After costs, if the gap returns to its 7d average, $10k−$37
spread now+0.022%7d average−0.030%fees + slippage, in and out−$42spread needed0.421%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONDOUSDTM | 0.4500 | 0.0100 | pay 0.0050% / 4h | 1h 23m | $14.1M | $10.2M | 50x |
| Short | MEXC ONDO_USDT | 0.4501 | 0.0100 | get 0.0050% / 4h | 1h 23m | $49.7M | $44.7M | 200x |
KuCoin ONDOUSDTM
MEXC ONDO_USDTPrice 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
- $2.22
- Funding while held
- $0
- Slippage, 4 orders
- −$30.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$39.91
- Spread needed to break even
- 0.421%
Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 2 min ago | 2.22 bp | 19.4 bp −$19 | 56.0 bp −$560 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.11 bp | 3.5 bp −$4 | 6.7 bp −$67 | 20.8 bp −$2,079 | 119.6 bp −$59.8K |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4457cheapestExtended0.4496+0.869%Bybit0.4497+0.897%RISEx0.4497+0.900%OKX0.4498+0.920%Gate0.4498+0.920%Bitget0.4498+0.920%BingX0.4498+0.920%Paradex0.4498+0.924%
Injective
Extended
Bybit
RISEx
OKX
Gate
Bitget
BingX
ParadexKuCoin0.4500+0.965%
MEXC0.4501+0.987%
Binance0.4501+0.993%dYdX0.4502+1.010%Aster0.4502+1.016%Reya0.4506+1.092%Nado0.4506+1.105%Hyperliquid0.4507+1.133%SunX0.4508+1.144%Phemex0.4508+1.144%Polymarket Perps0.4509+1.171%gTrade (Gains Network)0.4510+1.182%Aevo0.4510+1.189%Orderly0.4510+1.189%SoDEX0.4510+1.189%Deribit0.4510+1.189%GMX0.4511+1.217%Lighter0.4512+1.225%BloFin0.4513+1.256%HTX0.4514+1.279%Variational Omni0.4514+1.288%Backpack0.4515+1.290%Ondo Perps0.4516+1.326%Kraken Futures0.4517+1.339%Phoenix0.4520+1.405%ApeX Omni0.4521+1.436%edgeX0.4527+1.567%Coinbase International0.4539+1.840%
Binance
dYdX
Aster
Reya
Nado
Hyperliquid
SunX
Phemex
Polymarket Perps
gTrade (Gains Network)
Aevo
Orderly
SoDEX
Deribit
GMX
Lighter
BloFin
HTX
Variational Omni
Backpack
Ondo Perps
Kraken Futures
Phoenix
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 | −0.956% | +0.0824% | 1h | $1K | $88K | 5.5x | as long as short |
| Extended ONDO-USD | −0.095% | +0.0104% | 1h | $416K | $1.1M | 25x | as long as short |
| Bybit ONDOUSDT | −0.067% | +0.0100% | 4h | $70.1M | $113.3M | 50x | as long as short |
| RISEx ONDO/USDC | −0.065% | +0.0100% | 1h | — | — | 5x | as long as short |
| OKX ONDO-USDT-SWAP | −0.044% | +0.0100% | 4h | $18.5M | $80.7M | 50x | as long as short |
| Gate ONDO_USDT | −0.044% | −0.0054% | 4h | $11.8M | $19.5M | 50x | as long as short |
| Bitget ONDOUSDT | −0.044% | +0.0100% | 4h | $25.2M | $43.0M | 50x | as long as short |
| BingX ONDO-USDC | −0.044% | +0.0100% | 4h | — | $764K | — | as long as short |
| Paradex ONDO-USD-PERP | −0.040% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| KuCoin ONDOUSDTMlong | 0.000% | +0.0100% | 4h | $14.1M | $10.2M | 50x |