After costs, if the gap returns to its 7d average, $10k+$13
spread now+0.542%7d average+0.098%fees + slippage, in and out−$32spread needed0.318%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ONDO-PERP | 0.4517 | 0.0100 | pay 0.0012% / 1h | 43m 24s | $484K | $610K | 10x |
| Short | Lighter ONDO | 0.4541 | 0.0488 | get 0.0061% / 1h | 43m 24s | $1.2M | $2.0M | 10x |
Nado ONDO-PERP
Lighter 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
- $54.24
- Funding while held
- $11.64
- Slippage, 4 orders
- −$24.83
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $34.05
- Spread needed to break even
- 0.318%
Slippage from Nado: live order book, 1 min ago; Lighter: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0388%
- Per $10,000 a day
- +$11.64
- 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 Nado live order book, 1 min ago | 3.53 bp | 8.0 bp −$8 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 4.53 bp | 4.9 bp −$5 | 15.5 bp −$155 | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4445cheapestApeX Omni0.4485+0.900%Phoenix0.4491+1.046%edgeX0.4498+1.187%BloFin0.4501+1.260%Variational Omni0.4512+1.501%
Injective
ApeX Omni
Phoenix
BloFin
Variational OmniNado0.4517+1.620%
Ondo Perps0.4521+1.710%OKX0.4523+1.755%Bybit0.4525+1.800%Reya0.4527+1.836%Extended0.4527+1.841%Bitget0.4527+1.845%BingX0.4527+1.845%MEXC0.4528+1.867%KuCoin0.4528+1.867%gTrade (Gains Network)0.4528+1.876%Gate0.4529+1.890%Binance0.4529+1.892%Polymarket Perps0.4529+1.897%RISEx0.4532+1.949%Hyperliquid0.4532+1.955%Paradex0.4532+1.957%Orderly0.4532+1.957%dYdX0.4532+1.959%Coinbase International0.4533+1.980%HTX0.4533+1.980%Phemex0.4533+1.980%GMX0.4533+1.987%Aster0.4534+2.002%SunX0.4534+2.002%SoDEX0.4534+2.002%Aevo0.4535+2.016%01 Exchange0.4536+2.058%Deribit0.4538+2.092%Backpack0.4538+2.099%Kraken Futures0.4538+2.100%
Ondo Perps
OKX
Bybit
Reya
Extended
Bitget
BingX
MEXC
KuCoin
gTrade (Gains Network)
Gate
Binance
Polymarket Perps
RISEx
Hyperliquid
Paradex
Orderly
dYdX
Coinbase International
HTX
Phemex
GMX
Aster
SunX
SoDEX
Aevo
Deribit
Backpack
Kraken FuturesLighter0.4541+2.171%
ONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −1.594% | +0.1162% | 1h | $1K | $85K | 5.5x | as long as short |
| ApeX Omni ONDOUSDT | −0.708% | +0.0100% | 1h | $181K | $387K | 50x | as long as short |
| Phoenix ONDO | −0.565% | +0.0162% | 1h | $28K | $244K | 10x | as long as short |
| edgeX ONDOUSDC | −0.426% | +0.0100% | 4h | $5K | $319K | 20x | as long as short |
| BloFin ONDO-USDT | −0.354% | +0.0340% | 4h | $3.3M | $3.5M | 75x | as long as short |
| Variational Omni ONDO | −0.117% | +0.0048% | 4h | $934K | $2.0M | — | as long as short |
| Nado ONDO-PERPlong | 0.000% | +0.0100% | 1h | $484K | $610K | 10x | |
| Ondo Perps ONDO-USD.P | +0.089% | +0.0100% | 1h | $75K | $95K | 10x | as long as short |
| OKX ONDO-USDT-SWAP | +0.133% | +0.0100% | 4h | $18.6M | $84.2M | 50x | as long as short |
| Bybit ONDOUSDT | +0.177% | −0.0968% | 4h | $70.9M | $118.5M | 50x | as long as short |