Spread before costs (cost unknown: a leg has no order-book sample)−0.112%
7d average—if it closes, per $10,000$11funding while held, a day−$7.71
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ONDO | 0.4491 | 0.0264 | pay 0.0033% / 1h | 49m 32s | $1.2M | $2.0M | 10x |
| Short | gTrade (Gains Network) ONDO/USD | 0.4486 | L +0.0003% / S −0.0007% | get 0.0001% / 1h | 49m 32s | $7K | — | 150x |
Lighter ONDO
gTrade (Gains Network) 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
- −$11.22
- Funding while held
- −$7.71
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$28.93
- Spread needed to break even
- 0.100%
Slippage unknown: Lighter: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0257%
- Per $10,000 a day
- −$7.71
- 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 Lighter live order book, 4 min ago | 4.46 bp | 10.5 bp −$11 | 34.4 bp −$344 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.Bybit0.4475cheapestInjective0.4476+0.022%Reya0.4477+0.043%OKX0.4477+0.045%Nado0.4477+0.056%Gate0.4478+0.067%Bitget0.4478+0.067%Binance0.4478+0.073%BingX0.4479+0.089%Extended0.4479+0.098%Polymarket Perps0.4479+0.098%Paradex0.4479+0.099%RISEx0.4480+0.111%01 Exchange0.4481+0.125%Variational Omni0.4481+0.133%MEXC0.4481+0.134%Ondo Perps0.4482+0.159%KuCoin0.4483+0.179%dYdX0.4483+0.187%Aster0.4485+0.222%Phoenix0.4485+0.223%Orderly0.4485+0.223%Phemex0.4485+0.223%GMX0.4485+0.224%SunX0.4486+0.246%SoDEX0.4486+0.246%Backpack0.4486+0.250%
Bybit
Injective
Reya
OKX
Nado
Gate
Bitget
Binance
BingX
Extended
Polymarket Perps
Paradex
RISEx
Variational Omni
MEXC
Ondo Perps
KuCoin
dYdX
Aster
Phoenix
Orderly
Phemex
GMX
SunX
SoDEX
BackpackgTrade (Gains Network)0.4486+0.254%
Aevo0.4487+0.279%Deribit0.4488+0.291%Hyperliquid0.4488+0.297%Coinbase International0.4489+0.313%
Aevo
Deribit
Hyperliquid
Coinbase InternationalLighter0.4491+0.366%
Kraken Futures0.4492+0.372%edgeX0.4492+0.382%BloFin0.4493+0.402%ApeX Omni0.4499+0.536%HTX0.4505+0.670%
Kraken Futures
BloFin
ApeX Omni
HTXONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.365% | +0.0100% | 4h | $70.2M | $115.0M | 50x | as long as short |
| Injective ONDO/USDC PERP | −0.343% | +0.0015% | 1h | $1K | $134K | 5.5x | as long as short |
| Reya ONDORUSDPERP | −0.322% | +0.1125% | 1h | $2K | — | 20x | as long as short |
| OKX ONDO-USDT-SWAP | −0.321% | +0.0100% | 4h | $18.5M | $80.9M | 50x | as long as short |
| Nado ONDO-PERP | −0.309% | +0.0100% | 1h | $443K | $527K | 10x | as long as short |
| Gate ONDO_USDT | −0.298% | −0.0020% | 4h | $11.7M | $19.5M | 50x | as long as short |
| Bitget ONDOUSDT | −0.298% | +0.0100% | 4h | $25.1M | $43.1M | 50x | as long as short |
| Binance ONDOUSDT | −0.292% | +0.0100% | 4h | $67.3M | $220.5M | 75x | as long as short |
| BingX ONDO-USDT | −0.276% | +0.0100% | 4h | — | $23.0M | — | as long as short |
| Extended ONDO-USD | −0.267% | +0.0104% | 1h | $388K | $1.1M | 25x | as long as short |