | 5.5x |
| Short | Paradex ONDO-USD-PERP | 0.4499 | 0.0100 | get 0.0100% / 8h | 7h 45m | $6K | $9 | 10x |
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
- $121.19
- Funding while held
- −$31.85
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $85.31
- Spread needed to break even
- 0.040%
Slippage unknown: Injective: no order-book sample; Paradex: no order-book sample. 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 Paradex no order-book sample | — | — | — | — | — |
Injective and Paradex: 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 | |
| ApeX Omni ONDOUSDT | +0.900% | +0.0100% | 1h | $181K | $387K | 50x | as long as short |
| Phoenix ONDO | +1.046% | +0.0162% | 1h | $28K | $244K | 10x | as long as short |
| Bybit ONDOUSDT | +1.170% | −0.1112% | 4h | $70.5M | $118.4M | 50x | as long as short |
| edgeX ONDOUSDC | +1.187% | +0.0100% | 4h | $5K | $319K | 20x | as long as short |
| Nado ONDO-PERP | +1.192% | +0.0100% | 1h | $482K | $612K | 10x | as long as short |
| Phemex ONDOUSDT | +1.192% | −0.0605% | 4h | $5.0M | $5.3M | 50x | as long as short |
| RISEx ONDO/USDC | +1.193% | +0.0100% | 1h | — | — | 5x | as long as short |
| Paradex ONDO-USD-PERPshort | +1.212% | +0.0100% | 8h | $6K | $9 | 10x | |
| Binance ONDOUSDT | +1.219% | +0.0100% | 4h | $67.8M | $229.1M | 75x | as long as short |
Injective ONDO/USDC PERP
Paradex ONDO-USD-PERP
ApeX Omni
Phoenix
Bybit
Phemex
RISEx
Binance
KuCoin
BloFin
SoDEX
Polymarket Perps
Aster
HTX
Extended
Kraken Futures
SunX
Backpack
Lighter
MEXC
GMX
gTrade (Gains Network)
OKX
Gate
Deribit
Bitget
BingX
Variational Omni
Hyperliquid
Coinbase International