After costs, if the gap returns to its 7d average, $10k−$30
spread now−0.229%7d average−0.103%fees + slippage, in and out−$18spread needed0.177%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ONDO | 0.4401 | 0.0408 | pay 0.0051% / 1h | 37m 31s | $1.2M | $2.0M | 10x |
| Short | MEXC ONDO_USDT | 0.4391 | 0.0100 | get 0.0050% / 4h | 37m 31s | $46.2M | $45.2M | 200x |
Lighter ONDO
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
- −$22.95
- Funding while held
- −$9.24
- Slippage, 4 orders
- −$17.69
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$49.88
- Spread needed to break even
- 0.177%
Slippage from Lighter: live order book, 6 min ago; MEXC: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0308%
- Per $10,000 a day
- −$9.24
- 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, 6 min ago | 5.65 bp | 8.0 bp −$8 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.13 bp | 1.1 bp −$1 | 4.1 bp −$41 | 19.6 bp −$1,960 | 114.2 bp −$57.1K |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Phemex0.4388cheapestBackpack0.4389+0.018%Gate0.4390+0.046%Orderly0.4390+0.046%gTrade (Gains Network)0.4390+0.047%
Phemex
Backpack
Gate
Orderly
gTrade (Gains Network)MEXC0.4391+0.068%
Bitget0.4391+0.068%BingX0.4391+0.068%SunX0.4391+0.068%Extended0.4391+0.069%GMX0.4391+0.071%RISEx0.4392+0.086%KuCoin0.4392+0.091%SoDEX0.4393+0.114%Deribit0.4393+0.114%Coinbase International0.4393+0.114%dYdX0.4394+0.128%Paradex0.4394+0.129%Aevo0.4394+0.130%Aster0.4395+0.160%Bybit0.4396+0.182%Hyperliquid0.4397+0.212%Binance0.4398+0.236%OKX0.4399+0.251%ApeX Omni0.4399+0.251%Kraken Futures0.4399+0.251%Reya0.4399+0.251%Nado0.4400+0.262%HTX0.4400+0.273%Polymarket Perps0.4400+0.285%01 Exchange0.4401+0.292%
Bitget
BingX
SunX
Extended
GMX
RISEx
KuCoin
SoDEX
Deribit
Coinbase International
dYdX
Paradex
Aevo
Aster
Bybit
Hyperliquid
Binance
OKX
ApeX Omni
Kraken Futures
Reya
Nado
HTX
Polymarket PerpsLighter0.4401+0.299%
Phoenix0.4403+0.333%BloFin0.4406+0.410%edgeX0.4413+0.563%Variational Omni0.4416+0.640%Injective0.4419+0.706%Ondo Perps0.4432+0.994%
Phoenix
BloFin
Variational Omni
Injective
Ondo PerpsONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex ONDOUSDT | −0.298% | +0.0100% | 4h | $4.9M | $5.0M | 50x | as long as short |
| Backpack ONDO_USDC_PERP | −0.279% | +0.0100% | 1h | $275K | $791K | 15x | as long as short |
| Gate ONDO_USDT | −0.252% | −0.0020% | 4h | $11.5M | $19.8M | 50x | as long as short |
| Orderly PERP_ONDO_USDC | −0.252% | +0.0093% | 4h | $24K | $6K | 10x | as long as short |
| gTrade (Gains Network) ONDO/USD | −0.250% | L +0.0003% / S −0.0007% | 1h | $7K | — | 150x | as long as short |
| MEXC ONDO_USDTshort | −0.229% | +0.0100% | 4h | $46.2M | $45.2M | 200x | |
| Bitget ONDOUSDT | −0.229% | +0.0100% | 4h | $24.7M | $44.0M | 50x | as long as short |
| BingX ONDO-USDT | −0.229% | +0.0100% | 4h | — | $23.2M | — | as long as short |
| SunX ONDO-USDT | −0.229% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
| Extended ONDO-USD | −0.229% | +0.0104% | 1h | $372K | $1.1M | 25x | as long as short |