Spread before costs (cost unknown: a leg has no order-book sample)+0.109%
7d average−0.002%if it closes, per $10,000$11funding while held, a day+$2.71
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ONDO_USDT | 0.4397 | 0.0100 | pay 0.0050% / 4h | 38m 24s | $46.7M | $45.1M | 200x |
| Short | GMX ONDO/USD [ETH-USDC] | 0.4402 | L +0.0563% / S −0.0190% | get 0.0024% / 1h | 38m 24s | $501K | — | 100x |
MEXC ONDO_USDT
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
- $10.87
- Funding while held
- $2.71
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $1.58
- Spread needed to break even
- 0.120%
Slippage unknown: MEXC: live order book, 2 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
- +$2.71
- 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 MEXC live order book, 2 min ago | 1.13 bp | 1.1 bp −$1 | 4.0 bp −$40 | 21.2 bp −$2,119 | 123.9 bp −$61.9K |
| 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.MEXC0.4397cheapest
Nado0.4397+0.011%Bybit0.4399+0.045%OKX0.4399+0.045%Gate0.4399+0.045%BingX0.4399+0.045%Reya0.4399+0.046%dYdX0.4399+0.056%Paradex0.4400+0.058%Aster0.4400+0.058%KuCoin0.4400+0.068%Bitget0.4400+0.068%Extended0.4400+0.072%Orderly0.4401+0.091%RISEx0.4401+0.095%gTrade (Gains Network)0.4402+0.109%
Nado
Bybit
OKX
Gate
BingX
Reya
dYdX
Paradex
Aster
KuCoin
Bitget
Extended
Orderly
RISEx
gTrade (Gains Network)GMX0.4402+0.109%
Deribit0.4402+0.114%Aevo0.4402+0.118%Binance0.4403+0.126%Phoenix0.4403+0.127%Polymarket Perps0.4403+0.132%SoDEX0.4403+0.136%Phemex0.4403+0.136%SunX0.4404+0.159%Hyperliquid0.4404+0.161%Backpack0.4404+0.161%BloFin0.4406+0.205%Lighter0.4407+0.218%01 Exchange0.4408+0.255%Kraken Futures0.4410+0.303%edgeX0.4413+0.357%HTX0.4413+0.364%Variational Omni0.4416+0.434%Injective0.4419+0.500%ApeX Omni0.4420+0.523%Coinbase International0.4422+0.569%Ondo Perps0.4432+0.787%
Deribit
Aevo
Binance
Phoenix
Polymarket Perps
SoDEX
Phemex
SunX
Hyperliquid
Backpack
BloFin
Lighter
Kraken Futures
HTX
Variational Omni
Injective
ApeX Omni
Coinbase International
Ondo PerpsONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ONDO_USDTlong | 0.000% | +0.0100% | 4h | $46.7M | $45.1M | 200x | |
| Nado ONDO-PERP | +0.011% | +0.0100% | 1h | $429K | $565K | 10x | as long as short |
| Bybit ONDOUSDT | +0.045% | +0.0100% | 4h | $69.4M | $117.8M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | +0.045% | +0.0100% | 4h | $18.1M | $81.1M | 50x | as long as short |
| Gate ONDO_USDT | +0.045% | −0.0020% | 4h | $11.6M | $19.8M | 50x | as long as short |
| BingX ONDO-USDT | +0.045% | +0.0100% | 4h | — | $23.2M | — | as long as short |
| Reya ONDORUSDPERP | +0.046% | +0.1125% | 1h | $2K | — | 20x | as long as short |
| dYdX ONDO-USD | +0.056% | +0.9131% | 1h | $244K | $101K | 5x | as long as short |
| Paradex ONDO-USD-PERP | +0.058% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Aster ONDOUSDT | +0.058% | +0.0100% | 4h | $676K | $1.7M | 20x | as long as short |