After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.090%7d average+0.019%fees + slippage, in and out−$25spread needed0.249%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ONDO_USDT | 0.4459 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $47.8M | $45.4M | 200x |
| Short | Deribit ONDO_USDC-PERPETUAL | 0.4463 | 0 | get 0.0000% / 1h | 56m 48s | $20K | $339K | 25x |
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
- $8.97
- Funding while held
- −$3
- Slippage, 4 orders
- −$17.88
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$18.91
- Spread needed to break even
- 0.249%
Slippage from MEXC: live order book, 4 min ago; Deribit: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 MEXC live order book, 4 min ago | 1.12 bp | 1.1 bp −$1 | 4.6 bp −$46 | 17.9 bp −$1,792 | 108.2 bp −$54.1K |
| Sell Deribit live order book, 14 min ago | 6.70 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.ONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps ONDO-USD.P | −0.132% | +0.0100% | 1h | $74K | $90K | 10x | as long as short |
| OKX ONDO-USDT-SWAP | −0.090% | +0.0100% | 4h | $17.8M | $82.3M | 50x | as long as short |
| Bybit ONDOUSDT | −0.067% | +0.0011% | 4h | $70.3M | $116.5M | 50x | as long as short |
| Bitget ONDOUSDT | −0.067% | +0.0100% | 4h | $25.2M | $44.1M | 50x | as long as short |
| BingX ONDO-USDC | −0.067% | +0.0100% | 4h | — | $763K | — | as long as short |
| Gate ONDO_USDT | −0.045% | +0.0086% | 4h | $11.7M | $18.5M | 50x | as long as short |
| Extended ONDO-USD | −0.038% | +0.0104% | 1h | $378K | $1.1M | 25x | as long as short |
| Paradex ONDO-USD-PERP | −0.024% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| MEXC ONDO_USDTlong | 0.000% | +0.0100% | 4h | $47.8M | $45.4M | 200x | |
| KuCoin ONDOUSDTM | 0.000% | +0.0100% | 4h | $13.6M | $9.8M | 50x | as long as short |
MEXC ONDO_USDT
Deribit ONDO_USDC-PERPETUAL
OKX
Bybit
Bitget
BingX
Gate
Extended
Paradex
KuCoin
Phemex
Variational Omni
Binance
ApeX Omni
SoDEX
GMX
Backpack
gTrade (Gains Network)
Injective
SunX
Aster
Hyperliquid
Polymarket Perps
RISEx
BloFin
Kraken Futures
Lighter
Phoenix
Coinbase International
HTX