Spread before costs (cost unknown: a leg has no order-book sample)+0.075%
7d average+0.002%if it closes, per $10,000$7funding while held, a day+$2.99
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ONDO-PERP | 0.4405 | 0.0100 | pay 0.0012% / 1h | 8m 58s | $460K | $628K | 10x |
| Short | GMX ONDO/USD [ETH-USDC] | 0.4408 | L +0.0601% / S −0.0200% | get 0.0025% / 1h | 8m 58s | $542K | — | 100x |
Nado ONDO-PERP
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
- $7.47
- Funding while held
- $2.99
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$8.54
- Spread needed to break even
- 0.190%
Slippage unknown: Nado: live order book, 26 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$2.99
- 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 Nado live order book, 26 min ago | 0.80 bp | 7.8 bp −$8 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| 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.Variational Omni0.4401cheapestdYdX0.4404+0.073%edgeX0.4404+0.083%Kraken Futures0.4404+0.086%
Variational Omni
dYdX
Kraken FuturesNado0.4405+0.086%
Phoenix0.4405+0.095%Bybit0.4405+0.098%OKX0.4405+0.098%RISEx0.4405+0.101%Paradex0.4405+0.107%Gate0.4406+0.120%BingX0.4406+0.120%Extended0.4407+0.136%KuCoin0.4407+0.143%Bitget0.4407+0.143%ApeX Omni0.4407+0.143%Reya0.4407+0.152%Polymarket Perps0.4408+0.157%
Phoenix
Bybit
OKX
RISEx
Paradex
Gate
BingX
Extended
KuCoin
Bitget
ApeX Omni
Reya
Polymarket PerpsGMX0.4408+0.161%
gTrade (Gains Network)0.4408+0.165%Binance0.4408+0.166%MEXC0.4408+0.166%Orderly0.4408+0.166%SunX0.4408+0.166%SoDEX0.4408+0.166%Coinbase International0.4408+0.166%Phemex0.4408+0.166%01 Exchange0.4408+0.173%Deribit0.4410+0.211%BloFin0.4410+0.211%Backpack0.4410+0.223%Aevo0.4411+0.229%Ondo Perps0.4411+0.239%Hyperliquid0.4411+0.245%Aster0.4412+0.257%Lighter0.4415+0.330%HTX0.4418+0.393%Injective0.4463+1.416%
gTrade (Gains Network)
Binance
MEXC
Orderly
SunX
SoDEX
Coinbase International
Phemex
Deribit
BloFin
Backpack
Aevo
Ondo Perps
Hyperliquid
Aster
Lighter
HTX
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ONDO | −0.086% | +0.0100% | 4h | $760K | $2.1M | — | as long as short |
| dYdX ONDO-USD | −0.014% | +0.9486% | 1h | $249K | $116K | 5x | as long as short |
| edgeX ONDOUSDC | −0.003% | +0.0100% | 4h | $4K | $318K | 20x | as long as short |
| Kraken Futures PF_ONDOUSD | −0.001% | +0.0576% | 1h | $2.9M | $6.0M | 50x | as long as short |
| Nado ONDO-PERPlong | 0.000% | +0.0100% | 1h | $460K | $628K | 10x | |
| Phoenix ONDO | +0.009% | +0.0145% | 1h | $27K | $249K | 10x | as long as short |
| Bybit ONDOUSDT | +0.011% | +0.0100% | 4h | $69.0M | $114.4M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | +0.011% | +0.0100% | 4h | $17.2M | $79.3M | 50x | as long as short |
| RISEx ONDO/USDC | +0.014% | +0.0100% | 1h | — | — | 5x | as long as short |
| Paradex ONDO-USD-PERP | +0.021% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |