Spread before costs (cost unknown: a leg has no order-book sample)0.000%
7d average—if it closes, per $10,000$0funding while held, a day−$0.21
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ONDO_USDT | 0.4401 | 0.0100 | pay 0.0050% / 4h | 39m 22s | $46.7M | $45.1M | 200x |
| Short | Orderly PERP_ONDO_USDC | 0.4401 | 0.0093 | get 0.0047% / 4h | 39m 22s | $24K | $6K | 10x |
MEXC ONDO_USDT
Orderly PERP_ONDO_USDCPrice 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
- Funding while held
- −$0.21
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$6.21
- Spread needed to break even
- 0.060%
Slippage unknown: MEXC: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0007%
- Per $10,000 a day
- −$0.21
- 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, 1 min ago | 1.13 bp | 1.1 bp −$1 | 4.0 bp −$40 | 21.2 bp −$2,119 | 123.9 bp −$61.9K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Paradex0.4395cheapestExtended0.4395+0.003%RISEx0.4396+0.038%Aster0.4397+0.052%Nado0.4397+0.062%KuCoin0.4398+0.073%BingX0.4399+0.096%dYdX0.4399+0.107%Bybit0.4400+0.119%Gate0.4400+0.119%Reya0.4401+0.131%OKX0.4401+0.142%
Paradex
Extended
RISEx
Aster
Nado
KuCoin
BingX
dYdX
Bybit
Gate
Reya
OKXMEXC0.4401+0.142%
Orderly0.4401+0.142%
gTrade (Gains Network)0.4402+0.159%GMX0.4402+0.159%Deribit0.4402+0.164%01 Exchange0.4402+0.167%Polymarket Perps0.4402+0.169%Aevo0.4402+0.169%Hyperliquid0.4402+0.171%Phoenix0.4403+0.178%Bitget0.4403+0.187%Binance0.4404+0.211%Lighter0.4407+0.285%BloFin0.4408+0.301%Coinbase International0.4409+0.324%SunX0.4412+0.392%edgeX0.4413+0.408%SoDEX0.4413+0.415%Backpack0.4413+0.424%HTX0.4414+0.438%Phemex0.4416+0.483%Variational Omni0.4416+0.485%Injective0.4419+0.551%Kraken Futures0.4419+0.561%ApeX Omni0.4420+0.574%Ondo Perps0.4432+0.838%
gTrade (Gains Network)
GMX
Deribit
Polymarket Perps
Aevo
Hyperliquid
Phoenix
Bitget
Binance
Lighter
BloFin
Coinbase International
SunX
SoDEX
Backpack
HTX
Phemex
Variational Omni
Injective
Kraken Futures
ApeX Omni
Ondo PerpsONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex ONDO-USD-PERP | −0.142% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Extended ONDO-USD | −0.139% | +0.0104% | 1h | $374K | $1.1M | 25x | as long as short |
| RISEx ONDO/USDC | −0.104% | +0.0100% | 1h | — | — | 5x | as long as short |
| Aster ONDOUSDT | −0.089% | +0.0100% | 4h | $676K | $1.6M | 20x | as long as short |
| Nado ONDO-PERP | −0.080% | +0.0100% | 1h | $429K | $565K | 10x | as long as short |
| KuCoin ONDOUSDTM | −0.068% | +0.0100% | 4h | $13.8M | $10.4M | 50x | as long as short |
| BingX ONDO-USDT | −0.045% | +0.0100% | 4h | — | $23.2M | — | as long as short |
| dYdX ONDO-USD | −0.035% | +0.9501% | 1h | $244K | $101K | 5x | as long as short |
| Bybit ONDOUSDT | −0.023% | +0.0100% | 4h | $69.2M | $117.6M | 50x | as long as short |
| Gate ONDO_USDT | −0.023% | −0.0020% | 4h | $11.6M | $19.8M | 50x | as long as short |