After costs, if the gap returns to its 7d average, $10k−$37
spread now+0.074%7d average+0.013%fees + slippage, in and out−$43spread needed0.429%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ONDO-PERP | 0.4402 | 0.0100 | pay 0.0012% / 1h | 10m 41s | $460K | $628K | 10x |
| Short | Phemex ONDOUSDT | 0.4405 | 0.0100 | get 0.0050% / 4h | 1h 10m | $4.9M | $5.7M | 50x |
Nado ONDO-PERP
Phemex ONDOUSDTPrice 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
- $7.38
- Funding while held
- $0
- Slippage, 4 orders
- −$23.91
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$35.52
- Spread needed to break even
- 0.429%
Slippage from Nado: live order book, 24 min ago; Phemex: 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 Nado live order book, 24 min ago | 0.80 bp | 7.8 bp −$8 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 3.41 bp | 12.9 bp −$13 | 20.3 bp −$203 | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.4396cheapestVariational Omni0.4399+0.060%OKX0.4399+0.068%edgeX0.4401+0.106%Gate0.4401+0.114%Kraken Futures0.4401+0.118%Extended0.4402+0.129%
ApeX Omni
Variational Omni
OKX
Gate
Kraken Futures
ExtendedNado0.4402+0.131%
Paradex0.4402+0.134%Bybit0.4402+0.136%KuCoin0.4402+0.136%BingX0.4402+0.136%gTrade (Gains Network)0.4403+0.158%MEXC0.4403+0.159%Bitget0.4403+0.159%Orderly0.4403+0.159%Binance0.4403+0.165%RISEx0.4404+0.175%dYdX0.4404+0.178%SoDEX0.4404+0.182%GMX0.4404+0.183%Phoenix0.4405+0.202%Polymarket Perps0.4405+0.205%Deribit0.4405+0.205%
Paradex
Bybit
KuCoin
BingX
gTrade (Gains Network)
MEXC
Bitget
Orderly
Binance
RISEx
dYdX
SoDEX
GMX
Phoenix
Polymarket Perps
DeribitPhemex0.4405+0.205%
Reya0.4405+0.208%Hyperliquid0.4406+0.225%SunX0.4406+0.227%01 Exchange0.4406+0.239%Aster0.4407+0.250%Ondo Perps0.4407+0.250%BloFin0.4407+0.250%Aevo0.4407+0.250%Backpack0.4408+0.268%Coinbase International0.4408+0.273%Lighter0.4409+0.293%HTX0.4414+0.409%Injective0.4463+1.524%
Reya
Hyperliquid
SunX
Aster
Ondo Perps
BloFin
Aevo
Backpack
Coinbase International
Lighter
HTX
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ONDOUSDT | −0.131% | +0.0100% | 1h | $155K | $346K | 50x | as long as short |
| Variational Omni ONDO | −0.070% | +0.0100% | 4h | $761K | $2.1M | — | as long as short |
| OKX ONDO-USDT-SWAP | −0.062% | +0.0100% | 4h | $17.1M | $79.4M | 50x | as long as short |
| edgeX ONDOUSDC | −0.025% | +0.0100% | 4h | $4K | $318K | 20x | as long as short |
| Gate ONDO_USDT | −0.017% | +0.0100% | 4h | $11.6M | $19.1M | 50x | as long as short |
| Kraken Futures PF_ONDOUSD | −0.013% | +0.0576% | 1h | $2.9M | $6.0M | 50x | as long as short |
| Extended ONDO-USD | −0.001% | +0.0104% | 1h | $370K | $930K | 25x | as long as short |
| Nado ONDO-PERPlong | 0.000% | +0.0100% | 1h | $460K | $628K | 10x | |
| Paradex ONDO-USD-PERP | +0.003% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Bybit ONDOUSDT | +0.006% | +0.0100% | 4h | $68.9M | $114.6M | 50x | as long as short |