After costs, if the gap returns to its 7d average, $10k−$26
spread now+0.005%7d average+0.080%fees + slippage, in and out−$18spread needed0.185%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ONDO_USDT | 0.4414 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $46.4M | $44.2M | 200x |
| Short | Hyperliquid ONDO | 0.4414 | 0.0100 | get 0.0013% / 1h | 39m 50s | $39.3M | $26.5M | 10x |
MEXC ONDO_USDT
Hyperliquid ONDOPrice 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
- $0.45
- Funding while held
- $0
- Slippage, 4 orders
- −$9.49
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$18.04
- Spread needed to break even
- 0.185%
Slippage from MEXC: live order book, 6 min ago; Hyperliquid: live order book, 5 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 MEXC live order book, 6 min ago | 1.13 bp | 2.0 bp −$2 | 6.1 bp −$61 | 20.0 bp −$1,995 | 114.4 bp −$57.2K |
| Sell Hyperliquid live order book, 5 min ago | 0.45 bp | 6.4 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.4408cheapestOKX0.4408cheapestBinance0.4410+0.045%Bitget0.4410+0.045%Paradex0.4410+0.046%Nado0.4411+0.062%Gate0.4411+0.068%BingX0.4411+0.068%dYdX0.4411+0.073%Extended0.4412+0.083%KuCoin0.4412+0.091%BloFin0.4412+0.091%Variational Omni0.4413+0.107%RISEx0.4413+0.107%Phemex0.4413+0.113%01 Exchange0.4414+0.127%Aster0.4414+0.128%
Bybit
OKX
Binance
Bitget
Paradex
Nado
Gate
BingX
dYdX
Extended
KuCoin
BloFin
Variational Omni
RISEx
Phemex
AsterMEXC0.4414+0.136%
Orderly0.4414+0.136%SoDEX0.4414+0.136%
Orderly
SoDEXHyperliquid0.4414+0.141%
Polymarket Perps0.4414+0.141%gTrade (Gains Network)0.4415+0.163%Kraken Futures0.4415+0.164%GMX0.4415+0.167%Aevo0.4415+0.170%Reya0.4416+0.173%SunX0.4416+0.181%Backpack0.4416+0.191%Deribit0.4417+0.204%Lighter0.4417+0.216%Coinbase International0.4418+0.227%HTX0.4419+0.250%edgeX0.4421+0.285%ApeX Omni0.4421+0.295%Phoenix0.4421+0.295%Ondo Perps0.4425+0.386%Injective0.4463+1.248%
Polymarket Perps
gTrade (Gains Network)
Kraken Futures
GMX
Aevo
Reya
SunX
Backpack
Deribit
Lighter
Coinbase International
HTX
ApeX Omni
Phoenix
Ondo Perps
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.136% | +0.0100% | 4h | $69.2M | $115.4M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.136% | +0.0100% | 4h | $17.3M | $79.9M | 50x | as long as short |
| Binance ONDOUSDT | −0.091% | +0.0100% | 4h | $65.2M | $222.6M | 75x | as long as short |
| Bitget ONDOUSDT | −0.091% | +0.0100% | 4h | $24.8M | $42.1M | 50x | as long as short |
| Paradex ONDO-USD-PERP | −0.090% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Nado ONDO-PERP | −0.074% | +0.0100% | 1h | $462K | $629K | 10x | as long as short |
| Gate ONDO_USDT | −0.068% | +0.0096% | 4h | $11.6M | $19.0M | 50x | as long as short |
| BingX ONDO-USDT | −0.068% | +0.0100% | 4h | — | $23.2M | — | as long as short |
| dYdX ONDO-USD | −0.063% | +0.8563% | 1h | $250K | $116K | 5x | as long as short |
| Extended ONDO-USD | −0.053% | +0.0104% | 1h | $372K | $933K | 25x | as long as short |