Spread before costs (cost unknown: a leg has no order-book sample)+0.024%
7d average—if it closes, per $10,000$2funding while held, a day+$30.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ONDO_USDT | 0.4500 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $50.1M | $43.2M | 200x |
| Short | Reya ONDORUSDPERP | 0.4501 | 0.1121 | get 0.0140% / 1h | 30m 12s | $2K | — | 20x |
MEXC ONDO_USDT
Reya ONDORUSDPERPPrice 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
- $2.37
- Funding while held
- $30.64
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $27.01
- Spread needed to break even
- 0.060%
Slippage unknown: MEXC: live order book, 5 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1021%
- Per $10,000 a day
- +$30.64
- 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, 5 min ago | 1.11 bp | 1.1 bp −$1 | 4.2 bp −$42 | 15.9 bp −$1,592 | 97.6 bp −$48.8K |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.Backpack0.4493cheapestVariational Omni0.4495+0.032%Binance0.4495+0.040%BingX0.4495+0.040%Orderly0.4495+0.040%Extended0.4495+0.042%SunX0.4496+0.062%SoDEX0.4496+0.062%Phemex0.4496+0.062%BloFin0.4496+0.062%GMX0.4496+0.071%gTrade (Gains Network)0.4497+0.075%Bybit0.4497+0.085%OKX0.4497+0.085%Bitget0.4497+0.085%Deribit0.4497+0.085%Gate0.4498+0.107%Aevo0.4498+0.111%Coinbase International0.4499+0.129%
Backpack
Variational Omni
Binance
BingX
Orderly
Extended
SunX
SoDEX
Phemex
BloFin
GMX
gTrade (Gains Network)
Bybit
OKX
Bitget
Deribit
Gate
Aevo
Coinbase InternationalMEXC0.4500+0.151%
Kraken Futures0.4500+0.162%
Kraken FuturesReya0.4501+0.175%
KuCoin0.4502+0.196%Lighter0.4502+0.207%Aster0.4503+0.208%Paradex0.4503+0.215%Phoenix0.4503+0.229%RISEx0.4504+0.232%edgeX0.4504+0.243%dYdX0.4504+0.251%Nado0.4505+0.251%ApeX Omni0.4505+0.263%01 Exchange0.4505+0.265%Polymarket Perps0.4506+0.296%Ondo Perps0.4507+0.316%HTX0.4508+0.329%Hyperliquid0.4509+0.341%Injective0.4512+0.418%
KuCoin
Lighter
Aster
Paradex
Phoenix
RISEx
dYdX
Nado
ApeX Omni
Polymarket Perps
Ondo Perps
HTX
Hyperliquid
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack ONDO_USDC_PERP | −0.151% | +0.0100% | 1h | $195K | $394K | 15x | as long as short |
| Variational Omni ONDO | −0.119% | +0.0100% | 4h | $967K | $1.7M | — | as long as short |
| Binance ONDOUSDT | −0.111% | +0.0100% | 4h | $67.1M | $206.3M | 75x | as long as short |
| BingX ONDO-USDT | −0.111% | +0.0100% | 4h | — | $22.0M | — | as long as short |
| Orderly PERP_ONDO_USDC | −0.111% | +0.0093% | 4h | $27K | $4K | 10x | as long as short |
| Extended ONDO-USD | −0.109% | +0.0104% | 1h | $354K | $767K | 25x | as long as short |
| SunX ONDO-USDT | −0.089% | +0.0100% | 4h | — | $1.3M | 20x | as long as short |
| SoDEX ONDO-USD | −0.089% | +0.0100% | 1h | $2K | $9K | 10x | as long as short |
| Phemex ONDOUSDT | −0.089% | +0.0100% | 4h | $4.8M | $4.4M | 50x | as long as short |
| BloFin ONDO-USDT | −0.089% | +0.0340% | 4h | $3.4M | $3.4M | 75x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX ONDO/USD [ETH-USDC] | −0.080% | L +0.0565% / S −0.0187% | 1h | $507K | — | 100x | as long as short |
| gTrade (Gains Network) ONDO/USD | −0.076% | L +0.0003% / S −0.0008% | 1h | $6K | — | 150x | as long as short |
| Bybit ONDOUSDT | −0.067% | +0.0100% | 4h | $69.9M | $106.1M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.067% | +0.0100% | 4h | $18.7M | $75.0M | 50x | as long as short |
| Bitget ONDOUSDT | −0.067% | +0.0100% | 4h | $25.3M | $41.0M | 50x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | −0.067% | 0.0000% | 1h | $25K | $235K | 25x | as long as short |
| Gate ONDO_USDT | −0.044% | −0.0114% | 4h | $11.8M | $18.3M | 50x | as long as short |
| Aevo ONDO-PERP | −0.041% | +0.0104% | 1h | $35K | — | 3x | as long as short |
| Coinbase International ONDO-PERP-INTX | −0.022% | +0.0552% | 1h | $364K | $780K | 50x | as long as short |
| MEXC ONDO_USDTlong | 0.000% | +0.0100% | 4h | $50.1M | $43.2M | 200x | |
| Kraken Futures PF_ONDOUSD | +0.010% | +0.1870% | 1h | $3.6M | $4.7M | 50x | as long as short |
| Reya ONDORUSDPERPshort | +0.024% | +0.1121% | 1h | $2K | — | 20x | |
| KuCoin ONDOUSDTM | +0.044% | +0.0100% | 4h | $14.2M | $9.9M | 50x | as long as short |
| Lighter ONDO | +0.056% | +0.0400% | 1h | $1.2M | $1.7M | 10x | as long as short |
| Aster ONDOUSDT | +0.057% | +0.0100% | 4h | $709K | $1.3M | 20x | as long as short |
| Paradex ONDO-USD-PERP | +0.064% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Phoenix ONDO | +0.078% | +0.0053% | 1h | $28K | $194K | 10x | as long as short |
| RISEx ONDO/USDC | +0.080% | +0.0100% | 1h | — | — | 5x | as long as short |
| edgeX ONDOUSDC | +0.092% | +0.0100% | 4h | $3K | $315K | 20x | as long as short |
| dYdX ONDO-USD | +0.100% | +0.3119% | 1h | $160K | $11K | 5x | as long as short |
| Nado ONDO-PERP | +0.100% | +0.0100% | 1h | $480K | $406K | 10x | as long as short |
| ApeX Omni ONDOUSDT | +0.111% | +0.0100% | 1h | $196K | $331K | 50x | as long as short |
| 01 Exchange ONDOUSD | +0.113% | +0.0272% | 1h | $371 | $1K | 10x | as long as short |
| Polymarket Perps ONDO-USD | +0.144% | +0.0100% | 1h | $67K | $722K | 10x | as long as short |
| Ondo Perps ONDO-USD.P | +0.164% | +0.0100% | 1h | $74K | $104K | 10x | as long as short |
| HTX ONDO-USDT | +0.178% | +0.0100% | 4h | $129K | $615K | 50x | as long as short |
| Hyperliquid ONDO | +0.190% | +0.0368% | 1h | $42.2M | $27.0M | 10x | as long as short |
| Injective ONDO/USDC PERP | +0.267% | −0.0499% | 1h | $1K | $118K | 5.5x | as long as short |