Spread before costs (cost unknown: a leg has no order-book sample)+0.062%
7d average—if it closes, per $10,000$6funding while held, a day−$14.31
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ONDOUSD | 0.4397 | 0.0577 | pay 0.0072% / 1h | 17m 20s | $2.9M | $6.0M | 50x |
| Short | RISEx ONDO/USDC | 0.4400 | 0.0100 | get 0.0013% / 1h | 17m 20s | — | — | 5x |
Kraken Futures PF_ONDOUSD
RISEx ONDO/USDCPrice 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
- $6.25
- Funding while held
- −$14.31
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$24.06
- Spread needed to break even
- 0.160%
Slippage unknown: Kraken Futures: live order book, 3 min ago; RISEx: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0477%
- Per $10,000 a day
- −$14.31
- 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 Kraken Futures live order book, 3 min ago | 6.83 bp | 11.8 bp −$12 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell RISEx no order-book sample | — | — | — | — | — |
RISEx: 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.Variational Omni0.4378cheapestedgeX0.4385+0.176%Nado0.4395+0.391%ApeX Omni0.4396+0.419%SoDEX0.4396+0.419%dYdX0.4396+0.422%
Variational Omni
Nado
ApeX Omni
SoDEX
dYdXKraken Futures0.4397+0.440%
Paradex0.4397+0.447%Phoenix0.4397+0.451%Bybit0.4398+0.465%OKX0.4398+0.465%KuCoin0.4398+0.465%Gate0.4399+0.488%BingX0.4399+0.488%Phemex0.4399+0.488%Extended0.4399+0.490%Backpack0.4400+0.499%
Paradex
Phoenix
Bybit
OKX
KuCoin
Gate
BingX
Phemex
Extended
BackpackRISEx0.4400+0.503%
Reya0.4400+0.507%gTrade (Gains Network)0.4400+0.508%GMX0.4400+0.509%Bitget0.4400+0.510%Orderly0.4400+0.510%Polymarket Perps0.4401+0.531%MEXC0.4401+0.533%SunX0.4401+0.533%Binance0.4402+0.552%Coinbase International0.4402+0.556%BloFin0.4402+0.556%Aevo0.4402+0.564%Deribit0.4403+0.579%Ondo Perps0.4404+0.593%Hyperliquid0.4404+0.595%Aster0.4404+0.596%01 Exchange0.4404+0.606%HTX0.4407+0.670%Lighter0.4407+0.682%Injective0.4463+1.950%
Reya
gTrade (Gains Network)
GMX
Bitget
Orderly
Polymarket Perps
MEXC
SunX
Binance
Coinbase International
BloFin
Aevo
Deribit
Ondo Perps
Hyperliquid
Aster
HTX
Lighter
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ONDO | −0.438% | +0.0100% | 4h | $759K | $2.1M | — | as long as short |
| edgeX ONDOUSDC | −0.263% | +0.0100% | 4h | $4K | $319K | 20x | as long as short |
| Nado ONDO-PERP | −0.049% | +0.0100% | 1h | $460K | $629K | 10x | as long as short |
| ApeX Omni ONDOUSDT | −0.021% | +0.0100% | 1h | $155K | $346K | 50x | as long as short |
| SoDEX ONDO-USD | −0.021% | +0.0100% | 1h | $457 | $14K | 10x | as long as short |
| dYdX ONDO-USD | −0.018% | +0.9296% | 1h | $249K | $116K | 5x | as long as short |
| Kraken Futures PF_ONDOUSDlong | 0.000% | +0.0577% | 1h | $2.9M | $6.0M | 50x | |
| Paradex ONDO-USD-PERP | +0.007% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Phoenix ONDO | +0.011% | +0.0145% | 1h | $27K | $249K | 10x | as long as short |
| Bybit ONDOUSDT | +0.025% | +0.0100% | 4h | $68.9M | $115.2M | 50x | as long as short |