Spread before costs (cost unknown: a leg has no order-book sample)+0.023%
7d average−0.025%if it closes, per $10,000$2funding while held, a day+$2.70
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONDOUSDTM | 0.4507 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $14.1M | $10.2M | 50x |
| Short | GMX ONDO/USD [ETH-USDC] | 0.4508 | L +0.0572% / S −0.0190% | get 0.0024% / 1h | 25m 13s | $514K | — | 100x |
KuCoin ONDOUSDTM
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
- $2.33
- Funding while held
- $2.7
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$18.97
- Spread needed to break even
- 0.240%
Slippage unknown: KuCoin: live order book, 10 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0090%
- Per $10,000 a day
- +$2.70
- 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, 10 min ago | 2.21 bp | 16.4 bp −$16 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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.Injective0.4457cheapestOKX0.4504+1.055%Extended0.4506+1.093%Bybit0.4506+1.099%Gate0.4506+1.099%MEXC0.4506+1.099%Reya0.4507+1.119%
Injective
OKX
Extended
Bybit
Gate
MEXC
ReyaKuCoin0.4507+1.122%
Orderly0.4507+1.122%Nado0.4507+1.127%Binance0.4508+1.144%SunX0.4508+1.144%Phemex0.4508+1.144%
Orderly
Nado
Binance
SunX
PhemexGMX0.4508+1.145%
RISEx0.4508+1.153%gTrade (Gains Network)0.4509+1.157%Bitget0.4509+1.167%BingX0.4509+1.167%SoDEX0.4509+1.167%Deribit0.4509+1.167%Paradex0.4509+1.167%Aevo0.4510+1.197%Aster0.4512+1.231%BloFin0.4513+1.256%Polymarket Perps0.4514+1.270%Variational Omni0.4514+1.288%Kraken Futures0.4515+1.296%Lighter0.4516+1.326%Ondo Perps0.4516+1.326%dYdX0.4517+1.351%Hyperliquid0.4518+1.360%Backpack0.4519+1.396%Phoenix0.4520+1.405%HTX0.4520+1.414%ApeX Omni0.4521+1.436%edgeX0.4527+1.567%Coinbase International0.4539+1.840%
RISEx
gTrade (Gains Network)
Bitget
BingX
SoDEX
Deribit
Paradex
Aevo
Aster
BloFin
Polymarket Perps
Variational Omni
Kraken Futures
Lighter
Ondo Perps
dYdX
Hyperliquid
Backpack
Phoenix
HTX
ApeX Omni
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 | −1.109% | +0.0824% | 1h | $1K | $88K | 5.5x | as long as short |
| OKX ONDO-USDT-SWAP | −0.067% | +0.0100% | 4h | $18.5M | $80.5M | 50x | as long as short |
| Extended ONDO-USD | −0.029% | +0.0104% | 1h | $418K | $1.1M | 25x | as long as short |
| Bybit ONDOUSDT | −0.022% | +0.0100% | 4h | $70.1M | $112.8M | 50x | as long as short |
| Gate ONDO_USDT | −0.022% | −0.0068% | 4h | $11.8M | $19.4M | 50x | as long as short |
| MEXC ONDO_USDT | −0.022% | +0.0100% | 4h | $49.7M | $44.7M | 200x | as long as short |
| Reya ONDORUSDPERP | −0.003% | +0.1124% | 1h | $2K | — | 20x | as long as short |
| KuCoin ONDOUSDTMlong | 0.000% | +0.0100% | 4h | $14.1M | $10.2M | 50x | |
| Orderly PERP_ONDO_USDC | 0.000% | +0.0094% | 4h | $25K | $6K | 10x | as long as short |
| Nado ONDO-PERP | +0.006% | +0.0100% | 1h | $449K | $518K | 10x | as long as short |