After costs, if the gap returns to its 7d average, $10k−$55
spread now−0.143%7d average−0.067%fees + slippage, in and out−$47spread needed0.474%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONDOUSDTM | 0.4529 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $14.2M | $10.2M | 50x |
| Short | Extended ONDO-USD | 0.4523 | 0.0104 | get 0.0013% / 1h | 29m 35s | $418K | $1.1M | 25x |
KuCoin ONDOUSDTM
Extended 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
- −$14.33
- Funding while held
- $0.12
- Slippage, 4 orders
- −$30.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$61.59
- Spread needed to break even
- 0.474%
Slippage from KuCoin: live order book, 6 min ago; Extended: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 KuCoin live order book, 6 min ago | 2.21 bp | 16.4 bp −$16 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 3.33 bp | 5.8 bp −$6 | 15.9 bp −$159 | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4457cheapestedgeX0.4512+1.245%ApeX Omni0.4516+1.324%Variational Omni0.4521+1.446%
Injective
ApeX Omni
Variational OmniExtended0.4523+1.470%
Ondo Perps0.4523+1.476%Paradex0.4524+1.500%OKX0.4524+1.503%Gate0.4524+1.503%Phoenix0.4524+1.512%MEXC0.4525+1.526%BingX0.4525+1.526%Bitget0.4526+1.548%Phemex0.4526+1.548%dYdX0.4527+1.562%RISEx0.4527+1.568%Orderly0.4527+1.571%SunX0.4527+1.571%Bybit0.4528+1.593%SoDEX0.4528+1.593%BloFin0.4528+1.593%GMX0.4528+1.604%Binance0.4529+1.609%
Ondo Perps
Paradex
OKX
Gate
Phoenix
MEXC
BingX
Bitget
Phemex
dYdX
RISEx
Orderly
SunX
Bybit
SoDEX
BloFin
GMX
BinanceKuCoin0.4529+1.615%
gTrade (Gains Network)0.4529+1.615%Deribit0.4529+1.615%Backpack0.4529+1.620%Aevo0.4530+1.628%Reya0.4531+1.651%Aster0.4532+1.683%HTX0.4532+1.683%Nado0.4534+1.733%Kraken Futures0.4535+1.741%Polymarket Perps0.4536+1.772%Hyperliquid0.4536+1.781%Lighter0.4537+1.799%Coinbase International0.4539+1.840%
gTrade (Gains Network)
Deribit
Backpack
Aevo
Reya
Aster
HTX
Nado
Kraken Futures
Polymarket Perps
Hyperliquid
Lighter
Coinbase InternationalONDO on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −1.590% | +0.0824% | 1h | $1K | $88K | 5.5x | as long as short |
| edgeX ONDOUSDC | −0.365% | +0.0100% | 4h | $4K | $317K | 20x | as long as short |
| ApeX Omni ONDOUSDT | −0.287% | +0.0100% | 1h | $183K | $340K | 50x | as long as short |
| Variational Omni ONDO | −0.167% | +0.0100% | 4h | $916K | $2.0M | — | as long as short |
| Extended ONDO-USDshort | −0.143% | +0.0104% | 1h | $418K | $1.1M | 25x | |
| Ondo Perps ONDO-USD.P | −0.137% | +0.0100% | 1h | $74K | $101K | 10x | as long as short |
| Paradex ONDO-USD-PERP | −0.114% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| OKX ONDO-USDT-SWAP | −0.110% | +0.0100% | 4h | $18.4M | $80.4M | 50x | as long as short |
| Gate ONDO_USDT | −0.110% | −0.0074% | 4h | $11.9M | $19.4M | 50x | as long as short |
| Phoenix ONDO | −0.102% | +0.0035% | 1h | $28K | $206K | 10x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ONDO_USDT | −0.088% | +0.0100% | 4h | $49.6M | $44.6M | 200x | as long as short |
| BingX ONDO-USDC | −0.088% | +0.0100% | 4h | — | $767K | — | as long as short |
| Bitget ONDOUSDT | −0.066% | +0.0100% | 4h | $25.3M | $42.7M | 50x | as long as short |
| Phemex ONDOUSDT | −0.066% | +0.0100% | 4h | $4.9M | $4.7M | 50x | as long as short |
| dYdX ONDO-USD | −0.053% | +0.4104% | 1h | $161K | $11K | 5x | as long as short |
| RISEx ONDO/USDC | −0.047% | +0.0100% | 1h | — | — | 5x | as long as short |
| Orderly PERP_ONDO_USDC | −0.044% | +0.0094% | 4h | $25K | $6K | 10x | as long as short |
| SunX ONDO-USDT | −0.044% | +0.0100% | 4h | — | $1.3M | 20x | as long as short |
| Bybit ONDOUSDT | −0.022% | +0.0100% | 4h | $70.3M | $112.7M | 50x | as long as short |
| SoDEX ONDO-USD | −0.022% | +0.0100% | 1h | $2K | $8K | 10x | as long as short |
| BloFin ONDO-USDT | −0.022% | +0.0340% | 4h | $3.3M | $3.4M | 75x | as long as short |
| GMX ONDO/USD [ETH-USDC] | −0.011% | L +0.0574% / S −0.0190% | 1h | $516K | — | 100x | as long as short |
| Binance ONDOUSDT | −0.006% | +0.0100% | 4h | $67.7M | $216.6M | 75x | as long as short |
| KuCoin ONDOUSDTMlong | 0.000% | +0.0100% | 4h | $14.2M | $10.2M | 50x | |
| gTrade (Gains Network) ONDO/USD | 0.000% | L +0.0003% / S −0.0007% | 1h | $7K | — | 150x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $36K | $237K | 25x | as long as short |
| Backpack ONDO_USDC_PERP | +0.004% | +0.0100% | 1h | $297K | $646K | 15x | as long as short |
| Aevo ONDO-PERP | +0.012% | +0.0104% | 1h | $36K | — | 3x | as long as short |
| Reya ONDORUSDPERP | +0.035% | +0.1123% | 1h | $2K | — | 20x | as long as short |
| Aster ONDOUSDT | +0.066% | +0.0100% | 4h | $693K | $1.5M | 20x | as long as short |
| HTX ONDO-USDT | +0.066% | +0.0100% | 4h | $130K | $618K | 50x | as long as short |
| Nado ONDO-PERP | +0.116% | +0.0100% | 1h | $455K | $517K | 10x | as long as short |
| Kraken Futures PF_ONDOUSD | +0.124% | +0.0896% | 1h | $3.6M | $4.9M | 50x | as long as short |
| Polymarket Perps ONDO-USD | +0.155% | +0.0100% | 1h | $87K | $961K | 10x | as long as short |
| Hyperliquid ONDO | +0.163% | +0.0484% | 1h | $43.0M | $27.3M | 10x | as long as short |
| Lighter ONDO | +0.181% | +0.0560% | 1h | $1.2M | $1.9M | 10x | as long as short |
| Coinbase International ONDO-PERP-INTX | +0.221% | +0.0488% | 1h | $356K | $815K | 50x | as long as short |